recession

The good news is the city’s unemployment rate fell, down to 3.8 percent from last year’s 4.2 percent, Axios Detroit reported. To translate the percentage...

According to reports, the average U.S. corporation’s after-tax profit margin is around 16 percent. In traditional recessions, the rate drops down to single digits.    By...

*The August jobs report has been released and a 6-month trend of hiring above 200,000 was snapped. U.S. employers added just 142,000 jobs, the smallest gain in eight months. On the other hand, the Labor Department says the unemployment rate fell to 6.1 percent from 6.2 percent. But the rate dropped because fewer people were […]

By many accounts, the economy is prospering again and the housing market is on the road to recovery. But, reality is nowhere near...

According to the data found in a new report, “The Buying Power of Black America,” now may be the most opportune time ever...

To say that Barbara Garson has led an interesting life is to sell her short, but then, the 71-year-old investigative dynamo...

  When Debbie Bruister buys a gallon of milk at her local Kroger supermarket, she pays $3.69, up 70 centsfrom what she paid...

Breaking news about the economy, everybody: It still stinks. The good news? At least we're not in another recession. Some...