Latest inflation news from MLive
Homelessness jumped in 10 Michigan counties. What’s being done about it?
More people are experiencing homelessness in the northwest corner of Michigan as affordable housing has become harder to find. The region saw homelessness increase by 56% from 2021 to 2022, the latest state data shows, going from 940 to 1,471 people. That’s the biggest jump in the state compared to 47% in the Upper Peninsula, 31% in the Detroit area and 21% in West Michigan.
Inflation resources
What do Florida’s famous oranges and Donald Trump have in common?
As Trump's problems mount, so do those of orange growers in his adopted state of Florida.
Credit Karma: With ‘cost of living creep’ causing major financial roadblocks, employers should prioritize fair wages, benefits
With inflation, high interest rates and stagnant wages, cost of living creep has impacted how people save money, pay off debt and provide financial support to their families.
Tax filing deadline is today: 3 stories you need to read as tax season comes to an end
If you are like the nearly 30% of Americans who wait until the last minute to file their taxes, you aren’t alone, but you are cutting it close.
Two truths and lie: Fact-checking claims surrounding Biden’s economic progress
From record-breaking Black entrepreneurship to job growth claims, Reckon uncovers the reality behind President Biden’s touted economic achievements.
Homelessness jumped in 10 Michigan counties. What’s being done about it?
Homelessness in Northern Michigan jumped, according to state data, but there are several factors behind the rising numbers.
Michigan gas prices jump 26 cents in a week, setting high for 2024
A power outage at an Indiana oil refinery is partly to blame for the higher prices at the pump.
Internet bills could rise for 937,000 Michigan households this spring
The federal Affordable Connectivity Program that helps lower monthly internet bills is almost out of money.
When rent quadruples: Why record numbers of Americans can’t afford housing
Monthly rent has outpaced income across the U.S., and forced many to make tough decisions between everyday necessities and a home. In turn, a record number of people are becoming homeless and evictions filings have ratcheted up as pandemic-era eviction moratoriums and federal assistance ends.
New SNAP work rules waived in Michigan for another year
A federal law that implemented SNAP work requirements for older adults has been waived in Michigan again.
Michigan EV battery research project lands $60M federal grant
The Southfield-based project, a collaboration between Ford, General Motors and Stellantis, is focused on developing technologies that will improve battery performance and manufacturing.
Michigan’s double-digit rent increase ranks third highest in the nation
As rents are stabilizing nationally, they climbed another 12.5% in Michigan last year.
How to stay on track to meet your financial goals in 2024
According to a recent survey conducted by Bankrate, 63% of consumers who participated in the study report that they don’t expect their financial situations to improve in 2024.
Last year bucked recession fears. How’s 2024 looking for Michigan?
“The predictions for 2024 are not stellar, they are not horrible, they are OK," said Antionio Doblas Madrid, a Michigan State University economics professor.
‘Your student loan has been forgiven’ emails go to nearly 29,000 in Michigan
Thousands of Michigan student borrowers are getting an email about debt forgiveness from President Joe Biden this week.
Climate crisis hotspots are concentrated in the South
Experts cite poverty, heavy industry and vulnerability to major storms as key reasons
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