Dow tumbles almost 800 points amid concerns about surging oil prices
Stocks fell sharply on Wall Street on Thursday as oil prices rose further because of the war with Iran.
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Stocks fell sharply on Wall Street on Thursday as oil prices rose further because of the war with Iran.
U.S. motorists could soon see higher prices at the pump as oil prices surge following the attacks in Iran.
President Trump touted his work during his first year back in office, saying, "inflation is plummeting, incomes are rising fast, the roaring economy is roaring like never before."
Experts say the Ambassador Bridge can't keep up with demand for trade, jobs and tourism between Detroit and Windsor anymore.
The latest partial government shutdown is disrupting the release of closely watched economic data.
The value of homes in Detroit rose for the 11th year in a row, Mayor Mary Sheffield said on Friday.
Dow's announcement comes after several other large corporations, from Amazon to UPS, said they plan to cut jobs.
Michigan State University is making a major push to build students' digital skills, especially in artificial intelligence.
President Trump returned to Southeast Michigan on Tuesday, where he toured a Ford factory in Dearborn and delivered a speech at the Detroit Economic Club.
President Trump defended his tariffs at a speech in Michigan, after he visited a factory in Dearborn.
From stubbornly high living costs to a softer labor market, economists say these are the forces that will shape the year ahead.
Several major retailers are now charging customers to return items even if they are unopened and in perfect condition.
The economy remained on track this year, defying the gloomiest predictions. That doesn't mean Americans are thrilled with how things are going.
Economic growth blew past forecasts in the third quarter despite ongoing concerns about jobs, tariffs and inflation.
Holiday spending is hitting new records, but some data shows that people are buying fewer items amid higher prices.
While the rise of online shopping changed the way people go about stocking up on holiday gifts, some people are still doing it the old-fashioned way.
Those prioritizing economy say Trump is not spending enough time on it, as ratings of economy, his handling of inflation slip.
The September jobs report, which was delayed due to the government shutdown, comes amid a slowdown in hiring across the U.S.
Ford is preparing to open its new world headquarters in Dearborn, some pasta prices could double due to tariffs and other top stories for the evening of Nov. 15, 2025.
Employers have slashed nearly 1.1 million jobs through October this year, up 65% from a year ago, new labor data shows.
Visa predicts Americans will spend an average of $736 on holiday gifts in 2025, a 10% increase from the $669 reported last year.
General Motors is laying off about 1,700 workers across manufacturing sites in Michigan and Ohio.
Americans are paying significantly more for these food staples, price inflation data shows. Will inflation ever relent?
Economic sentiment dipped for the third month in a row, according to a closely watched gauge on consumer confidence.
With open enrollment starting soon, employees could get sticker shock, with their costs expected to rise 6% to 7% for 2026, a new study says.
The Detroit Chapter of the National Action Network is calling on people of all faiths to come together after the synagogue attack on Thursday in West Bloomfield, Michigan.
The Michigan State Spartans men's basketball team lost in the quarterfinals of the Big Ten Tournament on Friday to UCLA, a squad they beat by 23 less than a month ago.
A public works employee in Huntington Woods, Michigan, is dead after a limb fell on him while he was clearing a road on Friday night, the city said.
An 81-year-old man is dead and a motorist is in the hospital after a van collided with an SUV on an interstate in Farmington Hills, Michigan, Friday morning, according to police.
Federal Communications Commission Chair Brendan Carr did not name specific networks, but his post included a reference to a Saturday morning Truth Social post from the president.
Ayman Mohamad Ghazali made two purchases at a Phantom Fireworks store in Livonia, Michigan. He told the store staff the fireworks were for the end of Ramadan.
A public works employee in Huntington Woods, Michigan, is dead after a limb fell on him while he was clearing a road on Friday night, the city said.
Temple Israel Rabbi Josh Bennett and staff member Cassi Cohen say their security training prepared them to respond quickly when a man rammed a vehicle into their synagogue.
