The confidence Americans have in the U.S. economy has been dropping the last few months, though it has basically stayed in the same range. The Conference Board said earlier this week that its consumer confidence index dropped 1.3 points to 97.4 this month. That’s down from July’s 98.7, but in the same narrow range of […]| Corp! Magazine
If updated figures from the Commerce Department are correct, the U.S. economy had a little bit better second-quarter than initially reported. In an upgrade from its first estimate, the Commerce Department said Thursday that U.S. gross domestic product — the nation’s output of goods and services — expanded at a 3.3% annual pace from April […]| Corp! Magazine
Shoppers waiting for low-value packages from outside the United States are about to have to pay more for them. Those low-value imports no longer have duty-free status as of Friday, thanks to an executive order President Donald Trump signed last month. That order eliminates a widely-used customs exemption for international shipments worth $800 or less. […]| Corp! Magazine
Job growth downshifted in mid-2025, with payrolls registering a sluggish 35,000 monthly increase between May and July. The job market will likely look even weaker when the Preliminary Benchmark Revision of payrolls is published Sept. 9. This revision will use data sourced from the Quarterly Census of Employment and Wages to revise the payrolls data […]| Corp! Magazine
If unemployment application statistics are any indication, U.S. companies are hanging onto their workers. Fewer Americans sought unemployment assistance last week as applications for unemployment benefits for the week ending Aug. 23 fell to 229,000, according to statistics released Thursday by the Labor Department. That’s 5,000 fewer than the previous week. Weekly applications for jobless […]| Corp! Magazine
Pewabic Pottery, a 501(c)(3) nonprofit organization ceramics center, working pottery, and educational facility on Detroit’s east side, has begun a search for a new executive director. Current executive director Steve McBride, who has guided the Pottery for more than a decade, is retiring for health reasons. His last day is Sept. 30. “Pewabic Pottery has been an […]| Corp! Magazine
Michigan’s economic development strategy could be much stronger if it prioritized supporting local businesses. While the state is quick to offer incentives to attract large, out-of-state companies, Michigan-based firms—especially small and medium-sized businesses—continue to face systematic barriers when competing for state contracts and accessing incentives. The current rules unintentionally put our homegrown businesses at a […]| Corp! Magazine
The changing tariff landscape, and the uncertainty of tariff impacts that comes with it, has automotive suppliers waiting to fill open jobs.| Corp! Magazine
Experts say burgeoning cyber security challenges make it more likely the U.S. could face threats within its own borders.| Corp! Magazine
The August primary whittled the race for Detroit mayor down to City Council President Mary Sheffield and Solomon Kinloch, pastor at Triumph Church.| Corp! Magazine
DETROIT, Mich. – Butzel is expanding its immigration practice with the addition of Christopher J. Ammori, a Senior Attorney based in the firm’s Detroit office. He helps businesses navigate growth, compliance, and global talent mobility with a strategic and pragmatic approach. Ammori’s practice focuses on complex corporate immigration matters. He regularly advises foreign and domestic […]| www.corpmagazine.com
Despite heavy pressure from the White House, Federal Reserve officials decided against a rate cut at its Wednesday meeting.| www.corpmagazine.com
The Ground Vehicle Systems symposium is the largest event of its kind in the nation, organizers say.| www.corpmagazine.com
West Michigan's top business leaders were on hand to be honored as the Best and Brightest companies in the region, and to offer advice on how to reach that level of success.| www.corpmagazine.com
They needed a tie-breaking vote from Vice President J.D. Vance to do it, but U.S. Senators approved the| www.corpmagazine.com
The DTE board named Joi Harris to become CEO, replacing Jerry Norcia, who was elected executive chairman of the board.| www.corpmagazine.com
Generative AI isn't just kept in the back room of tech giants anymore. It has rocketed to center stage in the business world.| www.corpmagazine.com
DETROIT – Better Made Snack Foods turns 95 on Aug. 1. Still made fresh daily in Detroit at 10148 Gratiot Avenue and still family owned, Better Made has grown into one of Michigan’s best-known iconic brand names of all time. Part of Better Made’s success is the regular development and release of delicious new products […]| www.corpmagazine.com
