Economics

The new year brings another round of increases, nearly a decade after workers started campaigning for higher pay.

The markets were volatile but offered great opportunity in 2020. See how every asset class, currency, and S&P 500 sector performed last year.

The old factory town of Kalamazoo has become a center for COVID-19 vaccine manufacturing. That may help the area's economy turn a corner after some tough years.The southwest Michigan city of Kalamazoo, ranked highest in this year's Bloomberg Brain Drain Index of population loss of top talent, has…

Answer: $3 billion Questions: Why do you think that the balance on unused gift cards is in the billions? What strategies can a consumer use to make sure that they don't lose track of their gift cards? Would knowing that many people don’t use gift cards affect your gift-giving habits (i.e., would you decide not to give gift cards anymore since you’d be afraid it would never be used?) Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom.   Behind the numbers (CBS News): "A prepaid gift card may be a popular holiday present, wit...

You know how important parents are when it comes to your students' financial education. Our NEW! customizable parent newsletters provide the perfect way for you to share with parents what their child is learning in your classroom. Thanks to all the educators who contributed their ideas!

Royal Oak-based WaitTime is expanding its business with Cisco as the global IT giant gears up to help sports arenas and entertainment venues reopen to the public amid the pandemic.

Downtown businesses get some help for the long winter.

The United States' trade deficit surged to its highest level in more than 14 years in November as businesses boosted imports to replenish inventories, offsetting a rise in exports.

But only three will provide a “living wage”

The dollar figure that the federal financial aid form spits out has long left families confused and despondent. And then there are those great expectations.

Many gave drivers a break in the spring. With accident claims remaining below normal, consumer advocates are calling for another one.

Mortgage rates fell to another record low last week.

The combined deficit for goods and services was $68.1 billion, while the deficit for goods alone was a record $86.4 billion.

Juggling too many activities wastes time and energy, so shelve at least some for those life goals (for now).

President Joe Biden campaigned on a promise to raise taxes on wealthy Americans and corporations. His core tax proposals will increase taxes on people earning more than $400,000 per year and raise corporations’ tax rates from 21% to 28%. And although his tax plan will impact the bottom line of th

For nearly two years, Detroit has had an excess of condominiums for sale on the market. To developers, that means an added challenge in an already tough building climate plagued with long-rising construction costs eating into profit margins — not to mention economic upheaval caused by a…

In this fascinating modern history of U.S. trade wars, we show the most interesting conflicts affecting U.S. trade in the last century.

The former Art Van Furniture headquarters property in Warren has been listed for sale for $65 million. That's an eye-catching number because just a few weeks before, its new tenant, Loves Furniture Inc., filed for Chapter 11 federal bankruptcy protection, the property was listed for $53.9 million…

Which car brand will be the first in the race to reach $1 trillion? We take a look at the world’s top car manufacturers by market cap.

Discover the 25 highest-paying jobs in the United States for 2019, based on the most recent Bureau of Labor Statistics data.

Ford has ordered a month-long production halt at one of its plants in Germany, the latest sign that a global shortage of computer chips is putting carmakers under increasing pressure and threatening their recovery from the pandemic.

Once you know your score, you can take the right steps to raise it.