Economics

Will tax incentives for businesses help?

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LANSING — Republicans who control the Michigan House unveiled a plan Tuesday to spend federal COVID-19 aid, including a proposed $1.6 billion for road, water and broadband infrastructure.The supplemental budget legislation, which a committee will start to discuss Wednesday, would allocate …

At risk of losing control of one of their key projects under terms of a development agreement with teeth, the Ilitch family has met all of the redevelopment milestones the city has required of them for the Hotel Eddystone so far. The Detroit Economic Growth Corp. says the remaining milestone &…

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…

Detroit leaders will soon start to decide how to spend a once-in-a-generation pot of money that could have a truly transformational impact on the pandemic-addled city.Michigan's biggest municipality is getting an estimated $879 million out of the $350 billion allocated for state and local fiscal…

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.

The offer from the midtown Detroit school is simple — upload proof of vaccination by May 7 and get $10 added to their student accounts.

The national debt continues to rise while our leaders struggle to pass a federal budget. Can you do better? Here’s your chance to find out.

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.

Blockbuster stores over 30 years: https://t.co/rDfiO07525

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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.

Today’s data reflects backward-looking information, which is not necessarily a sign of what’s ahead.

Health concerns, expanded jobless benefits and still being needed at home are among the reasons would-be workers might be staying away.

How has COVID-19 affected the economy?

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.