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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Illustration showing a house with a Fraud Alert sign representing deed fraud concerns
Breaking News

Wayne County Registers Alarming Rise in Deed Fraud Cases

News Summary The Wayne County Register of Deeds warns of a significant increase in deed fraud, especially deed theft, following recent legislative changes. Approximately a dozen cases have been reported, with losses exceeding $1 million for property owners. New laws classify fraudulent document submissions as felonies and aim to protect

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View of Lafayette Park neighborhood in Detroit with townhouses and greenspaces.
Breaking News

Detroit Thermal Revises Plans for Lafayette East Cooperative Reconnection

News Summary Detroit Thermal has announced updates to its steam heating reconnection plans for the 1300 Lafayette East Cooperative following community feedback. Originally facing opposition due to proposed ventilation stacks near local playgrounds, the company has submitted revised plans that remove the stacks entirely. A crucial review by the Historic

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Construction site of Gordie Howe International Bridge with dismantled cranes
Breaking News

Gordie Howe International Bridge Construction Milestone

News Summary The construction of the Gordie Howe International Bridge has achieved a significant milestone with the dismantling of its iconic blue and red tower cranes. This crucial step advances the completion of the $5.7 billion project, which will connect Detroit, Michigan, with Windsor, Ontario. The cranes, vital for lifting

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Construction site of the Gordie Howe International Bridge showing cranes and the Detroit skyline.
Breaking News

Milestone Achieved in Gordie Howe International Bridge Construction

News Summary The Gordie Howe International Bridge project reached a significant milestone with the dismantling of two major tower cranes, crucial for the bridge’s construction. These cranes, operational since 2020, played a vital role in lifting materials for the bridge that is set to be completed by September 2025. With

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A presentation of raw meat dishes including steak tartare and kibbeh nayeh in a Detroit restaurant.
Breaking News

Detroit Emerges as America’s Tartare Capital

News Summary Detroit has gained prominence as the unofficial tartare capital of America, showcasing a growing appreciation for raw meat dishes that reflect the city’s culinary identity. Local restaurants like Selden Standard, Grey Ghost, and Barda are at the forefront of this trend, offering innovative takes on classic dishes such

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A lively scene of musicians performing at a street festival in Detroit.
Breaking News

The Evolving Identity of Detroit Through Music and Culture

News Summary Detroit, a city rich in history and artistic contributions, is continuously reshaped by its residents’ experiences. A local’s journey reflects nostalgia and connection through the city’s music scene, highlighting its complex identity. Events like the Movement festival and diverse cultural experiences reinforce Detroit’s lasting spirit while showcasing the

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Students benefiting from Thompson Working Family Scholarships
Breaking News

Thompson Working Family Scholarships Transform Education Access

News Summary Philanthropists Bob and Ellen Thompson are revolutionizing higher education access in Michigan through the establishment of the Thompson Working Family Scholarships. With millions committed to supporting students from working families, over 6,000 have already benefited, and projections suggest that number will rise to 15,000 by 2033. The scholarship

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A diverse group engaged in discussions on educational reform in Detroit.
Breaking News

Angelique Power Named Michiganian of the Year for Education Advocacy

News Summary Angelique Power, the President and CEO of the Skillman Foundation, has been honored as Michiganian of the Year by The Detroit News for her significant contributions to K-12 education. Power’s leadership has emphasized community engagement and educational reform, particularly in Detroit. Under her guidance, the Skillman Foundation has

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Young girl performing on stage at a talent show
Breaking News

Young Talent Ava Dargin Captivates with Viral Performance

News Summary Ava Dargin, a fourth grader from Detroit, gained viral fame after winning her school’s talent show with an impressive rendition of ‘Defying Gravity.’ Her passionate performance has garnered 3.6 million views online, drawing praise for her vocal talent and confidence. The attention from musical theater communities, including Kristin

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Image representing postal worker fraud investigation in Detroit.
Breaking News

Detroit Mail Carrier Faces Federal Charges for Fraud

News Summary Christopher Powell, a mail carrier from Detroit, has been charged with mail and wire fraud in a multi-state unemployment insurance scam. Allegations include misappropriating over $109,000 using false claims for unemployment benefits across various states. The investigation began after unusual mail patterns were reported, leading to the discovery

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