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Wednesday, March 12, 2025Japan Fails to Secure U.S. Tariff Exemption; Negotiations to Continue at Working Level
Economy, Trade and Industry Minister Yoji Muto, right, shakes hands with U.S. Commerce Secretary Howard Lutnick in Washington on Monday. PHOTO: JAPAN ECONOMY, TRADE, AND INDUSTRY MINISTRY/THE JAPAN NEWSWASHINGTON – Economy, Trade and Industry Minister Yoji Muto said he has not received a commitment from the U.S. government to exempt Japan from the planned tariffs, following meetings with U.S. economic officials in Washington on Monday. Muto added that discussions would continue at the working
Friday, March 07, 2025Economy Hit an Air Pocket in January, Lowering 2025’s Growth Prospects
Monthly economic data disappointed in January, with declines in retail sales, auto sales, housing sales, and manufacturing production. A number of one-off drags weighed on the month: The LA wildfires, a bad flu season, and (likely having the largest impact) severe winter weather across much of the continental United States. Even as these headwinds faded in February, new drags appeared. The DOGE cuts to federal headcount and suspended payments for federal programs pushed up jobless claims, and will likely
Friday, March 07, 2025U.S. Delays Mexico, Canada Tariffs for 30 Days
Early Thursday, Commerce Secretary Howard Lutnick hinted that President Donald Trump was leaning toward delaying tariffs on Mexico and Canada. A few hours later, Trump proved he was at least half right. Trump on Thursday postponed the 25% tariffs – on most of the goods from Mexico – he imposed earlier in the week. The administration announced the 30-day pause amid fears of the economic fallout. At the same time, Lutnick said Canada may also get a reprieve, though no change was announced. Again, later
Thursday, March 06, 2025South Korea ups ante in chips, AI with US$34.4 policy financing
South Korea's acting President and Deputy Prime Minister Choi Sang-mok speaks during the 106th Independence Movement Day ceremony at Soongeui Women's University in Seoul on March 1, 2025. PHOTO: POOL/AFPSEOUL – The South Korean government has announced plans to establish a 50 trillion won ($34.4 billion) fund over the next five years to bolster strategic technology industries, including semiconductors, secondary batteries and artificial intelligence, amid intensifying global tech
Wednesday, March 05, 2025Automakers Get 30-Day Reprieve From Tariffs
Pause. Restart. Repeat. President Donald Trump is in that third stage, having said Wednesday he was granting a one-month extension on the tariffs he announced earlier this week on goods from Mexico and Canada. The exemption applies to U.S. automakers after Trump spoke with leaders of the Big Three automakers on Wednesday, White House press secretary Karoline Leavitt announced Wednesday. According to Leavitt, Trump told the automakers they “should get on (preparing for the tariffs), start investing,
Wednesday, February 26, 2025Gov. Whitmer Delivers 2025 State of the State Address
LANSING, Mich – Today, Governor Gretchen Whitmer delivered her 2025 State of the State Address in front of a joint session of the Michigan Legislature, where she focused on the importance of working with anyone to get things done for Michiganders. She laid out her plans to lower costs for Michigan families, create more good-paying Michigan jobs, and continue delivering results for Michigan taxpayers. The State of the State builds on her Road Ahead Address where, prior to President Trump’s inauguration, she
Monday, February 24, 2025SBA Administrator Loeffler Issues Memo on Day One Priorities Outlines how SBA will become an America First engine for free enterprise
WASHINGTON — Following her confirmation and swearing-in as the 28th Administrator of the U.S. Small Business Administration, Kelly Loeffler issued a Day One memo outlining her top priorities for the agency. “Small businesses are the backbone of our nation, driving innovation, job creation, and prosperity – and there’s no stronger advocate for small business than President Trump or myself. But over the last four years, the SBA has burdened entrepreneurs with bureaucracy – with its programs becoming mired
Thursday, February 20, 2025Economists See Reasons for Optimism for Solid Year
In putting together an economic forecast for any given year, economists have to figure out a wide range of factors, from inflation to interest rates to policy decisions. Figuring out how 2025 might go requires consideration of yet another factor: President Donald Trump. On the 2024 campaign trail, Trump talked about a number of economic issues – tariffs, tax cuts, deporting millions of illegal immigrants, deregulation – he might embrace, any of which could impact the U.S. economy. At press time, he had
Thursday, February 20, 2025Uncertainty Reigns as Mass Federal Layoffs Continue
The impact of mass layoffs of federal workers on the economy and the labor market is in flux as legal challenges continue against the Trump administration. A union representing federal workers has emphasized that 80% of its membership resides outside the D.C. metropolitan area, indicating the potential national implications of these layoffs. Targeted in these layoffs are probationary employees, often newly hired individuals or those recently transferred to a new federal agency position. Legal experts
Tuesday, January 21, 202588 Banh Mi and Bowl Expands with New Catering Menu
Warren, MI – Jan 20th, 2025 – 88 Banh Mi and Bowl, the beloved local eatery known for its authentic Vietnamese cuisine, is excited to announce the launch of its new catering menu. Designed to cater to a variety of events, from corporate meetings and office lunches to family gatherings and special occasions, the new menu offers a diverse selection of flavorful and customizable options.“We are thrilled to introduce our new catering menu to the community,” says Alice Nguyen, owner of 88 Banh Mi and Bowl. “We
Thursday, October 24, 2024Henry Ford Health: Destination Grand
Project Description Henry Ford Health’s vision for their “Destination: Grand” project is a major expansion of Henry Ford Hospital including a new state-of-the-art facility and patient tower across the street from the existing hospital. The project will advance 21st-century medicine, revitalize a critical community asset, and promote health equity. The new hospital facility will consist of a five-floor podium and a 15-story tower, with approximately 360 beds moving from the current campus. The tower will
