Michigan economy

Michigan Schools Face Funding Crisis as $42 Million Cut

News Summary Michigan schools are reeling from the loss of nearly $42 million in federal education funding, impacting over two…

4 weeks ago

Michigan’s Unemployment Rate Rises Sharply

News Summary Michigan is experiencing the highest increase in unemployment rates in the nation, rising from 5.3% to 5.4%. This…

1 month ago

Consumer Sentiment Drops Alarmingly in March

News Summary Consumer sentiment in the U.S. has taken a significant hit, with Detroit reporting a 11.9% decrease in the…

1 month ago

Michigan Residents Face April Rate Hike from Consumers Energy

News Summary Residents served by Consumers Energy in Michigan will see a rate hike of nearly $154 million approved by…

1 month ago

Gas Prices Soar in Michigan, But Relief is on the Way!

News Summary Gas prices in Michigan have hit a 2025 high, reaching $3.19 per gallon over the weekend before slightly…

1 month ago

Kalamazoo Welcomes New Manufacturing Jobs

News Summary Governor Gretchen Whitmer has announced over $23 million in state funding for three counties in Michigan to expand…

1 month ago

Detroit Homeowner Wealth Surges by $700 Million in 2023

News Summary Homeowners in Detroit have gained an incredible $700 million in wealth this year, continuing a decade-long trend that…

1 month ago

Michigan Customers Face New Electricity Rate Hike

News Summary Michigan residents will see a 2.8% increase in electricity rates as Consumers Energy receives approval for a $154…

1 month ago

Michigan Residents Brace for Electric Rate Hike

News Summary Michigan residents are preparing for an increase in their electric bills, beginning April 4, as the Michigan Public…

1 month ago