Economy


Gov. Gretchen Whitmer and Lt. Gov. Garlin Gilchrist announce the "Make it in Michigan" plan on Wednesday.
New ‘Make it in Michigan’ Plan Invests in Michiganders—and Could Pay Big Dividends

A newly unveiled economic strategy from Gov. Gretchen Whitmer includes plans to help Michigan score more big-name development projects, as well as thousands of new jobs.

FILE - Speaker of the House Kevin McCarthy, R-Calif., speaks at the Capitol in Washington, Thursday, April 20, 2023. The Democratic president and Republican congressional leader have each tried to assure the public in recent weeks that they don't want the government of the world's largest economy to default. But President Joe Biden has resisted McCarthy's calls for negotiations, while McCarthy is pushing a plan that can't pass the Democratic-majority Senate. (AP Photo/J. Scott Applewhite, File)
What Happens if America Defaults on Its Debt?

If the country defaults on its debt, millions of people would lose their jobs, retirement accounts would be decimated, Social Security payments could be delayed, Medicare and Medicaid benefits could be affected, and military members could see paychecks delayed.

Photo by Brandon Byrd via Rural Democracy Initiative
Rural Advocates Want to Take on Monopoly Power and Help Family Farmers

Participants of the 2023 Rural Policy Action Summit spoke about how to expand resources for those in rural communities, among other topics.

SSpeaker of the House Kevin McCarthy, R-Calif., holds an event to mark 100 days of the Republican majority in the House, at the Capitol in Washington, Monday, April 17, 2023. McCarthy is hurtling toward one of the most consequential weeks of the new House Republican majority as he labors to pass a partisan package that would raise the nation's debt limit by $1.5 trillion in exchange for steep cuts that some in his own party oppose. (AP Photo/J. Scott Applewhite, File)
House GOP Passes Bill That Would Take Food and Healthcare From Michigan Families

An estimated 464,000 Michiganders could lose access to Medicaid health insurance, 366,000 residents would lose access to food assistance, and Michigan veterans would lose 187,700 doctors visits for issues like mental health and substance disorder treatment under the bill.

A Michigan Senate committee gave final legislative approval on Thursday to allocate $175 million in state funds to a factory planned in northern Michigan. (AP Photo/Carlos Osorio, File)
Northern Michigan Battery Plant Marks ‘Largest Single Business Investment’ in Mecosta County

A soon-to-be-built $2.4 billion manufacturing plant for electric vehicle batteries is poised to create 2,350 new jobs—with above-average salaries—and help secure Michigan’s place in the automotive supply chain.

Speaker of the House Kevin McCarthy, R-Calif., center left, and House Majority Leader Steve Scalise, R-La., hold an event to mark 100 days of the Republican majority in the House, at the Capitol in Washington, Monday, April 17, 2023. At far right is Majority Whip Tom Emmer, R-Minn. In a speech Monday at the New York Stock Exchange, the Republican leader accused President Joe Biden of refusing to engage in budget-cutting negotiations to prevent a debt crisis. (AP Photo/J. Scott Applewhite)
House GOP’s First 100 Days: Few Results, Lots of Unpopular Ideas

House Republicans have spent their first 100 days in power discussing plans to cut social programs like Social Security, Medicare, Medicaid, and food assistance and conducting half-baked and conspiracy-fueled investigations.

A screenshot of the clip, which was posted on YouTube by @DarrenDebski.
Michigan CEO Who Took Home $5 Million Told Employees to Forget About Bonuses. It Didn’t Go Well.

MillerKnoll CEO Andi Owen told employees to stop asking about their bonus, even as she pocketed millions beyond her base salary.