Traverse City Business News

Local investment advisors say uncertainty over where interest rates and inflation are heading, a new administration in Washington that is announcing major policy changes almost daily and geopolitical upheavals make it difficult to predict investment returns this year. This month's TCBN digs in to see how national policies might affect us locally. Black Walnut Wealth Management - Traverse City Financial Advisor, Hudson Wealth Management, Trevis Gillow, AIF?, Horizon Financial, hemming& Wealth Management

Some of us get to live here. The rest have to settle for a visit. And while the bulk of those visits come from those on vacation, the Grand Traverse region has long been a very strong draw for conventions, events, and other professional gatherings that bring countless thousands of additional folks Up North each year. The?TCBN?checked in with some of the region’s notable event venues to see what’s in store for 2025. Grand Traverse Resort and Spa, Northwestern Michigan College, Kirkbride Hall, Crystal Mountain, Park Place Hotel & Conference Center, Shanty Creek Resorts, Hotel Indigo

Here are previews of the people, places, projects and products that business owners and influentials should be watching in the New Year, including an ambitious plan by the GT Regional Land Conservancy, Garfield Township’s first-ever manager, global tariffs, progress of the Ann Arbor-TC rail initiative and many more.

Three women-led philanthropies are funding the future by injecting millions into northern Michigan: Boundless Futures Foundation, Impact 100 TC and 100+ Women Who Care Grand Traverse and Leelanau County.

Many things pile up on the plate of Munson Healthcare Medical Center’s chief medical officer, but Dr. Tom Schermerhorn won’t soon waver in his desire to advocate for those out there on the front lines. Schermerhorn is still “elbow-to-elbow” with his colleagues as a practicing neurosurgeon and is surgical director for Munson Neurosciences. This and his previous decades of experience mean he knows all too well the challenges faced by those in his line of work.

This month, the TCBN takes a look at six distinct ways in which retirees are totally changing the narrative of how Traverse City operates. While local retirees don’t necessarily live here year-round, they undoubtedly have a massive impact on the regional community, economy and environment. Some of those impacts are predictable, like the way retirees skew the area’s demographic statistics. Others are less explored, like how thoroughly older adults dominate the local volunteer force.

Time to toast the Grand Traverse region's young and emerging leaders. Every September, the Traverse City Business News spotlights 40 local professionals under age 40 who excel with their economic impact on the region and in the community. The 2024 class is comprised of 26 women and 14 men; more than half are new to the list.