A ballot proposal seeking to raise Michigan’s hourly minimum wage to $15 over several years will appear on the ballot in 2024 after petition signatures were certified, those behind the initiative announced this week.

OBLG has found the number of wealthy Ann Arborites has increased 76 percent in the past decade.

You could be keeping more of your money next year, thanks to inflation and tax adjustments announced by the IRS for the 2023 tax year.

Hundreds of thousands of signatures were submitted Tuesday to the Michigan Secretary of State’s office for a minimum wage ballot measure seeking to land itself in front of Michigan voters in 2024.

A 50-unit affordable housing portion of sustainable housing development in Ann Arbor on Platt Road, The Grove at Veridian, has received $1.5 million in tax credits.

It’s never too early to start teaching your children about money and how it is used every day.

Local 4′s money expert Rod Meloni sat down with LaTonya Edwards, a 53-year-old single working mother of three young men hear more about her financial situation, and to see if any improvements could be made.

Local 4′s money expert Rod Meloni sat down with Jason and Trish Keith from Dearborn to hear more about their financial situation, and to see if any improvements could be made.

Here are some steps that you can take to stretch your money.

The American Dream relies on the idea that anyone in the U.S. has the opportunity to become prosperous and climb the social ladder if they just work hard enough.But is that true for all working people?

County officials are urging anyone struggling to pay rent to apply for CERA benefits.

Place an order for a delicious food truck dinner to support IHN at Alpha House.

The University of Michigan Board of Regents approved the expansion of the Go Blue Guarantee promise to U-M Flint, Dearborn campuses.

📊 Minimum wage debateA hot topic right now surrounds the push to increase the federal minimum wage. While federal minimum wage hasn’t increased since 2009, more than half of the states in the country have minimum wages above the federal floor. Minimum wage facts and figuresPoverty line comparisonFederal minimum wage, as it stands, at $7.25 per hour, working 40 hours per week, amounts to $15,080 per year (gross income). Minimum wage valueAccording to analysis from the EPI, the federal minimum wage is worth 17% less than 10 years ago -- and is 31% less than in 1968, when adjusted for inflation. Source: EPI analysis of historical minimum wage data in the Fair Labor Standards Act and amendments.

Over the next two years, employment and incomes are forecast to increase, with Michigan’s construction and automotive industries expected to see growth. “On the one hand, it is encouraging that the recovery from the COVID-19 recession is likely to create a nearly complete jobs recovery in higher- and middle-wage industries,” the report says. In that scenario, Michigan would end 2022 with 152,000 fewer jobs than it had in the first quarter of 2020—a 3.4% shortfall. In level terms, personal income in 2022 is expected to come in 5.8% higher than in 2019. They forecast a recovery of 22,600 jobs in 2021 and 13,300 in 2022.