michigan

There has been a pleasant lull in reporting about the debt ceiling and budget debate, but don't let the quiet fool you. Right now, 11 men and one woman are crafting a plan to reduce the federal budget deficit by $1.5 trillion over 10 years. They are the members of the Joint Select Committee on Deficit Reduction -- aka, the Deficit Supercommittee.

Lotteries are big businesses in most states, and they can provide windfalls for both the winning ticket-holders and state coffers. But which states give the most back to ticket-holders and through government services?

Unemployment has been slipping, according to a new U.S. Labor Department report Friday. But what about underemployment? According to a new Gallup poll released Friday, national underemployment averaged 19% last year, and Illinois, California and Michigan had the highest rates.

U.S. President Barack Obama on Thursday proposed that the government auction off its portion of the wireless spectrum to private companies to boost access to high-speed Internet and cut the federal budget deficit.

It has become clear to politicians and scientists that corn-based ethanol isn't the solution for creating a home-grown fuel source. Enter "cellulosic ethanol," made from wood chips, weeds or algae. Could it be the fuel of the future?

The automaker plans to roll out its first all-electric passenger car in 20 U.S. cities late next year.

The explosive popularity of alcoholic energy drinks laced with caffeine, guarana and other body-tricking stimulants, combined with a series of incidents involving young consumers who suffered serious -- some nearly fatal -- health effects after drinking them, has led Michigan to issue a statewide...

General Motors plans to invest $190 million in its Lansing Grand River assembly plant where it will build a new Cadillac model, resulting in 600 new jobs and the addition of a second shift.

Ford, General Motors and Chrysler have been granted a combined $2.1 billion in tax breaks to invest in 17 new projects in Michigan, the state's economic development agency said Tuesday.

Ford Motor (F) plans to spend $850 million during the next three years to improve and expand plants in Michigan that will result in in 1,200 new full-time jobs, the automaker said Monday. The capital improvements are part of the company's plan to upgrade its facilities in the state, increase the...