Supply & Demand

As a sale appears likely following a mortgage default, the Fairlane Town Center shopping mall in Dearborn is worth less than half what it was when it was bought more than six years ago. Data provided by New York City-based Trepp LLC shows that Fairlane, located at 18900 Michigan Ave., is worth just…

Metro Detroit's single-family home shopping spree is likely to continue well into fall as buyers and Realtors aggressively seek new house listings, drop contingencies to seal a deal and work to combat "buyer fatigue" in a market where homes are selling quickly and at record-high prices. For-sale…

At 25 degrees, 90% of Detroit native Leandra King's apple blooms could be lost.

If the Michelin Group begins rating newsletters, I think they would classify Monday Morning Economist as an exceptional newsletter that is worthy of a subscription.

Answer: Jordan (averaging a resale price of 54% above retail) Questions: Have you ever bought or sold a product in the resale market? Why? Why are certain brands/products so desirable in the resale market? 2020 saw a boost in sneaker resale.

Ford is storing thousands of F-150s by the Detroit Department of Public Works even while dealers beg for products to sell.

Five charts that show how dramatically the pandemic affected our spending.

A host of things have converged—the pandemic, supply and demand, the chip shortage, new auto sales—that could push up auto-related shares.

The pandemic, a beetle plague, labor shortages, and high demand have pinched lumber supplies across the US.

Anything using wood or wood pulp is going up in price right now, and it includes everything from toilet paper to lumber.

The US will run out of boba next week.

The COVID-19 pandemic brought record profits to Utica-based outdoor equipment retailer Weingartz Supply Co. Michiganders stuck at home during pandemic closures and work-from-home orders took up lawn care and landscaping projects. "In March (2020) when we closed down, sales were down 70 percent,…

Automakers and analysts have been optimistic in recent weeks that the worldwide shortage of microchips would work itself out in the second half of this year. But that upbeat prediction is changing. Many are now concluding that there is no easy path out of the mess because of the cost and…

Smith and director Antoine Fuqua are the first to pull a major film from Georgia in response to the state's restrictive voting law.

The industry has been confident that the strange problem would straighten itself before long. That now seems unlikely.

The post-pandemic beauty boom has arrived.

Could it be that walking around with little white plastic tubes sticking out of your ears has actually become cool?

When everything is a computer, you need a lot more chips.

Senior execs from almost 20 companies are heading to the White House today

With the one-year mark of the pandemic passed, Grand Rapids-based Meijer revealed shopping habits and lifestyle changes among shoppers.

Office suppliers and clothing retailers could see more store closures after the pandemic.

The South Korean electronics maker wasn't able to keep up with Apple, Samsung, and Chinese competitors

General Motors is idling more plants and extending shutdowns at other facilities in North America due to a continued shortage of semiconductor chips that are used to control myriad operations in vehicles, including the infotainment, power steering and brake systems. In an update Thursday, GM indica…

Recent setbacks raise doubt about how quickly businesses can respond to customers who seem intent on spending freely.

The U.S. economy is currently lapping the one-year anniversary of the darkest economic days of the pandemic.

In a wave fed by the COVID-19 pandemic, mixing soaring consumer demand for microchip-heavy goods with a vastly shrinking supply, a University of Michigan spin-out company finds itself well positioned to help alleviate some of the challenges. The ongoing microchip shortage, which has been simmering…

Rideshare apps are rushing to find more drivers as riders come back.