ANN ARBOR – Michigan drivers are finally getting some relief at the gas pump, with the average price of regular gasoline falling about 45 cents over the past month to roughly $4.18 a gallon. But just as consumers are starting to save money every time they fill up, a new federal inflation report delivered the
ANN ARBOR – A typical Michigan household could pay up to $3,000 more this year for everyday expenses, making everything from grocery shopping and utility bills to summer vacations significantly more expensive as inflation surged to its highest level in three years. New federal data released Wednesday showed consumer prices rising 4.2 percent over the
DETROIT - Michigan drivers already angry over rising gasoline prices may not have seen the worst yet. That blunt warning comes as global energy executives, oil traders, economists, and shipping companies increasingly focus on one narrow waterway half a world away: the Strait of Hormuz. The concern intensified after ExxonMobil CEO Darren Woods warned that
