Employers added 254,000 jobs in September, blowing away forecasts
Wall Street is watching the labor market for signs of slower hiring, which could influence the Federal Reserve's next rate decision.
Watch CBS News
Wall Street is watching the labor market for signs of slower hiring, which could influence the Federal Reserve's next rate decision.
Kamala Harris and Donald Trump are trying to get the upper hand with working-class voters in the closing weeks of the presidential campaign.
Michigan's current minimum wage will rise 20% by the end of February thanks to a recent state Supreme Court decision.
Grocery costs barely rose last month, according to Friday's report, and energy costs dropped 0.8%, led by cheaper gasoline.
The Federal Reserve just lowered its benchmark rate by 0.50 percentage points. Here's how the move could impact your finances.
The latest labor market data comes less than two weeks ahead of the Federal Reserve's decision on whether to cut interest rates.
Federal Reserve Chair Powell, speaking at a conference in Jackson Hole, Wyoming, said the timing and pace of rate cuts will depend on economic data.
The Canadian government has ordered the country's two major freight railroads to enter binding arbitration.
Stellantis is warning that it could lay off as many as 2,450 of the 3,700 union workers employed at a truck plant just outside of Detroit.
U.S. markets tumbled for a third consecutive trading day amid recession fears and tensions in the Middle East.
Economic issues hit Sesame Street, as Cookie Monster takes to social media to complain his favorite food is getting smaller.
Jeep and Ram maker Stellantis says it will offer buyout packages to many of its U.S. white-collar workers just five days after the company's CEO said the auto industry is in the middle of a significant storm.
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.
If you stepped outside Thursday morning, took a deep breath, and immediately wondered if a neighbor was burning tires, you aren't alone.
Will Riley scored 20 points, Sharife Cooper added 18 and the Washington Wizards upset the Eastern Conference-leading Detroit Pistons 126-117 on Thursday night.
Los Angeles Rams quarterback Matthew Stafford was named the NFL MVP, just edging out four other candidates that included New England Patriots quarterback Drake Maye and Buffalo Bills quarterback Josh Allen, last year's MVP.
Michigan Republican Sen. Jim Runestad is calling for accountability from Child Protective Services after the 2023 death of 5-year-old Ethan Belcher and other cases involving children.
Oakland University officials say a lockdown was partially lifted late Thursday night after a stabbing.
Oakland University police say a stabbing reported on campus Thursday night prompted a lockdown.
Wayne County Airport Authority is looking at permanent barrier options at Detroit Metro after a driver crashed a vehicle into the McNamara Terminal.
A Detroit woman has filed a $25 million federal lawsuit against the City of Detroit and one of its police officers.
Another round of snow is headed to Southeast Michigan.
Attorney General Dana Nessel's office said its department has received more than 5,000 emails from the public regarding immigration enforcement activity.
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.
The winter storm that brought snow to Southeast Michigan on Sunday didn't stop car enthusiasts from leaving their homes for the final day of the 2026 Detroit Auto Show.
As the 2026 Detroit Auto Show wraps up Sunday, the roundtable discusses the signature event and standout moments from the past two weeks.
Chuck Negron, a founding member of Three Dog Night whose lead vocals powered a string of hits for one of the top rock acts of the late 1960s and early '70s has died. He was 83.
Many Super Bowl 60 ads are already online, along with teasers for commercials that will be unveiled during the NFL championship on Feb. 8.
Bad Bunny used his Grammy acceptance speech on Sunday to denounce U.S. Immigration and Customs Enforcement and call for the end of the ongoing immigration crackdown.
Complete closure of the performing arts center in Washington, D.C., will start on July 4, Mr. Trump said. It's not yet clear how extensive the changes to the building might be.
Music's biggest night returned Sunday with the 68th annual Grammy Awards. Here is how to watch and stream and what to know.
Will Riley scored 20 points, Sharife Cooper added 18 and the Washington Wizards upset the Eastern Conference-leading Detroit Pistons 126-117 on Thursday night.
Millions of Americans lack access to any type of retirement plan, hampering their ability to save for old age.
Investigators have no proof that the missing mother of "Today" show host Savannah Guthrie is still alive but are holding out hope she is "still out there," the sheriff said.
Prosecutors allege that Kyle Wagner, 37, shared social media posts threatening ICE agents.
Sen. Elissa Slotkin of Michigan says she won't sit for an interview with the Justice Department regarding a probe into a video she organized urging U.S. military members to resist "illegal orders."
Two Metro Detroit representatives are among those sponsoring a bill that calls for a 32% tax on any wireless device purchased for someone age 17 and younger.
The Oakland Community Health Network will now be taking over that responsibility amidst a financial dispute between the two organizations.
Legionella testing at Oakland County government facilities has detected the bacteria in the water systems of two additional buildings.
When the temperatures plummet, and the snow starts piling up, most of us have the same instinct: retreat indoors, crank up the heat, and get cozy.
Planned Parenthood of Michigan has started to offer vasectomy services in Grand Rapids, with plans to expand the procedure across the state.
Will Riley scored 20 points, Sharife Cooper added 18 and the Washington Wizards upset the Eastern Conference-leading Detroit Pistons 126-117 on Thursday night.
Los Angeles Rams quarterback Matthew Stafford was named the NFL MVP, just edging out four other candidates that included New England Patriots quarterback Drake Maye and Buffalo Bills quarterback Josh Allen, last year's MVP.
Tarik Skubal has won his salary arbitration hearing with the Detroit Tigers, and the two-time Cy Young Award winner will be paid a record $32 million this year instead of the team's $19 million offer.
Ron Teasley, a Detroit native who played for the New York Cubans in the Negro National League, died on Tuesday at age 99.
The Lions fan who was involved in an altercation with Steelers WR DK Metcalf and filed a $100 million lawsuit held a press conference.
The roundtable discusses the impact of the high-profile game for advertisers, including Detroit-based Rocket and Redfin.
Could a new entertainment tax and a new sales tax be ahead for the Motor City?
As the 2026 Detroit Auto Show wraps up Sunday, the roundtable discusses the signature event and standout moments from the past two weeks.
Penske and Reuss address a wide range of critical issues for Detroit, Michigan and the nation.
Huntington Place CEO Bryan Crowe and his team have been preparing to welcome hundreds of thousands of visitors to the Detroit Auto Show this week.
The Wayne County Airport Authority is looking into permanent barrier options after a driver crashed a vehicle into the McNamara Terminal at Detroit Metro Airport last month.
Oakland University police confirmed that a stabbing reported on campus Thursday night prompted a lockdown.
Bills that were passed by both the Michigan House and Senate are waiting for the Michigan Supreme Court to weigh in after spending months in legal limbo.
Development in Downtown Northville is getting recognition, both on a statewide and national stage.
It's been nearly two months since residents at the historic Leland House building in Detroit were displaced.