Store closures are surging in 2024. Here are the worst-hit retailers.
Due to bankruptcies and other problems, retailers plan to close almost 3,200 stores this year, up 24% from a year ago.
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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.
Workers at Volkswagen's factory in Chattanooga, Tennessee, will vote next month on whether they want to be represented by the United Auto Workers union.
Jeep maker Stellantis is laying off about 400 white-collar workers in the U.S. as it deals with the transition from combustion engines to electric vehicles.
Volkswagen's factory in Chattanooga, Tennessee, is likely to be the first test of the United Auto Workers' effort to organize nonunion automobile plants across the nation.
The United Auto Workers says a majority of workers at a Mercedes plant near Tuscaloosa, Alabama, have signed cards in support of joining the union.
On Tuesday, business and civic leaders did a deep dive into that report at One Campus Martius.
Americans can expect ebbing inflation and a strong job market this year, according to the National Association for Business Economics.
"Americans should feel confident that inflation will come down to levels that will no longer really be noticeable or worrisome to them," Yellen told CBS News.
U.S. Treasury Secretary Janet Yellen touted a strong economy and believes inflation is returning to normal levels while making several stops across Detroit on Wednesday, including NewLab at Michigan Central.
Bartender Catey Regis's pricey misadventure of buying a used car recently speaks to why voters are worrying about the U.S. economy going into this year's presidential election.
Ford says it swung to a net loss in the fourth quarter.
Although U.S. unemployment remains near a 50-year low, job losses have surged this month. Here's what tells about the state of the labor market.
UPS will lay off 12,000 workers and says it is ordering employees to return to the office five days a week.
Workers in some jobs, including many who are self-employed, enjoyed double-digit wage gains last year. Here's who got the biggest pay bumps.
This year's robust stock market performance defied analysts' predictions as investors cheered prospects of lower interest rates and inflation.
The monthly report signals hiring remains stronger than many economists had forecast, while the jobless rate dipped to 3.7%.
More than 1,000 workers at Volkswagen's Tennessee factory have signed cards authorizing a vote to be represented by the United Auto Workers union.
Ford Motor Co. says a six-week strike by the United Auto Workers union cut sales by about 100,000 vehicles and cost the company $1.7 billion in lost profits this year.
Holiday online shopping off to a strong start as retailers roll out larger discounts to tempt cash-strapped consumers.
Entering contract talks with Detroit's three automakers, Shawn Fain set lofty expectations for what he could gain for his union members — and delivered on many of them.
Michigan overpowered Arizona early and humbled the Wildcats all night long, turning the Final Four meeting billed as the Game of the Year into a 91-73 Wolverines highlight reel Saturday night.
Kerry Carpenter, Zach McKinstry and Matt Vierling hit two-run homers and drove in three runs apiece, and the Detroit Tigers powered their way to an 11-6, rain-shortened victory over the St. Louis Cardinals.
Tobias Harris led the charge against his former team Saturday night, helping Detroit clinch the No. 1 seed in the Eastern Conference.
A 60-year-old mid-Michigan resident has been sentenced to 1 year of probation for their role in an identity theft and unclaimed property fraud scheme that totaled more than $500,000, the state's Department of Attorney General said Friday.
Michigan is taking on Arizona in the Final Four Saturday night with a national championship berth on the line. CBS News Detroit went to the team hotel to capture the sights, sounds and emotions coming from fans ahead of the game.
Severe storms swept through Southeast Michigan Saturday evening amid reports of damaged houses and downed trees in parts.
Michigan overpowered Arizona early and humbled the Wildcats all night long, turning the Final Four meeting billed as the Game of the Year into a 91-73 Wolverines highlight reel Saturday night.
Teenagers took over downtown Detroit on Friday night, marking the second time in two weeks of such a gathering. The trend has become popular in cities across the country.
A 60-year-old mid-Michigan resident has been sentenced to 1 year of probation for their role in an identity theft and unclaimed property fraud scheme that totaled more than $500,000, the state's Department of Attorney General said Friday.
A 3-year-old child is dead and a motorist is in custody after the child was hit by a pickup truck in Cedar Springs, Michigan, on Friday.
Michigan Gov. Gretchen Whitmer has declared an energy emergency in eight Southeast Michigan counties amid rising gas prices across the state.
