Supply & Demand

The move is designed to protect the chain from the volatility of the chicken wing market.

Why Supreme is so expensive pic.twitter.com/CUUMEhIWba— Business Insider (@businessinsider) October 31, 2020

Bars and restaurants, hamstrung for months by the coronavirus pandemic, are both eagerly and anxiously anticipating the delayed return of Big Ten football Saturday.The University of Michigan opens away at Minnesota while Michigan State University begins the season at home against Rutgers University…

Despite most produce being naturally grown, scientists are developing new varieties of fruits and vegetables, like the Cosmic Crisp apple created at Washington State University.

TRAVERSE CITY — Vineyard managers in northern Michigan are expecting a solid grape crop harvest, with one calling the quality of this year's grapes "exceptional."Brys Estate Vineyard & Winery on Old Mission Peninsula, near Traverse City, is on track to finish picking grapes around the…

Short's Brewing Co. is nearing the finish line on a $1.5 million expansion at its manufacturing facility in Elk Rapids, which couldn't come at a better time as the popular brewer enjoys a big bump in demand. Short's, whose most popular beers include Soft Parade and Huma-lupa-licious, reported a 30…

The Kroger Co. is spending $95 million to build an automated customer fulfillment center in Romulus that would create 270 jobs. The Michigan Strategic Fund board on Tuesday awarded $1.6 million in a Michigan Business Development Program grant to support the project. The planned 130,000-square…

Restaurant Brands International reported that its quarterly revenue fell 8%, dragged down by slower sales at Tim Hortons and Burger King.

The manufacturer’s sales for personal products are booming, as hospitals buy face masks to protect health workers from Covid-19 and people sheltering at home purchase more cleaning supplies and painters’ tape.

The federal minimum wage has not been raised since 2009. In the absence of action at the national level, many states and localities have raised their own minimum wages. Explore the map to see how these rapidly changing laws differ across the country, and read EPI’s recent research explaining the benefits of raising the minimum wage and…

The Congressional Budget Office analyzed the impact of lifting the $7.25 federal minimum wage to $15 by 2025. The House is expected to vote next week on a bill to lift the federal minimum.

Third Way is a centrist think tank that offers fresh thinking and modern solutions to the most challenging problems in U.S. public policy, including the economy, energy, national security and social policies.

The Tax Foundation released the map above (“The Relative Value of $100) earlier this week in a post titled “The Real Value of $100 in Each State,” here are some details: This map (above) shows the real value of $100 in each state. Prices for the same goods are often much cheaper in states like […]

Slightly more than half of Americans say they are stockpiling food or plan to because of fears of a COVID-19 surge and unrest around the election.

Eight-hospital Beaumont Health, the Southfield-based system that treated more COVID-19 patients than any hospital in Michigan, is on its way to stocking personal protective equipment in its warehouses for up to 90 days in preparation for a second surge of the pandemic.That's what Beaumont estimates…

French Champagne producers have decided to put unprecedented limits on the quantity of grapes they’ll harvest this year

While California braced for another round of rolling blackouts Monday night, the state's grid operator held off for a second straight night.

Can patients be coached to ask the right questions to doctors about treatment costs when they are seeking cancer treatment?Lauren Hamel, a researcher in population health and assistant professor in oncology at Wayne State University School of Medicine, felt they could ask better questions and also…

After months of President Trump calling on the Postal Service to increase prices for commercial customers, the agency has agreed to seek rate hikes.

Domino's Pizza Inc. is looking to hire 350 people across metro Detroit in a national push for more employees as diners continue to turn toward takeout and delivery options during the monthslong COVID-19 pandemic.The Ann Arbor-based pizza giant has 20,000 job openings across the country, from…

It's hard to overstate the importance of football to America's college towns.So far, two of America's so-called Power Five athletic conferences — the Big Ten and Pac-12 — have nixed their fall football seasons over coronavirus worries, although they're considering restarting in spring…

The U.S. Postal Service has removed at least 10 automated mail-sorting machines throughout Michigan facilities this summer, lowering first-class mail-processing capacity by more than 300,000 letters per hour, postal worker union leaders told Crain's.At least three bar code sorting machines have…

Buyers are rushing to get more living space as the pandemic continues. But many potential sellers are keeping their homes off the market, resulting in the worst drought on record of previously owned homes for sale.

While the COVID-19 pandemic has negatively affected the bottom line of a variety of industries, the subscription-based business model has remained popular and profitable as shopping habits have changed."Obviously you've had people who in the past would have just worked 9 to 5, come home to eat…

FT Trade Secrets writer Aime Williams goes on a mission to find toilet roll. The coronavirus outbreak has emptied supermarket shelves. But why can't manufacturers just divert the unused office paper?

Lockdowns put the brakes on production in Asia while boosting bicycle demand for use in exercise and commuting.

Dumbbells and free weights have been hard to find amid the COVID-19 pandemic, but you can still buy them online at Amazon, Walmart, and more.

The COVID-19 pandemic shook the lodging industry particularly hard, and turned many hotel businesses upside down. But, like a shaken snow globe, the...