Tariff Policies Raising Expenses for Small Businesses
The cost of doing business is becoming particularly expensive for many small business owners who don’t have the volume of business that can help overcome margin challenges caused by increased expenses from tariffs. Some entrepreneurs have been forced to raise their prices to reflect their additional expenses, causing a trickle-down effect that impacts consumers. A majority of the women’s clothing and accessories carried by Detroit-based retailer The Peacock Room are made overseas, so the impact of tariffs
Fifth Third Bank Acquires Comerica in $10.9 Billion Deal
CINCINNATI and DALLAS — Fifth Third Bancorp and Comerica Incorporated announced that they have entered into a definitive merger agreement under which Fifth Third will acquire Comerica in an all-stock transaction valued at $10.9 billion. Under the terms of the agreement, Comerica’s stockholders will receive 1.8663 Fifth Third shares for each Comerica share, representing $82.88 per share as of Fifth Third’s closing stock price on October 3, 2025, and a 20% premium to Comerica’s 10-day volume-weighted average
