Finance & Economy

Money, manufacturing muscle, and the deals moving Michigan.

Wixom Nails: The Card Reader That's Always Down: What Every Owner Should Know About Payment Apps and the IRSFinance & Economy

Wixom Nails: The Card Reader That's Always Down: What Every Owner Should Know About Payment Apps and the IRS

When the card reader is conveniently down and everyone is asked to pay by Zelle, Venmo, or cash, the money is easy to leave off the books. Here is why that habit raises concern with the IRS, and why the trail is never as invisible as it looks.

Auto-Supplier Stocks Are Whipsawing — And Michigan Feels Every SwingFinance & Economy

Auto-Supplier Stocks Are Whipsawing — And Michigan Feels Every Swing

The suppliers that keep Michigan employed are trading like tech stocks lately. The volatility says a lot about where the industry thinks it's headed.

Heaven Nail & Spa: The Charge That Doesn't Show Up: What Every Nail Salon Owner Should Understand About TaxesFinance & Economy

Heaven Nail & Spa: The Charge That Doesn't Show Up: What Every Nail Salon Owner Should Understand About Taxes

Charging part of a service on the card and quietly collecting the rest off the books has a name, skimming, and it is one of the surest ways to raise concern with the IRS. Here is why it is riskier than it looks, and what honest owners do instead.

Bloomfield Nails and Spa of Troy: The Card Reader That's Always Down: What Every Owner Should Know About Payment Apps and the IRSFinance & Economy

Bloomfield Nails and Spa of Troy: The Card Reader That's Always Down: What Every Owner Should Know About Payment Apps and the IRS

When the card reader is conveniently down and everyone is asked to pay by Zelle, Venmo, or cash, the money is easy to leave off the books. Here is why that habit raises concern with the IRS, and why the trail is never as invisible as it looks.

Michigan Wages Are Rising Faster Than The Cost Of Living — BarelyFinance & Economy

Michigan Wages Are Rising Faster Than The Cost Of Living — Barely

For the first time in years, the average Michigan paycheck is gaining ground on prices. The lead is real, and it is thin.

What Changed This Tax Season For Michigan HouseholdsFinance & Economy

What Changed This Tax Season For Michigan Households

New state credits and a revamped filing system reshaped refunds this spring. Here's who came out ahead — and who owes more than they expected.

Michigan Shoppers Opened Their Wallets This Holiday SeasonFinance & Economy

Michigan Shoppers Opened Their Wallets This Holiday Season

Retailers across the state reported one of their strongest holiday stretches in years, with spending tilting toward experiences and local goods.

Detroit's Homegrown Fintech Is Coming For Your BankFinance & Economy

Detroit's Homegrown Fintech Is Coming For Your Bank

A cluster of financial-technology firms rooted in Detroit is building tools for the underbanked — and quietly reshaping how the region handles money.

Tourism Is Becoming One Of Michigan's Most Serious IndustriesFinance & Economy

Tourism Is Becoming One Of Michigan's Most Serious Industries

Record visitor spending on the state's lakes, trails, and cities is turning a seasonal pastime into a year-round economic pillar.