Stocks pare losses as Trump says U.S. will insure ships in the Persian Gulf
U.S. financial markets rebounded after shedding more than 1,200 points in earlier trading on Tuesday.
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U.S. financial markets rebounded after shedding more than 1,200 points in earlier trading on Tuesday.
Markets fall on Monday after President Trump threatened 14 U.S. trading partners with steep tariffs starting August 1.
Stocks tumbled Wednesday amid signs that tariffs are weighing on consumer spending and investor concerns about the U.S. fiscal outlook.
Stocks closed higher Monday as the U.S. and China moved to de-escalate their trade war, with investors eager for signs of a lasting agreement.
Stocks soared Thursday morning before leveling out midday, with talks of potential trade deals buoying investor confidence.
It was a roller-coaster day in stocks as panic selling subsided, while President Trump threatened to hit China with a 50% tariff.
Stocks continued to tumble in the U.S. Friday as financial markets suffered their biggest two-day drop since 2020.
Stock futures are pointing to another major drop in U.S. financial markets as global trade war risks rise.
Nasdaq also sinks more than 1,000 points as investors fret over the potential economic impact of President Trump's latest tariffs.
Stocks and cryptocurrency prices set to power higher after Donald Trump wins U.S. presidential election.
U.S. markets tumbled for a third consecutive trading day amid recession fears and tensions in the Middle East.
Robust corporate profits and steady U.S. economic growth are driving stocks to record highs.
Wall Street was betting on a red wave in the midterm elections Tuesday. But so far it appears that didn't happen.
Recession worries continue to haunt Wall Street. A key indicator in the bond market is flashing signs of a potential downturn.
Does the huge drop in the Dow Jones and other indices mark the end of a historic run that dates back to the pandemic's early days?
Abbott said cultural changes, like gay marriage, are also in the mix of things pushing people into a place where they're seeking the old-fashioned security of gold and silver.
The DOW Jones Industrial Index started Monday above 14,000 -- which marks the first time it's passed that threshold since before the 2008 financial crisis.
For the first time since May, 2008, the Dow Jones Industrial Average traded above the psychological milestone of 13,000.
Investors on Wall Street and around the world sold stocks with abandon Thursday, more convinced than ever that the United States and perhaps the globe are headed for a new recession.
A Detroit father is being recognized for his bravery after saving two neighbors from their burning home in January.
Oakland County Sheriff Michael Bouchard hosted a press conference to discuss the attack on Temple Israel and how the community moves forward.
Those with the city say giving building access to tenants is a much larger undertaking.
The woman's 5-year-old daughter was attending school at Temple Israel when she received a call about an active shooter.
A former Detroit Police Department sergeant is accused of kidnapping and sexually assaulting five young women over four years.
The woman's 5-year-old daughter was attending school at Temple Israel when she received a call about an active shooter.
A former Detroit Police Department sergeant is accused of kidnapping and sexually assaulting five young women over four years.
Michigan health officials have identified a measles outbreak in Washtenaw County after three linked cases were reported since March 12.
Oakland County Sheriff Michael Bouchard hosted a press conference to discuss the attack on Temple Israel and how the community moves forward.
Six police officers and a semi-truck driver have been released from a local hospital after a fiery crash involving a car and a semi-truck.
Gas prices are currently hovering just below $4 a gallon in much of Michgan, AAA says.
Henry Ford introduced the moving assembly line, a system that reshaped industrial production and helped make automobiles more accessible to the public.
A $4.3 billion investment is going toward a battery cell manufacturing plant in Lansing, Michigan, to provide Tesla with prismatic battery cells.
The United Auto Workers says that Detroit Diesel is adding a third shift, recalling laid-off workers and hiring dozens more people.
AAA says motorists are paying an average of $3.53 a gallon for regular unleaded gas in the United States.
Afroman spoke to CBS News after he won the case, which tested the limits of parody and the license artists can take in social commentary directed at public figures.
Short film director Sam Davis gave a shout out to his Michigan hometown when accepting an Oscar award on Sunday.
The film follows CBS News correspondent Steve Hartman and photographer Lou Bopp through their seven-year journey to document the toll of America's school shooting epidemic.
The acclaimed filmmaker, who died in February at age 96, revolutionized the art of documentaries with such films as "Titicut Follies." In an interview recorded last year, the pioneering Wiseman talked about his unusual production methods aimed at capturing life.
Hollywood's biggest stars were honored at the 98th annual Academy Awards on Sunday. Here is what to know and how to watch the 2026 Oscars.
The man who attacked a synagogue in Michigan last week sent a photo of himself with the AR-style rifle he had during the attack to a family member in Lebanon, according to a U.S. official.
The body James Gracey, the University of Alabama student who disappeared in Barcelona, has been found, Spanish police said Thursday.
Even after accounting for record-high detention populations, the rate of deaths per 10,000 ICE detainees was the highest in 2025 than in any year since the COVID-19 pandemic hit in 2020.
Afroman spoke to CBS News after he won the case, which tested the limits of parody and the license artists can take in social commentary directed at public figures.
A barrel of Brent crude topped $111, while the U.S. benchmark also rose as the Iran war intensifies.
Michigan health officials have identified a measles outbreak in Washtenaw County after three linked cases were reported since March 12.
Legislation is pending in Lansing that is intended to prohibit the sale or distribution of a substance called kratom.
A new report says Michigan should invest in primary care doctors to ease a severe shortage of physicians that has led to long wait times, higher costs and missed care.
The vote from 10,000 nurses at nine hospitals and campuses received 90% approval for authorization
China Reynolds' son, Auggie, could be waiting for the next 6 to 12 months in the hospital until a new heart is available.
Michigan takes on Howard at KeyBank Center in Buffalo at 7:10 p.m. Thursday.
Cunningham got hurt in Tuesday's win over Washington, leaving midway through the opening quarter with what the team called back spasms.
Michigan State faces North Dakota State at 4:05 p.m. at KeyBank Center in Buffalo.
Michigan celebrated its best women's basketball players for the first time this season, honoring Diane Dietz, Katelynn Flaherty Yates and Naz Hillmon by raising maize banners to the rafters at Crisler Center with their names and number in blue.
Wisconsin lawmakers are taking a shot at expanding sports betting in the state.
Gardner White opened doors in Detroit in 1912, and the retailer continues to expand with nine new stores planned this year.
Rose talks about a new TV series being filmed in Detroit called "South West High," which revolves around a fictional high school in the Motor City.
As Women's History Month kicks off, Donna Murray-Brown, the new president and CEO of Inforum, appears on Michigan Matters.
Penske, a business and racing legend, turns 89 on Feb. 20 and is celebrating his 60th year in racing during 2026.
Claressa Shields talks about giving back to the community and her efforts to increase equity for women in sports.
A Detroit father is being recognized for his bravery after saving two neighbors from their burning home in January.
Springlike weather tomorrow! NEXT Weather Meteorologist Karen Carter tells us what we can expect for tonight and tomorrow.
Federal officials have found a business checking account linked to former Detroit Mayor Kwame Kilpatrick, and are trying to seize the funds.
It has been one week since the violent attack on Temple Israel in West Bloomfield, Michigan, and officials are renewing calls to halt antisemitic rhetoric and threats.
Nearly four months after dozens of Leland House tenants were evacuated from their homes, the battle to allow them to retrieve their belongings now sits in bankruptcy court.