Consumer confidence falls to 12-year low as Americans fret over economy
Consumer confidence continues to wane as Americans worry about the economy, jobs and their income.
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Consumer confidence continues to wane as Americans worry about the economy, jobs and their income.
In a focus group conducted by Axios in Michigan, some battleground state voters expressed second thoughts about supporting President Trump in the 2024 election. Political strategists Meghan Hays and Maura Gillespie join "America Decides" with analysis.
Batch Brewing Company owner Stephen Roginson raised the issue of local breweries closing. While he's been able to keep his doors open, the same can't be said for many of his friends in the industry.
The inflation rate last month was slightly lower than forecast by economists, although price increases are still higher than the Fed would like.
Consumers, businesses and investors are increasingly jittery about the risks of a protracted slump. So what exactly is a recession?
The U.S. labor market has been slowing, but today's jobs report isn't yet reflecting the layoffs ordered by Elon Musk's DOGE.
Job cuts spiked in February, marking their highest point since July 2020, due to firings of government workers directed by DOGE.
Canada, Mexico and China are hitting back with retaliatory tariffs. The moves raised fears of higher prices for U.S. consumers and a trade war.
Ukraine also brings divisions; Trump's immigration efforts rate well, but many look for more inflation focus.
A grassroots effort is asking American consumers to refrain from making purchases at major retailers for one day in February.
Americans express concern about their ability to pay bills and save money.
Figures do not include layoffs ordered by the Department of Government Efficiency. Analysts expect those to show up in coming weeks.
The Trump administration has begun firing several hundred Federal Aviation Administration employees, upending staff on a busy air travel weekend.
If you spend money celebrating Saturday's Lions game, you'll contribute to an economic boost for Detroit.
The Detroit Auto Show is revving up in the motor city. According to Visit Detroit, hundreds of thousands of folks are anticipated to attend which means big bucks for the city's economy.
Employers across the U.S. added a robust 256,000 jobs in December, a sign the labor market remains in good shape.
Bargain hunters are busy amid seasonal discounts and "going out of business" sales by at least two retailing chains.
Pope Francis has told Vatican bureaucrats to stop speaking ill of one another, calling gossip "an evil that destroys social life."
U.S. stocks are stabilizing following one of their worst days of the year.
The stock market is down sharply today after the Federal Reserve forecast fewer interest rate cuts in 2025 than expected.
Inflation has cooled from its most recent peak, but progress in getting it to a 2% annual rate has been slow.
A growing number of unemployed workers have been searching for a new job for more than 15 weeks, labor data shows.
General Motors is laying off about 1,000 workers worldwide, shedding costs as it tries to compete in a crowded global automobile market.
Donald Trump's victory in the 2024 presidential election is likely to have a major impact on the economy. Here's what to know.
President-elect Donald Trump's vow to raise tariffs could have Americans paying more for goods, from toys to auto parts, experts say.
The father of 22-year-old Haja Cedano, from Kentucky, is speaking out after his daughter was killed in a shooting at a funeral repast in Detroit last week.
Matthew Tkachuk had his sixth career hat trick and the Florida Panthers beat the Detroit Red Wings 3-1 on Friday night to snap a four-game losing streak.
At least four people have died, and several others were injured after multiple tornadoes ripped through Southwest Michigan on Friday, authorities say.
If passed by the voters, the proposal would create a new voter ID requirement and voter roll verification.
In a show of solidarity, organizers of the Save Our Children March in Detroit are gearing up for a protest to help victims of human trafficking this weekend.
At least two tornadoes were reported in Southwest Michigan on Friday amid severe weather, according to CBS Detroit's Chief Meteorologist Ahmad Bajjey.
Former University of Michigan coach Sherrone Moore has pleaded no contest to a pair of misdemeanor charges.
The National Weather Service has issued a marginal risk (Level 1 of 5) for severe weather across southeast Michigan for Friday night.
Windsor Mayor Drew Dilkens announced on Thursday that he's seeking approval from the provincial government to place a temporary toll using Huron Church Road, which connects the bridge on the Canadian side.
The father of 22-year-old Haja Cedano, from Kentucky, is speaking out after his daughter was killed in a shooting at a funeral repast in Detroit last week.
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.
While many assume a "harsh" winter, or this bone-chilling, sustained cold, is the enemy of asphalt, the real culprit is temperature fluctuation.
In Metro Detroit, drivers are paying about $2.90 per gallon, which is 2 cents less than last week and 29 cents less than at the same time last year.
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.
Hillary Knight, Megan Keller and Jack and Quinn Hughes made a surprise appearance during "Heated Rivalry" star Connor Storrie's opening monologue on "SNL."
Matthew Tkachuk had his sixth career hat trick and the Florida Panthers beat the Detroit Red Wings 3-1 on Friday night to snap a four-game losing streak.
Surging global oil prices due to the Iran war are leading to a spike in gasoline costs for U.S. motorists.
Economists had forecast a gain of 60,000 jobs last month. The unexpected drop was due to job losses in health care and the federal government.
The time change known as daylight savings is set to start for 2026, meaning most Americans will lose an hour of sleep when they "spring forward" on Sunday, March 8.
Victor Wembanyama had 38 points, 16 rebounds and five blocks and the San Antonio Spurs never trailed in completing a sweep of Detroit, beating the Pistons 121-106 on Thursday night.
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.
Tests of dozens of baby formulas by Consumer Reports found that nearly half contained potentially dangerous chemicals.
Henry Ford Health and Teamsters Local 332 remain locked in a labor dispute over a nurses' contract.
Matthew Tkachuk had his sixth career hat trick and the Florida Panthers beat the Detroit Red Wings 3-1 on Friday night to snap a four-game losing streak.
Former University of Michigan coach Sherrone Moore has pleaded no contest to a pair of misdemeanor charges.
Detroit Lions offensive tackle Taylor Decker says he has requested a release from the team.
Victor Wembanyama had 38 points, 16 rebounds and five blocks and the San Antonio Spurs never trailed in completing a sweep of Detroit, beating the Pistons 121-106 on Thursday night.
A woman who worked for former University of Michigan head football coach Sherrone Moore is no longer employed by the school.
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.
The Detroit Red Wings were relatively active ahead of the trade deadline on Friday. The Wings made three trades this week, including bringing in a top veteran name to help support the defense.
Three former presidents were among the dignitaries in Chicago on Friday, celebrating the life of the late Rev. Jesse Jackson.
Catholics and other Christian denominations around the world are observing Lent. With that comes the Friday Fish Fry until Easter weekend. This week, we checked in with St. Isaac Jogues in St. Clair Shores, Michigan. CBS News Detroit gives you a behind-the-scenes look at how the Men's Club prepares.
The father of one of the victims who was killed at a Detroit funeral repast last week is speaking. The victim, a 22-year-old woman, was originally from Kentucky and was in the Detroit for the funeral.
At least four people have died, and several others were injured after multiple tornadoes ripped through Southwest Michigan on Friday, authorities say.