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
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
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
Proposal from Republican Bernie Moreno and Democrat Elizabeth Warren would eliminate the Social Security payroll tax cap, potentially affecting Michigan's highest-paid workers while protecting benefits for more than 2 million retirees. WASHINGTON DC — One of the biggest threats facing millions of retirees—including more than two million Michiganders who rely on Social Security—has prompted an
WASHINGTON DC - For much of the 20th century, the American Dream followed a familiar path. Graduate from school. Find a good job. Buy a home. Raise a family. Save for retirement. Leave your children better off than you were. It wasn't easy, and it wasn't equally available to every American. Baby Boomers faced recessions,
ANN ARBOR - As Americans prepare to celebrate the 250th anniversary of the Declaration of Independence, President Donald Trump's latest financial disclosure has renewed attention to one of the least understood provisions of the U.S. Constitution. The nearly 1,000-page disclosure reports more than $2 billion in business income during 2025 from cryptocurrency ventures, licensing agreements,
ANN ARBOR – If you're happy in your current job, Thursday's employment report probably isn't cause for alarm. If you're hoping for a raise, planning to switch employers, graduating from college or hiring workers for your business, it's a different story. The U.S. labor market isn't collapsing. It's becoming more competitive. At the same time,
ANN ARBOR — As millions of Americans prepare to hit the road for the Independence Day holiday, Michigan families are finding that filling the gas tank, paying the electric bill and covering other everyday expenses still costs significantly more than it did a year ago. A new report released Thursday by the Center for American
Independent review by the Citizens Research Council largely agrees with state regulators on why Michigan's electric rates remain high—but says policymakers should focus on lowering the cost per kilowatt-hour rather than average monthly bills. LANSING – Ask Michigan homeowners whether electricity has become more expensive and most won't hesitate with the answer. Absolutely. In one
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
