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Tuesday, July 08, 2025One Big Beautiful Bill Act Likely Adds $3T+ to Federal Deficit
The Congressional Budget Office warns that the One Big Beautiful Bill Act will increase the federal deficit by $3.8 trillion by 2034. // Stock photo Republicans and Democrats have been arguing for months about the pros and cons of President Donald Trump’s One Big Beautiful Bill Act (OBBB), signed into law on July 4 after squeaking through Congress. One aspect of the legislation that no one seems to quibble about, except the White House, is its effect on the national debt. Back in May, the Congressional
Tuesday, July 08, 2025Trump Signs Law Impacting Business, Students, Others
When the U.S. Senate approved a different version of President Donald Trump’s “big, beautiful bill” than the one the U.S. House sent over, there was some question of what kind of pushback House members might have against Senate changes. Turns out there was very little. After a couple of marathon sessions, the House approved the bill largely along party lines (two Republicans voted against it) and Trump signed it into law on the Fourth of July. Since then, the focus has been on what’s actually in the
Friday, June 27, 2025Americans Soured on U.S. Economy in June
The rise in how Americans view the U.S. economy didn’t last long. According to the Conference Board, the way Americans see the economy dropped in June, one month after a slight uptick that happened in May. The Conference Board said Tuesday that its consumer confidence index slid to 93 in June, down 5.4 points from 98.4 last month. Consumer confidence is at its lowest level since the Covid pandemic hit the U.S. in March 2020. The regression surprised economists, who had expected a small uptick this month,
Sunday, June 22, 2025Retail Sales Drop as Consumers Pull Back on Spending
Earlier in the year, American consumers were spending money more freely in an attempt to be ready for sweeping tariffs being put in place by the White House. Not so much recently, as figures released by the Commerce Department this week show. Consumers pulled back from that kind of spending last month, precipitating a 0.9% dropped in sales at retail stores and restaurants, after seeing a 0.1% drop in April, both of which came after a 1.5% increase in March. The May numbers were affected by a steep drop
Friday, June 20, 2025Ford Launches New Philanthropic Effort to Help Nonprofits
Ford Motor Company launched a new philanthropic initiative company officials said will meet the “rapidly evolving” needs of local communities in an effort they say continues a 122-year effort to stand with communities through good and bad times. In a statement posted to the company’s website, officials announced “Ford Building Together,” which increases volunteer hours and provides some $7 million in grants to nonprofits from its philanthropic arm. “Across the country, we hear from our Ford dealers,
Friday, June 20, 2025Fed Leaves Key Interest Rate Unchanged
Despite pressure from the White House to cut interest rates, Federal Reserve officials decided again to leave rates where they are for now, while indicating at least a couple of cuts could be coming later this year. For the fourth straight meeting, the Fed kept its key rate unchanged, but said despite expectations that inflation will rise, they’re still thinking the rate will be cut twice by the end of the year, acknowledging in their report the U.S. economy is growing at “a solid pace.” It’s the same
Tuesday, June 17, 2025DOJ's Civil Division Targets DEI Programs, Gender-Related Health Care and Immigration
DOJ Announces Aggressive Use of Civil Enforcement Tools to Promote Administration Policies Following leadership changes at the Department of Justice’s (DOJ) Civil Division, Brett Shumate, recently confirmed as the assistant attorney general, issued a memorandum directing DOJ attorneys to “use [their] enforcement authorities to advance the administration’s policy objectives” (the “Civil Enforcement Memo”). The June 11 Civil Enforcement Memo — which follows an earlier Criminal Division enforcement memo —
Monday, June 16, 2025Honoring World Refugee Day
In recognition of the strength, resilience, and invaluable contributions of refugees in our communities, we are pleased to share the State of Michigan’s official proclamation in honor of June 20th, World Refugee Day. This is a powerful affirmation of Michigan’s ongoing commitment to being a place of welcome and opportunity for all, and highlights the social, cultural, and economic impact refugees make across our state. This year, World Refugee Day focuses on Solidarity With Refugees. As partners in this
Thursday, June 12, 2025Little Caesars in Detroit Expands to India, Opens First Store in Delhi NCR
Little Caesars is expanding to Delhi NCR, India, marking its 30th country of operation. // Photo courtesy of Little Caesars Little Caesars in Detroit is expanding to India, marking its 30th country of operation. The first location is set to open this month in a “premium location” in Delhi NCR. The company’s entry into India reflects the brand’s ongoing commitment to global growth. The new restaurant in Delhi NCR will be joined by additional locations. “Our mission has always been to offer delicious,
Thursday, June 12, 2025Welcome to the MI Hub for Manufacturers
Welcome to the MI Hub for Manufacturers We're here to help you on your manufacturing business journey! From capital to expert advisors, find what you need to grow, adapt, and thrive—all in one place and free to use.Create Your Account Support & Resources We strive to help Michigan-based manufacturers grow and adapt to industry shifts by providing access to business advising, responsible funding, events and courses, and a wide range of partner resources and programs. Funding Apply for responsible
Wednesday, June 11, 2025APACC Welcomes Michelle Maki as New Special Events Manager
APACC is pleased to welcome Michelle Maki as our new Special Events Manager, beginning June 2, 2025. This strategic addition comes as part of the organization's continued growth and commitment to delivering exceptional experiences for APACC members, the AAPI business community, and Michigan's economy. Michelle brings with her an impressive 20+ year track record in event planning, project management, and member services across diverse industries. Having successfully managed everything from intimate board
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Tuesday, June 10, 2025GM to invest $4 billion in its U.S. manufacturing plants
General Motors today announced plans to invest about $4 billion over the next two years in its domestic manufacturing plants to increase U.S. production of both gas and electric vehicles. The new investment will give GM the ability to assemble more than two million vehicles per year in the U.S. This announcement comes on the heels of the company’s recently announced plan to invest $888 million in the Tonawanda Propulsion plant near Buffalo, New York to support GM’s next-generation V-8 engine. Plants in
