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The more wealth you have, the happier you get, research finds
Multimillionaires are much happier than the merely well off, suggesting life satisfaction continues to improve the wealthier you are.
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Multimillionaires are much happier than the merely well off, suggesting life satisfaction continues to improve the wealthier you are.
Consumer spending helped drive growth despite cost-of-living expenses that have spiked across the country.
Although Donald Trump vows to bring U.S. prices down "very quickly," some economists say his policies could rekindle inflation. Here's what to know.
Support for organized labor is at a high not seen since the 1960s, with 71% of Americans saying they approve of unions, according to Gallup.
Older Gen Xers are turning 59 ½ this month, when they can withdraw retirement assets without a penalty. But many don't have enough saved.
Gov. Gretchen Whitmer will spend two days in Washington D.C. to pitch the state for federal resources, including additional investment in "economic and workforce development, innovation and cross-border cooperation."
Robust corporate profits and steady U.S. economic growth are driving stocks to record highs.
Due to bankruptcies and other problems, retailers plan to close almost 3,200 stores this year, up 24% from a year ago.
The 2024 NFL Draft in downtown Detroit concluded on Saturday, and city officials anticipate the economic impact to be significant.
Jeep maker Stellantis is planning to lay off an unspecified number of workers at its U.S. factories in the coming months to deal with a rapidly changing global auto market, the company said Tuesday.
Workers at Mercedes-Benz factories near Tuscaloosa, Alabama, will vote next month on whether they want to be represented by the United Auto Workers union.
Wall Street is closely watching the jobs report and next week's inflation data to predict when the Fed might cut rates.
The annual income needed to afford even a basic home in the U.S. has risen sharply since the pandemic, a new report shows.
Workers at Volkswagen's factory in Chattanooga, Tennessee, will vote next month on whether they want to be represented by the United Auto Workers union.
Jeep maker Stellantis is laying off about 400 white-collar workers in the U.S. as it deals with the transition from combustion engines to electric vehicles.
Volkswagen's factory in Chattanooga, Tennessee, is likely to be the first test of the United Auto Workers' effort to organize nonunion automobile plants across the nation.
Economic issues hit Sesame Street, as Cookie Monster takes to social media to complain his favorite food is getting smaller.
The United Auto Workers says a majority of workers at a Mercedes plant near Tuscaloosa, Alabama, have signed cards in support of joining the union.
On Tuesday, business and civic leaders did a deep dive into that report at One Campus Martius.
Americans can expect ebbing inflation and a strong job market this year, according to the National Association for Business Economics.
U.S. Treasury Secretary Janet Yellen touted a strong economy and believes inflation is returning to normal levels while making several stops across Detroit on Wednesday, including NewLab at Michigan Central.
"Americans should feel confident that inflation will come down to levels that will no longer really be noticeable or worrisome to them," Yellen told CBS News.
Bartender Catey Regis's pricey misadventure of buying a used car recently speaks to why voters are worrying about the U.S. economy going into this year's presidential election.
Ford says it swung to a net loss in the fourth quarter.
Although U.S. unemployment remains near a 50-year low, job losses have surged this month. Here's what tells about the state of the labor market.
Police said the suspect in the fatal shooting of a Melvindale police officer stole a boy's bike from a backyard. On Friday, police replaced it.
The Michigan Supreme Court has overturned a 2006 murder conviction in the death of an infant.
A Michigan man has died after his motorcycle collided with an SUV on Friday in Ann Arbor.
Federal judges have given final approval to new boundaries for several Detroit-area state legislative seats.
After 57 years of waiting, relatives of three young Black men who were killed by police during the 1967 Detroit riots are getting the recognition they deserve.
Police said the suspect in the fatal shooting of a Melvindale police officer stole a boy's bike from a backyard. On Friday, police replaced it.
The man arrested in the fatal shooting of Melvindale police officer Mohamed Said was arraigned Thursday.
The Michigan Supreme Court has overturned a 2006 murder conviction in the death of an infant.
A Michigan man has died after his motorcycle collided with an SUV on Friday in Ann Arbor.
Federal judges have given final approval to new boundaries for several Detroit-area state legislative seats.
Stellantis CEO Carlos Tavares pledged action to tackle problems in North America and elsewhere after reporting a plunge in first-half earnings.
