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.

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Visual representation of rising healthcare costs in Detroit.
Breaking News

Detroit Residents Suffering from Increased ACA Premiums

Detroit, Michigan, January 1, 2026 The expiration of enhanced premium tax credits for the Affordable Care Act is causing significant increases in health insurance premiums for Detroit residents. With ACA marketplace plan premiums more than doubling, many individuals and families are facing financial pressure and potential loss of healthcare access. Residents

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Illustration of Michigan Lottery draw featuring numbers and lottery elements.
Breaking News

Michigan Lottery Unveils Daily 3 and Daily 4 Winning Numbers

Detroit, MI, January 1, 2026 On December 31, the Michigan Lottery announced the winning numbers for its Daily 3 and Daily 4 games. The results highlight the enthusiastic participation of Michigan’s lottery players and emphasize the community’s spirit in engaging with the lottery. Local businesses are poised to benefit from the

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TCU Horned Frogs celebrating their overtime victory in the Alamo Bowl
Breaking News

TCU Horned Frogs Secure Overtime Victory Against USC Trojans

San Antonio, Texas, December 31, 2025 In a thrilling overtime showdown, the TCU Horned Frogs triumphed over the No. 16 USC Trojans with a final score of 30-27 in the Valero Alamo Bowl. Despite trailing at halftime, TCU showcased exceptional resilience, tying the game and ultimately winning with a stunning 35-yard

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Customers enjoying the grand opening of Sheetz in Warren, Michigan.
Breaking News

Sheetz Expands Its Reach with New Location in Warren

Warren, Michigan, December 31, 2025 Sheetz, the popular East Coast convenience store chain, has opened a new location in Warren, Michigan, marking its fourth store in the Metro Detroit area. The grand opening was well-received, featuring promotions and community engagement. Despite initial concerns from residents about traffic and proximity to schools,

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Fireworks illuminating the Detroit River with the Hudsons Detroit building in the background
Breaking News

Detroit News Staff Unveils Photo Highlights

Detroit, Michigan, December 31, 2025 The Detroit News has published its annual selection of the most impactful photographs for the year, capturing significant moments from various events in the city. From the mesmerizing Ford Fireworks illuminating the Detroit River to tender moments at Detroit Pistons games, these photos reflect the vibrant

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Ambassador Bridge and Detroit-Windsor Tunnel landscape with vehicles
Breaking News

Toll Increases Announced for Detroit-Windsor Crossings

Detroit, Michigan, December 31, 2025 Travelers between Detroit and Windsor, Ontario, will face increased tolls on the Ambassador Bridge and the Detroit-Windsor Tunnel starting in early 2026. The Ambassador Bridge’s one-way toll will rise from $9 to $10, while the Detroit-Windsor Tunnel will see its toll increase by 75 cents, reaching

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A theater stage with performers showcasing a musical in Detroit.
Breaking News

Voting for BroadwayWorld Michigan Awards Underway

Detroit, Michigan, December 30, 2025 The excitement builds as the 2025 BroadwayWorld Michigan Awards approach their voting deadline on December 31. Community members are encouraged to support local theater productions, with ‘The Color Purple’ currently leading the Best Musical category. This annual event recognizes regional talent across over 100 cities worldwide

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Sign showing gas prices at a Michigan gas station during the holiday season
Breaking News

Gas Prices Rise in Michigan Amid Holiday Season

Michigan, December 30, 2025 Gas prices in Michigan saw an increase during the holiday season, reaching an average of $2.81 per gallon by December 30, 2025. This represents a 9-cent rise from the previous month and a 22-cent rise from the same time last year. While the current prices are still

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Military drills conducted by China near Taiwan showing naval and air forces.
Breaking News

China’s Military Drills Showcase Tensions Around Taiwan

Detroit, MI, December 29, 2025 China has launched extensive military drills named ‘Justice Mission 2025’ around Taiwan, aimed as a warning against independence movements and U.S. involvement. The exercises have disrupted air travel and heightened regional tensions, prompting Taiwan to place its forces on high alert. The implications of these events

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