Economy


Noncompete Clauses Could Soon Be Illegal. What Does That Mean for Michigan Workers?

A new federal rule could prevent companies from forcing workers to sign exploitative contracts—and boost the economy in Michigan.

Quick Answers About Doing Your Taxes (and How to Get Them Done for Free)​

Dreading filing your taxes? You're not alone. Let us make it a little easier with this list of answers to common questions about tax season, including Michigan-specific information and help.

Photo: Gov. Gretchen Whitmer via Facebook
Michigan Has Huge $9.2B Surplus to Help Navigate Likely Economic Dip

Fiscal experts delivered "good news" about Michigan revenue growth, but cautioned that a "mild recession" may be on the horizon.

Speaker of the House Kevin McCarthy, R-Calif., speaks during a news conference in Statuary Hall at the Capitol in Washington, Thursday, Jan. 12, 2023. McCarthy rounded his first full week as House speaker in the most outwardly orderly way. There was hardly a hint of the chaotic, rebellious fight it took for the Republicans to arrive here, having barely installed him as the leader with the gavel. (AP Photo/Jose Luis Magana)
MAGA Republicans Plan to Hold the Economy Hostage to Cut Social Security and Medicare

The debt ceiling is a numerical limit, set by Congress, on how much money the federal government can borrow to pay its bills. Increasing the debt ceiling is a routine congressional task, but Republicans want to hold it hostage to make cuts to Social Security and Medicare, even though failing to raise the limit would cause massive economic devastation.

Democratic Senate Majority Leader Winnie Brinks, left, and House Speaker Joe Tate talk during inauguration ceremonies, Sunday, Jan. 1, 2023, outside the state Capitol in Lansing. (AP Photo/Al Goldis)
Democratic Leaders Detail Tax Plans to Help Lift Michiganders Out of Poverty

Hundreds of thousands of Michigan families could soon see thousands of more dollars in their pockets if the state legislature backs Democrats’ plan to repeal the state retirement tax and expand Michigan’s Earned Income Tax Credit.

House Minority Leader Kevin McCarthy, R-Calif., walks to the chamber for final votes as the House wraps up its work for the week, at the Capitol in Washington, Friday, Dec. 2, 2022. McCarthy is seeking enough GOP backing to become Democrat Nancy Pelosi's successor when Republicans take control of the House in the new Congress. (AP Photo/J. Scott Applewhite)
House Republicans’ Agenda Focuses on Social Security Cuts and Sham Investigations—Not Working Families

Between Republicans’ economic agenda, spurious investigations, and threatened impeachments, the House is looking at a busy but unproductive year.

General Motors, Pilot Travel Centers and EVgo also have plans to build 2,000 charging stalls at “up to” 500 Pilot Flying J sites across the nation. (AP Photo/Rich Pedroncelli, File)
GM Joint Venture Gets $2.5B Loan to Build Battery Plants in Michigan

The US Department of Energy today announced the closing of a $2.5 billion loan to help finance the construction of three new lithium-ion battery cell manufacturing facilities—including a factory in Lansing that'll employ an estimated 1,700 people and lead to more than 2,000 new construction jobs.