
Gas prices in Michigan decline about 10 cents a gallon
Michigan drivers are now paying an average of $3.13 per gallon for regular unleaded, the weekly report says. This price is 6 cents less than this time last month and 56 cents less than this time last year.
For a 15-gallon tank of gas, that adds up to a fill-up cost of about $46.
Compared to last week, Metro Detroit's average daily gas price decreased slightly. Metro Detroit's current average is $3.19 per gallon, about 2 cents less than last week's average and 50 cents less than this same time last year.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


CBS News
29 minutes ago
- CBS News
Miami-Dade mayor ends budget tour, hears pleas to save essential programs amid $402 million deficit
Miami-Dade County Mayor Daniella Levine Cava wrapped up her six-stop budget tour, facing packed rooms of residents worried about deep cuts to programs they say their communities cannot live without, as the county confronts a $402 million deficit for the 2025-2026 fiscal year. "This has truly been a devastating season for me personally," Levine Cava told CBS News Miami after her final meeting at Oak Grove Park Auditorium. "As far as bigger changes, it really comes down to the dollars that we have. Now we know $26 million we have back from the tax collector. We hope and pray there will be even more. $26 million will not go that far when you're talking about $402 million in cuts." The mayor said residents should expect increases to the gas tax, solid waste fees, and a 6% hike in water bills. While some minor budget adjustments have been made, she warned that there have been no significant changes to offset the looming shortfall. Many at the meeting represented domestic violence services, arts programs and Farm Share partners. Cari Turner, community liaison for the Share Your Heart program, said the need for food assistance is growing and cuts could be devastating. "Each year, we see our numbers increase in need. So they continue to increase. How are we going to decrease the services? On the contrary, we need an increase," Turner said. "We just pray that the commissioners vote to keep the food going into the county because it's so essential. Food, water, housing; these things we cannot live without." The mayor said she has met with each county commissioner at least three times to discuss community priorities. The first of two public budget hearings is set for Sept. 4, with the second scheduled for Sept. 18.


Forbes
29 minutes ago
- Forbes
Trump 401(k) Executive Order 'A Major Step Toward Mainstream Adoption'
The executive order President Donald Trump signed on Thursday, August 7, which will allow investors to use their 401(k) accounts to purchase cryptocurrencies, represented 'a major step toward mainstream adoption" of such assets, according to analyst Joe DiPasquale. The move will achieve this progress by giving 'millions of Americans potential access to digital assets through familiar retirement vehicles,' DiPasquale, CEO of cryptocurrency hedge fund manager BitBull Capital, stated via email. Tim Enneking, managing partner of Psalion, also emphasized the significance of the executive decision. 'Trump's addition of crypto, real estate and PE could be massive for all three sectors, but is almost certain to be so for digital assets,' he stated through emailed commentary. 'This is true not only because of the massive pool of retirement capital in the US which will now be able to invest in crypto, but also because of the further legitimization of crypto as an asset class.' 'On the other hand, the executive order directed the SEC, IRS and other agencies to change their rules to accommodate this new approach, which will take time. Further, retirement money is inherently conservative, so I wouldn't expect an explosion of 401(k) funds into digital assets,' he emphasized. 'However, over time, the effect will be absolutely huge, almost certainly making the current $4T total market cap of the sector pale in comparison to what's coming!' Enneking concluded. DiPasquale also spoke to the potential time lag, stating that 'While uptake may start slowly due to plan provider caution and fiduciary concerns, over time it could channel significant long-term capital into the space — particularly if Bitcoin and Ethereum are included alongside traditional alternatives like gold.' 'This structural demand could help dampen volatility and broaden the investor base beyond the current retail and institutional mix,' he noted. Brian Huang, cofounder of fintech firm Glider, also weighed in, emphasizing how this executive order could potentially affect all digital assets. 'This executive order sets the precedent for any digital asset in a 401(k). We're not just talking about cryptocurrencies; we're talking about on-chain stocks, RWAs, and tokenized private equity," he stated via email. 'If you think this is just about holding BTC in your 401(k), you're missing the bigger picture. Tokenizing assets is the future that unlocks direct ownership of assets and removes middlemen,' Huang noted. 'One day, the majority of assets in 401(k)s will be on-chain,' he predicted. Tom Bruni, editor-in-chief & VP of community at Stocktwits, also emphasized the impact that this key development will have. 'Trump's latest executive order will add fuel to retail's growing adoption of cryptocurrencies as part of their investment portfolios,' he noted. 'This move will open up trillions more in capital to the crypto market, both directly and indirectly, and offer 'stickier' capital flows as most investors tend to take a long-term, dollar-cost-averaging approach to investing via their employer-sponsored retirement accounts,' Bruni added. 'Total retirement assets at the end of Q1 2025 totaled $43.4 trillion, of which $12.2 trillion (28% of the total) is held in defined contribution plans like 401(k)s and 403(b)s,' he stated, citing figures provided by the Investment Company Institute. 'For context, that's roughly ¾ of the size of the US individual retirement account market, which is $16.8 trillion in assets and has already largely been opened up to cryptocurrency investments. With that said, certain providers of these accounts still limit crypto exposure, even through ETFs and other traditional vehicles,' noted Bruni. 'This executive order, which further expands access to crypto through other retirement plans, will likely pressure the remaining holdouts to begin allowing investors to access crypto through their accounts, or they'll risk losing market share,' he predicted.
