Business and Economy

  1. Shop til you stop

    Consumers, flush with money they did not spend last year, want to splurge in 2021. So what are the present realities for the second holiday shopping season affected by the pandemic? Michigan Ross experts weigh in.

  2. Alumna’s Black-owned bookstore blends culture, community in Flint

    The Comma Bookstore & Social Hub, owned by Flint native and UM-Flint graduate Egypt Otis, is a rarity — fewer than 6 percent of U.S. bookstores are owned and operated by Black entrepreneurs.

  3. Two-thirds of local leaders see Michigan moving in the wrong direction

    The combined crises of the past year have darkened the attitudes of local government leaders, according to the first results of U-M’s 2021 Michigan Public Policy Survey.

  4. University lifts spending restraints imposed during pandemic

    The decision follows the approval June 17 of the University’s consolidated budget plan for the coming fiscal year. That budget includes funding for a modest salary program for University employees and a $15-an-hour minimum wage for regular U-M employees on all campuses.

  5. State House proposal would slash budget for Ann Arbor campus

    A Michigan House committee moved forward a higher-education budget bill May 5 that would radically change state-funding for U-M Ann Arbor, including a loss of some $40M in the next fiscal year.

  6. Detroit: Olympic city?

    The fate of the delayed 2020 Tokyo Olympic Game seems more uncertain than ever due to the pandemic. Detroit has long sought to host the games. Will it ever happen?

  7. How popular is Robin Hood, anyway?

    As global income inequality continues to rise, public policy expert Charlotte Cavaillé explores the concept of ‘fairness’ and the politics of income redistribution.

  8. Forecast 2021: Presidential politics

    As a new presidential administration gets to work, U-M experts explore the myriad crises that Joe Biden and his team face, from a lack of trust in government to the relentless COVID-19 pandemic.

  9. Paul Milgrom, BA ’70, awarded Nobel Prize

    The 2020 Nobel Prize in Economic Sciences recognizes Milgrom’s work in improving auction formats. He and fellow researcher Robert Wilson were awarded the prize for their research about auction theory.