Economy

Cash
WKAR File Photo

A downturn in the economy would quickly drain the state’s “rainy day” savings. Michigan Public Radio’s Rick Pluta tells us that’s the determination of an independent analysis.


Mark Meadows photo
File Photo / WKAR-MSU

The East Lansing ballot proposals had a mixed result yesterday. A proposal to cut property taxes was approved, but a measure to create an income tax in the city failed. Because of that, the property tax cut will not go into effect unless an income tax gets voter approval in the future.


Robert Groves and Stephen Hsu photo
Scott Pohl / WKAR-MSU

In the summer of 2011, Michigan State University started a fundraising campaign called Empower Extraordinary. The goal was $1.5-billion dollars by the end of 2018. Today, more than a year ahead of schedule, MSU announced that the goal has been met.


Yelena Kalinsky photo
Scott Pohl / WKAR-MSU

The emergence of competitors like Whole Foods led the East Lansing Food Co-Op to close its doors in January after 41 years of operation. At the time, leaders of the customer-owned enterprise expressed hope that they would be able to re-open at some point. Now, it appears that will not happen.

A room full of people in chairs at the auction.
Katie Cook / WKAR-MSU

A crowd of people gathered in the Lansing Center Tuesday morning to participate in Ingham County’s tax auction.

 

 


East Lansing city hall sign photo
WKAR file photo

There will be discussion of implementing an income tax in the city of East Lansing at a 6 p.m. meeting tonight.


Governor Rick Snyder
Courtesy photo

With just 18 months left in office, Gov. Rick Snyder and a commission he appointed have released recommendations focused on Michigan's economic prosperity.

two flags
Wikimedia Commons

A Michigan-based economist says the American car companies stand to benefit from President Trump’s decision to renegotiate the North American Free Trade Agreement rather than terminate the deal.


Kathryn Edin photo
Courtesy photo

Kathryn Edin, a co-author of the book “$2 a Day: Living on Almost Nothing in America,” will speak in the WKAR-TV studios on Thursday.


Paid sick leave bills introduced by MI Democrats

Mar 2, 2017
Jim Ananich at podium
Michigan Senate Democrats

Democrats in Lansing and President Donald Trump may have finally found an issue they can agree on: paid sick leave.

Rep. Jim Tedder photo
Courtesy photo

State House Republicans are aggressively pushing through an income tax cut and rollback, despite numerous questions raised during a committee hearing about what funding cuts could happen in other areas if the bill passes.

Janell Leonard photo
Courtesy photo

In 2015, Michigan ended a program that gave out millions of dollars in incentives to the film industry. That has meant a change of focus for the Michigan Film and Digital Media Office.


Snyder at lectern
WKAR-MSU

Education, public safety, and paying down the long term debt will be Gov. Rick Snyder’s top priorities when he unveils his 2018 budget today.

Andy Schor photo
Michigan House Democrats

Gov. Rick Snyder is going after Michigan’s mountain of unfunded retiree liabilities. He has created a task force to look into “responsible retirement reform.”

Honda Super Bowl Ad / Honda

Combine big names and the yearning for yesterday and what do you get? The number one Super Bowl ad, according to Michigan State University Department of Advertising professor of practice, Bob Kolt. A voice and face very familiar in the Honda spot was Lansing native and MSU's own, Magic Johnson. 


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