I am writing today to announce the closure of the Michigan Messenger. After four years of operation in Michigan, the board of the American Independent News Network, has decided to shift publication of its news into a single site, The American Independent at Americanindependent.com. This is part of a shift in strategy, towards new forms [...]
An abstinence-only presentation provided to numerous school districts in Calhoun and Eaton Counties in October of this year provided false and misleading information to students about HIV, experts allege.
Two county registers of deeds filed a class action lawsuit Monday on behalf of Michigan’s 83 counties alleging that the Mortgage Electronic Registration Services owes millions of dollars in property title transfer taxes.
Despite evidence of the impact of mercury on children and public health, Michigan Attorney General Bill Schuette last month joined with 24 other state attorneys general in filing a lawsuit to scuttle new EPA regulations that would reduce mercury emissions from power plants.
A new poll conducted by the Detroit News and WXYZ showed widespread pessimism among Michigan residents over our economic future. AP reports:
Lansing Mayor Virg Bernero appeared on CBS’ The Early Show on Tuesday and warned that if the federal government does not provide a rescue package for the auto industry, the United States will slip into an economic depression.
As part of the restructuring plans presented to Congress, Ford and General Motors are both planning significant cuts in new car production due to lower sales projections. Automotive News reports:
The American automakers are not the only ones being hit hard by dramatic sales decreases in America and around the world. Automotive News reports that Toyota is cutting bonuses, production and management salaries in order to stay financially healthy as the world slips further into recession:
The monthly losses in American auto sales accelerated in November, more than doubling the yearly average across the board. Automotive News reports the figures, which compare November 2008 sales to November 2007 sales and also sales for the first 11 months of 2007 to the first 11 months of 2008 in the United States.
When I read in a U-M economic forecast compiled by the Research Seminar in Quantitative Economics that we’re not in a recession, just experiencing slowing in economic growth, I wanted to know the specifics. So I read on until it explained quite plainly what’s holding us back from falling off the edge into a good [...]
Things are looking rough out there when prom dates can agree with Warren Buffett on the economy. Thousands of dock workers stayed home, West Coast ports shut downThis past week saw the first of what could become a larger protest movement across the country against the war. What would happen to the economy if ports [...]
Every month in his offices in Ann Arbor, Richard Curtin checks the pulse of the American economy by asking John and Judy Doe how they see their financial prospects. Curtin has headed the University of Michigan (UM) Surveys of Consumer Sentiment since 1976 and has taken this time-tested, yet little understood economic tool worldwide. It [...]
Only six months ago, analysts referred to Michigan as being in a “one-state recession.” A lot can change in six months. What seemed Michigan’s unique economic hardship went national as the housing bubble burst. And what seemed a singularly U.S. problem with loose subprime mortgage lending went global as investments failed. U.S. consumer confidence fell [...]
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