DETROIT — Detroit's new emergency manager offered a "sincere olive branch" Monday to local leaders who fought against creating his job, even as ...

An expected state takeover has been the hottest of hot button issues in Detroit, and Gov. Rick Snyder's Thursday announcement of a state takeover and ...

Michigan Gov. Rick Snyder will make an announcement Thursday afternoon about Detroit's future in light of the city's fiscal crisis. He is expected to ...

After Michigan Gov. Rick. Snyder declared that Detroit has a financial emergency, Mayor Dave Bing said Wednesday he would not stand in the way of Sny...

DETROIT -- A review team scrutinizing Detroit's poor finances could make a recommendation this week that will help determine whether there's a state t...

As Detroit nears the possible appointment of an emergency financial manager, it's important to note that although the current pace of change is not as rapid as necessary to extinguish this fiscal crisis, we have made progress since 2009.

UPDATE: 4:20pm -- WXYZ reports that Andy Dillon, head of the State Treasurer's Office, will begin a review of the city's financial book beginning next...

In a crisis, people look for a hero. We have been trained to believe that our deliverance can only be found in the one man or woman. The trouble with this way of thinking is that it is unrealistic.

Recent legislation from Governor Snyder and the Michigan state legislature has sought to strip away power from local municipalities and from the people. At the top of the list is the whole concept of the Financial Manager.

Cutting expense alone is overly simplistic and shortsighted. To be successful, Detroit must cut expense and increase its revenues. With a workable and attractive plan for the future, Detroit can be great again.

Joined by City Council members and faith, labor and business leaders, Detroit Mayor Dave Bing defied reports that Gov. Rick Snyder would begin a finan...

This is a developing story. The Detroit Free Press reported midday Thursday that Michigan Gov. Rick Snyder (R) is moving ahead with a financial rev...

It's high time Detroit finally got an EFM. For many years, especially the last 11 years, Detroit has really been drowning in red ink and leadership hasn't been able to stem the tide.