Economy

A Canadian official recently threatened to cut off electricity supplies to the U.S. in response to president-elect Donald Trump's proposed tariff on Canadian products.

The Great Lakes shipping industry is bracing for the impact of a potential 25% tariff on Canadian imported goods, as promised by President-elect Donald Trump.

The report found that polluters underestimate the long-term costs of these control methods. But it's still cheaper for polluters to implement band-aid fixes on contaminated sites.

If signed into law, the federal funding would cover the project costs for the 2025 fiscal year. So far, $1.97 billion has already gone into the project.

As Rite Aid stores close across the country, closures in Traverse City leave valuable real estate behind.

In the 2010s, the town of Oscoda, Michigan discovered that parts of the Au Sable River, groundwater, and private wells were contaminated with a chemical known as PFAS. While the town is currently thriving with tourists in the summer, the place originally saw a loss of profits and tourism when the initial contamination was announced.

Many small businesses owners are planning on retiring soon, but finding buyers to keep the businesses going can be a challenge, especially in rural areas.

As the Traverse City Horse Shows continue through the summer, the people it brings in are having a positive impact on the local economy.

Transport Canada and the U.S. Coast Guard have launched a joint investigation to determine what caused the breach on the 72-year-old ship.

As national elections approach, registered Michigan voters were surveyed for data on the economy, education and the state of democracy. The statewide survey revealed insights into their worries about cost of living, the value of a degree and more.