Michigan COVID-19 news

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Michigan Stadium during a football game with Good Hands net signage.
Michigan Business News

Michigan Stadium Introduces Allstate’s Good Hands Net for Fundraising

News Summary Michigan Stadium is launching a new initiative with Allstate’s Good Hands net to support athletic fundraising. The net, featuring Allstate’s logo, will debut during the upcoming season and aim to enhance financial support for student-athletes. For each extra point scored, Allstate will donate $1,500 to Michigan’s athletic scholarship

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Community event promoting energy assistance in Michigan
Michigan Business News

Consumers Energy Allocates $2 Million for Summer Assistance

News Summary Consumers Energy has launched a $2 million initiative to aid Michigan residents struggling with energy bills this summer. Eligible customers can access assistance via The Heat and Warmth Fund and The Salvation Army. Income-based criteria apply, with funds aimed at easing financial burdens during the warmer months. The

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Family-friendly neighborhood in Southwest Michigan with homes and parks
Michigan Business News

New ‘Make My Move’ Program Benefits Homebuyers in Southwest Michigan

News Summary A new initiative, the ‘Make My Move’ program, launched in May 2025, is offering $5,000 in down payment assistance to first-time homebuyers in Southwest Michigan. Targeting Van Buren, Berrien, and Cass counties, the program aims to alleviate housing challenges while promoting local economic growth. With over 700 applications

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Vibrant lottery ticket store with excited customers.
Michigan Business News

70-Year-Old Man Wins $25,000 a Year for Life Lottery Prize

News Summary Kenneth Stayt, a 70-year-old from Fenton, Michigan, won a remarkable lottery prize of $25,000 a year for life from the Michigan Lottery’s Lucky For Life game. After purchasing a ticket at Sagebrush Cantina, he matched the winning numbers drawn on July 19. Stayt chose a one-time lump sum

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Exterior view of a JCPenney store
Michigan Business News

JCPenney Sells Six Michigan Stores in Major Transaction

News Summary Six JCPenney stores in Michigan are set to be sold as part of a $947 million deal involving 119 properties, finalized by Onyx Partners. These operational stores are part of JCPenney’s ongoing restructuring after its bankruptcy in 2020, aimed at reducing debt and modernizing operations. Following the recent

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Celebration at the Sheetz grand opening in Romulus, Michigan.
Michigan Business News

Sheetz to Open Second Michigan Store in Romulus

News Summary Sheetz is set to celebrate the grand opening of its second store in Michigan on July 22, 2025. Located at 29225 Smith Road in Romulus, the event will feature activities, including gift card drawings and a food drive. Sheetz aims to invest heavily in the Michigan market, planning

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A lively retail scene depicting consumers shopping amid vibrant displays.
Michigan Business News

Consumer Sentiment in the U.S. Sees Modest Improvement

News Summary Consumer sentiment in the U.S. rose by 1.8% in July 2023, reaching its highest level since February. The improvement indicates a more positive outlook on the economy, driven by decreasing inflation expectations and resilient retail spending. However, concerns about inflation persist as consumers remain cautious. Overall, the findings

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Diverse group of people concerned about healthcare costs outside a hospital.
Michigan Business News

Michigan Insurers Propose Record Premium Rate Increases for 2026

News Summary Michigan health insurers, including Blue Cross Blue Shield and UnitedHealthcare, are seeking record rate increases for individual and small group plans in 2026. Proposed hikes average 16.8% for individuals and 11.1% for small groups, primarily due to rising healthcare utilization and the expiration of premium tax credits. This

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Empty automotive manufacturing assembly lines during seasonal shutdown in Michigan.
Michigan Business News

Michigan Unemployment Claims Surge by 130%

News Summary In the week ending July 5, 2023, Michigan’s unemployment claims surged to 15,581, marking a 130% increase from the previous week. The rise is primarily attributed to seasonal automotive manufacturing plant shutdowns. The state’s overall unemployment rate has now risen to 5.4%, exceeding the national average. Job losses

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Scenic view of Flint, Michigan reflecting affordable housing
Michigan Business News

Single Adults in Michigan Need $87,000 by 2025 for Comfort

News Summary A recent study reveals that single adults in Michigan will require an annual salary of over $87,000 by 2025 to maintain a comfortable lifestyle due to rising costs. The analysis highlights the 50/30/20 budgeting rule and indicates that families also face increased financial pressures. With a significant portion

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