City Detroit Financial News

Dick Jauron is one of the most popular head coaches in the world of NFL, and now as the Super Bowl 2025 kicks off, there is one sad news that has crippled fans. It is the death of Buffalo Bills former head coach Dick Jauron, that has sent a sense of shockwave among NFL fans.

Federal Reserve officials on Wednesday pointed to the large policy uncertainty around tariffs and other issues arising from the early days of President Donald Trump's administration as among the top challenges in figuring out where to take U.S. monetary policy in the months ahead. Chicago Fed President Austan Goolsbee warned that ignoring the potential inflationary impact of tariffs would be a mistake, whereas Richmond Fed President Thomas Barkin said it remains impossible at this early stage to know where cost increases from any tariffs might be absorbed or passed along to consumers. The views of the two U.S. central bankers were emblematic of the cautious approach Fed officials are angling to take in deciding whether to resume interest rate cuts later this year or continue to keep them on hold. The Fed left its benchmark interest rate unchanged last week in the 4.25%-4.50% range after cutting it at three straight meetings to close out 2024. The U.S. economy is strong, the labor market is «plausibly» at full employment, and inflation has come down and is approaching the Fed's 2% goal, Goolsbee said in remarks prepared for delivery to the Chicago Fed's annual auto symposium in Detroit.

The U.S. stock market was rocked as President Donald Trump kicked off a possible a global trade war. Shares of companies spanning the auto, industrial, retail and beverage industries with international supply chains were hit particularly hard.

Pete Buttigieg is reportedly giving a “serious look” at contesting the Senate seat for Michigan, which is set to become vacant following the retirement of incumbent Senator Gary Peters, stated Axios, citing sources, on Tuesday. This development came hours after a surprise announcement by the 66-year-old serving Senator, who revealed that he would not seek re-election next year.

NFL has stamped its presence on Saturdays but returns to Sundays now as there are only two Conference Championship games remaining. On 26 January, both the NFC and AFC will get their representatives for Super Bowl 59 as the NFC title will be between Philadelphia Eagles and Washington Commanders, and the Kansas City Chiefs will fight it out for the AFC title against the Buffalo Bills.

The W

Michigan Governor Gretchen Whitmer on Wednesday warned that potential 25 per cent tariffs on imports from Mexico and Canada suggested by President-elect Donald Trump could harm the US auto sector, boost vehicle prices and benefit China, as per a report.

It no longer sounds like a joke.

Natalya Neidhart wrote on X, formerly known as Twitter.The first pic is of Sweet Daddy Siki as the North American heavyweight champion working for my grandfather in 1970. The other shots are from more work he did for my grandfather Stu’s promotion, Stampede Wrestling.

Amazon Prime Video’s “Thursday Night Football” package averaged 13.22 million viewers, a 13% increase over last season

NFL Pro Bowl rosters have been announced, highlighting the league's top talent. The Baltimore Ravens lead with nine selections, followed by the Detroit Lions with seven, and the Minnesota Vikings with six. Notably, the New York Jets, Miami Dolphins, Tennessee Titans, and New Orleans Saints have no players represented. However, the most surprising aspect of this year’s selection is the absence of standout quarterbacks like Patrick Mahomes and Baker Mayfield.

Tesla’s global annual sales fell for the first time in at least 9 years, with a 2.3% increase in the final quarter not enough to overcome a sluggish start to 2024

Here are a few takeaways on electric vehicles in 2024: As of November, the global EV market grew by 25% year-over-year

Teddy Bridgewater is making a surprising return to the NFL, rejoining the Detroit Lions after a brief retirement. Lions head coach Dan Campbell confirmed the news on Thursday, highlighting the veteran quarterback’s professionalism and experience as key reasons for his return. Bridgewater, 32, last played for the Lions in 2023 and had recently been coaching high school football, where he led Miami Northwestern to a state championship in his first season.

Jennifer Lopez was involved in Diddy's $400 million sexual assault case against a male prisoner. According to In Touch, the male prisoner who is suing Diddy for alleged sexual assault in 1997 disclosed that he intends to call Jennifer Lopez, the entertainer's ex-girlfriend, as a witness in the case. In recent court filings that In Touch was able to obtain, Derrick Lee Cardello-Smith, filed a lawsuit against Diddy alleging the mogul had beaten him at a Detroit Holiday Inn named Jennifer, as quoted in a report by In Touch. Derrick, who is presently a prisoner at the Michigan Department of Corrections, stated that he intends to provide testimony regarding the case's facts by calling Jennifer Lynn Lopez, aka Jenny from the Block.

Nuna Baby Essentials is recalling nearly 609,000 child car seats because the harness adjuster can loosen and the seats may not restrain children

U.S. safety regulators have backed away from seeking a recall of nearly 50 million air bag inflators

Global battery maker CATL says it will expand its electric vehicle battery swapping in China in 2025