Mayor Mike Duggan on Monday proposed the city appropriate its surplus to create a new $42-million reserve fund.

An appeals court has ruled that Lisa Cook can remain a Federal Reserve governor, rebuffing President Donald Trump’s efforts ...

The Federal Reserve is facing economic uncertainty and political pressure as it meets this week to decide whether to cut ...

U.S. District Judge Jia Cobb on Sept. 9 ruled that Cook could remain on the job as her case proceeded, saying that Trump’s attempt to oust her likely violated the law. The appeals court decision ...

Sunday’s filing is the latest step in an unprecedented effort by the White House to shape the historically independent Fed.

Duggan’s call for a new reserve fund comes as the three-term mayor is in his final four months in office and running for governor, and about six weeks before Detroiters will elect a new mayor: either ...

The Federal Trade Commission is investigating whether Amazon and Google misled advertisers about pricing and terms for online ...

For the 11th straight year, the city of Detroit is set to see a budget surplus. Mayor Mike Duggan announced Monday a projected $60 million surplus for fiscal year 2024-2025, which wrapped up in June.

U.S. District Judge Jia Cobb late Tuesday granted Cook’s request for a preliminary injunction blocking her firing and ruled ...

The DOJ has reportedly opened a criminal mortgage fraud probe into Federal Reserve Governor Lisa Cook, whom Trump has been ...

A Michigan credit union is offering a mortgage rate sale for a limited time. But what's next for interest rates and the ...