Markets & Cost Trends

31 stories

Michigan Apple Growers Report Strong 2026 Harvest and Larger Fruit

Michigan apple growers are seeing bigger apples and solid quality in the 2026 harvest. Honeycrisp and Pink Lady varieties are gaining ground, and retailers are gearing up for more apple promotions this fall.

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Metro Detroit Luxury Market Pulse launches to track high end housing trends

Realtor Mo Thweny is rolling out a new report to give buyers and sellers a close look at luxury home sales and buyer activity in West Bloomfield, Novi, Birmingham, Northville, and other top Metro Detroit communities starting September 2026.

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Michigan Proposal 2: Voters Weigh Campaign Money Limits Amid Daily Struggles

This November, Michigan voters face Proposal 2, a plan to curb political donations from utilities and big contractors. But with rising costs hitting families now, the real impact of the measure may not show for years.

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Five Below agrees to $179,500 settlement over pricing violations in Michigan

Five Below will pay $179,500 to Michigan after state investigators found repeated overcharging and missing price tags at stores in Southeast Michigan. The retailer must now implement stricter pricing controls and undergo independent audits.

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Michigan Pension Funds Shift Billions Toward Bonds and Private Credit

Michigan's largest pension systems are moving billions from equities into high-quality bonds and private credit, reshaping investment strategies for public funds and foundations across the state.

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Michigan fuel prices hit record highs as diesel tops $6.50 per gallon

Drivers across Michigan are seeing steep increases at the pump, with diesel reaching $6.54 per gallon and gasoline nearing $5 in some areas. The spike is raising concerns about rising costs for households and businesses as global conflicts disrupt oil supplies.

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Michigan Farm Bureau Presses Washington for Clear Support Amid Rising Imports and Policy Shifts

Michigan Farm Bureau President Ben LaCross is urging federal officials to take a clear stand for American farmers, citing policy confusion and growing imports as threats to Michigan agriculture and food security.

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Michigan Data Center Campus Valued Up to $1.25 Billion as Hyperscale Data Weighs Next Move

Hyperscale Data is considering a sale, IPO, or further expansion after its Michigan data center campus was valued at up to $1.25 billion. A new long-term contract and expansion options are shaping the company's decision.

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US Consumer Sentiment Drops as Fuel Prices and Inflation Weigh on Households

The University of Michigan's latest survey shows consumer sentiment has fallen to its second-lowest level on record, with rising fuel prices and inflation expectations driving the decline and raising the likelihood of a Federal Reserve rate hike.

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Talon Metals Shifts Focus to Michigan's Humboldt Mill, Drops North Dakota Plant Plan

Talon Metals has dropped its plan for a new processing plant in North Dakota and is now considering Michigan's Humboldt Mill for ore from its Tamarack project. A final decision will follow a feasibility study expected by the end of 2026.

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Michigan Faces New Global Pressure in Automotive Investment Decisions

Michigan is now competing with regions in the South, Mexico, Europe and China for automotive projects as companies weigh costs, speed and site readiness before investing in new or existing facilities

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Request Foods expands frozen meal production in Holland Michigan

Request Foods has increased its frozen food manufacturing capacity in Holland with support from the Michigan Business Development Program, adding new single-serve meal lines and investing in workforce training to meet changing market demand

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Fifth Third Bank finalizes Comerica merger and updates customer access

Fifth Third Bank has completed its merger with Comerica Bank, moving 600000 accounts and nearly 300 branches to its system. Former Comerica customers now face new login steps and expanded branch access across five states.

