Consumers continue to lack confidence in US economy ahead of holiday shopping season
Heading into the all-important holiday shopping season, American consumers still aren't feeling very confident about the state of the US economy.
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Heading into the all-important holiday shopping season, American consumers still aren't feeling very confident about the state of the US economy.
Wall Street was betting on a red wave in the midterm elections Tuesday. But so far it appears that didn't happen.
Inflation? High gas prices? American gamblers are shrugging them off — and losing money at casinos at a record pace.
A measure of inflation that is closely monitored by the Federal Reserve remained painfully high last month, the latest sign that prices for most goods and services in the United States are still rising steadily.
Fresh from Tuesday's primary where the stage for November's election is now set, top leaders of the state's Democratic and Republican Parties appear on CBS 62's "Michigan Matters" to talk about the road ahead and some heated races coming up in November.
Gov. Gretchen Whitmer talked about her plans to fix the state's ailing roads, the pandemic and politics on "Michigan Matters" airing 8am Sunday on CBS 62.
The funds will be spent on helping families with quality childcare and children's savings accounts.
As the pandemic winds down, an offshoot has been a growing jobs gap particularly in the skilled trades, which is why CBS 62's "Michigan Matters" is taking a look this Sunday at 7:30 a.m. at one unique program to train more tree trimmers.
Gov. Gretchen Whitmer discusses the dizzying issues that arose this year including the pandemic, economic fallout, and a heated election on CBS 62's "Michigan Matters."
Florida set a single-day record for new COVID-19 cases in early July, passing 15,000 and rivaling New York's worst day.
Amazon and Netflix continue to do well as coronavirus isolates people in their homes, but many other companies have benefited or may soon.
The stock market had a miserable 2018, but some companies bucked the trend to post an exceptionally good year.
The Department of Education said Thursday that it would wipe away student debt for 15,000 borrowers, implementing an Obama-era rule that Secretary Betsy DeVos has fought to block for more than a year.
As the value of Bitcoin continues to drop, Ohio becomes the first US state to accept the cryptocurrency in paying taxes.
The U.S. Department of Housing and Urban Development has awarded more than $3.2 million in grants to help people in Michigan find housing, make better informed choices about housing and keep their homes.
For the second year in a row, US seniors will see increases in their Social Security checks starting in January.
Student loan debt is down slightly, but remains a crisis for graduates in Michigan and elsewhere who struggle to pay back their loans.
Volkswagen has found a new way to use a 3D printer: To mass produce car parts.
More than a third of renters have kids at home, and may find themselves balancing the rising costs of raising a family with the rising costs of renting a home or apartment.
The top government official in charge of regulating student loan companies is resigning in protest, writing in a blistering letter that the Trump administration has abandoned consumers.
The World Bank is turning to blockchain to help it raise money.
How hard is it to save? That depends on many things and where you live is one of them.
The US economy roared into high gear in the spring, growing at the fastest pace in almost four years.
About 130 teens participating in a Detroit summer employment program also will learn about personal financial literacy.
Five years ago, Detroit was America's poster city for urban decay.
Chicago collected 11 hits while improving to 23-10 in its last 33 games, bouncing back nicely after losing 8-6 in 10 innings in the series opener on Monday night.
Detroit police are investigating after they say two men and a woman were hurt in a drive-by shooting on Tuesday.
The continuing resolution would fund the federal government until Dec. 4. It now heads to the Senate, where it could face obstacles.
Trump accused Canada of unfairly discriminating against U.S. automobiles, alcohol and dairy products, escalating tensions with one of the United States' closest allies.
Bloomfield Township police released footage of the retail theft, asking for the public's help in identifying the group.
Trump accused Canada of unfairly discriminating against U.S. automobiles, alcohol and dairy products, escalating tensions with one of its closest allies.
Detroit police are investigating after they say two men and a woman were hurt in a drive-by shooting on Tuesday.
Bloomfield Township police released footage of the retail theft, asking for the public's help in identifying the group.
The number of cyclosporiasis cases in Michigan continues to grow in the hundreds each day as health officials track a parasite that can cause diarrhea and nausea after contaminated food is eaten.
The continuing resolution would fund the federal government until Dec. 4. It now heads to the Senate, where it could face obstacles.
Many newer vehicles are equipped with high-efficiency cabin air filters capable of capturing a significant amount of fine particulate matter.
Lawmakers in Michigan are working to push legislation that would stiffen penalties on noisy vehicles with exhaust modifications.
