October layoffs soared to their highest for the month in 22 years: report
Employers have slashed nearly 1.1 million jobs through October this year, up 65% from a year ago, new labor data shows.
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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.
Treasury Secretary Scott Bessent says that the federal government shutdown is slowing the U.S. economy.
A bike shop in Woodhaven, Michigan, says it will be closing after nearly 80 years of serving the Downriver community.
The number of unemployed people looking for work more than six months has surged to its highest level since 2021.
Roughly 42% of younger working adults — spanning Gen Z, millennials and Gen X — report having no money left over after covering their daily expenses.
Employers have announced nearly 950,000 job cuts through September, the great number of layoffs through September since 2020, an analysis finds.
Uncertainty over U.S. tariffs and other Trump administration economic policies are deterring manufacturers from hiring, according to the Center for American Progress.
Monthly report shows private employers shed 32,000 jobs last month, another sign the labor market is facing new challenges.
Overall grocery prices in August 2025 rose 2.7% compared to one year ago, according to the U.S. Bureau of Labor Statistics Consumer Price Index.
The Federal Reserve is cutting its benchmark interest rate as the U.S. economy faces headwinds, including a faltering labor market.
The downward revision from the Bureau of Labor Statistics shows the job market was slowing in 2024 and early 2025.
Americans' confidence in finding a new job fell to the lowest measure on record, new government survey shows.
The latest employment data could inform the Federal Reserve's next rate decision meeting, set for Sept. 17.
Most Americans say prices are going up and expect them to keep going up.
The number of immigrant workers has declined from January through the end of July, preliminary Census data shows.
A 2025 analysis from Edmunds reveals that nearly 20% of new car buyers are committing to monthly payments of $1,000 or more.
Federal Reserve Chair Jerome Powell cited risks to the labor market in opening the door to cutting interest rates. Here's what job-seekers should know.
Federal Reserve Chair Jerome Powell has been under pressure from President Trump to lower the central bank's benchmark interest rate.
Families are shopping early for school supplies and scouting for discounts amid concerns about the potential impact of tariffs.
Incomes are still trailing inflation four years after the pandemic-era surge in prices, causing a financial pinch for many households.
Frustrations boiled over at Monday night's school board meeting in Pontiac as a consolidation plan to eventually close Owen, Kennedy, and Alcott elementary schools in the next few years passed.
Monday's severe weather caused damage and havoc across multiple communities in Metro Detroit.
José Ramírez homered and hit a two-run double on a 3-for-4 night, and the Cleveland Guardians beat the reeling Detroit Tigers 8-2.
Within hours after an attack on Monday at the Islamic Center of San Diego, Temple Israel in West Bloomfield Township, Michigan, is calling for funding to protect houses of worship after experiencing a similar incident.
The proposal has sparked backlash from the community.
Wind gusts up to 60 mph, large hail, heavy rainfall and an isolated tornado are possible Monday in Southeast Michigan.
Within hours after an attack on Monday at the Islamic Center of San Diego, Temple Israel in West Bloomfield Township, Michigan, is calling for funding to protect houses of worship after experiencing a similar incident.
A dreamcatcher that included a monkey skull and python bones was recently confiscated at Detroit Metro Airport.
Frustrations boiled over at Monday night's school board meeting in Pontiac as a consolidation plan to eventually close Owen, Kennedy, and Alcott elementary schools in the next few years passed.
Monday's severe weather caused damage and havoc across multiple communities in Metro Detroit.
From classic cruisers to new memories still being made, the Woodward Dream Cruise remains a celebration of Michigan's automotive culture.
If you are planning a road trip for Memorial Day weekend, remember that the cost of gas this year is noticeably higher than last year.
Michigan is demanding repayment of $35 million from the American Center for Mobility, a key player in autonomous vehicle development.
A bipartisan bill introduced in Washington, D.C., by Michigan Congresswoman Debbie Dingell and Congressman John Moolenaar would prohibit the importation, manufacture or sale of Chinese cars in the United States.