Yahoo
40 minutes ago
- Yahoo
Dave Ramsey Caller Complains His Fiancée Makes 20 Times More Than He Does. Here's How Much They're Both Bringing Home
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. A caller on a recent episode of 'The Ramsey Show' opened up about a surprising dilemma: how to feel like a worthy husband when your future wife makes millions more than you do. He's Making $220K. She's Making Up To $4 Million Kevin from Fort Worth, Texas, told hosts John Delony and George Kamel that he earns around $200,000 to $220,000 per year in financial services. But his girlfriend, who owns an insurance 'business empire,' pulls in between $3.5 million and $4 million annually. 'I've always done well for myself, or at least thought I did until I met her,' Kevin said. 'And obviously, marriage has come up and that's the next step. My main question is, how do I be a beautiful Christian husband and a leader of the family when she makes substantially more than I do?' Don't Miss: The same firms that backed Uber, Venmo and eBay are investing in this pre-IPO company disrupting a $1.8T market — Accredited Investors: Grab Pre-IPO Shares of the AI Company Powering Hasbro, Sephora & MGM— Delony jokingly replied, 'You can't. You have to make more money than her,' before quickly reassuring Kevin that money doesn't determine a man's worth or leadership. 'I've never read a piece of scripture that has told me the husband must make more than the wife or else you're not a dutiful husband,' Kamel said. 'This is your insecurity, bro,' Delony added. Kevin, who is divorced and has a grown daughter, admitted that he's used to being the provider in past relationships. 'It's just the psychological thing,' he said. 'Growing up and in prior relationships, I've always been the provider and then I run into her and it's like, 'Oh, you've got this cute job.'' Trending: 'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. Delony pushed back on that idea. 'Leadership is about service. It's not about dollars and it's not about muscles,' he said. 'You'll be the chief service officer of this family. I'm going to protect my wife's spirit and her time. Providing a safe space for her to crash because she's running 17 companies at once.' Kamel added that Kevin should find peace in the fact that his fiancée isn't marrying him for money. 'She's doing it because she loves you,' Kamel said. 'Whether you make a dollar or a million dollars, it's chump change to her world.' Kevin said his fiancée has been open with him financially and even trusts him to manage some of the money. He holds Series 7 and 66 licenses for financial professionals and said, 'She's wonderful. In fact, she lets me take care of everything.'Delony emphasized that many men tie their value to their income. 'Most men, if you ask them, define themselves with a number because that's all they have left,' he said. 'You found a woman who says, 'I don't care about your money. I pick you,' and you don't believe it.' The conversation closed with encouragement for Kevin to stop doubting his worth and move forward in his relationship. 'You're worth more than your bank account, my brother. You're a good man, and it's an honor to know you,' Delony said. Read Next: $100k+ in investable assets? – no cost, no obligation. This article Dave Ramsey Caller Complains His Fiancée Makes 20 Times More Than He Does. Here's How Much They're Both Bringing Home originally appeared on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data