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Business Spotlight

MBN Speakers Series | Join Michigan's U.S. Senators for Lunch This Friday!

Michigan Business Network
February 6, 2023 10:00 AM

Lansing, MI, – Michigan Business Network continues its tradition of hosting speaker series events: proud to offer its next program this Friday, February 10, 2023. This Business Luncheon is set for the Crowne Plaza Lansing West.
Time is short, tickets are limited, BUT still available!
 
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PNC Chief Economist Gus Faucher: Huge January Jobs Number, Lowest Unemployment Rate Since 1969

Michigan Business Network
February 3, 2023 1:00 PM

Complicate Fed Efforts to Slow Inflation
  • Employment rose by 517,000 in January, the biggest increase since July. There were also upward revisions to job growth throughout 2022.
  • The unemployment rate fell to 3.4%, the lowest rate since 1969.
  • Job growth was broad-based across industries.
  • The labor market is extremely strong in early 2023.
  • Given continued strength in the labor market, the FOMC will continue to increase the fed funds rate in the near term to slow job growth and cool off inflationary pressures.
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MBN Speakers Series | Join Michigan's U.S. Senators for Lunch a Week from Today!

Michigan Business Network
February 3, 2023 8:00 AM

Lansing, MI, – Michigan Business Network continues its tradition of hosting speaker series events: proud to offer its next program Friday, February 10, 2023. This Business Luncheon is set for the Crowne Plaza Lansing West.
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PNC Senior Economic Advisor Stuart Hoffman: Initial Claims Fell Again in Late-January 2023

Michigan Business Network
February 2, 2023 3:00 PM

to Their Lowest Level Since Early-April 2022: The Labor Market Remains Tight
  • Initial claims for unemployment insurance fell by 3,000 in the week ending January 28, 2023, to 183,000. The four-week moving average fell by 6,000 to 192,000.
  • Continuing claims fell by 11,000 to 1.655 million in the week ending January 21, 2023.
  • PNC’s baseline forecast is for a mild recession starting in the spring of 2023.
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MBN Speakers Series | Join Michigan's U.S. Senators for Lunch a Week from Tomorrow!

Michigan Business Network
February 2, 2023 9:00 AM

Lansing, MI, – Michigan Business Network continues its tradition of hosting speaker series events: proud to offer its next program Friday, February 10, 2023. This Business Luncheon is set for the Crowne Plaza Lansing West.
Read More

PNC Chief Economist Gus Faucher: FOMC Raises Federal Funds Rate by 25 Basis Points,

Michigan Business Network
February 1, 2023 4:00 PM

With More Rate Hikes to Come
  • The FOMC raised the federal funds rate by 25 basis points at its policy meeting and continued to reduce the size of the central bank’s balance sheet.
  • The statement, and Powell’s press conference, both point to multiple rate increases in the fed funds rate in the near term.
  • PNC expects the FOMC to raise the fed funds rate only one more time this year, at the FOMC’s next meeting in mid-March. This would take the fed funds rate to a range between 4.75 and 5.00%.
  • PNC expects a mild recession in 2023, with a deterioration in the labor market and a slowing in inflation toward the FOMC’s 2% objective.
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Cinnaire Celebrates Restoring Waters & Nellie Francis Court Groundbreaking

Michigan Business Network
February 1, 2023 2:00 PM

Supportive Housing Project to Provide 75 Affordable Apartments in St. Paul, MN 

Cinnaire recently joined our partners from Emma Norton, Project for Pride in Living, St. Paul Mayor Melvin Carter, Council member Chris Tolbert, and Northern Division of Ryan Companies to celebrate the groundbreaking for Restoring Waters and Nellie Francis Court in St. Paul, MN.

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MBN Speakers Series | Join Michigan's U.S. Senators for Lunch on the 10th of This Month!

Michigan Business Network
February 1, 2023 10:00 AM

Lansing, MI, – Michigan Business Network continues its tradition of hosting speaker series events: proud to offer its next program Friday, February 10, 2023. This Business Luncheon is set for the Crowne Plaza Lansing West.
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Cinnaire | Join Mark McDaniel in the Fight Against Homelessness!

Michigan Business Network
January 31, 2023 3:00 PM

Mark is excited to return as a Star Server for Pancake Palooza 2023 but I need your help! I'm ready to fire up my extraordinary powers to defend my championship title and do what I love the most - fight homelessness by helping Haven House support families who are struggling to get back on their feet.

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MBN Speakers Series | Michigan's U.S. Senators Visit A Week from Friday

Michigan Business Network
January 31, 2023 2:00 PM

Lansing, MI, January 18, 2023 – Michigan Business Network continues its tradition of hosting speaker series events: proud to offer its next program Friday, February 10, 2023. This Business Luncheon is set for the Crowne Plaza Lansing West.
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