Part 2 or a 2 part series on the national debt crisis. WASHINGTON DC - America’s national debt is approaching $39 trillion, and the federal government is now borrowing at a pace once associated only with wars, recessions and economic emergencies. But unlike previous crises, today’s trillion-dollar deficits are becoming permanent. The Congressional Budget Office
ANN ARBOR - Michigan’s economy could face mounting pressure later this summer as rising oil prices tied to the growing Middle East conflict begin spreading through the state’s three largest economic pillars — the auto industry, tourism and agriculture. Economists warn the full impact of the global energy shock may not hit consumers and businesses
WASHINGTON DC - Michigan drivers heading into the Memorial Day holiday weekend could soon face gasoline prices approaching $5 per gallon as the escalating Iran conflict rattles global oil markets and raises fears of prolonged supply disruptions through one of the world’s most important energy corridors. The national average price for regular gasoline has climbed
WASHINGTON DC - The United States national debt is rapidly approaching an almost unimaginable milestone: $39 trillion. The number is so enormous that economists, policymakers and ordinary Americans alike often struggle to truly grasp what it represents. A trillion dollars is not merely “a lot of money.” It is wealth on a scale that defies
COLUMBUS - An Ohio courtroom battle over hemp-derived cannabinoid products is highlighting a much larger national fight that increasingly mirrors what businesses in Michigan’s hemp and cannabis industries say they are already facing. At issue is Ohio Senate Bill 56, a law that sharply restricts hemp-derived THC products including gummies, beverages, tinctures and vape products
WASHINGTON DC — The Pentagon’s latest release of classified files involving Unidentified Anomalous Phenomena — better known to most Americans as UFOs — is reopening one of the most controversial mysteries in modern history. The newly released material includes military reports, pilot encounters, intelligence assessments and historical government records tied to unexplained aerial sightings dating
ANN ARBOR - In an age flooded with AI-generated content, authentic storytelling may be more valuable than ever For decades, veteran Michigan journalists Mike Brennan and Matt Roush have interviewed entrepreneurs, CEOs, engineers, innovators, investors, and policymakers shaping the future of business and technology. Now the longtime MITechTV co-hosts are launching a new venture designed
WASHINGTGON DC - A fast-growing fight in Washington over hemp-derived THC products is colliding with two massive industries—and Michigan is right in the middle. At stake is not just cannabis policy, but a shifting consumer market worth hundreds of billions of dollars, where alcohol, hemp, and marijuana companies are all competing for the same customer.
ANN ARBOR - Americans are now paying hundreds of millions of dollars more every single day just to fill their gas tanks—and a significant share of that money is flowing straight into the profits of global oil companies. Even before the latest price surge tied to tensions with Iran, the oil industry was already generating
ANN ARBOR - Michigan drivers are already feeling skyrocketing fuel prices at the pump—and it could get worse within days. Gas prices across the state have surged toward $5 per gallon, jumping nearly a dollar in just a couple of weeks. Now, a growing conflict involving Iran is raising the risk of another spike that