Michigan's average diesel price on Sunday is $6 — the highest ever recorded by the American Automobile Association.
The three commemorative posters are designed by a featured artist representing one of the three distinct art fairs that come together as one.
The Library of Congress revealed this year's list of 25 recordings to be preserved for future generations on the National Recording Registry.
With summer not far behind, the city of Detroit is preparing for the highly anticipated 2026 Ford Fireworks next month.
Motown may be Detroit's most famous sound, but it's far from the only one.
Gene Simmons visited Detroit Rock City to celebrate the grand opening of a restaurant co-founded by him and his Kiss bandmate Paul Stanley.
José Ramírez homered and hit a two-run double on a 3-for-4 night, and the Cleveland Guardians beat the reeling Detroit Tigers 8-2.
Within hours after an attack on Monday at the Islamic Center of San Diego, Temple Israel in West Bloomfield Township, Michigan, is calling for funding to protect houses of worship after experiencing a similar incident.
Three people were killed in a shooting at the Islamic Center of San Diego, and two suspected shooters were found dead inside a vehicle nearby, police said.
California jury dismissed all charges, finding that Musk missed the three-year statute of limitations to file suit.
The Trump administration announced it's restricting people who don't have U.S. passports from entering the country if they have been in Congo, South Sudan or Uganda amid the Ebola outbreak.
Officials say 21 cases were reported in the state, with 29% of those cases among children.
Michigan has $176 million in opioid settlement funds sitting unused in local government accounts.
Two Michigan health systems and Detroit Public Schools are getting $86.4 million in grants from the Federal Emergency Management Agency for costs that were needed to respond to the COVID-19 pandemic, the agency said.
At least 80 deaths have been reported in a new Ebola disease outbreak in Congo and Uganda, authorities said.
Teen tobacco use in Michigan is rising again, prompting calls for increased prevention spending.
José Ramírez homered and hit a two-run double on a 3-for-4 night, and the Cleveland Guardians beat the reeling Detroit Tigers 8-2.
Sunday's win at Aronimink Golf Club in Newtown Square, Pennsylvania, is only his second PGA tour victory, after winning the 2024 Wyndham Championship.
The Detroit Tigers were defeated by the Blue Jays 4-1 on Sunday after Toronto's Vladimir Guerrero Jr. homered and scored twice, and Kevin Gausman pitched six shutout innings.
A Michigan community college student will be the first female welder to represent the United States at a worldwide competition described as the Olympics of the skilled trades.
The Detroit Pistons and Cleveland Cavaliers will square off for Game 7 of their playoff series on Sunday night with a trip to the Eastern Conference finals on the line.
This week on Michigan Matters, the roundtable talks about the governor's race and the impact of former Detroit Mayor Mike Duggan.
The roundtable discusses the impact of rising gas prices and friction at the federal level with Canada and the U.S., and how it affects tourism.
Life Directions has been helping guide and mentor young people in Detroit.
Robert Costa, the award-winning national correspondent for CBS Sunday Morning and chief Washington analyst for CBS News, talks about Michigan's role in this critical midterm election.
Diallo Smith, CEO of Detroit nonprofit Life Remodeled, talks about its new opportunity hub on the east side of Detroit called Anchor Detroit.
Frustrations boiled over at Monday night's school board meeting in Pontiac as a consolidation plan to eventually close Owen, Kennedy, and Alcott elementary schools in the next few years passed.
Monday's severe weather caused damage and havoc across multiple communities in Metro Detroit.
Officials in the Pontiac School District are expected to vote on a controversial consolidation plan on Monday. If passed, it would place three elementary schools in the district on the chopping block.
Three people were killed in a shooting at the Islamic Center of San Diego on Monday, and two suspected shooters were found dead inside a vehicle nearby, San Diego Police Chief Scott Wahl said. Officials say both of the suspects were teenagers.
The National Weather Service confirmed that three planes were damaged at Capital Region International Airport after storms rolled on May 18.