As the United States marks its 250th birthday, Ford Motor Company is showcasing more than a century of automotive history in a new exhibit that explores the company's role in shaping America.
The Detroit Auto Show has spent more than a century evolving alongside the auto industry. It has grown from a small, local exhibition into one of the world's premier automotive events.
The Pontiac Star Car Reunion at the Oakland Expo Center features a wide range of vehicles.
Behind every video is a true family effort.
Concerns surrounding air quality are prompting event organizers across Metro Detroit to make adjustments to their festivities or cancel altogether.
The few who aren't open for business on Thursday say it's out of concern for their employees' health and to protect their art.
Bonnie Tyler, the Welsh pop star best known for singing the chart-topping power ballad "Total Eclipse of the Heart" in 1983, has died. She was 75.
The nominations for the 78th annual Primetime Emmy Awards were announced Wednesday morning in Los Angeles, with the final season of HBO Max's "Hacks" setting a new record for the most nominations in a single year for a comedy series.
The continuing resolution would fund the federal government until Dec. 4. It now heads to the Senate, where it could face obstacles.
Trump accused Canada of unfairly discriminating against U.S. automobiles, alcohol and dairy products, escalating tensions with one of the United States' closest allies.
Thirty percent of respondents said they shoplifted this year, with most citing affordability concerns and financial hardship.
Three in four American households lack the wealth to weather financial setbacks and achieve major life milestones.
The recall affects certain 2020-2027 Aviator and 2020-2026 Explorer vehicles.
The number of cyclosporiasis cases in Michigan continues to grow in the hundreds each day as health officials track a parasite that can cause diarrhea and nausea after contaminated food is eaten.
While the U.S. Food and Drug Administration is still working to identify the source of a parasite that has caused a cyclosporiasis outbreak, a Michigan doctor says officials are closer than you think to solving the case.
The number of cyclosporiasis cases in Michigan continues has topped 6,100 as an investigation into the origin of the parasite in the food supply continues.
A statewide air quality alert for Michigan is in effect through Monday due to wildfire smoke, according to the state's Department of Environment, Great Lakes, and Energy.
Taylor Farms said none of its branded salads or kits contain the iceberg lettuce associated with the outbreak.
Chicago collected 11 hits while improving to 23-10 in its last 33 games, bouncing back nicely after losing 8-6 in 10 innings in the series opener on Monday night.
U-M President Domenico Grasso announced Monday that Manuel will leave the role by the end of the year, as a third-party culture review found failures to act on allegations of wrongdoing within the athletic department.
A Detroit nonprofit's annual summer celebration was in jeopardy after 400 pairs of shoes were stolen from its warehouse. Thanks to the community, Hoopfest was able to move forward.
Ryan Johnson struck out five and allowed one run in five solid innings, Jorge Soler and Zach Neto delivered RBI hits and the Los Angeles Angels snapped a four-game skid with a 3-2 win over the Detroit Tigers.
Spain dominated the match, outshooting Argentina 20-3, but couldn't manage a goal in regulation — finally scoring in the second period of extra time.
The conversation turns to rising auto insurance rates across Michigan and new legislative bills in Lansing that would help stem the tide.
The Democratic side of the aisle had an intriguing development earlier this week when state Rep. Mallory McMorrow suddenly dropped out of the contest
Former NBA All-Star/entrepreneur Jalen Rose, DTE's Trevor Lauer and Oakland University president Ora Hirsch Pescovitz headline an all-star Michigan Matters episode.
Mark Hollis, COO of Rocket Entertainment and tournament director of the PGA Tour's Rocket Classic, appears on Michigan Matters.
Former U.S. Energy Secretary and Michigan Gov. Jennifer Granholm appears exclusively on CBS Detroit's Michigan Matters.
Happy Hump Day Fam!! Did you take a deep breath of FRESH AIR this morning?! Looking at good air quality and cooler temps today as the cold front did its job by pushing the smoke away and brought much cooler refreshing air. Mostly sunny today, high 75°. More sun expected heading into the weekend with temps warming back into the mid to upper 80’s by Sunday. Next chance for rain arrives Sunday evening.
U.S. forces continue to attack Iran for an 11th straight day. The update comes as Defense Secretary Pete Hegseth revealed the growing cost of the U.S. conflict with Iran.
Cooler air in the 70s will take over for the next 2 days.
The Bloomfield Township Police Department is investigating after eight people were caught on camera stealing dozens of clothing items from the shelves at a Dick's Sporting Goods.
Detroit police are investigating after they say two men and a woman were hurt in a drive-by shooting on Tuesday.