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DETROIT - As U.S.–Iran tensions escalate following weekend military strikes, energy markets are zeroing in on one strategic chokepoint: the Strait of Hormuz. Roughly 20% of the world’s seaborne oil supply passes through that narrow waterway between Iran and Oman. If Iran were to disrupt or temporarily shut down shipping lanes, even briefly, the impact
LANSING - Gov. Gretchen Whitmer’s final State of the State address was framed around literacy, housing and health care. On its surface, it sounded like social policy. For Michigan’s business community, it was something else entirely: an economic competitiveness blueprint. Whitmer did not roll out sweeping business tax cuts or headline-grabbing megaprojects. Instead, she zeroed
DETROIT - Michigan’s auto economy took a direct hit in 2025 as tariffs piled billions of dollars of costs onto Detroit automakers and their supply chains — pressure that can ripple into hiring, profit-sharing and investment decisions across a state packed with auto workers. Now the U.S. Supreme Court has struck down the legal authority
LANSING - The fate of Michigan’s long-running battle over the Line 5 oil pipeline moved to the nation’s highest court Tuesday, as the U.S. Supreme Court heard arguments in a procedural dispute that could determine where the legal fight over the controversial pipeline will unfold. At issue before the justices is not whether Line 5
SALINE - A Washtenaw County judge has rejected an effort by a Saline Township resident to intervene in the legal settlement that cleared the way for a massive, OpenAI-backed Saline data center in Saline Township, Michigan. The ruling preserves a consent judgment between the township and developer Related Digital, keeping one of Michigan’s largest proposed
WASHINGTON DC - The U.S. economy lost momentum at the end of 2025, expanding at a slower pace than economists expected and raising fresh questions about growth in 2026 — particularly for manufacturing-heavy states like Michigan. According to the U.S. Bureau of Economic Analysis, fourth-quarter gross domestic product (GDP) grew at an annualized rate of
WASHINGTON, D.C. — In a landmark 6–3 decision Friday, the U.S. Supreme Court ruled that former President Donald Trump’s sweeping tariff program was unconstitutional, concluding that the law he relied on — the International Emergency Economic Powers Act — does not actually give the president authority to impose broad import taxes without clear congressional approval.
GRAND RAPIDS — Grand Rapids–based Acrisure plans to eliminate approximately 400 positions, including about 200 in Michigan, as the global insurance and fintech firm deploys artificial intelligence systems to automate portions of its accounting operations, according to reporting by Crain’s Grand Rapids Business. Company officials have described the move as part of a broader technology
WASHINGTON DC - The cryptocurrency industry has moved from market disruptor to political heavyweight. Heading into the November 2026 midterm elections, crypto-aligned political action committees have assembled a campaign war chest estimated at more than $200 million, positioning the digital asset sector as one of the most aggressive new players in federal politics. The strategy
Michigan’s defense and aerospace sector supports 160,000 jobs. A new strategy aims to capture more federal and international investment. LANSING — When Gov. Gretchen Whitmer addressed global leaders at the Munich Security Conference this week, she wasn’t just participating in an international policy discussion. She was promoting one of Michigan’s most strategic economic engines: its
