Investors close out 2023 with a stock market gain of 24%
This year's robust stock market performance defied analysts' predictions as investors cheered prospects of lower interest rates and inflation.
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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.
Members of the United Auto Workers union moved closer to approving a contract agreement with Stellantis on Friday as two large factories in Detroit voted overwhelmingly for the deal.
United Auto Workers union members approved a new contract with GM, making the company the first Detroit automaker to get a ratified deal.
About 46,000 United Auto Workers at General Motors on Thursday are expected to wrap up voting on a tentative contract agreement in a close race that will decide the fate of the deal that ended a six-week strike.
Stellantis says it will offer buyout or early retirement packages to about 6,400 nonunion U.S. salaried employees.
A $2 bill with a red seal can sell for $300 to $2,500. Those with brown or blue seals can sell for hundreds.
President Joe Biden made a major commitment to cultivate a relationship with the new head of the United Auto Workers before the start of strikes at General Motors, Ford and Stellantis.
From auto production lines to Hollywood, the power of labor unions is back in the national spotlight.
Britney Johnson is among the thousands of Ford Motor Co. workers who went on strike to force the automaker to improve pay for all.
Pressure in rising on General Motors as the lone holdout in a strike targeting all three big Detroit automakers after a tentative contract agreement with Jeep maker Stellantis was reached with the United Auto Workers union over the weekend.
About two in three Americans say their household expenses have risen over the last year, but only about one in four say their income has increased in the same period.
Ford has reported significant growth in the third quarter, although its financial results fell short of Wall Street estimates.
General Motors and Jeep maker Stellantis are meeting with United Auto Workers bargainers to see if they can reach a contract agreement that mirrors a deal signed with crosstown rival Ford.
The United Auto Workers union appears to be edging closer to a tentative contract agreement with Ford that would be critical to ending the union's 6-week-old strikes against the three major Detroit automakers, two people with knowledge of the talks said Wednesday.
Throughout its 5-week-old strikes against Detroit's automakers, the United Auto Workers union has cast an emphatically combative stance, reflecting the style of its pugnacious leader, Shawn Fain.
Canadian autoworkers have voted to ratify a three-year contract agreement with General Motors.
Many Americans are sour about the economy as median household incomes took a hit in one-third of U.S. states, while stagnating elsewhere.
The United Auto Workers union significantly escalated its walkout against Detroit's Three automakers by going on strike Wednesday at the largest and most profitable Ford plant in the world.
Detroit's three automakers have laid off roughly 4,800 workers at factories that are not among the plants that have been hit by the United Auto Workers strikes, which have lasted for nearly four weeks.
General Motors and the union representing Canadian autoworkers have reached a tentative contract agreement, ending a strike that began just after midnight.
Frustration is growing in Westland, Michigan, as residents report missed and delayed trash pickups across the city. Some say the problem has dragged on for weeks.
New data from Flint's Rx Kids program shows an 18% reduction in preterm births and a 27% drop in low birth weights, and Detroit officials say they expect similar results as enrollment nears 3,000 families.
Manuel Bardakjian, the Livonia man accused of attempting to break into two homes on back-to-back days last month, was arraigned on charges and entered a not guilty plea during a virtual court appearance.
The 29th annual Michigan Lottery Arts, Beats & Eats festival kicks off Labor Day weekend in Royal Oak.
Michigan lawmakers and women formerly incarcerated at the Women's Huron Valley Correctional Facility in Ypsilanti are looking for answers after three women died at the facility in the past month.
The National Weather Service issued multiple tornado warnings in Michigan on Tuesday.
While the ribbon-cutting and traffic opening dates for the Gordie Howe International Bridge have not officially been announced, it appears that both events will happen soon.
Medicare's hospital insurance trust fund will be unable to pay full benefits in 2033, which could lead to higher health care costs for Americans over 65.
2026 will be the final year for the Rocket Classic in Detroit.
Toledo's police chief said Tuesday that a dispute between two rival groups appears to have triggered the mass shooting near the Old West End Festival, and two firearms believed to have been fired have been seized.
American Axle, which is headquartered in Detroit, is a Tier 1 supplier to General Motors. UAW members have launched a strike at its Three Rivers site.
