How does ‘pausing’ federal funding for school meals for disadvantaged children or programming for special needs children make America great again?” the superintendent posted on social media.
The Fed is nearly certain to keep its key interest rate unchanged at its policy meeting this week, just a few days after Trump said he would soon demand lower rates.
The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's inauguration.
Now, once-mighty Detroit itself really has filed for Chapter 9 federal bankruptcy protection. There will be casualties from the filing — either the city's creditors will take a big haircut on ...
DETROIT (WXYZ) — A man was arrested after firing gunshots in front of the Patrick V. McNamara Federal Building in downtown Detroit on Tuesday. The incident happened ...
This story incorporates reporting from Detroit News, The Wall Street Journal on MSN.com and Reuters.The U.S. dollar may strengthen as market analysts suggest that tariff risks are unlikely to alter the Federal Reserve’s current policy direction.
On Wednesday, advocates in Metro Detroit rallied together at Patton Park in Detroit to emphasize the rights of local immigrants.
Last month, Fed officials signaled they expect just two rate cuts for all of 2025, a shallower path of reductions than previously anticipated. Investors echo this view, betting on one cut by the Fed’s June meeting and another by the end of the year, according to futures markets.
Mostly cloudy with a slight chance of a light snow showers Falling temperatures into the upper 20s by the evening. Winds: WNW 20-30 with gusts to 35+ mph.
The Commerce Department reported Thursday that gross domestic product — the economy's output of goods and services — expanded at a 2.3% annual rate from October through December. For the full year, the economy grew a healthy 2.8%, compared with 2.9% in 2023.
Even as more bus routes, better service, and improved dialogue around transit highlighted 2024, divided government and Trump's pause on federal grants will make any expanded transit tough in Michigan.