Economics

The only thing separating Kelley Miller from living in a nursing home is a registered nurse and aide caring for her around-the-clock inside the 54-year-old quadriplegic woman's home in the mid-Michigan village of Mulliken. Paralyzed from the neck down in a 2011 car accident, Miller relies on a…

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NEW DELHI (AP) — India put oxygen tankers on special express trains as major hospitals in New Delhi begged on social media on Friday for more supplies to save COVID-19 patients who are struggling to breathe. More than a dozen people died when an oxygen-fed fire ripped through a coronavirus ward in a populous western state. India’s underfunded health system is tattering as the world’s worst coronavirus surge wears out the nation, which set a global record in daily infections for a second straight day with 332,730. India has confirmed 16 million cases so far, second only to the United States in a country of nearly 1.4 billion people. India has recorded 2,263 deaths in the past 24 hours for a total of 186,920.

Searches for the phrase, 'When is the housing market going to crash?' are up 2,450% over the past month.

The Federal Reserve is proudly politically independent. That makes key discussions around climate change and racial inequity a balancing act.

The company, Bundled, hires workers with disabilities through the Dearborn-based nonprofit Services To Enhance Potential to create the gift packages.

Ford Motor Co. CEO Jim Farley said the worsening semiconductor shortage has prompted "perhaps the greatest supply shock" he's ever seen, as auto dealer lots dry up and the company juggles production shutdowns across the globe. Speaking to Automotive News Group Publisher KC Crain as part of…

Despite new U.S. jobless claims reaching the lowest point since the pandemic began more than a year ago, claims in Michigan rose last week. For the week ending April 17 in Michigan, 21,861 filed new unemployment claims, up from 16,470 the week prior. Nationally, 547,000 filed new claims last…

With a strong push from taxpayers, Southwest Airlines is the first major U.S. airline to report a profit since the pandemic started, and airlines executives say that the industry is on course to recover from a financial crisis caused by the pandemic. Southwest Chairman and CEO Gary Kelly said Thursday that his airline has seen steady improvement in U.S. leisure-travel sales since mid-February. He credited rising vaccinations and falling new cases of COVID-19. “We believe the worst is now finally behind us," Kelly said.

Though it was expected, the news still jarred Wall Street

The Detroit Public Schools Community District is offering an incentive to teachers and other employees who prove they've taken a COVID-19 vaccine

Shares of Chipotle Mexican Grill have nearly doubled in value over the last year, giving the company a market value of $42.8 billion.

Will tax incentives for businesses help?

Nothing is more important to us than the health and safety of our employees and guests. While public tours of our Fulfillment Centers remain paused due to Covid-19, we invite you to join us for a virtual tour.

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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.