Inflation slowed in October, gauge closely tracked by Fed shows
Inflation dropped to still-high 6%, likely bolstering Fed's resolve to keep raising interest rates well into 2023.
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Inflation dropped to still-high 6%, likely bolstering Fed's resolve to keep raising interest rates well into 2023.
The House vote to impose a contract brokered by the White House but rejected by some workers was 290 to 137.
It's estimated more gift buyers are likely to shop on Small Business Saturday than Black Friday this year.
Heading into the all-important holiday shopping season, American consumers still aren't feeling very confident about the state of the US economy.
Wall Street was betting on a red wave in the midterm elections Tuesday. But so far it appears that didn't happen.
Inflation? High gas prices? American gamblers are shrugging them off — and losing money at casinos at a record pace.
A measure of inflation that is closely monitored by the Federal Reserve remained painfully high last month, the latest sign that prices for most goods and services in the United States are still rising steadily.
Fresh from Tuesday's primary where the stage for November's election is now set, top leaders of the state's Democratic and Republican Parties appear on CBS 62's "Michigan Matters" to talk about the road ahead and some heated races coming up in November.
Gov. Gretchen Whitmer talked about her plans to fix the state's ailing roads, the pandemic and politics on "Michigan Matters" airing 8am Sunday on CBS 62.
The funds will be spent on helping families with quality childcare and children's savings accounts.
As the pandemic winds down, an offshoot has been a growing jobs gap particularly in the skilled trades, which is why CBS 62's "Michigan Matters" is taking a look this Sunday at 7:30 a.m. at one unique program to train more tree trimmers.
Gov. Gretchen Whitmer discusses the dizzying issues that arose this year including the pandemic, economic fallout, and a heated election on CBS 62's "Michigan Matters."
Florida set a single-day record for new COVID-19 cases in early July, passing 15,000 and rivaling New York's worst day.
Amazon and Netflix continue to do well as coronavirus isolates people in their homes, but many other companies have benefited or may soon.
The stock market had a miserable 2018, but some companies bucked the trend to post an exceptionally good year.
The Department of Education said Thursday that it would wipe away student debt for 15,000 borrowers, implementing an Obama-era rule that Secretary Betsy DeVos has fought to block for more than a year.
As the value of Bitcoin continues to drop, Ohio becomes the first US state to accept the cryptocurrency in paying taxes.
The U.S. Department of Housing and Urban Development has awarded more than $3.2 million in grants to help people in Michigan find housing, make better informed choices about housing and keep their homes.
For the second year in a row, US seniors will see increases in their Social Security checks starting in January.
Student loan debt is down slightly, but remains a crisis for graduates in Michigan and elsewhere who struggle to pay back their loans.
Volkswagen has found a new way to use a 3D printer: To mass produce car parts.
More than a third of renters have kids at home, and may find themselves balancing the rising costs of raising a family with the rising costs of renting a home or apartment.
The top government official in charge of regulating student loan companies is resigning in protest, writing in a blistering letter that the Trump administration has abandoned consumers.
The World Bank is turning to blockchain to help it raise money.
How hard is it to save? That depends on many things and where you live is one of them.
Southfield police say their investigation into a fatal shooting at the Bloom Lounge is over, adding that a security guard who fatally shot a woman will not be charged.
Two Flint men were charged after one allegedly shot the other during an altercation inside a restroom on Mott Community College's campus.
Dylan Larkin scored the go-ahead goal early in the third period and the surging Detroit Red Wings beat the San Jose Sharks 4-2.
Whitmer is expected to discuss her time in office and her proposals on creating jobs, lowering costs, continuing investments in education and literacy and building housing.
Former EMU players Jalen Terry and Da'Sean Nelson and current player Carlos Hart were among the 26 people indicted this week
Temperatures drop Saturday and Sunday with a few more chances for snow.
Southfield police say their investigation into a fatal shooting at the Bloom Lounge is over, adding that a security guard who fatally shot a woman will not be charged.
Former EMU players Jalen Terry and Da'Sean Nelson and current player Carlos Hart were among the 26 people indicted this week
Two Flint men were charged after one allegedly shot the other during an altercation inside a restroom on Mott Community College's campus.
Dylan Larkin scored the go-ahead goal early in the third period and the surging Detroit Red Wings beat the San Jose Sharks 4-2.