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 […]| www.corpmagazine.com
Apple announced a new commitment of 500 million with MP Materials, the only fully integrated rare earth producer in the United States, a multi-year deal that commits Apple to buying American-made rare earth magnets developed at MP Materials’ flagship Independence facility in Fort Worth, Texas. The two companies will also work together to establish a […]| www.corpmagazine.com
President Trump signed his big, beautiful bill into law. Now the focus shifts to who is impacted.| www.corpmagazine.com
With immigration enforcement activity on the rise, experts say business leaders should establish a plan in the event of an ICE raid.| www.corpmagazine.com
Corp! Magazine is a nationwide business publication dedicated to business owners, C-Suite, and executives leaders.| www.corpmagazine.com
LANSING, Mich. — Governor Gretchen Whitmer announced the appointments of Judge Aliyah Sabree and Nicole Castka to the Third Circuit Court in Wayne County. “Today, I am proud to appoint Judge Sabree and Castka to the bench,” Whitmer said. “Both of these skilled legal professionals bring years of experience to their new roles, where I […]| www.corpmagazine.com
STEP Names Nouran Zohdy as New Chief Financial Officer| www.corpmagazine.com
A solid exit strategy can be a blueprint for preserving your business' legacy.| www.corpmagazine.com
WARSAW, Ind. – Autocam Medical, a global leader in precision-machined medical devices, announced plans to construct a 100,000-square-foot, state-of-the-art manufacturing facility in Warsaw, Ind. This expansion strengthens the company’s long-term commitment to high-tech job creation, technical innovation, and deep partnership with the City of Warsaw, commonly known as the “Orthopedic Capital of the World.” Construction […]| www.corpmagazine.com
A key gauge showed inflation slowing slightly ahead of potential impacts from U.S. tariff policy.| www.corpmagazine.com
TROY, Mich. – Rehmann, a fully integrated professional advisory firm, welcomed Mandy Chardoul as a Principal of Advisory and Tax Services. She will work out of the firm’s Grand Rapidsoffice. Chardoul is a strategic advisor with over 20 years of experience guiding ultra-high-net-worth families through the complexities of wealth, planning and legacy. She specializes in […]| www.corpmagazine.com
State Pauses Plans For I-375 Boulevard Project| www.corpmagazine.com
The U.S. economy did something it hadn’t done in three years in the first quarter: Shrink. The U.S. economy shrank at a 0.3% annual pace from January through March, The Associated Press reported. The first drop in three years was spurred by a surge in imports as companies in the United States tried to bring […]| www.corpmagazine.com
U.S. applications for jobless benefits have stayed in the same basic range for months, but that doesn’t mean there haven’t been fluctuations. According to the Labor Department, applications for unemployment assistance bumped up last week to their highest level in two months. Statistics released by the government this week showed jobless claim applications jumped to […]| www.corpmagazine.com
Federal Reserve Chair Jerome Powell told the Economic Club of Chicago that the central bank has to keep in mind the effect sweeping tariffs being imposed by President Donald Trump don’t ignite an inflation rate that has been mostly dropping. In the text of the speech, according to Bloomberg, Powell said policymakers would continue balancing […]| www.corpmagazine.com
Some of the biggest auto industry trade groups signed onto a letter asking the Trump administration for relief from tariffs on auto parts.| www.corpmagazine.com
Most businesses are taking a 'wait and see' attitude on the effects of impending tariffs before charting a financial course.| www.corpmagazine.com
The U.S. jobs market shrugged off the effects of federal government layoffs and the impact of new tariff policy and posted a better-than-expected gain last month. The Labor Department announced Friday the U.S. economy added 228,000 jobs in March. Published reports said economists had expected some 140,000 to be added. The unemployment rate rose slightly, […]| www.corpmagazine.com
Gov. Gretchen Whitmer talked about road conditions and called for more certainty in U.S. economic policy in a speech to the Detroit Economic Club.| www.corpmagazine.com
DETROIT – Kerr, Russell and Weber PLC and Barris, Sott, Denn & Driker PLLC, two long-standing Detroit-based law firms, announced that they combined operations effective April 1. The resulting firm will have more than 60 attorneys working in Kerr Russell’s Detroit office at 500 Woodward Avenue, with enhanced capabilities in areas including real estate, corporate […]| www.corpmagazine.com
