Detroit economy

Detroit CFO Jay Rising Retires Amid Financial Surplus

News Summary Jay Rising, Detroit's Chief Financial Officer, has retired after four years of service marked by significant financial improvements…

4 weeks ago

Detroit Bids Farewell to CFO Jay Rising Amid Financial Transition

News Summary Detroit recently marked the retirement of Chief Financial Officer Jay Rising, whose four-year tenure significantly impacted the city's…

4 weeks ago

Detroit Auto Sales Surge Amid Tariff Fears

News Summary Recent concerns over impending tariffs have triggered a surge in auto sales in Detroit. Customers are flocking to…

1 month ago

Detroit Car Dealerships Experience Surge in Sales Due to Tariffs

News Summary In Detroit, car dealerships are seeing a significant uptick in sales following President Trump's announcement of a 25%…

1 month ago

Detroit Retirees to Receive Much-Needed Financial Boost

News Summary Detroit retirees are set to receive a much-anticipated financial boost with the upcoming distribution of a supplemental payment,…

1 month ago

Detroit’s Future: Mayor Duggan’s Vision for Growth

News Summary In Mayor Mike Duggan's final State of the City address on March 25, 2025, he highlighted Detroit's progress…

1 month ago

Stellantis Announces Voluntary Buyouts for Workforce Reduction

News Summary Stellantis has launched a voluntary buyout program to reduce its workforce, mainly affecting employees in Detroit, Ohio, and…

1 month ago

Detroit Residents Brace for Water Rate Increase in 2026

News Summary The Detroit Water and Sewerage Department has proposed a 3.5% increase in water, sewer, and drainage rates for…

1 month ago

Detroit Workers at Stellantis Confront Voluntary Buyouts

News Summary Stellantis, the auto giant formed from the merger of Chrysler and Fiat, is offering voluntary buyouts to employees…

1 month ago

Detroit to Implement 10-Digit Dialing and New Area Code 679

News Summary Starting October 7, 2025, Detroit will transition to a 10-digit dialing system for local calls, requiring all residents…

1 month ago