LANSING - Michigan company says its new AI platform can help Tier 2 automotive suppliers and other manufacturers accomplish more with existing employees by securely connecting artificial intelligence to real business data instead of relying on educated guesses. Artificial intelligence has become remarkably good at answering questions, writing reports and generating computer code. But inside
ANN ARBOR — President Donald Trump's decision to reopen the North American trade agreement with Canada and Mexico could eventually affect the prices Michigan consumers pay for automobiles, appliances and other everyday goods, while creating new uncertainty for the state's manufacturing economy. The Trump administration announced this week that it will not renew the current
GRAND RAPIDS – Michigan's economy continues to expand, but new data from West Michigan suggests employers may be becoming more cautious about hiring as concerns grow over consumer spending, global uncertainty and the future direction of the manufacturing sector. A monthly survey conducted by Grand Valley State University's Seidman College of Business found West Michigan
DETROIT — Veteran automotive journalist Paul Eisenstein, joins MITech TV to break down some of the biggest developments reshaping the global auto industry and what they could mean for Michigan automakers, suppliers and consumers. Among the topics discussed: Why Battery Electric Vehicle sales are rebounding after a challenging 2025 and what that means for automakers
ANN ARBOR - Michigan consumers could be facing another round of economic pain as major oil companies and commodity traders warn that global petroleum inventories are falling to unusually low levels, raising concerns that crude oil prices could surge to $150 per barrel or higher if another major supply disruption occurs. For Michigan residents, the
WASHINGTON DC - New federal economic data released Thursday delivered a troubling combination for the U.S. economy — and potentially for Michigan as well. Key Economic Numbers Released Thursday Inflation rose to 3.8% in April, up from 3.3% in March Consumer spending growth slowed sharply to 0.2% First-quarter U.S. GDP was revised down to 1.6%
Global Conflict Is Now Reaching Michigan’s Economy ANN ARBOR - Michigan may be thousands of miles from the Strait of Hormuz, but the impact of the growing Middle East oil crisis is already showing up at gas stations, freight terminals, factory floors and household budgets across the state. Global oil prices surged again this week
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
WASHINGTON DC - The political warning signs for Republicans are growing more complicated heading into the 2026 midterm elections. President Donald Trump’s approval ratings have weakened nationally amid concerns over inflation, energy prices, tariffs, and rising tensions with Iran. Yet at the same time, Trump continues demonstrating enormous influence inside Republican primaries — a dynamic
GRAND RAPIDS - West Michigan’s economy continued to expand in April, but rising oil prices, tariff uncertainty and growing fears about a broader national slowdown are beginning to cloud the outlook across the entire state of Michigan. That was the takeaway from the latest monthly industrial survey by Grand Valley State University economist Brian Long,
