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, Michigan, December 19, 2025 Walsh College has appointed two new members to its Board of Trustees, Paul Mersino and Haroon Bhatti. Mersino, president of Emagine Entertainment, and Bhatti, a successful entrepreneur in technology and finance, bring valuable expertise to enhance the college’s ties with the Southeast Michigan business community. This
Detroit, Michigan, December 19, 2025 Chris Brooks, the Chief of Staff to UAW President Shawn Fain, has resigned following allegations of misconduct and retaliation against the Secretary-Treasurer, Margaret Mock. A federal monitor’s report points to orchestrated efforts to strip Mock of her duties and the deletion of over 100 text messages
Detroit, December 18, 2025 Daniel Chu, the founder and CEO of Tricolor Holdings, has been indicted for a massive fraud scheme that allegedly defrauded lenders of nearly $1 billion over seven years. This indictment raises alarms about the ethics and regulations in the subprime auto lending sector, especially affecting vulnerable borrowers.
Detroit, December 18, 2025 Warner Bros. Discovery’s board has unanimously turned down a $108.4 billion hostile takeover offer from Paramount Skydance. Instead, they have chosen to accept a more stable $72 billion acquisition proposal from Netflix. This decision emphasizes Warner Bros. Discovery’s focus on financial stability amid a dynamic media landscape,
Detroit, December 18, 2025 A federal judge has blocked Michigan Governor Gretchen Whitmer’s attempt to shut down Line 5, a 72-year-old oil pipeline under the Straits of Mackinac. The judge ruled that only the federal government has authority over interstate pipeline safety according to the 1992 Pipeline Safety Act. This decision
Detroit, MI, December 18, 2025 The U.S. Postal Service has initiated a new last-mile delivery network that allows shippers, large and small, to utilize its extensive delivery infrastructure. This strategic move aims to boost revenue and tackle significant financial challenges faced by the agency, including a staggering loss of $9 billion
Flint, December 18, 2025 Fifth Third Bancorp’s acquisition of Comerica Inc. is set to close in 2026, leading to the closure of approximately 76 bank branches across Michigan. The merger, valued at $10.9 billion, will create the ninth-largest bank in the U.S. while maintaining 200 locations in the state. Both banks
Seattle, Washington, December 17, 2025 Sixteen states and the District of Columbia have launched a lawsuit against the Trump administration, claiming the illegal withholding of over $2 billion intended for electric vehicle charging infrastructure. The funds, part of a bipartisan infrastructure law, are crucial for expanding EV charging networks, aiming to
Dearborn, Michigan, December 16, 2025 Ford Motor Company is undergoing a major transformation, announcing a $19.5 billion writedown as it scales back its electric vehicle (EV) initiatives. The company is responding to a significant decline in EV demand and changes in federal policy. This strategic pivot also involves the cancellation of
Detroit, Michigan, December 13, 2025 As the holiday season approaches, overspending can become a concern. Experts suggest creating a gift list ahead of time, comparing prices, and using available discounts to manage expenses. Strategies include shopping early for gifts, using coupons, cooking meals at home, and being flexible with travel plans
