How does ‘pausing’ federal funding for school meals for disadvantaged children or programming for special needs children make America great again?” the superintendent posted on social media.

The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's inauguration.

The Fed is nearly certain to keep its key interest rate unchanged at its policy meeting this week, just a few days after Trump said he would soon demand lower rates.

Now, once-mighty Detroit itself really has filed for Chapter 9 federal bankruptcy protection. There will be casualties from the filing — either the city's creditors will take a big haircut on ...

DETROIT (WXYZ) — A man was arrested after firing gunshots in front of the Patrick V. McNamara Federal Building in downtown Detroit on Tuesday. The incident happened ...

This story incorporates reporting from Detroit News, The Wall Street Journal on MSN.com and Reuters.The U.S. dollar may strengthen as market analysts suggest that tariff risks are unlikely to alter the Federal Reserve’s current policy direction.

U.S. stocks are mostly rising following a rush of profit reports from some of the country’s most influential companies.

The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.

The federal funding memo's reversal comes after the original move caused chaos and confusion across the country, including in Michigan.

Chairman Jerome Powell said the central bank is in wait-and-see mode amid mostly positive U.S. economic conditions.

Global shares rose as investors digested earnings from Microsoft and Meta in the wake of this week's rout in technology stocks, while the dollar was steady against most other currencies after the Federal Reserve left rates unchanged.