Blog categorized as Economy

Bill Would Require Payday Lending Practices Reporting

03/30/23 01:09 PM - By Team MIRS - Comment(s)
Bill Would Require Payday Lending Practices Reporting
A Rep. Jennifer Conlin (D-Ann Arbor) bill requiring a yearly report on payday lending practices in Michigan was recently introduced in the House.

Palisades Looking For $300M From State To Reopen

03/24/23 06:28 AM - By Team MIRS - Comment(s)
Palisades Looking For $300M From State To Reopen
The Gov. Gretchen Whitmer administration is being asked to spend $300 million to cover the costs of reopening the Palisades nuclear power plant in Van Buren County's Covert Township, MIRS has learned.

Bank Collapses Are Common, Investor Fear Is The Real Danger

03/22/23 03:49 PM - By Team MIRS - Comment(s)
Bank Collapses Are Common, Investor Fear Is The Real Danger
The Silicon Valley Bank and Signature Bank collapses themselves didn’t present a threat to the economy, but investors' fear of losing money is a real threat.

MSHDA, Treasury Say No Problems In Michigan With Bank Collapses

03/17/23 05:07 PM - By Team MIRS - Comment(s)
MSHDA, Treasury Say No Problems In Michigan With Bank Collapses
The Michigan State Housing Development Authority and the Department of Treasury are double-checking to make sure the collapse of Silicon Valley Bank and Signature Bank didn't impact their portfolios, but at first blush officials don't believe it did.

State Gov's Work-From-Home Policies Vary By Department

03/11/23 09:56 AM - By Team MIRS - Comment(s)
State Gov's Work-From-Home Policies Vary By Department
Most state government workers are still working a combined in-person/remote work schedule post-COVID-19, according to work-from-home rules obtained by MIRS.