WASHINGTON DC - U.S. employment rebounded last month on robust public education and other service-sector hiring, and August payrolls were revised sharply higher, providing further evidence that while the U.S. economy may slow somewhat because of the housing crunch, a recession is not in sight. The figures, which included an acceleration in wage growth, will
LANSING - The administration of Governor Jennifer Granholm will not ask for more tax increases in the future, even if the state budget is still short of revenue, Treasurer Bob Kleine said in a radio interview Tuesday. Even if revenues for the 2008-09 budget are down by some $300 million to $500 million, that would
LANSING ? The State of Michigan won national recognition for three programs, including its Michigan.Gov web site, a two-year project that gave residents and businesses more online services and information. The awards came from the National Association of State Chief Information Officers. Other Michigan programs winning awards included: Data Center Migration: A project that consolidated
HUDSONVILLE ? The West Michigan Strategic Alliance will host a day-long seminar Oct. 18 at the Pinnacle Center that will examine the steps taken on the path to a greener economy. The Natural Connections Summit 2007 will take a look at green infrastructure success stories that come from the trails, forests, parks, wetlands, rivers, and
LANSING - Michigan government did shut down at midnight on Monday, but the shutdown was short lived as the Legislature completed action on a series of bills that created a financial package for the 2007-08 fiscal year as well as established a 30-day continuation budget. The shutdown technically did not end until Gov. Jennifer Granholm
LANSING - In all the drama and anguish leading to the conclusion of the revenue agreement for the 2007-08 Michigan budget, probably no one expected that the final compelling drama would come down to an immediate effect vote. But in fact, the entire financial plan hung in the balance when the Senate scrambled to negotiate
LANSING - Wall Street rating agencies expressed tentative approval of Michigan?s action to raise taxes to help keep the budget balanced, saying it could have a positive effect on the state's overall credit rating. Standard & Poors and an analyst for Moody's Investors Services said the decisions should help prevent any disruptions in the payment
LANSING - Businesses will get a multimillion-dollar break under the state's new Michigan Business Tax, though not as much as earlier versions in the first 10 years that it would apply as the Senate took action on HB 5104 Friday. In addition to phasing in over a 10-year period the full benefit of the break
LANSING ? Gov. Jennifer Granholm took to the airwaves Thursday night to urge the state's residents to pressure legislators to put aside partisan politics and come up with a budget solution that keeps Michigan government from shutting down Oct. 1, when the new fiscal year begins. By law, Michigan can not write a check without
DETROIT - General Motors Corp. and the United Auto Workers early Wednesday morning announced a tentative agreement on a new national contract for about 74,000 U.S. auto workers that includes a historic restructuring of GM's obligations for UAW retiree health care and sets up a mechanism for GM to buyout many of its current workers