News Summary The Detroit City Football Club (DCFC) has revealed plans for AlumniFi Field, a $150 million stadium in Corktown, slated for completion by spring 2027. The project includes a 15,000-seat stadium, retail space, affordable housing, and aims to serve the community beyond soccer. Demolition of the Southwest Detroit Hospital,
News Summary Traverse City, known as the ‘Cherry Capital of the World,’ is experiencing severe cherry crop losses due to adverse weather and rising costs. Approximately 75% of the sweet cherry crop has failed this year, endangering the livelihoods of local farmers. The region, which heavily relies on cherry production,
News Summary Troy, Michigan, recognized for its robust economy and diverse housing options, offers over 400 acres of parkland and engaging recreational facilities. The city’s ongoing developments, including community centers and transformations of residential spaces, enhance its appeal for both residents and businesses, ensuring a high quality of life. With
News Summary Farmers in Upper Michigan are facing severe challenges following significant federal budget cuts that have affected agricultural support programs. Case Country Farm has reported a drastic decrease in income due to the loss of funding from assistance programs that provided fresh produce to food banks. As federal support
News Summary The Trump Administration’s implementation of new tariffs has raised concerns for Michigan’s automotive industry, small businesses, and middle-class families. With major manufacturers like General Motors and Ford estimating losses up to $4 billion, the tariffs are expected to increase vehicle prices and burden local economies. Small business owners
News Summary The State of Michigan Retirement System has tripled its investment in Bitcoin by increasing its holdings in the Ark Bitcoin ETF to 300,000 shares, valued at approximately $11.3 million. This move indicates growing institutional confidence in cryptocurrencies as the state pension fund becomes the first in the U.S.
News Summary A recent study by the Michigan Retailers Association reveals that redirecting just 10% of online spending to local businesses could yield 12,000 new jobs and $1.1 billion in economic activity. This highlights the significant impact of local consumer habits on Michigan’s economy, supporting both job creation and public
News Summary Michigan Governor Gretchen Whitmer met with President Trump to address crucial issues affecting the state, including tariffs on the auto industry and Medicaid transitions. The discussions highlighted the auto sector’s vulnerabilities and the need for job creation, as well as the importance of a three-year transition for Medicaid
News Summary Michigan Governor Gretchen Whitmer has ordered an investigation into the economic effects of tariffs imposed by President Trump. The executive order, signed ahead of the August 1, 2025 deadline, aims to assess the tariffs’ impact on key sectors like manufacturing and agriculture, following reports of rising costs affecting
News Summary Governor Gretchen Whitmer has mandated an investigation into the economic effects of tariffs on Michigan’s manufacturing and agriculture sectors. The directive requires reports from state agencies within 30 days, addressing concerns over escalating costs and supply chain weaknesses, especially in the auto industry. With significant tariff rates affecting
