NFL Draft's economic impact in Detroit projected to be significant, experts say
The 2024 NFL Draft in downtown Detroit concluded on Saturday, and city officials anticipate the economic impact to be significant.
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The 2024 NFL Draft in downtown Detroit concluded on Saturday, and city officials anticipate the economic impact to be significant.
Jeep maker Stellantis is planning to lay off an unspecified number of workers at its U.S. factories in the coming months to deal with a rapidly changing global auto market, the company said Tuesday.
Workers at Mercedes-Benz factories near Tuscaloosa, Alabama, will vote next month on whether they want to be represented by the United Auto Workers union.
Wall Street is closely watching the jobs report and next week's inflation data to predict when the Fed might cut rates.
The annual income needed to afford even a basic home in the U.S. has risen sharply since the pandemic, a new report shows.
Workers at Volkswagen's factory in Chattanooga, Tennessee, will vote next month on whether they want to be represented by the United Auto Workers union.
Jeep maker Stellantis is laying off about 400 white-collar workers in the U.S. as it deals with the transition from combustion engines to electric vehicles.
Volkswagen's factory in Chattanooga, Tennessee, is likely to be the first test of the United Auto Workers' effort to organize nonunion automobile plants across the nation.
The United Auto Workers says a majority of workers at a Mercedes plant near Tuscaloosa, Alabama, have signed cards in support of joining the union.
On Tuesday, business and civic leaders did a deep dive into that report at One Campus Martius.
Americans can expect ebbing inflation and a strong job market this year, according to the National Association for Business Economics.
"Americans should feel confident that inflation will come down to levels that will no longer really be noticeable or worrisome to them," Yellen told CBS News.
U.S. Treasury Secretary Janet Yellen touted a strong economy and believes inflation is returning to normal levels while making several stops across Detroit on Wednesday, including NewLab at Michigan Central.
Bartender Catey Regis's pricey misadventure of buying a used car recently speaks to why voters are worrying about the U.S. economy going into this year's presidential election.
Ford says it swung to a net loss in the fourth quarter.
Although U.S. unemployment remains near a 50-year low, job losses have surged this month. Here's what tells about the state of the labor market.
UPS will lay off 12,000 workers and says it is ordering employees to return to the office five days a week.
Workers in some jobs, including many who are self-employed, enjoyed double-digit wage gains last year. Here's who got the biggest pay bumps.
This year's robust stock market performance defied analysts' predictions as investors cheered prospects of lower interest rates and inflation.
The monthly report signals hiring remains stronger than many economists had forecast, while the jobless rate dipped to 3.7%.
More than 1,000 workers at Volkswagen's Tennessee factory have signed cards authorizing a vote to be represented by the United Auto Workers union.
Ford Motor Co. says a six-week strike by the United Auto Workers union cut sales by about 100,000 vehicles and cost the company $1.7 billion in lost profits this year.
Holiday online shopping off to a strong start as retailers roll out larger discounts to tempt cash-strapped consumers.
Entering contract talks with Detroit's three automakers, Shawn Fain set lofty expectations for what he could gain for his union members — and delivered on many of them.
Members of the United Auto Workers union moved closer to approving a contract agreement with Stellantis on Friday as two large factories in Detroit voted overwhelmingly for the deal.