The Detroit Auto Show's Charity Preview is Friday night, and CBS News Detroit is taking you there.
The North American International Auto Show in Detroit once dedicated an entire track on its coveted show floor to getting consumers comfortable with electric vehicles and charging.
Penske and Reuss address a wide range of critical issues for Detroit, Michigan and the nation.
UAW Vice President Laura Dickerson confirmed that the worker is suspended with pay while Ford and the UAW discuss next steps.
In a tale of two speeches, Michigan Gov. Gretchen Whitmer has offered a rebuttal to President Trump's defense of his tariff policies, made just days before by the president in Detroit.
In a video provided to TMZ on Tuesday, Timothy Busfield said the allegations "are all lies."
Scott Adams, the cartoonist who created the "Dilbert" comic strip, has died at the age of 68, his first ex-wife revealed on Tuesday.
Here is everything you need to know about how to watch and stream the 2026 Golden Globes.
Bob Weir wrote or co-wrote and sang lead vocals on Grateful Dead classics including "Sugar Magnolia," "One More Saturday Night" and "Mexicali Blues."
Isiah Whitlock Jr. is perhaps best known for his role as state Sen. R. Clayton "Clay" Davis on HBO's "The Wire."
Dylan Larkin scored the go-ahead goal early in the third period and the surging Detroit Red Wings beat the San Jose Sharks 4-2.
As obesity rates among Americans drop and weight loss drugs lead to a slimmer society, airlines could save on fuel costs, according to a recent analysis.
Curtis International is recalling an additional 330,000 Frigidaire-brand minifridges to an existing recall after reports of the product catching fire.
A new tax deduction for senior citizens is kicking in this tax season, potentially providing bigger refunds to millions, the AARP says.
William J. Brock fatally shot the driver after wrongly assuming she was in on a plot to get $12,000 in supposed bond money for a relative, authorities said.
While the termination of these substance abuse and mental health service funds is now reversed, the 48-hour rollercoaster is creating uncertainty and distrust from organizations relying on those dollars.
The U.S. House of Representatives approved Thursday a three-year extension of subsidies for the Affordable Care Act.
Michigan health officials say only 23% of Michigan residents have received this year's influenza vaccine.
The CDC took six previously routine vaccinations off its recommendation list, but Michigan health officials suggest parents consider those immunizations anyway.
Eligible Detroit families will receive $1,500 during pregnancy, along with $500 per month for six months, for a total of $4,500 through Rx Kids.
Dylan Larkin scored the go-ahead goal early in the third period and the surging Detroit Red Wings beat the San Jose Sharks 4-2.
Former EMU players Jalen Terry and Da'Sean Nelson and current player Carlos Hart were among the 26 people indicted this week
A termination letter sent to ex-University of Michigan football head coach Sherrone Moore details the university's findings that resulted in Moore's firing last month.
Authorities said the alleged scheme involved 39 players, 17 different NCAA Division I men's basketball teams and 29 games.
Jeremy Swayman stopped 24 shots for his first shutout of the season, and the Boston Bruins beat the Detroit Red Wings 3-0 on Tuesday night.
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 focus is on health, as Dusty Mysen, a father of four from Oxford, diagnosed with pancreatic cancer several years ago, who underwent aggressive therapy, is now cancer-free five years later.
The roundtable discusses efforts by political and corporate leaders to raise the bar and improve K-12 education with a focus on raising reading scores.
With one in eight adults at risk for kidney disease, Dr. Silas Norman, a University of Michigan doctor specializing in kidney health, and Sandy Baruah, President and CEO of Detroit Regional Chamber, appear on Michigan Matters.
The Justice Department announced it is investigation Minnesota Gov. Tim Walz and Minneapolis Mayor Jacob Frey for allegedly conspiring to impede federal immigration agents.
To kick off the 2026 Detroit Auto Show, hundreds gathered downtown for the annual Charity Preview. The event benefits six organizations in the area.
Southfield police say their investigation into a fatal shooting at the Bloom Lounge is over, adding that a security guard who fatally shot a woman will not be charged.
The 2026 Detroit Auto Show kicked off its annual Charity Preview on Friday, Jan. 16.
Friday is the Detroit Auto Show's Charity Preview, and Mayor Mary Sheffield speaks one-on-one with CBS Detroit's Lauren Winfrey about the meaning behind the event and what the auto industry means to the city of Detroit.