Supply & Demand

Since it was completed in 1869, the Suez Canal has been one of the world's most important bodies of water; a portal between East and West that has been controlled by multiple countries, threatened to ignite war, and become a bedrock of the global economy.

Sales of newly built homes fell more than expected in February, as builders faced higher costs and persistent delays.

Metro Detroit's spring residential real estate market is coming in like a lion, setting a blistering pace for already frantic homebuyers who are willing to wave extra cash at any available house, a scenario where agents and brokers are working long hours to find new listings before rising interest…

In the nascent truck wars, Detroit won’t need tents. In the summer of 2018, when Tesla needed to quickly ramp up production at its Fremont, Calif., factory, the company erected a big top the size of two football fields in the parking lot. The strategy brought into stark relief the difficulty of…

Metrics are down across the board since Trump left office

A hangover from Trump-era tariff disputes could become even more painful for American whiskey distillers unless a trans-Atlantic trade fight ends soon

"It’s Nerf or nothing" just isn’t true anymore.

Numerous chemical plants were shut down as Texas lost power last month, disrupting a global supply chain for consumer goods.

Lumber prices in the US have risen sharply through 2020 and into 2021. Climate change and a beetle infestation from 20 years ago have a lot to do with it.

Pandemic has hit cosmetic sales hard, with dramatic shift away from makeup and towards skincare

Investors, who flocked to companies like Zoom as the virus spread, have started to look elsewhere.

As retailers like Urban Outfitters, Gap and Nordstrom prepare for customers to refresh their wardrobes, they continue to face congested ports.

COPENHAGEN, Denmark (AP) — Sales of Lego sets surged last year as more children stayed home during global pandemic lockdowns - and parents bought the colorful plastic brick toys to keep them...

Disney is the first traditional media company to nail streaming.

At $3.29 million, Unit 300 at 1529 Broadway St. in downtown Detroit is the most expensive condominium on the market in the city, raising a debate on whether its 24-foot ceilings and luxury amenities justify its eyebrow-raising price tag, especially when urban condos are slumping in an otherwise hot…

After the unprecedented winter storm in Texas and other states last month, automakers and suppliers could be slammed by yet another devastating parts shortage that could idle seating plants as early as next week. The blizzard halted the region's critical petrochemical plants, which could lead to…

You're reading that right. Three properties on the Detroit riverfront have been listed for sale for a combined $150 million. Owner Michael Shaya confirmed to me this morning that his properties at 265 Riopelle ($10 million), 600 Woodbridge ($60 million) and 1000 Woodbridge ($80 million) were not,…

U.S. mall values plunged an average 60% after appraisals in 2020, a sign of more pain to come for retail properties even as the economy emerges from pandemic-enforced lockdowns.About $4 billion in value was erased from 118 retail-anchored properties with commercial mortgage-backed securities debt…

A recent avocado shortage has sent the fruit's price soaring. Here's how local restaurants and chains like Chipotle, Dos Toros, and Qdoba are coping.

The action follows calls from bipartisan members of Congress and industry leaders warning about the potential consequences of the shortage.

U.S. home sales unexpectedly rose in January despite tight inventories boosting house prices.

AUSTIN, Texas (AP) — Southern cities slammed by winter storms that left millions without power for days have traded one crisis for another: Busted water pipes ruptured by record-low temperatures...

Largest U.S. supermarket chain says decision was "accelerated" by Seattle mandate of extra pay for grocery workers.

Economists have argued the merits of minimum wage hikes for years

The coronavirus pandemic has had a major impact in the travel industry.