In 1940, a white developer wanted to build a neighborhood in Detroit. 

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General Motors this week will announce plans to invest at least $1 billion across several U.S. factories, two people familiar with the plan said.

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<p>General Motors Co. will invest $1 billion in U.S. plants as part of a previously announced factory retooling for future models, a person familiar with the matter said, as President-elect Donald Trump pressures carmakers to boost spending and hiring.</p>

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It is far too early to render final judgment on the Obama presidency. All the chatter about his “legacy” overlooks two obvious realities. The significance of Obama will depend heavily on events that have not yet happened (for starters, the fate of the Iranian nuclear deal) and comparisons, for better or worse, with his successor. Still, it’s possible to make some tentative observations.
As I’ve written before, the administration’s greatest achievement was, in its first year, stabilizing a collapsing economy and arguably avoiding a second Great Depression. Even now, only eight years after the…

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Free trade suffered a series of setbacks in 2016. For the first time in decades, Democrats and Republicans aligned in opposition to liberalization. Public opinion also began to shift. Support for free trade fell to historic lows among Republican voters.
How will these developments affect free trade moving forward?
All signs point toward another tough year. But free trade’s opponents should not cheer too loudly. Their main targetAmerica’s trade agreementsplay a vital role in regulating global markets. In an uncertain global economy, these regulations are needed more than ever.
In the…

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A parade of news stories tell Americans they face a crisis of insufficient retirement saving, with retirement savings gaps in the trillions of dollars. Many commentators look back fondly on the days of traditional defined benefit pensions, lamenting the shift to 401(k) and IRA plans. Some advocates propose big changes to our retirement system, such as expanding Social Security, repealing tax preferences for 401(k)s, and setting up retirement plans run by state governments.
But heres the reality: in our 401(k) world, more Americans are saving larger amounts for retirement than…

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Baby boomers’ mandatory withdrawals from 401(k)s, IRAs and other tax-deferred retirement accounts start in full force this year.&nbsp;

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IHS Markit chief economist says protectionism biggest threat to global economy

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<p>Yet another hurdle may be geographic.</p>

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The New York Police Department says the security bill to protect President-elect Donald Trump in his Manhattan high-rise through Inauguration Day is "unprecedented."

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Domino’s Pizza is giving away stock to rewards program members for a year, but experts say it will have little effect on overall customer loyalty.

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As income stagnates, people are struggling to put money aside.

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More than half of American workers — roughly 55 million — don't have access to a retirement savings plan on the job. Here's a potential fix.

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A bank spokesman said it rejected the image because company policy “prohibits political and trademarked or copyrighted images."

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As income stagnates, people are struggling to put money aside.

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