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.
Detroit, December 25, 2025 The average rate on a 30-year mortgage in the U.S. has decreased to 6.18%, which bodes well for homeownership in Detroit. This reduction from 6.21% last week signifies a movement toward greater affordability, encouraging local entrepreneurs to invest in properties. Although the housing market faces challenges, the
Detroit, Michigan, December 25, 2025 A former employee of a Metro Detroit moving service has been charged with embezzling over $215,000. The embezzlement was uncovered during a routine financial audit that revealed significant discrepancies in the company’s accounts. Authorities are proceeding with felony charges against the accused. This case sheds light
Detroit, Michigan, December 24, 2025 In Michigan, there is a pressing call to strengthen trade agreements rather than impose tariffs, as local entrepreneurs face increased costs due to current policies. Surveys show significant public concern that tariffs raise consumer prices and pose uncertainties for small businesses. The push for more robust
New York, NY, December 23, 2025 Instacart has halted its price testing program after facing significant backlash from consumers regarding pricing transparency. Launched in 2023, the program displayed varying prices for identical grocery items, which led to confusion among shoppers amid rising living costs. The decision aims to rebuild trust, allowing
Detroit, December 23, 2025 Michigan’s manufacturing sector has reached a significant valuation of $115 billion, highlighting the state’s crucial role in the automotive and semiconductor industries. The growth reflects an innovative workforce and strategic investments that bolster small and mid-sized businesses. Continued support for local entrepreneurship is essential for maintaining Michigan’s
Ann Arbor, Michigan, December 22, 2025 C3 Industries, based in Ann Arbor, Michigan, has shut down its Webberville cultivation facility following the announcement of a new 24% wholesale cannabis tax set to take effect in 2026. This decision has resulted in the loss of 62 jobs amid significant drops in cannabis
Detroit, December 20, 2025 The Michigan Legislature’s 2025 session has ended with a historic low of 30 enacted bills. Budget challenges persisted, revealing changes that affect the state’s economic landscape, including a $56.6 billion budget with significant allocations for infrastructure. Despite these hurdles, Michigan advanced in economic rankings, retaining its reputation
Detroit, MI, December 19, 2025 The recent decline in average U.S. mortgage rates to 6.21% brings new hope for homebuyers and current homeowners in Detroit. This lower rate not only makes payments more manageable but also enhances access to homeownership. Increased home sales and refinancing applications suggest a revitalization in the
San Francisco, CA, December 19, 2025 Instacart has agreed to settle a Federal Trade Commission (FTC) case by paying $60 million to consumers. The settlement arises from accusations of misleading advertising regarding ‘free delivery’ and unclear membership terms. As this situation reflects ongoing transparency concerns in the online delivery market, it
New York, NY, December 19, 2025 President Donald Trump’s recent executive order to reclassify cannabis from a Schedule I to a Schedule III substance may significantly impact the cannabis industry. This change aims to reduce federal regulations, potentially fostering innovation and supporting small businesses. While immediate stock market reactions were mixed,
