Economy

As many as 11 Great Lakes shipping vessels near Sault Ste. Marie have been delayed due to icy conditions since the shipping season got underway Wednesday morning with the opening of the Soo Locks.

A recent economic impact report shows businesses in northwest Michigan are experiencing a workforce shortage even with recent growth.

A key waterway in the Middle East known the Straits of Hormuz is blocked off because of the war, which is preventing large amounts of oil, natural gas and nitrogen-based fertilizer to get through.

Michigan has lost thousands of farms in recent years as farmers retire or sell their land. A new program connects aspiring farmers with farmers looking to retire so those farms might continue.

President Donald Trump says his tariffs are the reason the country's trade deficit has decreased and claims he's revived Detroit's auto industry — though companies have had mixed success recently.

Winter holiday festivals have become a regular way to grow revenue for America’s smallest towns. And with more people shopping online, those events are key to pulling people away from their screens and into stores.

Officials in rural areas and small cities reported the highest levels of financial discomfort in a new study from the University of Michigan that surveyed 1,328 counties, cities, villages and townships.

A national survey found the smallest business owners are feeling less confident as they close out the year. Inflation, tariffs and shifts in consumer spending are some of the reasons why.

Coffee has gotten a lot more expensive in the U.S. as tariffs seep into the price tag. Even as the Trump administration considers offering some tariff relief, that's putting a strain on roasters, who have no choice but to pass on some of the extra cost to coffee drinkers.

The decision comes after years of outcry from some farmers that the cost of labor, transportation and housing for H-2A workers was making it impossible to break even.