Slightly more Americans sought jobless aid last week
Should Fed's rate hikes cause a recession, a jump in layoffs and unemployment claims would be an early sign.
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Should Fed's rate hikes cause a recession, a jump in layoffs and unemployment claims would be an early sign.
Each week brings head-scratching contradictory news about the economy. This past week was no different, with a batch of economic reports showing that — despite the recession talk — the US economy shows remarkable resilience.
Inflation dropped to still-high 6%, likely bolstering Fed's resolve to keep raising interest rates well into 2023.
The House vote to impose a contract brokered by the White House but rejected by some workers was 290 to 137.
It's estimated more gift buyers are likely to shop on Small Business Saturday than Black Friday this year.
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.
An electric utility worker is Michigan's 30th workplace death of 2026, the Michigan Occupational Safety and Health Administration said.
The Monroe Public Safety Department and the Monroe County Sheriff's Office are warning residents about scam phone calls impersonating police.
Michigan faces a challenging season with six opponents in the preseason AP Top 25.
Michigan is reporting its first human case of Eastern equine encephalitis, also known as EEE, since 2021.
Tyrone Noling has spent 30 years on death row for the double murder of an elderly Ohio couple that he insists he didn't commit.
Tuesday's Dearborn City Council meeting was not business as usual, with anti-Islam protesters gathering before and during the meeting.
Michigan is reporting its first human case of Eastern equine encephalitis, also known as EEE, since 2021.
Michigan's nine winning "I Voted" sticker designs for 2026 include a nap-ready cat, a nod to the sunken Edmund Fitzgerald, and a design built around the phrase "No, yeah."
An electric utility worker is Michigan's 30th workplace death of 2026, the Michigan Occupational Safety and Health Administration said.
The Monroe Public Safety Department and the Monroe County Sheriff's Office are warning residents about scam phone calls impersonating police.
Automotive expert Paul Eisenstein of Autoline TV said the number of vehicles recalled this year has surged.
Woodward Dream Cruise participant Mike Holmes, who showed off a DeLorean at Saturday's event, said the " human interaction is just as much fun as driving the car."
General Motors says 350 workers will be laid off in January at its Lansing Grand River Assembly/Stamping and Lansing Regional Stamping sites.
Ford says the reveal is intended to connect directly with the enthusiasts who have helped make the Woodward Dream Cruise one of the nation's premier automotive events.
On average, drivers in the state are paying $4.15 per gallon for regular unleaded fuel.
Madonna leads all artists with 11 nominations at this year's MTV VMAs, and a full sweep would tie her with Beyoncé and Taylor Swift for the most VMA wins in history.
Hayden Panettiere, who starred in "Remember the Titans" as a child actor and rose to fame in the series "Heroes," has died at the age of 36. The coroner's office says she was found in cardiac arrest.
Vincent Pastore played Salvatore "Big Pussy" Bonpensiero on all six seasons of "The Sopranos," which aired from 1999 to 2007.
It was another busy night in Ann Arbor as country singer Morgan Wallen took the stage on Saturday for his second concert in as many days at Michigan Stadium, better known as the Big House. Like any game day at the venue, there's a lot of foot traffic and first responders at every corner.
A group of young performers is taking the stage on Friday night to showcase their talents while celebrating Detroit's culture and history.
Tyrone Noling has spent 30 years on death row for the double murder of an elderly Ohio couple that he insists he didn't commit.
Tuesday's Dearborn City Council meeting was not business as usual, with anti-Islam protesters gathering before and during the meeting.
Democratic Sen. Elissa Slotkin has asked Defense Secretary Pete Hegseth to confirm that he won't send troops to polling places during the midterm elections.
Michigan's nine winning "I Voted" sticker designs for 2026 include a nap-ready cat, a nod to the sunken Edmund Fitzgerald, and a design built around the phrase "No, yeah."
More than 7.2 million checks have been mailed so far, with millions more expected to go out this week, according to State Farm.
Michigan is reporting its first human case of Eastern equine encephalitis, also known as EEE, since 2021.
A second Metro Detroit library has reported detecting bedbugs, resulting in a temporary closure of the branch for treatment and cleaning.
Large bags and shopping carts are banned from the Royal Oak Public Library as staff attempt to prevent a bedbug resurgence.
The Michigan Department of Health and Human Services says a human case of influenza A H1N2 swine flu was detected in a person who was a participant at the Kent County Youth Fair.
A new executive order from President Trump is reshaping federal childhood vaccine recommendations and encouraging states to review their school immunization requirements, a move that comes as Michigan families prepare for the new school year.
Michigan faces a challenging season with six opponents in the preseason AP Top 25.
Braxton Ashcraft allowed five hits over eight efficient innings, Oneil Cruz homered in his return from the injured list, and the Pittsburgh Pirates beat the Detroit Tigers 4-1.
Kevin McGonigle hit a two-run homer, and the Detroit Tigers held off the Pittsburgh Pirates 8-5 on Monday night and moved into a three-way tie for the final AL wild-card spot.
LIV Golf is ending its season one tournament early.
Western Michigan's Dan Bartholomae has been hired as Michigan State's athletic director.
Rachel Stewart previews the upcoming America's Thanksgiving Parade presented by Gardner White, which will celebrate its 100th anniversary in 2026.
The eyes of the nation were on Michigan as its critical 2026 primary was held last Tuesday.
As the nation turns its attention to Michigan's critical Aug. 4 primary, the Michigan Matters roundtable weighs in.
Perry Johnson discussed not receiving President Trump's endorsement and the reasons he believes John James did.
The conversation turns to rising auto insurance rates across Michigan and new legislative bills in Lansing that would help stem the tide.
A trial has begun in federal court in California, where nearly 30 states are suing Meta, the company behind Facebook and Instagram, on accusations of intentionally designing a product that is addictive to youth. CBS News has this report.
Hundreds of people remain stranded in Hawaii after Hurricane Lala created catastrophic flooding. Here's a recap of the damage and what needs to be remediated.
Anti-Islam protesters gathered before and during the Dearborn city council meeting on Tuesday, which was moved to a larger location to accommodate the potential crowds. Here's a recap of the situation as of Wednesday morning.
President Trump has delayed a new round of tariffs on Canadian imports that was to take effect on Wednesday. Should they take effect, the auto industry is among those expected to be affected. CBS Detroit has this report.
Anti-Islam protesters and Dearborn community members attend the city council meeting. The new round of Canadian import tariffs is delayed. Those headlines and other top stories are in the CBS Detroit news brief.