Detroit organization concerned as confusion remains over federal funding
Last week, the Trump administration rescinded the memo about freezing federal funds, and some local organizations say their ...
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Fed Officials Are Worried About Prospective Tariffs
Federal Reserve Bank of Chicago President Austan Goolsbee warns that lessons from the pandemic suggest tariffs might become inflationary by creating supply-side disruptions.
Trump's China tariff increase will affect Ford and GM vehicles, billions of dollars in auto parts
The biggest impact on vehicles will be on Ford Motor's Lincoln Nautilus and General Motors' Buick Envision. Those crossovers ...
Auto industry bracing for further disruption in 2025, experts say
Analysts, experts and professionals from the industry spoke out about their concerns at the 31st Automotive Insights ...
Federal Reserve holds interest rates steady as inflation remains above 2%
The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's ...
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Former Federal Reserve adviser indicted and arrested for alleged espionage in dealings with China
Federal authorities have arrested a former Federal Reserve senior adviser for allegedly giving inside economic information to China. A grand jury indictment accuses John Harold Rogers, 63 ...
Wall Street slips after the Federal Reserve keeps interest rates steady
U.S. stock indexes are drifting on Wednesday, ahead of the Federal Reserve’s upcoming decision on interest rates and after ...