Amidst tightening lending and heightened antitrust scrutiny, large M&A deals take a backseat, but smaller transactions are on the rise. According to Crain’s Detroit Business, Michigan saw a notable decline in billion-dollar M&As from 10 in ’22 to 4 in… Continue Reading  

Do you see an application for Apple Vision Pro in your enterprise? Exciting times ahead with virtual reality! From transforming how we shop to revolutionizing corporate training, VR technology is taking industries by storm. Apple’s latest innovation, the Apple Vision… Continue Reading  

There is a growing belief in America that a college degree is not worth the cost or that it is not vital to landing a successful job. Michigan is taking steps to change the negative perceptions by making college affordable… Continue Reading  

This Sunday’s Super Bowl showdown between the 49ers and Chiefs is in Las Vegas, but the players are staying in the nearby, once-struggling community, Lake Las Vegas. Learn about the city’s fascinating transformation from bankruptcy to playing host to football’s… Continue Reading  

Michigan continues to fall behind other states in per capital personal income. Although Michigan had the 16th-highest per-capita personal income in 1999, as of 2022, it ranked 39th overtaken by states like Ohio, Wisconsin and Indiana. In a recent report… Continue Reading  

What are the economics of hosting a National Football League (NFL) playoff game for franchises? After a 32-year drought, the Detroit Lions are finding out with (at least) two home playoff games. Patrick O’Keefe provides a breakdown of the NFL’s… Continue Reading  

The holidays are in full swing, and a new year is fast approaching. Which means an onslaught of holiday shopping both in-store and online. Even with credit card balances and rates at an all-time high, shoppers are expected to spend… Continue Reading  

American consumers lost approximately $3.8 billion to investment fraud in 2022 according to the U.S. Federal Trade Commission (FTC). Michigan ranked #19 nationwide with $38.6 million lost and 412 victims due to investment scams. That’s an average of $94,000 per… Continue Reading  

Pounded by remote work and declining tenant demand for space, the US office sector experienced an office vacancy rate of 18.4% in the third quarter of this year. Although return-to-office mandates are increasingly common, companies are rapidly downsizing their offices…. Continue Reading  

Despite 22-year record-high interest rates and ongoing murmurs of recession, consumer spending this holiday season is expected to increase year-over-year from 2022. Wherever the data lands, holiday spending will be a great insight into consumers’ financial health and offer broader… Continue Reading