A new report from Detroit’s emergency manager finds the city is broke, relying on bond monies to pay its bills and on a path to bankruptcy.

Governor ends financial emergency in Ecorse, but appoints Joyce Parker to advisory board to keep city on track.

Replying to employee emails, sending birthday cards and – above all – always returning phone calls. That’s what the C-E-O of Quicken Loans – Bill Emerson – told the Detroit Economic Club makes the mortgage lender successful at a time when many financial institutions are struggling.

But EFM Kevyn Orr has the final word on spending and budget cuts.

This month marks an unprecedented time in the history of the Detroit City Council.

A coalition of unions and activist groups is filing a federal lawsuit challenging Michigan’s emergency manager law.

Council President Pro-tem Gary Brown shares his thoughts on the state's financial takeover.

Emergency Financial Manager Kevyn Orr officially took control of fiscal decisions in Detroit today. He was greeted with protests…and threats of legal action against him, and his arrival coincides with an infusion of new public safety equipment in Detroit…courtesy of the city’s business community. WDET’s Quinn Klinefelter talked with WDET’s Travis Wright about the developments today.

Moody's says if Detroit is headed for bankruptcy, Wayne and Oakland county won't be impacted by the so-called contagion effect.

Governor Rick Snyder is holding his first annual Governor's Economic Summit in Detroit this week. WDET's J. Carlisle Larsen sat down with the Governor to talk Michigan's economy.

MSU economist says Pittsburgh isn't necessarily a good comparison.

Michigan Governor Rick Snyder is rejecting an appeal by officials in Detroit to forestall the appointment of an emergency financial manager and instead putting bankruptcy expert Kevyn Orr in charge of the city's fiscal matters.

Mark Hackel says Detroit's problems affect entire region.

Detroit City Council member Kwame Kenyatta said today there would be organized resistance to any state takeover of the city’s finances.

State officials defended a review team’s report that Detroit is nearly broke and has no workable plan to fix the fiscal situation.

Representatives of the Detroit City Council Tuesday officially appealed the state’s finding that there is a financial emergency in the city so dire that it requires the state to take control.

Representatives of the Detroit City Council made their official pitch today to stop the state from appointing an emergency financial manager for the city.

Members of the Detroit City Council say they plan to appeal Governor Rick Snyder’s decision that the city’s financial situation is so dire the state must step in.

The Detroit City Council is fighting the state’s efforts to take control of the city’s finances. But Mayor Dave Bing says it's a fight the city can't win.

Detroit City Council moves ahead with appeal of financial emergency declaration without Mayor Bing.

Wayne County Executive says drop in revenues makes it hard to keep up with paying the bills.

L. Brooks Patterson adds his perspective on the governor's plan to name an emergency financial manager for Detroit.

Hear how Detroit bus riders' react to Governor Snyder's announcement that he intends to appoint an emergency financial manager for the city.

Governor Rick Snyder held a town hall meeting in Detroit today to announce that the city is facing an unprecedented financial crisis. The state could appoint an Emergency Financial Manager within the month to address the ongoing cash problems. WDET’s Laura Weber-Davis attended the meeting at Wayne State. She spoke with WDET’s Travis Wright about the Governor’s announcement.

Pontiac’s Emergency Financial Manager Lou Schimmel tells WDET’s Travis Wright that transitioning to the position presents a unique set of challenges.

Governor Rick Snyder announced this afternoon that a financial emergency exists in Detroit. As a result, he’ll seek to appoint an Emergency Financial Manager to take control of the city’s finances. Saunteel Jenkins is a member of the Detroit City Council. She tells WDET’s Travis Wright that she wasn’t surprised by Snyder’s announcement. But she says its length and lack of detail left her unsatisfied.