Trump calls on Fed governor to resign after mortgage fraud allegations
President Trump called on Fed Governor Lisa Cook to resign on Wednesday after one of his appointees accused her of mortgage fraud.
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President Trump called on Fed Governor Lisa Cook to resign on Wednesday after one of his appointees accused her of mortgage fraud.
Federal Reserve Chair Jerome Powell has been under pressure from President Trump to lower the central bank's benchmark interest rate.
The Fed is maintaining its benchmark interest rate in the range of 4.25% to 4.5%, where it's been parked since December.
President Trump has lashed out against Federal Reserve Chair Jerome Powell for weeks.
Employers across the U.S. added 147,000 jobs in June, while the unemployment rate fell to 4.1%.
Wednesday before the Senate Banking Committee, Federal Reserve Chair Jerome Powell emphasized the country's national debt is on an unsustainable path. Also on Wednesday, President Trump said he had people in mind for Powell's replacement, although the chair's term is not yet expired.
The Federal Reserve said Wednesday it will maintain the benchmark interest rate at its current range of 4.25% to 4.5%
President Trump wants the Federal Reserve to cut interest rates. Here's what experts predict at the central bank's May 7 meeting.
Fed Chair Jerome Powell cites "high uncertainty" around the impact of Trump administration tariffs on key trading partners.
The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's inauguration.
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
The Federal Reserve on Wednesday moved to lower its benchmark rate by 0.25 percentage points, but said it plans fewer cuts in 2025.
The Federal Reserve announced a third rate cut today, but also cautioned it expects fewer cuts in 2025.
The Federal Reserve said it is cutting rates by 0.25 percentage points, its second rate cut of the year.
The Federal Reserve announced its second interest rate cut of 2024, but Trump's economic priorities could impact future policy.
Donald Trump's victory in the 2024 presidential election is likely to have a major impact on the economy. Here's what to know.
This month's report reflects a lot of noise due to hurricanes, Boeing machinists strike.
The Federal Reserve just lowered its benchmark rate by 0.50 percentage points. Here's how the move could impact your finances.
The Fed's decision will lower borrowing costs from a 23-year high as the central bank pivots to shoring up economic growth.
The Fed has slashed borrowing costs for the first time in more than four years. Here's how that would impact people with credit card balances.
The Federal Reserve kept its benchmark rate in a range of 5.25% to 5.5%, the same level where it's been parked since July 2023.
Inflation-weary consumers have also been slammed by high borrowing costs, but the Fed is cautious about sticky inflation.
Inflation is moving sideways, remaining above 3% for the first three months of 2024. Here's how that could impact your finances.
The Fed left its benchmark interest rate unchanged amid persistent inflation. Bankers are predicting three rate cuts later this year.
The Federal Reserve marked its first rate decision of 2024 by keeping its benchmark interest rate unchanged.
Air traffic recordings captured a Delta captain alerting air traffic controllers that he was feeling sick and needed to get to a hospital.
The ad campaign is part of the department's pitch to attract experienced attorneys, following high turnover among those hired straight out of law school.
Freddy Peralta pitched six scoreless innings and picked up his first win with his new team as the Tampa Bay Rays beat the Detroit Tigers 3-0 on Wednesday.
A 22-year-old Inkster man who is accused of randomly stabbing a 63-year-old woman at a Dollar Tree store earlier this week has been charged.
Supporters say it's about separating campaign contributions from government decisions.
Severe thunderstorms are expected to develop on Wednesday afternoon and evening as a cold front moves through Southeast Michigan.
A boater was killed, with another rescued from the water, after a boat flipped over in Oxbow Lake on Tuesday.
Robinette's Apple Haus and Winery in Grand Rapids will open its corn maze season on Sept. 1 with a Dolly Parton theme.
Supporters say it's about separating campaign contributions from government decisions.
Wayne County health officials on Wednesday reported the county's first human case of West Nile virus in 2026.
Automotive expert Paul Eisenstein of Autoline TV said the number of vehicles recalled this year has surged.
Woodward Dream Cruise participant Mike Holmes, who showed off a DeLorean at Saturday's event, said the " human interaction is just as much fun as driving the car."
