Stocks slump Monday after Trump threatens new tariffs on certain countries
Markets fall on Monday after President Trump threatened 14 U.S. trading partners with steep tariffs starting August 1.
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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.
Through a sudden death overtime goal, the U.S. men's hockey team is golden over Canada.
A man in his early 20s was shot and killed early Sunday morning after an "unauthorized entry" into the secure perimeter at President Trump's Mar-a-Lago estate, the U.S. Secret Service said.
Homeland Security Secretary Kristi Noem said in a statement that TSA and Customs and Border Protection are "suspending courtesy and special privilege escorts."
Jalen Duren had 26 points and 13 rebounds in his return from a suspension to help the Detroit Pistons take charge in the second half and roll to a 126-110 victory over the Chicago Bulls on Saturday night.
Minnesota Vikings wide receiver Rondale Moore was found dead at the age of 25 at a residence in New Albany, Indiana, authorities reported Saturday.
A male is in custody after two people were injured in shootings at an apartment and a liquor store in West Bloomfield on Saturday, according to police.
Three men are in custody after a 19-year-old man was found fatally shot Monday near Proud Lake in Commerce Township, Michigan.
Through a sudden death overtime goal, the U.S. men's hockey team is golden over Canada.
Detroit Police Chief Todd Bettison says he will concur with a 30-day suspension of two officers and no longer pursue their terminations.
A powdery substance in an envelope that was sent to the Oakland County Republican Party headquarters in Bloomfield Township, Michigan, has been deemed not to be hazardous, police said Saturday.
Union Vice President Laura Dickerson confirmed that the worker, TJ Sabula, "has no discipline on his record."
Some General Motors employees are taken aback by this year's profit-sharing checks, with it being $4,000 less than the previous one.
While many assume a "harsh" winter, or this bone-chilling, sustained cold, is the enemy of asphalt, the real culprit is temperature fluctuation.
In Metro Detroit, drivers are paying about $2.90 per gallon, which is 2 cents less than last week and 29 cents less than at the same time last year.
The winter storm that brought snow to Southeast Michigan on Sunday didn't stop car enthusiasts from leaving their homes for the final day of the 2026 Detroit Auto Show.
Barry Manilow announced Friday he needs to reschedule several more concerts as he continues to recover following surgery after he was diagnosed with lung cancer.
"Jersey Shore" star Nicole "Snooki" Polizzi said in a TikTok video that her results at a post-op appointment for a cone biopsy showed stage 1 cervical cancer.
In April 2025, Eric Dane announced he had been diagnosed with amyotrophic lateral sclerosis, or ALS.
Warner Bros. Discovery said that Paramount Skydance is considering enhancing its buyout offer for the entertainment company.
Robert Duvall was in such classics as "The Godfather," "To Kill a Mockingbird," "M*A*S*H," "The Great Santini" and "Tender Mercies."
A man in his early 20s was shot and killed early Sunday morning after an "unauthorized entry" into the secure perimeter at President Trump's Mar-a-Lago estate, the U.S. Secret Service said.
Homeland Security Secretary Kristi Noem said in a statement that TSA and Customs and Border Protection are "suspending courtesy and special privilege escorts."
All nine avalanche victims have been recovered from California's Sierra Nevada, Nevada County Sheriff Shannan Moon said Saturday at a news conference.
The Artemis II mission aims to send four astronauts — Reid Wiseman, Victor Glover, Christina Koch and Canadian astronaut Jeremy Hansen — on a flight around the far side of the moon and back.
Some Michigan businesses, including one that has a lawsuit against the president, approved of the court's decision.
Michigan lawmakers required schools to adopt a cardiac emergency response plan for the current school year if the Legislature appropriated "sufficient funds," but funding wasn't dedicated in the education budget.
What started as food poisoning for a young boy in Clinton Township turned into years of organ failure.
Officials announced eligibility for mothers and babies in the city of Detroit.
Two Metro Detroit representatives are among those sponsoring a bill that calls for a 32% tax on any wireless device purchased for someone age 17 and younger.
The Oakland Community Health Network will now be taking over that responsibility amidst a financial dispute between the two organizations.
Through a sudden death overtime goal, the U.S. men's hockey team is golden over Canada.
Jalen Duren had 26 points and 13 rebounds in his return from a suspension to help the Detroit Pistons take charge in the second half and roll to a 126-110 victory over the Chicago Bulls on Saturday night.
Minnesota Vikings wide receiver Rondale Moore was found dead at the age of 25 at a residence in New Albany, Indiana, authorities reported Saturday.
This is the eighth time Dylan Larkin has represented the U.S. at an international tournament as an adult.
Team USA could add more gold medals to its tally, including on Sunday when the U.S. men's hockey team takes on Team Canada.
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.
The roundtable discusses the impact of the high-profile game for advertisers, including Detroit-based Rocket and Redfin.
Could a new entertainment tax and a new sales tax be ahead for the Motor City?
As the 2026 Detroit Auto Show wraps up Sunday, the roundtable discusses the signature event and standout moments from the past two weeks.
Winds pick up tonight, expect a blustery start to the work week
The Detroit Red Wings are excited for Sunday's men's hockey gold medal game between Team USA and Canada. Matt Finkel spoke with players bout the impact Dylan Larkin has had for the U.S. so far during the Winter Games, as well as their thoughts on the matchup.
President Trump on Saturday announced plans to raise the global tariffs he imposed on Friday from 10% to 15%. The announcement comes around a day after the U.S. Supreme Court ruled Mr. Trump doesn't have the authority to unilaterally impose tariffs on nearly every country under a federal emergency powers law. The president is also expressing renewed concern for the people of Iran. Willie James Inman reports.
Police in Laper want parents to be careful after dozens of metal spikes were found at two parks in the city earlier this month.
Bloomfield Township police said Saturday that a powdery substance found in an envelope sent to the Oakland County Republican Party headquarters was tested and determined not to be hazardous. Members of the political organization tell CBS News Detroit's Julia Avant they're concerned by this and other threats they've been receiving.