Ford will make its F-Series Super Duty pickups at a plant in Ontario, Canada beginning in 2026 in order to keep up with customer demand for the vehicle.
The Biden administration is awarding $1.7 billion to 11 "shuttered or at-risk" facilities in Michigan, Ohio, Pennsylvania, Georgia, Illinois, Indiana, Maryland and Virginia, to bolster electric vehicle production.
Throughout the next year, dozens of new zero-emission buses will be hitting the pavement in the city of Detroit, all thanks to a $30.8 million federal grant.
The company said the temporary layoffs will impact about 1,600 workers for the month of July.
Hundreds of the nation's top athletes will represent Team USA in Paris at the 2024 Olympics.
The last surviving original member of the Four Tops has died.
Connor Stalions is set to share his side of the story from an alleged sign-stealing scheme within Michigan's football team before the Wolverines went on to win the national championship.
Bob Newhart, who starred in the long-running sitcoms "The Bob Newhart Show" and "Newhart," has died at age 94.
Nominations for the 76th annual Emmy Awards were announced Wednesday, with "Shōgun," "The Bear," "Hacks," "Only Murders in the Building" and "Baby Reindeer" all earning multiple major nods. See the full list of nominees for the 2024 ceremony here.
Federal judges have given final approval to new boundaries for several Detroit-area state legislative seats.
Multimillionaires are much happier than the merely well off, suggesting life satisfaction continues to improve the wealthier you are.
Former Kansas City Chiefs defensive lineman Isaiah Buggs has been convicted on two counts of misdemeanor animal cruelty charges.
Amid a widening listeria outbreak, Boar's Head is recalling all of its liverwurst products sold nationwide, as well as some deli meats.
Former Sangamon County Sheriff's deputy Sean Grayson has been charged with first-degree murder in Massey's death.
Amid a widening listeria outbreak, Boar's Head is recalling all of its liverwurst products sold nationwide, as well as some deli meats.
Local businesses around Metro Detroit are taking the initiative to make their facilities more sensory-friendly.
Gov. Gretchen Whitmer has signed a law that would make it easier for people to be released from Michigan prisons if they're in debilitating health.
The now-recalled Diamond Shruumz gummies had been sold legally, but testing found they contained an illegal controlled substance.
Citing suspected links to a listeria outbreak, Canada's health agency has issued a recall notice for 18 plant-based drinks sold under the Silk and Great Value brands.
Former Kansas City Chiefs defensive lineman Isaiah Buggs has been convicted on two counts of misdemeanor animal cruelty charges.
Michigan and Washington shared the field at Big Ten Media Days on Thursday.
Hulk Hogan visited Detroit Lions practice and says coach Dan Campbell would have been good in the squared circle.
Hundreds of the nation's top athletes will represent Team USA in Paris at the 2024 Olympics.
This is what you need to know about when the 2024 Paris Olympics start and end, along with key games and events on the schedule.
With a red-hot election season on and 2024 past the halfway point, the focus is on business.
Gardner-White is a 112-year-old family-owned furniture retailer, and Stewart is the first female to serve as CEO of the company.
It's a focus on our physical well-being as we talk about the importance of oral health and its impact, particularly among children.
U.S. Energy Secretary Jennifer Granholm and U.S. Transportation Secretary Pete Buttigieg appear on CBS Detroit's Michigan Matters this Sunday.
The University of Michigan's Ross School of Business is celebrating its 100th anniversary this year.
Early in-person voting begins Saturday in Michigan for the primary election. In November 2022, Michigan voters approved a constitutional amendment that gave them the right to early and in person.
A Michigan man has died after his motorcycle collided with an SUV on Friday in Ann Arbor.
LGBT Detroit hosted its biggest fundraiser of the year to celebrate 30 years of advocacy. Friday's event featured the organization's new documentary, which highlighted some of the organization's biggest accomplishments over the past 30 years.
Music icon Janet Jackson is on the second leg of her "Together Again Tour," and one person by her side on the stage is a Detroit native. Dancer and choreographer Dario Boatner joined CBS News Detroit to talk about his career and being on the tour.
We are approaching back-to-school season, and Focus: HOPE's early learning program is helping kids get their minds in motion. Waymond Hayes, director of early learning at Focus: HOPE, joined CBS News Detroit to discuss the program.