General Motors says 350 workers will be laid off in January at its Lansing Grand River Assembly/Stamping and Lansing Regional Stamping sites.
Ford says the reveal is intended to connect directly with the enthusiasts who have helped make the Woodward Dream Cruise one of the nation's premier automotive events.
On average, drivers in the state are paying $4.15 per gallon for regular unleaded fuel.
Robinette's Apple Haus and Winery in Grand Rapids will open its corn maze season on Sept. 1 with a Dolly Parton theme.
Tim Curry was known for his iconic performances in cult classics like "The Rocky Horror Picture Show" and the original screen adaptation of Stephen King's "It."
Audience members at a stage performance of "9 to 5: The Musical" in the U.K. were heard gasping aloud at the news of Dolly Parton's death Tuesday.
Detroit rapper Eminem joined several others paying tribute to singer and actress Dolly Parton, who died at the age of 80.
The Parade Company is preparing for the 100th America's Thanksgiving Parade in downtown Detroit, and this year's grand marshal is businessman Dan Gilbert.
Freddy Peralta pitched six scoreless innings and picked up his first win with his new team as the Tampa Bay Rays beat the Detroit Tigers 3-0 on Wednesday.
Canadian officials said the tariffs set to be imposed on more than 800 U.S. imports are "strategic" and designed to target some states.
The group of 24 states and the District of Columbia argues the Postal Service's new rule violates the Constitution and federal law.
Tim Curry was known for his iconic performances in cult classics like "The Rocky Horror Picture Show" and the original screen adaptation of Stephen King's "It."
Meta agreed to pay up to $17.1 billion to settle allegations that its social media platforms are addictive.
Wayne County health officials on Wednesday reported the county's first human case of West Nile virus in 2026.
A bat found in Livingston County, Michigan, has tested positive for rabies, the local health department said on Thursday.
Providers, students, clients and community members gathered outside the Blue Cross Blue Shield of Michigan headquarters to urge the organization to pursue solutions that preserve access to care.
The new facility brings a wide range of services together under one roof, including workforce development programs, educational opportunities, behavioral health support and family services.
A human case of West Nile virus in West Michigan was detected through routine screening of a blood donation, health officials say.
Freddy Peralta pitched six scoreless innings and picked up his first win with his new team as the Tampa Bay Rays beat the Detroit Tigers 3-0 on Wednesday.
The 6-foot-10, 250-pound former NBA player was removed from Sunday's game after he was confronted by Sky guard Natasha Cloud.
Max Clark hit his first home run at Comerica Park and five Tigers pitchers combined to allow one run as Detroit ended a six-game losing streak with a 4-1 win over the Tampa Bay Rays.
More than two weeks before the Detroit Lions kick off their 2026 regular season, the team unveiled its new uniform on Tuesday.
Detroit's new professional women's hockey team welcomed its star player to Little Caesars Arena on Tuesday, officially introducing Hilary Knight.
As we count down the final days of summer, there's still a wee bit of time left to grab a good book as you head to the beach or maybe your backyard.
Rachel Stewart previews the upcoming America's Thanksgiving Parade presented by Gardner White, which will celebrate its 100th anniversary in 2026.
The eyes of the nation were on Michigan as its critical 2026 primary was held last Tuesday.
As the nation turns its attention to Michigan's critical Aug. 4 primary, the Michigan Matters roundtable weighs in.
Perry Johnson discussed not receiving President Trump's endorsement and the reasons he believes John James did.
The Wayne County Prosecutor's Office is taking a unique approach to attracting new talent to its pool of attorneys.
Michigan voters will decide the future of the “Money Out of Politics” proposal this November.
Birmingham's new project features three spires rising above the words "Birmingham Welcomes You." The master plan estimates that each large gateway monument costs about $43,000.
Wayne County health officials on Wednesday reported the county's first human case of West Nile virus in 2026.
Michigan will receive at least $171 million from the owner of Facebook and Instagram as part of a settlement that Meta Platforms has reached with 47 states, D.C. and three U.S. territories.