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A bill to cap payday lending fees at 36% annual interest is heading to the Michigan House after passing the state Senate Thursday. We get more from Colin Jackson.
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Ann Arbor’s revenue numbers are looking for the upcoming fiscal year, but city officials say some problems may be on the horizon. WEMU’s Kevin Meerschaert reports.
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Financially troubled Concordia University in Ann Arbor will continue to operate at least through the 2024-25 school year as officials consider having the school operate independently from the Wisconsin campus. WEMU’s Kevin Meerschaert reports.
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Concordia University in Ann Arbor is facing financial problems that will likely lead to cutbacks of staff and programs. WEMU’s Kevin Meerschaert reports.
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Having a financial plan in place can make a real difference in achieving life goals. Money management can be stressful and emotional. That’s where Eboney Byrne comes in. She is the founder of Liberty Financial Services in Ypsilanti, and she makes it a mission to meet people where they are and deal with the emotions of personal finance in order to find the plan for the future that works. Learn about the difference Eboney is making for people and organizations in Ypsilanti in today's "On the Ground Ypsi" with Concentrate Media's Rylee Barnsdale.
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Governor Gretchen Whitmer continued a new Michigan holiday tradition in pardoning a turkey Wednesday. Colin Jackson has more.
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The Michigan Senate adopted ethics bills Wednesday to help bring the Legislature into compliance with the Proposal 1 constitutional amendment approved last year by voters. We have more from Rick Pluta.
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Historically speaking, women have been undervalued and have lacked equal opportunity and pay. As we mark Women's History Month, we explore the importance of being financially literate and articulate as the quest for equity and equality continue. Melissa Joy from Pearl Planning, in Dexter, joins WEMU's David Fair to discuss running a woman-owned business and helping prepare a generation of women for their financial futures.
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Proposal One is one of the three constitutional amendments that Michiganders will see on the November ballot. The Ann Arbor Ypsilanti Chamber of Commerce hosted an event to explore both sides of the debate. WEMU’s Josh Hakala reports.
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For those who need to take a payday loan to help meet financial obligations, it can be crippling. With interest rates averaging 370% in Michigan, just paying the loan back creates a cycle of debt that can be near impossible to escape. The "Stop the Debt Trap" petition drive is seeking to limit those interest loan rates to a maximum of 36%. WEMU's David Fair spoke with the group's Josh Hovey about the effort to get the initiative on the November ballot and why it's so important for all too many in Washtenaw County and around the state.