Economics

The COVID-19 pandemic and resulting economic contraction is hurting Michigan more than many other states, according to a new survey from Comerica Inc.Regional economists at the Dallas-based bank report that Michigan's GDP fell at an annualized rate of 41 percent in the second quarter. During the…

U.S. home builder confidence rose for a third straight month in August to match its highest level ever as record-low interest rates spur buyer traffic, data released on Monday showed in the latest indication the housing market is a rare bright spot in the economic crisis...

Between mid-March and the end of April, the number of unemployed rose quickly to 33 million in the U.S., while the unemployment rate jumped to almost 15%.

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Did you know that you can invite Yanely, the host of FinCap Friday, to your virtual classroom this fall? If you're interested in doing so, complete this form today! – – – With a new month upon us also comes a new responsibility! Well if you plan on attending college next year, that is. FAFSA is officially open and it requires students to complete it with tax information from their parent or guardian in order to unlock access to financial aid that will help pay for college.

Why do these things correlate? These 15 correlations will blow your mind. (Is this headline sensationalist enough for you to click on it yet?)

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The iconic motorcycle company is pulling out of India as it struggles to sell its two-wheelers.

Buyers are rushing to get more living space as the pandemic continues. But many potential sellers are keeping their homes off the market, resulting in the worst drought on record of previously owned homes for sale.

While the COVID-19 pandemic has negatively affected the bottom line of a variety of industries, the subscription-based business model has remained popular and profitable as shopping habits have changed."Obviously you've had people who in the past would have just worked 9 to 5, come home to eat…

Haunted houses have a new fear factor this season that is spooking operators just as much as patrons. As it does, the COVID-19 pandemic has dampened the Halloween spirit in Michigan, home to some 100 haunts and often dubbed the Halloween capital of the Midwest. At least a dozen major attractions…

A Michigan House committee passed a bill Thursday that would prevent electric vehicle manufacturers beyond Tesla from selling directly to consumers in the state, setting up a battle between franchised dealerships and EV startups over the direct-sales model. Michigan's House Bill 6233, which…

FT Trade Secrets writer Aime Williams goes on a mission to find toilet roll. The coronavirus outbreak has emptied supermarket shelves. But why can't manufacturers just divert the unused office paper?

Lockdowns put the brakes on production in Asia while boosting bicycle demand for use in exercise and commuting.

Dumbbells and free weights have been hard to find amid the COVID-19 pandemic, but you can still buy them online at Amazon, Walmart, and more.

The COVID-19 pandemic shook the lodging industry particularly hard, and turned many hotel businesses upside down. But, like a shaken snow globe, the...

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Weekly tallies of jobless claims were not meant to be treated as an economic indicator. The pandemic has exposed the shortcomings of doing so.

The trend is on track to exacerbate dramatic wealth and income gaps in the U.S., where divides are already wider than any other nation in the G-7.