The Federal Reserve held interest rates near zero on Wednesday and indicated that it expected to maintain that level until the end of 2022. All members of the Federal Open Market Committee expect the rate to remain near zero through 2021, and all but two...
The CDC released a set of documents on Thursday designed to provide guidance on schools, restaurants & bars will begin the process of reopening the economy during this Great Depression 2.0.
The federal stimulus payments aimed at helping Americans weather the economic hit from the pandemic seem to have generated as much anxiety as relief. People who haven’t yet received a stimulus payment from the federal government face a Wednesday deadline to get...
Detroit Police have touted on social media that they issued hundreds of citations and broke up dozens of parties during the coronavirus lockdown, reported Detroit Free Press. A new Facebook post via the Detroit Police Department details how thousands of folks...
General Motors will lay off 814 hourly and salaried workers at its assembly plant on the border of Detroit and Hamtramck, Michigan, starting Feb. 28. The workers will be relocated and the plant will be retooled for a new line of electric vehicles to...
The Saudis want to break free from U.S. influence and hedge their bets with China and the Russians
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