Economy

Trump Signs Executive Orders on Unemployment, Student Loans, Evictions, Payroll Tax

President Donald Trump signed four executive orders Saturday aimed at unemployment relief, a payroll tax break, student loans and protecting Americans from eviction.

Tourism, Hospitality Businesses See Customers Shift Their Spending to Other Locations As a Result...

Travel-business operators, industry experts and economists generally agree that consumers will seek wide-open spaces rather than big cities for their next vacation.

Expert: Business Conditions Index Shows ‘Resilience’ Within Michigan, Nationally

Michigan's resilience remained a part of the story for the second quarter of 2020, according to the recently released Q2 Citizens Business Conditions Index.

Unemployment Claims Up For Second Straight Week

First-time unemployment claims were up more than 1.4 million last week, the second straight week of rising claims following 15 weeks of falling numbers.

Economists: ‘Prepare for a Worsening 2020’ Until a Vaccine is Ready

After a historically bad second quarter, economists agree the next few months are going to be challenging for the U.S. economy.

Casinos to Reopen, Northern Bars Closed to Indoor Service

Gov. Gretchen Whitmer is expected to sign an executive order today that allows Detroit casinos to reopen at 15% capacity and close indoor service in bars in Northern Michigan.

Michigan 3rd in PPP Loans As Application Deadline Looms

With an Aug. 8 application deadline looming, Michigan has seen the third-highest number of loans and dollars in the region from the federal Paycheck Protection Program.

Event Planners Creating More ‘Unhurried Happenings’ to Draw Shoppers, Tourists Back to Socially Distanced...

Event planners and tourism industry officials are finding new ways to host major experiences that allow folks to get out and visit, while social distancing at the same time.

Cleaning, Sanitation Companies Find Themselves in the Spotlight and with More Business Than Ever

With such a high premium on cleanliness and sanitization in the age of COVID, companies that provide cleaning services are getting new attention and high demand.

Researchers: PPP Loans Saved Up to 3.2 Million Jobs

It ran into some issues in the beginning, but researchers from MIT say the federal Paycheck Protection Program saved as many as 3.2 million jobs.

Unemployment Claims Take a Slight Climb

For the first time in weeks, the number of American workers filing first-time unemployment claims took a slight tick up.

Reports: Senate Stimulus Package Coming Today

Senate Majority Leader Mitch McConnell is expected to reveal the contents of the Senate's latest coronavirus relief package today.

Supply-Chain Struggles Put Retailers, Small Businesses in a Pinch to Keep the Shelves Stocked

Experts say issues surrounding supply chains and customer-service problems, which have been prevalent silnce COVID-19 broke out, could haunt entrepreneurs into 2021.

Unemployment Claims Drop Again, But 1.3 Million More Americans Filed

First-time unemployment claims dropped for the 15th straight week, but some 1.3 million American workers still filed for assistance last week.

Retailers Shutter More Doors as Malls Brace for Further Blows

A spate of American retailers have announced closings or even filed for bankruptcy, and shopping malls could feel the biggest impact.

Applications Live for Business, Agricultural Grant Programs

Applications have gone live for a pair of grant programs designed to help small businesses, nonprofits, farms and food processors recover from the impact of COVID-19.

10 Minutes With: Governor Talks COVID-19 Response

Michigan Gov. Gretchen Whitmer sat down with Corp! Magazine to talk about executive orders, wearing masks and the state's response to the COVID-19 pandemic.

To Offset a Slowdown, Tourism Companies Find Creative Ways to Connect with Customers, Employees

As the coronavirus slowdowns continue for tourism and tourism-related firms, some businesses are taking up creative means of getting in touch with their customers and finding new ways to serve them during these challenging times.

Whitmer Extends State of Emergency Through Aug. 11

With COVID-19 cases rising in every region in the state, Gov. Gretchen Whitmer Tuesday signed an executive order extending the state of emergency in Michigan through Aug. 11.

Michigan’s Mask Mandate Results in Retailer Concerns, Conflicts in Executive Order’s First Days

Gov. Gretchen Whitmer's executive order making the wearing of masks mandatory in public indoor spaces and crowded outdoor venues was greeted largely with acceptance -- with a bit of violence mixed in -- after going into effect Monday.
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