Fed Chair Says Debt Ceiling Must Be Raised To Pay U.S. Bills
Bernanke says it's very important that Congress raise the debt ceiling so the government can pay its bills.
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Bernanke says it's very important that Congress raise the debt ceiling so the government can pay its bills.
The Federal Reserve sizes up the economy in a two-day policy meeting which concludes Wednesday.
Dozens of bank branches will be closed in Michigan as consolidation steps continue in the Fifth Third Bank's purchase of Comerica Bank.
If you missed the meteor sighting over Southeast Michigan early on May 27, perhaps you saw the latest one on Monday night.
Prospects for a U.S.-Iran deal seem to dim as the war between Israel and Hezbollah grinds on despite Trump saying they agreed to stop fighting.
The incident happened at an apartment complex on the 16600 block of Schaefer Highway near McNichols.
The difference is just a few cents — that's how much summer rates increase with warmer weather.
If you missed the meteor sighting over Southeast Michigan early on May 27, perhaps you saw the latest one on Monday night.
Dozens of bank branches will be closed in Michigan as consolidation steps continue in the Fifth Third Bank's purchase of Comerica Bank.
The incident happened at an apartment complex on the 16600 block of Schaefer Highway near McNichols.
The City of Hazel Park has announced a six-month moratorium on the issuance of new short-term rental licenses.
The difference is just a few cents — that's how much summer rates increase with warmer weather.
American Axle, which is headquartered in Detroit, is a Tier 1 supplier to General Motors. UAW members have launched a strike at its Three Rivers site.
The UAW became known for fighting for higher wages, improved benefits and safer working conditions for workers across the auto industry.
Stellantis unveiled a nearly $70 million five-year strategic plan with the launch of new vehicles — including hybrids and EVs — over the next five years.
From classic cruisers to new memories still being made, the Woodward Dream Cruise remains a celebration of Michigan's automotive culture.
If you are planning a road trip for Memorial Day weekend, remember that the cost of gas this year is noticeably higher than last year.
Joe Negri, known to many as Handyman Negri on "Mr. Rogers' Neighborhood," has died at the age of 99, just days shy of his 100th birthday.
Stephen Colbert, former host of "The Late Show," is helping raise money for the Michigan nonprofit Monroe Community Media after appearing on a broadcast of the organization's community access program "Only in Monroe" earlier this month.
President Trump said he is considering replacing the Freedom 250 concert series with a rally after many artists dropped out.
Sonny Rollins, the legendary tenor saxophonist known for his bold tone and constant experimentation, has died at 95.
For three days, Detroit is the epicenter of techno music with this Memorial Day weekend tradition, and the music lovers made sure to attend the final day of the Movement Festival on Monday.
The Justice Department said it will stop work on the $1.8 billion "anti-weaponization" fund following a district judge's decision temporarily blocking the program.
The changes will affect how much students and their parents can borrow, as well as their repayment options.
A TIAA-Stanford University survey found that fewer people can correctly answer questions involving basic financial concepts. See how you fare.
According to air traffic control audio, security came to inspect the aircraft after someone named their Bluetooth device a "certain four-letter word."
A teen girl has been arrested and charged for allegedly stabbing three horses during a racing event in Las Vegas, police said.
A Northville dentist is facing 43 felony charges in an alleged Medicaid fraud scheme.
Michigan lawmakers are considering bills to allow doctors to prescribe life-ending medication to terminally ill patients.
The tentative agreement means roughly 300,000 Blue Cross members will continue receiving care at Michigan Medicine facilities as in-network services.
Two Detroit nonprofit organizations have partnered together to fight food insecurity for elementary school students.
St. Clair County health officials have identified the county's first salmonella case linked to a multistate outbreak associated with backyard poultry.
Colson Montgomery homered and Tristan Peters' RBI single put Chicago ahead as the White Sox rallied with two runs in the seventh inning to beat the slumping Detroit Tigers 2-1 on Sunday for their fifth straight win.
Alex Palou won the Detroit Grand Prix on Sunday afternoon after starting in the top position and leading the field through the downtown streets.
Earlier this year, the Detroit Police Department started an initiative aimed at building trust between law enforcement and the community through basketball. On Saturday, the Hoopin' with Cops youth recreational league got to watch their mentors in action.
Chicago White Sox topped the Detroit Tigers 7-1 on Saturday without injured slugger Munetaka Murakami.
Miguel Vargas hit a two-run homer with two outs in the 10th inning to give the Chicago White Sox a 4-3 victory over the Detroit Tigers on Friday night.
Bob Riney, president and CEO of Henry Ford Health, headlines Michigan Matters this Sunday, along with three other community champions who discuss important issues dissected at the Mackinac Policy Conference.
It's the fourth year the Detroit Grand Prix has been on the streets of the Motor City after moving from Belle Isle.
This week on Michigan Matters, the roundtable talks about the governor's race and the impact of former Detroit Mayor Mike Duggan.
The roundtable discusses the impact of rising gas prices and friction at the federal level with Canada and the U.S., and how it affects tourism.
Life Directions has been helping guide and mentor young people in Detroit.
The Michigan Secretary of State has released the 2026 "I Voted" sticker semi-finalist designs. The public will help choose the ones that will be printed into stickers for election season.
The Kilauea Volcano at Hawaii's Volcano National Park has been spewing visible eruptions. It is among the world's currently most active volcanoes.
The Justice Department said Monday that it will stop work on the $1.8 billion "anti-weaponization" fund following a district judge's decision temporarily blocking the establishment of the program. CBS News has this report.
An SUV smashed through an apartment exterior. Dozens of Comerica and Fifth Third bank branches will close as a bank merger takes effect. Those headlines and other top stories are in the CBS Detroit news brief.
Good morning Fam! Looking at another lovely day with plenty of sunshine with temps in the upper 70's. Staying clear the rest of the week with temps warming into the 80's by tomorrow. The next chance for rain arrives Friday night and over the weekend.