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Michigan Awards 2 Million Dollars for Local Food and Farm Expansion

The Michigan Department of Agriculture and Rural Development is distributing 2.3 million dollars in grants to 28 organizations to expand food production, create jobs and improve access to local foods across the state

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Canada Imposes New Tariffs Targeting Michigan Exports and Jobs

Canada's latest tariffs on U.S. goods have taken effect, directly threatening Michigan's manufacturing, agriculture and small businesses as the state's largest export customer responds to U.S. trade actions

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Michigan Faces Higher Heating Costs as Iran Conflict Drives Energy Uncertainty

Michigan households may see higher winter heating bills as the ongoing Iran conflict disrupts global energy markets. With 77 percent of homes using natural gas and rural areas dependent on propane, residents face new risks despite strong U.S. supplies

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Michigan Gas Prices Top $4 for Labor Day, Up Sharply From 2025

Drivers across Michigan are paying more than $4 per gallon for regular gas this Labor Day weekend, a significant increase from last year. AAA attributes the rise to global oil market disruptions and offers tips to help residents save.

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U.S. Forms Oil Partnership in Venezuela With Pentagon Stake

The White House has announced a new partnership with North American Blue Energy Partners to create a U.S.-backed oil company in Venezuela, giving the Pentagon a 35% stake and the State Department rights to purchase a portion of the output at cost.

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G20 Finance Leaders Meet in Asheville Amid U.S. Tariff and Iran Tensions

Treasury Secretary Scott Bessent is hosting G20 finance ministers in Asheville, North Carolina, as the U.S. seeks support on Iran and faces strained trade relations with key allies. The meetings follow renewed hostilities and recent hurricane recovery efforts.

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Six Months Into Iran War, Economic Impact Hits Travelers and Consumers

Half a year after the U.S. and Israel began military action against Iran, global markets have stabilized, but higher fuel and travel costs are affecting everyday Americans while some investors and defense companies see gains

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Colorado River Water Cuts Leave Western Towns and Farms Facing Uncertainty

A new federal plan to reduce Colorado River water use is forcing Arizona towns and farmers to reconsider their future, as reservoirs hit record lows and legal battles intensify over shrinking supplies

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Fed Chair Warsh Warns Interest Rate Hikes May Be Needed to Tame Inflation

Federal Reserve Chair Kevin Warsh signaled that further interest rate increases could be on the table as U.S. inflation remains above the central bank's 2% target, raising questions about the timing and impact of future Fed decisions.

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Key Inflation Gauge Stays High as Gas and Service Costs Weigh on Households

A federal inflation measure remained at 3.7% in July, with persistent high prices for services and gas affecting American families. Upcoming changes to how inflation is calculated could lower future readings, but relief remains uncertain.

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Canada Imposes $20 Billion in Tariffs on U.S. Goods Amid Trade Dispute

Canada has enacted retaliatory tariffs on a wide range of American products valued at $20 billion, escalating a trade conflict with the United States and raising concerns for businesses and consumers ahead of the U.S. midterm elections.

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US-Canada Trade Dispute Raises Tariffs and Uncertainty for Businesses

The United States and Canada have imposed new tariffs on each other's goods, escalating a trade dispute that could impact $20 billion in imports and key industries. Both governments say they are prepared for further action if negotiations fail.

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Middle-Class Income Thresholds Rise Sharply in California Cities

New research shows that in several California cities, households now need incomes approaching $300,000 to be considered middle class, as housing and living costs continue to outpace wage growth across the state.

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Recent Home Sales in Wallingford: August 2026 Transactions

Wallingford, Connecticut saw a range of residential properties change hands in early August 2026, with sale prices from $207,000 to $740,000. Here's a look at the latest transactions reported by Zillow.com

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Recent Home Sales in Stratford Reflect Active Local Market

Residential property sales in Stratford have remained steady, with multiple homes closing between August 7 and August 14, 2026, according to data from Zillow.com. Sale prices ranged from $410,000 to $845,000 across several neighborhoods.

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10 Most Affordable Cities to Live in California Ranked for 2026

A new analysis from Houzeo highlights ten California cities where home prices and living costs remain below state averages, offering residents more attainable housing options and lower expenses compared to much of the state

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California Wineries Remove Vineyards as Wine Sales Hit 20-Year Low

California wine growers are pulling out and burning vineyards as national wine sales drop to their lowest point in decades, with shifting consumer habits and health concerns driving the decline

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