michigan

Seeing the words “Congressional investigation” paired with the name of your company is never a good thing. Such was the case for General Motors (NYSE: GM) late Monday, when the company found itself the target of a government committee poised to investigate GM admissions it knew in 2004 about a...

Michigan, one of the top exporters of copper to China, has seen a drastic increase in scrap metal theft over the past few years. The often-unmarked metals are difficult to track, leaving a lack of evidence for law enforcement to use when prosecuting illegal scrappers. To deter criminals,...

It may be a perfect storm of sorts - a growing economy and the fact that more baby boomers are retiring and heading for the great outdoors – but the net result is a resurgence in recreational vehicle sales of all kinds. From towable campers to motor homes, fishing boats to pontoons, jet skis to...

Detroit city attorneys filed a plan of adjustment with the bankruptcy court today to deal with the city's $18 billion in secured and unsecured debt. The plan proposes investing roughly $1.5 billion over the next 10 years to city services, including police and fire services, garbage removal and...

Ford (NYSE: F) shares are off four percent in 2014, trading at $14.70. After sprinting to $16.78 in mid-January, the issue has been under constant selling pressure. The release of January sales data that reported a decline of 7.1 percent vs. estimates of a 2.3 percent was not what the Street...

Michigan Senator Debbie Stabenow, author of the new farm bill and Chairwoman of the Senate Committee on Agriculture, Nutrition, and Forestry, tweeted this Tuesday: This is not your father's #FarmBill http://t.co/sjZMmEY8GI — Sen. Debbie Stabenow (@StabenowPress) February 4, 2014...

The first question college students typically ask is, “Do I even need to file income taxes?” The key word in this question is “income.” As in, did you have any? For starters, if you are a single dependent and your total earned income for the year was less than $6,100, you don’t have to file...

If you or someone you know has student loan debt, it is probably not an insignificant amount of money. According to CNN, the average student loan debt for the class of 2012 was $29,400. That much debt is not good for you – or for the economy. As a result, the U.S. Department of Education and...

Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) Chairman and CEO Warren Buffett believes that Detroit is an essential part of the country. "The United States with a flourishing Detroit is going to be a lot better than the United States without one," Buffett told attendees at a press conference at...

Michigan is a great state with many rightfully proud citizens. But with its once-mighty city of Detroit in terrible financial shape, state loyalty might prompt some to help the Motor City by purchasing its debt. Loyalty has no place in investing, however, and those seeking to wear the colors...

The Internal Revenue Service announced Tuesday that it would delay the start of the tax-filing season up to two weeks because of the recent 16-day government shutdown. Acting IRS commissioner, Danny Werfel said, “Readying our systems to handle the tax season is an intricate, detailed process,...

The last several years have seen the beginning of an exponential shift in the economic prowess of U.S. cities. If you were to ask the average layperson which cities he or she believes are on the rise in terms of not only financial growth, but also sustainability, you might get the standard...

Oakland County is located just to the northwest of Wayne County, home of Detroit in Southeastern Michigan. As the city of Detroit goes through the largest city bankruptcy in U.S. history, Oakland County is flourishing, attracting more residents and adapting to the modern economy. Bloomberg...