BUSINESS
Detroit Bonds Down, Pension Costs Up: 2026 Financial
Detroit paid off bankruptcy bonds early, but rising pension obligations threaten the city's financial recovery. A closer look at municipal debt.
Staff Writer
James Okafor covers tech, startups, and business for Detroit.co. Sharp and skeptical of hype, he follows the money through Michigan Central, the Detroit startup ecosystem, and the broader local economy.
Detroit paid off bankruptcy bonds early, but rising pension obligations threaten the city's financial recovery. A closer look at municipal debt.