Economy

Stay informed with the latest updates on the Detroit, MI economy, a hub of innovation and industry. This news category page offers comprehensive coverage of economic developments, job market trends, and business growth in Detroit. With a focus on the automotive industry, manufacturing advancements, and entrepreneurial ventures, readers can explore how these sectors influence the local economy. Stay ahead of the curve with insightful articles on economic policies, investments, and initiatives that shape Detroit’s financial landscape.

Discover the impact of local government decisions, community redevelopment projects, and workforce initiatives on the economy of Detroit, MI. This page features in-depth analyses and expert opinions on key economic indicators, such as unemployment rates, housing market fluctuations, and consumer spending trends. Whether you’re a business leader, investor, or resident, our curated news coverage provides essential information to navigate the evolving economic environment in Detroit. Stay connected with the stories that matter most to the economic future of one of America’s most resilient cities.

[the_ad id="5591"]
Historic labor landmarks in Detroit showcasing the city's labor history.
Breaking News

Exploring Detroit’s Labor History and Landmarks

News Summary Detroit’s rich labor history is showcased through various significant sites including the Workers Row House, Michigan Central Station, and the Battle of the Overpass. This narrative highlights the city’s architectural evolution and stories of workers who shaped its landscape. Key events from labor activism to memorials illustrate the

Read More »
Aerial view of aging bridges needing repair in Michigan
Breaking News

Michigan Faces Imminent Bridge Infrastructure Crisis

News Summary Michigan’s aging bridges are on the verge of crisis, with over 100 at risk of closure in the next decade. Nearly 2 million drivers could be affected, especially in Metro Detroit. With inadequate funding and a significant backlog of repairs needed, the state’s infrastructure is under severe strain.

Read More »
A view of Detroit highlighting economic disparities between revitalized and neglected areas.
Breaking News

Detroit’s Mayoral Race Highlights Economic Divide

News Summary The upcoming mayoral election in Detroit underscores the stark economic divide within the city, as current Mayor Mike Duggan’s revitalization efforts primarily benefit wealthier residents. Critics, including mayoral candidates Mary Sheffield and Solomon Kinloch, have voiced concerns regarding equitable recovery for the majority Black population. Kinloch advocates for

Read More »
Courtroom scene symbolizing justice for investment fraud cases.
Breaking News

Former CEO Sentenced for $39 Million Investment Fraud

News Summary Andrew H. Middlebrooks, a former CEO, has been sentenced to 100 months in prison for orchestrating a $39 million investment fraud scheme that deceived 97 investors. Pleading guilty to wire fraud charges, he misled investors with false promises of high returns while diverting funds for personal use, resulting

Read More »
Interior view of Phoenicia restaurant featuring Lebanese cuisine.
Breaking News

Remembering Sameer Eid: A Culinary Pioneer in Birmingham

News Summary Sameer Kaiser Eid, the much-loved restaurateur and founder of the Phoenicia restaurant in Birmingham, has passed away, leaving behind a rich legacy in the Metro Detroit culinary scene. His contributions to authentic Lebanese cuisine and mentoring upcoming restaurateurs have made a lasting impact on the local dining landscape.

Read More »
Traditional Lebanese restaurant atmosphere with various dishes
Breaking News

Beloved Restaurateur Sameer Eid Passes Away

News Summary Sameer Eid, founder of the acclaimed Lebanese restaurant Phoenicia in Birmingham, Michigan, has passed away at the age of 85. Celebrated for his warmth and culinary contributions, Eid’s legacy is reflected in the restaurant’s reputation and ongoing family-run establishments. His life journey, from Lebanon to establishing a national

Read More »
Children receiving back-to-school supplies in Detroit
Breaking News

Amazon Donates $25,000 to Enhance Student Readiness in Detroit

News Summary Amazon has awarded $25,000 to the Detroit Public Schools Community District Foundation to support students in need as they prepare for the upcoming school year. The funding will provide essential resources such as uniforms and hygiene kits aimed at improving student attendance and academic performance. This donation contributes

Read More »
A vintage jazz club setting with a microphone.
Breaking News

Jazz Legend Sheila Jordan Passes Away at 96

News Summary Sheila Jordan, the celebrated jazz vocalist known for her profound impact on the jazz community, has died at 96 in New York City. Throughout her illustrious career, which began in the 1940s, she gained recognition for her exceptional vocal abilities and collaboration with esteemed musicians. Despite facing personal

Read More »
Construction site of the Gordie Howe International Bridge with multiple structures being developed
Breaking News

Delays Impacting Gordie Howe International Bridge Opening

News Summary The opening of the Gordie Howe International Bridge is now delayed until early 2026 due to issues at the U.S. Customs Port of Entry and other local construction projects. The Windsor-Detroit Bridge Authority disputes claims about the project’s timeline but confirms construction challenges remain. Despite progress on various

Read More »
Students engaging in learning at Wayne County Community College District
Breaking News

Dr. Curtis Ivery Honored with Neal Shine Award for Leadership

News Summary Dr. Curtis Ivery has been awarded the 2025 Neal Shine Award for Exemplary Regional Leadership for his exceptional contributions as Chancellor of the Wayne County Community College District. His leadership has transformed educational opportunities, increased student enrollment, and stabilized the institution financially. With over three decades of dedication,

Read More »

Here Detroit

Would you like to add your business to our site?

Sign up for our Newsletter

WordPress Ads