Stay updated with the latest developments in Detroit, MI finance through our comprehensive news category page. We provide in-depth coverage of local economic issues, trends in the housing market, and the financial landscape affecting residents and businesses in the Motor City. Our articles explore various financial topics, including investment opportunities, taxation changes, small business financial strategies, and personal finance tips tailored for Detroit’s unique economic environment. Readers can find valuable insights on the impact of regional events, community initiatives, and government policies on the overall financial health of the area.
Our Detroit, MI finance news section is designed to keep you informed about critical financial news that directly affects your life. From emerging market trends to expert advice on wealth management, we gather reports from local economists and financial analysts to provide a well-rounded view of the financial ecosystem in Detroit. Additionally, our coverage includes profiles of financial institutions, interviews with local entrepreneurs, and success stories to inspire community growth. Whether you’re a seasoned investor, a small business owner, or simply looking to manage your personal finances better, our news category page is your go-to resource for all things finance in Detroit.
Brussels, Belgium, December 6, 2025 The European Union has penalized Elon Musk’s social media platform, X, with a €120 million fine for violating the Digital Services Act (DSA). This marks a significant enforcement of the EU’s commitment to digital regulation. The fines are based on misleading practices concerning their blue checkmark
New York City, December 6, 2025 New York City is projected to generate $34.6 billion in revenue from freelancers in 2024, surpassing Los Angeles and Miami. The growth of independent professionals reflects a shift in work culture, as cities adapt to support this dynamic workforce. Freelancers stimulate local economies by driving
Detroit, Michigan, December 6, 2025 A coalition of business organizations in Michigan is urging lawmakers to codify the Michigan Achievement Scholarship, which provides financial support for recent high school graduates pursuing higher education. The initiative aims to enhance workforce readiness and reduce student debt, addressing declining postsecondary enrollment rates in the
Detroit, Michigan, December 5, 2025 Erik Tungate, City Manager of Oak Park, has been appointed to Detroit Mayor-Elect Mary Sheffield’s Economic Development Committee. His extensive municipal leadership experience will contribute to the ‘Rise Higher Detroit’ initiative aimed at fostering economic growth and community engagement in Detroit. The committee’s goals include shaping
Detroit, Michigan, December 5, 2025 Usher and Big Sean are launching the Detroit Entertainment Innovation Incubator with a $1 million investment aimed at empowering local youth through creative and technological education. Set to open in February 2026, the incubator will provide essential resources, mentorship, and funding for aspiring artists and entrepreneurs
Detroit, Michigan, December 4, 2025 The Detroit Regional Chamber, together with over 500 coalition partners, has expressed strong support for the United States-Mexico-Canada Agreement (USMCA). The agreement aims to preserve tariff-free trade and is crucial for protecting the 13 million American jobs reliant on stable trade with Canada and Mexico. This
Dearborn, MI, December 2, 2025 Gasoline prices in Michigan have dropped by 15 cents over the past week, bringing the average cost for regular unleaded fuel to $2.96 per gallon. This decrease provides relief for many drivers ahead of winter, potentially boosting local economic spending. Despite the statewide decline, prices vary
Detroit, Michigan, December 2, 2025 A former GM executive highlights the potential of electric work trucks amidst a slowdown in the EV market. As GM adjusts its production strategies, there is optimism for Detroit’s economy with the growth of this segment, promising avenues for local businesses and job creation. The introduction
Detroit, MI, December 1, 2025 U.S. Ambassador to Canada Pete Hoekstra has shifted his stance on tariffs, now advocating their use to protect American industries. This change, aligning with the Trump administration, follows his confirmation as ambassador and comes after earlier criticism of Canada’s response to U.S. tariffs. Canadian officials express
Michigan, November 27, 2025 Value City Furniture has announced the closure of several locations in Michigan following its Chapter 11 bankruptcy filing. The affected stores include locations in Ann Arbor, Clinton Township, Dearborn, Lansing, New Baltimore, Novi, and Portage. This move is part of the company’s strategy to realign its market