General Motors has announced that it's making another round of layoffs at its Factory Zero plant in Metro Detroit. The latest round, the second this year, impacts roughly 1,300 workers and is due to a readjustment of operations amid declining electric vehicle demand.
Cities in Michigan lose big tax revenue from pollution-control tax breaks, and many do not track what they give up.
Gas prices are currently hovering just below $4 a gallon in much of Michgan, AAA says.
Henry Ford introduced the moving assembly line, a system that reshaped industrial production and helped make automobiles more accessible to the public.
Kid Rock posted videos of the helicopters hovering by his Nashville home on social media over the weekend. The Army later confirmed the helicopters were on a training mission.
The bag, called the "Gold Standard Cassette Tape," features a bold, nostalgic design inspired by classic cassette tapes.
The price hike raises the cost of the standard plan with ads by $1 per month and the cost of the standard and premium plans by $2.
It's a sign that Metro Detroiters are ready to say goodbye to winter and welcome spring, and the Marche du Nain Rouge is a feast for the eyes.
Chuck Norris' family said his death at 86 was sudden, but did not share any details on the cause.
Tobias Harris led the charge against his former team Saturday night, helping Detroit clinch the No. 1 seed in the Eastern Conference.
Amid ongoing toilet trouble, the Artemis II astronauts reflected on the wonder of sailing through deep space to the moon.
The ruling follows a lawsuit filed earlier this month by a coalition of 17 Democratic state attorneys general.
The government's legal bid to continue East Wing construction has the hallmarks of President Trump's social media posts.
Dillon Dingler homered, Framber Valdez pitched six shutout innings and the Detroit Tigers ended a four-game losing streak with a 4-0 win over the St. Louis Cardinals in their home opener.
Prosecutors allege the dentist billed Medicaid for large numbers of unnecessary dental crown work on patients that was not provided.
According to the Michigan Department of Health and Human Services, there have been eight confirmed measles cases in the state in 2026.
A water services provider and its president are accused of falsifying water safety and discharge tests for private water systems serving mobile home communities in Michigan.
Michigan communities have received millions from a national opioid settlement, but some haven't spent any funds yet.
Paramedics and emergency medical technicians face a harsh reality in Michigan.
Michigan overpowered Arizona early and humbled the Wildcats all night long, turning the Final Four meeting billed as the Game of the Year into a 91-73 Wolverines highlight reel Saturday night.
Kerry Carpenter, Zach McKinstry and Matt Vierling hit two-run homers and drove in three runs apiece, and the Detroit Tigers powered their way to an 11-6, rain-shortened victory over the St. Louis Cardinals.
Tobias Harris led the charge against his former team Saturday night, helping Detroit clinch the No. 1 seed in the Eastern Conference.
Michigan is taking on Arizona in the Final Four Saturday night with a national championship berth on the line. CBS News Detroit went to the team hotel to capture the sights, sounds and emotions coming from fans ahead of the game.
The Red Wings lost an important game in their pursuit of a playoff spot, 4-1 at the Rangers on Saturday.
There's a focus on Michigan's defense industry as a national convention comes to Detroit in a few weeks, with over 11,000 people expected at Huntington Place.
Dave Coulter updates Oakland County's move to its new offices in downtown Pontiac and when that might take place.
Gardner White opened doors in Detroit in 1912, and the retailer continues to expand with nine new stores planned this year.
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.
Breezy, cool, with a chance of scattered showers for Sunday
For the second time in two weeks, teens took over downtown Detroit. The "teen takeover" trend has become popular in cities across the country. Veronica Ortega is hearing from Detroit business owners on how the trend is impacting them.
Along with Michigan men's basketball players, Wolverines fans are getting ready for Saturday's matchup. Many traveled to Indianapolis to watch the team try to punch their ticket to the national title game. CBS News Detroit's Jack Springgate reports from the team hotel.
Residents in Monroe County are seeing damaged homes and large downed trees after severe storms rolled through the area on Saturday afternoon. Julia Avant reports from Whiteford Township.
Some of Michigan's biggest fans are heading to Indianapolis to cheer on the Michigan Wolverines in the Final Four this weekend. However, no one will be cheering louder than the athletes' parents. CBS News Detroit spoke with the father of freshman Trey McKenney to learn about what led him to the Wolverines and the Final Four.