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.
Jalen Duren scored 23 points as the Detroit Pistons beat the Golden State Warriors 115-101 in a game missing two of the NBA's biggest stars.
Mila Holloway and Syla Swords each had seven points in a dominant opening quarter and combined to score 33 points, leading second-seeded Michigan to an 83-48 win over 15th-seeded Holy Cross in the first round of the women's NCAA Tournament.
Dominique Townsend says the challenges she's faced inspired her to begin developing RideAble, a rideshare service designed specifically for people with disabilities.
Once a revered and beloved figure in the farmworker movement, new sexual abuse allegations against labor leader Cesar Chavez are reaching far beyond the union line.
On Thursday, Detroit Mayor Mary Sheffield signed an executive order to improve lighting across thousands of residential city blocks.
While the legislation passed both the Michigan House and Senate, it was never formally sent to the governor, leaving it stalled in legal limbo.
A Macomb County man is accused of fatally shooting his girlfriend in her home while three of her children were in the home.
Police in Clawson, Michigan, say they are working to identify someone who has knocked on the doors of multiple homes in one neighborhood after some claimed that the person appeared to be impersonating a DTE worker.
Police allege that the suspects entered the two stores on March 12 and stole multiple items, threatening to shoot an employee at one of the stores.
The Bloomfield Township Police Department says officers and the Oakland County SWAT responded to the area of Quarton Road between Franklin and Middlebelt.
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.
Chuck Norris' family said his death at 86 was sudden, but did not share any details on the cause.
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.
Jalen Duren scored 23 points as the Detroit Pistons beat the Golden State Warriors 115-101 in a game missing two of the NBA's biggest stars.
Mila Holloway and Syla Swords each had seven points in a dominant opening quarter and combined to score 33 points, leading second-seeded Michigan to an 83-48 win over 15th-seeded Holy Cross in the first round of the women's NCAA Tournament.
Once a revered and beloved figure in the farmworker movement, new sexual abuse allegations against labor leader Cesar Chavez are reaching far beyond the union line.
Chuck Norris' family said his death at 86 was sudden, but did not share any details on the cause.
The Trump administration argued that Harvard unlawfully discriminated against Jewish and Israeli students, in violation of federal civil rights law.
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.
Jalen Duren scored 23 points as the Detroit Pistons beat the Golden State Warriors 115-101 in a game missing two of the NBA's biggest stars.
Mila Holloway and Syla Swords each had seven points in a dominant opening quarter and combined to score 33 points, leading second-seeded Michigan to an 83-48 win over 15th-seeded Holy Cross in the first round of the women's NCAA Tournament.
The Detroit Lions have sold out their season tickets ahead of the 2026 season, the team announced on Friday.
Michigan is hosting the women's NCAA Tournament for the second time, and is hoping home court is an advantage again.
Alex DeBrincat scored the go-ahead goal with 3:25 remaining and assisted on Detroit's two other goals, lifting the Red Wings to a 3-1 victory over the Montreal Canadiens.
Dave Coulter updates Oakland County's move to its new offices in downtown Pontiac and when that might take place.
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.
Catholics and other faith communities around the world are observing Lent, a season of prayer and fasting and acts of charity. For those abstaining from eating meat, they will be eating fish instead. In part of the celebration are Friday Fish Fries, and one is hosted at St. Andrew's Society of Detroit in Troy.
The war in the Middle East is having an impact on how the Muslim community in Metro Detroit is recognizing Eid al-Fitr, marking the end of Ramadan.
Taking the bus or calling an Uber isn't something most people have to plan ahead for. But for people who use wheelchairs, securing a reliable ride can take days, even a week of preparation. One Detroit woman is hoping to change that.
It's Friday Fish Fry at the St. Andrew's Society of Detroit, and chef Kevin Hayes talks participating in the annual event the message behind it.
Once a revered and beloved figure in the farmworker movement, new sexual abuse allegations against labor leader Cesar Chavez are reaching far beyond the union line.