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.
Michigan Attorney General Dana Nessel is once again pushing back on DTE's request for a rate hike after the utility company submitted a $474 million proposal on Tuesday.
Police believe the shooting stemmed from an argument in the parking lot, and the urgent care was not being targeted.
The program launched in 2016 and examines people's records, such as the number of convictions and the length of time since their last conviction, on a case-by-case basis.
The police department says they've received countless complaints of children and teenagers riding e-bikes and traditional bicycles recklessly through the city.
Dearborn Heights is holding a second workshop as officials and residents look for ways to improve traffic safety across the city.
To put the pricing in perspective, AAA says it would cost $49.82 in gas to make a round trip from Detroit to Grand Rapids in a car that gets 27 mpg.
The Barack Obama Leadership Academy will lose its affiliation with Detroit Public Schools Community District as of June 30.
Michigan Attorney General Dana Nessel is once again pushing back on DTE's request for a rate hike after the utility company submitted a $474 million proposal on Tuesday.
Police believe the shooting stemmed from an argument in the parking lot, and the urgent care was not being targeted.
Detroit's Lifeline H2O program, designed to help low-income residents afford water, has now reached its limit.
Several cities in Southeast Michigan could allow golf carts on public streets if a state bill expanding the rules passes.
Experts said it's unlikely consumers will see a drop in prices moving forward.
Two of Michigan's congressional representatives introduced a bill aimed at supporting Michigan's role in automotive innovation and manufacturing.
General Motors is expecting a $500 million tariff refund after the Supreme Court struck down some of President Trump's most sweeping levies.
A Michigan auto parts company that is eligible to request refunds for tariffs deemed illegal is taking on the White House in a lawsuit, challenging an executive order that suspends duty-free shipping.
Motown may be Detroit's most famous sound, but it's far from the only one.
Gene Simmons visited Detroit Rock City to celebrate the grand opening of a restaurant co-founded by him and his Kiss bandmate Paul Stanley.
The moon music tradition started more than 50 years ago, NASA said as it shared the Artemis II crew's playlist this week.
Restaurants are being considered for the new Michelin Guide American Great Lakes Edition, set to be revealed in 2027.
Kid Rock posted videos of the helicopters hovering by his Nashville home on social media over the weekend. The Army later confirmed the helicopters were on a training mission.
The war with Iran is now in its ninth week, and Congress is concerned about the reduction of global munition stockpiles and the ability to restock them.
Michigan lawmakers are acting to repeal Cesar Chavez Day in response to documented sexual abuse allegations.
The impact of higher energy prices and fears about covering monthly bill is taking a toll on public sentiment, a new Gallup poll finds.
General Motors is expecting a $500 million tariff refund after the Supreme Court struck down some of President Trump's most sweeping levies.
The average cost of a gallon of gasoline hit $4.18 on Tuesday, up $1.20 since the conflict in the Middle East started on Feb. 28.
Parents say the incident highlights the importance of education and communication at home, especially when it comes to THC‑infused products.
Six Detroit elementary students were hospitalized on Tuesday after eating suspected marijuana edibles, district officials said.
A proposed Michigan law would mandate health insurance plans to cover in vitro fertilization and intrauterine insemination starting in 2027.
Cases of Lyme disease have seen a 168% increase just in the last five years, according to the Michigan Department of Health and Human Services.
Macomb County health officials reported Thursday the county's first confirmed measles case in 2026.
The Detroit Lions have picked up the fifth season of Pro Bowl running back Jahmyr Gibbs' contract and declined All-Pro linebacker Jack Campbell's fifth-year option, according to a person familiar with the moves.
Michigan basketball coach Dusty May has announced that three players have been added from the transfer portal and two incoming freshman are joining four high school seniors who were signed in November.
Desmond Bane scored 22 points, Franz Wagner had 19 in three quarters and the Orlando Magic beat the Detroit Pistons 94-88 to take a 3-1 series lead, putting the East's No. 1 seed on the brink of elimination.
Construction crews are making way for the new home of the Detroit City Football Club after demolishing the old Southwest Detroit Hospital.
Two members of the Michigan men's basketball national championship team made Saturday memorable for young players in Rochester Hills, Michigan.
Robert Costa, the award-winning national correspondent for CBS Sunday Morning and chief Washington analyst for CBS News, talks about Michigan's role in this critical midterm election.
Diallo Smith, CEO of Detroit nonprofit Life Remodeled, talks about its new opportunity hub on the east side of Detroit called Anchor Detroit.
It's a look at the critical relationship between Canada, Michigan and the U.S. on this week's Michigan Matters.
The roundtable discusses the dramatic impact AI is having in the classroom, at companies and inside homes.
There's a focus on Michigan's defense industry as a national convention comes to Detroit in a few weeks, with over 11,000 people expected at Huntington Place.
The Barack Obama Leadership Academy will lose its affiliation with Detroit Public Schools Community District as of June 30.
Temperatures continue to cool this week with frost possible Friday and Saturday mornings.
Police in Harper Woods, Michigan, are investigating after shots were fired on Wednesday at an urgent care. Police say no injuries were reported, and no arrests have yet been made.
It's been 10 years since Detroit launched Project Clean Slate, and in that time, thousands of people have had their records wiped clean. On Wednesday, city officials celebrated the 20,000th expunged conviction.
The number of Michigan communities where golf carts can legally be operated on public streets would increase should pending legislation move forward.