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The state treasurer and the Legislature’s top budget advisors reached a consensus that tax revenues are tight compared to recent years but steady enough to support plans for an $80 billion budget.
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Government figures released Thursday show Detroit saw its population grow for the first time in decades, rising by 1,852 people to 633,218 inhabitants last year.
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The study defines the value as a combination of electricity bill savings, plus money earned from selling excess electricity to the grid.
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A series of bills in the Michigan state House would introduce new regulations on short-term rentals.
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New state House bills would boost venture capital for Michigan businesses in their earliest stages of development.
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Employees at a Volkswagen factory in Chattanooga, Tennessee, have voted overwhelmingly in favor of joining the United Auto Workers union.
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The White House is calling for higher import taxes on Chinese steel to counter that country's subsidies. That could have big consequences in industry-heavy Michigan.
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Michigan House Republicans are focusing on accountability and access to state economic development programs in a new plan unveiled Wednesday.
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Home values in Detroit — especially for Black residents — have increased by billions of dollars in the years following the city's exit from the largest municipal bankruptcy in U.S. history, according to a study released Tuesday.The University of Michigan Poverty Solutions report says added home value for Black residents increased 80% between 2014 and 2022.
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General Motors will move its Detroit headquarters to a new downtown office building next year and redevelop its iconic home along the Detroit River.
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Working families are urged to file their federal and state income tax returns to access the recently expanded 30% tax credit, aimed at alleviating financial burdens for eligible families.
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Annual inflation proved to be hotter than expected last month, staying stubbornly above 3%. It continues to move in the wrong direction in recent months. Pushing it lower is proving to be hard.