The UAW became known for fighting for higher wages, improved benefits and safer working conditions for workers across the auto industry.
Stellantis unveiled a nearly $70 million five-year strategic plan with the launch of new vehicles — including hybrids and EVs — over the next five years.
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.
The 29th annual Michigan Lottery Arts, Beats & Eats festival kicks off Labor Day weekend in Royal Oak.
Joe Negri, known to many as Handyman Negri on "Mr. Rogers' Neighborhood," has died at the age of 99, just days shy of his 100th birthday.
Stephen Colbert, former host of "The Late Show," is helping raise money for the Michigan nonprofit Monroe Community Media after appearing on a broadcast of the organization's community access program "Only in Monroe" earlier this month.
President Trump said he is considering replacing the Freedom 250 concert series with a rally after many artists dropped out.
Sonny Rollins, the legendary tenor saxophonist known for his bold tone and constant experimentation, has died at 95.
New data from Flint's Rx Kids program shows an 18% reduction in preterm births and a 27% drop in low birth weights, and Detroit officials say they expect similar results as enrollment nears 3,000 families.
Economists expect the Consumer Price Index this week to show U.S. inflation continuing to rise due to higher energy costs.
Attorneys for Salah Sarsour, president of Wisconsin's largest mosque, told a federal judge he has lost 30 pounds and is not receiving consistent medical care for Type 2 diabetes while held in an Indiana jail.
Medicare's hospital insurance trust fund will be unable to pay full benefits in 2033, which could lead to higher health care costs for Americans over 65.
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
New data from Flint's Rx Kids program shows an 18% reduction in preterm births and a 27% drop in low birth weights, and Detroit officials say they expect similar results as enrollment nears 3,000 families.
Feldman Automotive and the Wahlberg family teamed up to launch the outing six years ago, growing it into one of the region's top charity golf events.
Now out of the hospital, Tavaun Clark says he's focused on recovering and getting back to what he loves most, playing football this summer.
According to the U.S. Attorney's Office, the two people are accused of providing federal authorities with false statements after arriving at the McNamara Terminal on Jan. 25, 2026.
West Nile virus has been detected among mosquitoes in two locations near Grand Rapids, the Kent County Health Department said.
2026 will be the final year for the Rocket Classic in Detroit.
Detroit Red Wings captain Dylan Larkin has requested a trade by submitting a three-team list of desired destinations, a person familiar with discussions confirmed to The Associated Press.
Feldman Automotive and the Wahlberg family teamed up to launch the outing six years ago, growing it into one of the region's top charity golf events.
Denny Hamlin went from the rear to first again Sunday, winning at Michigan International Speedway to earn his second consecutive NASCAR Cup Series victory from the pole position.
Kevin McGonigle homered in the fourth inning and hit a two-run single off All-Star closer Andrés Muñoz with two outs in the bottom of the ninth that gave the Detroit Tigers a 5-4 victory over the Seattle Mariners.
Four leaders appear in one-on-one conversations on CBS Detroit's Michigan Matters this Sunday to discuss their political futures and the road ahead in the 2026 midterms.
Bob Riney, president and CEO of Henry Ford Health, headlines Michigan Matters this Sunday, along with three other community champions who discuss important issues dissected at the Mackinac Policy Conference.
It's the fourth year the Detroit Grand Prix has been on the streets of the Motor City after moving from Belle Isle.
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.
Frustration is growing in Westland, Michigan, as residents report missed and delayed trash pickups across the city. Some say the problem has dragged on for weeks.
Nearly 3,000 families are enrolled in Detroit's Rx Kids program, and new data from Flint — where the program launched first — is giving city officials confidence the results will carry over.
This will be the final year for the Rocket Classic in Detroit. Rocket Companies has sponsored Detroit's PGA TOUR stop since 2019, but they declined to pick up its option for 2027.
Manuel Bardakjian, the Livonia man accused of attempting to break into two homes on back-to-back days last month, was arraigned on charges and entered a not guilty plea during a virtual court appearance.
A new Michigan-based tech company is hoping to help law enforcement improve underwater search capabilities, and they are already seeing results.