Consumer sentiment drops as long-run inflation views rise
Inflation expectations surged on concerns that President Donald Trump’s tariffs will translate into higher prices, according ...
Crain's Detroit17h
Michigan retailers start 2025 strong with positive January sales
Annual data shows that 48% of Michigan retailers saw an increase in sales during 2024, while 47% saw a decrease and 5% noted no change. When asked about their overall sales outlook for the current ...
January home sales fall as high mortgage rates, prices freeze out would-be buyers
Sales of previously occupied U.S. homes fell in January as rising mortgage rates and prices put off many would-be homebuyers ...
Fed's Jefferson says AI is speeding investors' reactions to central bankers' messages
Artificial intelligence is speeding the rate at which investors react to specific sentences in central bankers' speeches and ...
Federal judge will consider further blocking Trump administration from freezing funds
A federal judge will consider a request to further block President Donald Trump’s administration from freezing grants and ...
New US House task force focused on the Fed sets first meeting
A new congressional task force focused on the Federal Reserve, set up by the head of a powerful committee who is critical of the U.S. central bank's approach to setting monetary policy, has penciled ...
Detroit Big 3 Delay Major Models, Focus Shifts From EVs To Hybrids And ICE
Money is shifting around, and the next-generation internal combustion engine vehicles have gone back in the plan, while EVs ...