Michael Gerstein

Michael Gerstein is a freelance writer based in Chicago. He's written for the Associated Press, Detroit News, Santa Fe New Mexican and other outlets.

Supply Chain Issues, Inflation Driving Up Costs, Stoking Recession Fears

The price of everything from gasoline to chicken has risen substantially, with record inflation leaving fears of a recession in its wake.

Report: Most Michigan businesses pay $0 corporate income tax

A report based on information from the Michigan Department of Treasury says a significant number of corporations don't pay state corporate income tax.

To Go or Not To Go

Travel industry expected a 2022 rebound. Then Russia invaded Ukraine.

Supply Issues Nagging Metro Detroit Real Estate Market

Like many areas of the economy, supply issues are dragging down the Metro Detroit home market.

City Officials Thrilled About 2024 NFL Draft, Eye Influx of Tourism Business

Detroit officials are likening landing the 2024 NFL Draft to Mardi Gras, Championship Parade "rolled into one."

Economists: Intel’s $20B Ohio plant a drop in the bucket as Congress debates CHIPS Act

As Russia’s incursion into Ukraine brings the world’s computer chip shortage into even sharper relief, tech company executives, trade associations and governors are urging Congress to pass a bill that would allocate $52 billion in subsidies to expand domestic semiconductor manufacturing. On Wednesday, Intel CEO Patrick Gelsinger testified before the U.S. Senate Commerce Committee, arguing that federal lawmakers should approve the subsidies. Gelsinger told Fox...

How the war in Ukraine could worsen the U.S. computer chip shortage

Companies around the country have been struggling for months to get their hands on computer chips. The war in Ukraine could make the problem worse.

Experts: War in Ukraine Could Shock Prices Even Higher

Experts are saying the war in Ukriaine could continue to balloon prices and add more stress to an already-strained supply chain.

Economists: Pandemic Has Freight Rates Rising and Truckers Earning More

The pandemic is raising rates for freight transportation, leading to wage gains for truckers and putting more freight handlers on the road.