DETROIT — A new federal tax break aimed at helping Americans afford new cars is now in effect—but for Michigan drivers, the fine print may come as a shock. The 2025 tax law allows buyers to deduct up to $10,000 a year in interest on auto loans, but only if the vehicle meets strict requirements—including
FARMINGTON HILLS - Modal Motors designs and manufactures electric propulsion systems using standard domestic materials. The Michigan-based company eliminates rare-earth magnets to lower costs and secure the supply chain without sacrificing quality, speed or torque. Explaining the company and its products on MITech TV is CEO Michael Van Steenburg. In this video interview he covers
COLUMBUS — Ohio voters are down to the final days to decide whether they will have a direct say in the future of the state’s cannabis law — or allow lawmakers to rewrite it. A citizen-led petition drive to challenge Senate Bill 56 (SB56) faces a hard deadline of March 19. If supporters fail to
ANN ARBOR - A sweeping federal voting proposal backed by President Donald Trump is setting off alarm bells in Michigan—not just over election security, but over whether the policy could unintentionally reshape the state’s political future. The legislation, known as the SAVE America Act, would require Americans to provide documentary proof of U.S. citizenship—such as
LANSING - Every March millions of Americans fill out NCAA tournament brackets… and most of them lose. Why? Because picking winners isn’t just about knowing basketball. It’s about strategy. That’s where SmartBracket comes in. SmartBracket is an AI-powered decision tool designed to help you build a smarter NCAA tournament bracket. Instead of guessing, the software
Special Report MITechNews Special Report: The Future of Employee Benefits Small businesses across Michigan are struggling with rising healthcare costs, employee turnover and growing pressure to offer better workplace benefits. In this special MITechNews series, we examine how employers are responding to these challenges — and the new strategies some companies are exploring to support
ANN ARBOR - Artificial intelligence may be quietly eliminating the first rung on the career ladder — and the impact could soon be felt across Michigan’s economy. A new national survey from Resume.org finds that 21 percent of companies have already stopped hiring entry-level workers because of AI, while 36 percent expect to stop hiring
LANSING - Michigan’s once booming cannabis industry is beginning to contract as the number of active marijuana business licenses declines and hundreds of previously issued licenses disappear from the market. Data from the Michigan Cannabis Regulatory Agency (CRA) shows that Michigan had about 2,171 active cannabis licenses by the end of 2025, covering growers, processors,
ANN ARBOR – Crude oil prices nearing $100 per barrel are pushing up gas prices, grocery costs, and household expenses across Michigan and the United States. While most consumers notice the impact first at the gas pump, economists say the real effect of higher oil prices spreads far beyond gasoline. From groceries to airline tickets
ANN ARBOR = Artificial intelligence is rapidly reshaping industries once thought immune to automation, and the U.S. real estate business could be among the first major professional sectors to feel the impact. For decades, home buyers and sellers have relied on real estate agents to access listings, negotiate deals, manage contracts, and navigate the complex
