financial crisis

Ecorse, about 15 minutes south of Detroit, is facing major financial challenges. The city could run out of cash by the end of this month. On this episode, we hear how Ecorse ended up here — and its options for digging itself back out.

One of President Donald Trump’s top goals is to repeal the Dodd-Frank financial regulations. He calls Dodd-Frank a “disaster.” Trump says many friends of…

There is a lot of controversy surrounding Michigan’s use of emergency managers. The Flint water fiasco, the decline of the Detroit Public School system –…

Governor Snyder has made it official: Wayne County is in a state of financial emergency.County Executive Warren Evans had asked for the declaration.Wayne…

The latest Michigan community to fall into financial collapse is the tiny half-square mile community of Royal Oak Township, in Oakland County.Late last…

It’s hard to be shocked by anything relating to Detroit’s financial crisis. But frankly, I was, when I read the details of the report Emergency Manager…

City of Hamtramck facing a financial emergencyFollowing a state review, Governor Snyder has confirmed that the city of Hamtramck faces a financial…

Update 4:58 pm:State Treasurer Andy Dillon says the district’s money problems are deep and troubling. He says the state will advance the school district…