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Economy

Demystifying global markets and personal finance. Get practical insights on inflation, budgeting, and wealth-building to navigate today’s financial landscape with confidence.

Michigan Built A $3 Billion Cannabis Industry – Now Comes The Hard Part

Michigan's cannabis market has matured into one of the nation's largest. Now businesses are battling shrinking margins, relentless discounts and higher taxes in the fight for survival. LANSING - Michigan's legal cannabis industry has become one of the state's biggest economic success stories. Adult-use marijuana sales reached approximately $3.17 billion in 2025, making Michigan one

By |2026-07-30T11:48:14-04:00July 30th, 2026|Economy, Marijuana Business, News|
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Michigan CEOs Turn More Cautious on Economy, But Continue Investing and Hiring

DETROIT — Michigan's largest employers are growing more cautious about the economy, but they're not yet hitting the brakes on hiring, capital investments or their long-term commitment to the state. A new second-quarter survey from Business Leaders For Michigan found CEO optimism declined sharply compared with the previous quarter as executives weighed continuing uncertainty surrounding

By |2026-07-15T12:18:01-04:00July 14th, 2026|Economy, News|
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Michigan Keeps Creating Great Ideas. Why Do So Many Startups Leave?

New Innovation Alliance hopes to turn more Michigan inventions into Michigan companies—and keep billions of dollars in future value from leaving the state. LANSING - For decades, Michigan has been one of America's great innovation engines. The state is home to world-class research universities, global automotive and manufacturing companies, a growing artificial intelligence sector, and

By |2026-07-10T12:11:04-04:00July 10th, 2026|Economy, Entrepreneur, Entrepreneurs, Government/Politics, News, Politics, Politics/Government|
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The Risk Is Back: Renewed Middle East Fighting Threatens Michigan Drivers, Auto Industry

ANN ARBOR — Michigan drivers may not feel it immediately, but the latest flare-up in Middle East fighting has once again put gasoline prices—and much of Michigan's economy—on an upward path. Oil prices jumped this week after renewed fighting between the United States and Iran reignited concerns that shipping through the Strait of Hormuz, one

By |2026-07-09T14:57:20-04:00July 9th, 2026|Economy, News|
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Manufacturing Leads Michigan’s Economy Higher as West Michigan Posts Best Performance in Five Years

GRAND RAPIDS - While headlines over the past several months have focused on tariffs, inflation and geopolitical uncertainty, one of Michigan's most closely watched manufacturing indicators is telling a more optimistic story. The latest Purchasing Managers Index from Grand Valley State University's Seidman College of Business shows West Michigan manufacturers enjoyed their strongest month in

By |2026-07-09T14:49:01-04:00July 9th, 2026|Economy, News|
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