Over 14,000 people in Southeast Michigan are without power after high winds blasted the area Friday.
A sprawling, late-season winter storm is set to deliver a crippling blow to Michigan's Upper Peninsula and the northern Lower Peninsula starting Saturday night.
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.
For the first time in 15 years, Stellantis is not issuing a profit-sharing distribution to UAW-represented employees.
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.
A woman was arrested on Sunday for firing multiple shots at the Beverly Hills home of Rihanna, Los Angeles Police Department officials say.
A restaurant celebrating rock music in the era of the legendary band Kiss is set to open in Royal Oak.
Six Flags is selling off some of its North America amusement parks, including Michigan's Adventure in Muskegon.
Actor and filmmaker Bruce Campbell told fans that he is in treatment for cancer and will cancel some upcoming public appearances.
Faster Horses, a multi-day country music festival, will not return this summer to Michigan International Speedway.
The Detroit Chapter of the National Action Network is calling on people of all faiths to come together after the synagogue attack on Thursday in West Bloomfield, Michigan.
Federal Communications Commission Chair Brendan Carr did not name specific networks, but his post included a reference to a Saturday morning Truth Social post from the president.
TSA officers faced their first full missed paycheck Friday.
Jalen Duren had 30 points and 13 rebounds and Cade Cunningham added 17 points and 15 assists as the Detroit Pistons handed the Memphis Grizzlies their seventh straight loss with a 126-110 victory on Friday night.
The suspect connected to the attack at Temple Israel in West Bloomfield, Michigan, died from a self-inflicted gunshot wound to the head, FBI said on Friday.
A second resident of Washtenaw County is suspected to have measles, as health officials continue an investigation about potential cases and exposure sites.
A measles case has been confirmed in Washtenaw County, with health officials investigating when and where others may have been exposed in Southeast Michigan.
Michigan Medicine will drop thousands of Blue Cross Blue Shield members if a deal isn't reached.
HHS Secretary RFK Jr. wants the popular coffee chains to prove their surgery drinks are safe for teens and suggested the Trump administration could place limits on your cup of coffee.
Water testing has detected "low levels" of Legionella bacteria at two more Oakland County government buildings.
The Michigan State Spartans men's basketball team lost in the quarterfinals of the Big Ten Tournament on Friday to UCLA, a squad they beat by 23 less than a month ago.
Jalen Duren had 30 points and 13 rebounds and Cade Cunningham added 17 points and 15 assists as the Detroit Pistons handed the Memphis Grizzlies their seventh straight loss with a 126-110 victory on Friday night.
Jake Guentzel and Gage Goncalves each scored twice, Andrei Vasilevskiy made 23 saves and the Tampa Bay Lightning beat the Detroit Red Wings 4-1 on Thursday night.
Duncan Robinson scored 19 points and the Eastern Conference-leading Detroit Pistons beat the Philadelphia 76ers 131-109 on Thursday night for their second straight victory after a season-worst four-game losing streak.
Former Michigan linebackers coach Chris Partridge is suing the university, its board of regents and its athletics director for firing him in 2023.
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.
The roundtable discusses the impact of the high-profile game for advertisers, including Detroit-based Rocket and Redfin.
AAA says gas prices have risen 23% since the war in Iran started on Feb. 28. Willie James Inman reports on Americans' reactions to the price spike and what President Trump is saying about the schedule of the conflict.
Shoppers on Saturday had a chance to get their hands on designer brand apparel while supporting the Salvation Army. The money raised will support the organization's rehabilitation center in Detroit.
Snow overnight, Wind Advisory for Sunday, then storms and a big temperature drop
Members of the National Action Network, a civil rights organization, are denouncing the attack at Temple Israel in West Bloomfield that happened on Thursday. CBS News Detroit's Veronica Ortega reports from Detroit bout their message.
The Michigan State Spartans men's basketball team lost 88-84 in the quarterfinals of the Big Ten Tournament on Friday to UCLA, a squad they beat less than a month ago.