This number helps explain why many Americans are down on the economy
American workers' share of the nation's income is at its lowest point in almost 80 years, as more of the economy's gains flow to corporations and investors.
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American workers' share of the nation's income is at its lowest point in almost 80 years, as more of the economy's gains flow to corporations and investors.
Many Michigan residents are wondering when the Gordie Howe International Bridge between Canada and Detroit will open. Others are asking whether the infrastructure could be a big boost for business in Southwest Detroit. Julia Avant spoke with an expert who says it's more than just another way across the border.
The Consumer Price Index rose last month at a 4.2% annual rate amid a spike in U.S. energy prices.
New York Fed survey shows growing concern about household finances and the job market, even as the job market remains solid.
President Trump is spending the weekend in New Jersey after a roundtable with farmers in Wisconsin on Friday. During the discussion, Mr. Trump discussed the higher-than-expected employment figures for the month of May. Wendy Gillette reports.
Gas prices, inflation weigh on Americans. Many see lack of clarity on what's happening in Iran.
Experts said it's unlikely consumers will see a drop in prices moving forward.
Economists say Americans should expect elevated prices at the pump and rising grocery costs in the months to come.
Michigan is playing a key role in the U.S. space industry, contributing to the Artemis II rocket mission.
Mayor Mary Sheffield announced a coalition effort to grow Detroit's population through a $500,000 housing program and raised the city employee minimum wage to $21.45 an hour starting in July.
It's a flavor so iconic that it's even made its way out of the glass at one bar that has celebrated its release since the beginning.
Stocks fell sharply on Wall Street on Thursday as oil prices rose further because of the war with Iran.
U.S. motorists could soon see higher prices at the pump as oil prices surge following the attacks in Iran.
President Trump touted his work during his first year back in office, saying, "inflation is plummeting, incomes are rising fast, the roaring economy is roaring like never before."
Experts say the Ambassador Bridge can't keep up with demand for trade, jobs and tourism between Detroit and Windsor anymore.
The latest partial government shutdown is disrupting the release of closely watched economic data.
The value of homes in Detroit rose for the 11th year in a row, Mayor Mary Sheffield said on Friday.
Dow's announcement comes after several other large corporations, from Amazon to UPS, said they plan to cut jobs.
Michigan State University is making a major push to build students' digital skills, especially in artificial intelligence.
President Trump returned to Southeast Michigan on Tuesday, where he toured a Ford factory in Dearborn and delivered a speech at the Detroit Economic Club.
President Trump defended his tariffs at a speech in Michigan, after he visited a factory in Dearborn.
From stubbornly high living costs to a softer labor market, economists say these are the forces that will shape the year ahead.
Several major retailers are now charging customers to return items even if they are unopened and in perfect condition.
The economy remained on track this year, defying the gloomiest predictions. That doesn't mean Americans are thrilled with how things are going.
Economic growth blew past forecasts in the third quarter despite ongoing concerns about jobs, tariffs and inflation.
Police say the shooting stemmed from a dispute involving several young adults.
Two people are in custody after a shooting left two dead and another person injured at the Fairlane Town Center in Dearborn, police said.
Rishi Sharma started his journey 10 years ago by driving around his Southern California neighborhood to record interviews with veterans and later expanded his outreach.
Hundreds of thousands of Michigan residents were without power as severe storms and strong winds rolled through the state Friday evening.
In just over a month, six freeway shootings have been reported across Metro Detroit.
Two people are in custody after a shooting left two dead and another person injured at the Fairlane Town Center in Dearborn, police said.
Police say the shooting stemmed from a dispute involving several young adults.
Hundreds of thousands of Michigan residents were without power as severe storms and strong winds rolled through the state Friday evening.
This Fourth of July holiday weekend, law enforcement in Oakland County will step up patrols on the lakes. It's part of a nationwide campaign called Operation Dry Water.
The 2027 budget includes no new statewide taxes or fees and preserves the state's rainy-day fund, according to lawmakers.
The Pontiac Star Car Reunion at the Oakland Expo Center features a wide range of vehicles.
President Trump says major automakers Ford and General Motors are in talks with defense contractors about possibly repurposing some plants for weapons production.
According to AAA, the average cost of gas statewide sits at $4.07.
Ford is recalling more than 250,000 vehicles that were incorrectly repaired under a previous recall meant to fix a problem that caused the engine to stall while driving, according to the National Highway Traffic and Safety Administration.
The United Auto Workers announced on Wednesday a tentative agreement with American Axle in Three Rivers, Michigan, ending a 10-day strike.
Taylor Swift and Travis Kelce were married as they celebrated their wedding with hundreds of guests Friday at Madison Square Garden in New York City.
The Hitsville USA campus is undergoing a $75 million donor-funded expansion that includes a theater, recording studio, and immersive exhibits, with a grand reopening planned for 2027.
Grammy Award-winning rapper and recording artist Ludacris won't be performing at the National Cherry Festival in Traverse City, Michigan, after initially being billed for the event due to an "unforeseen scheduling conflict," according to organizers.
National Detroit-style Pizza Day is June 23, a date tied to a dish that traces its roots to a Detroit neighborhood bar and a Sicilian family recipe from 1946.
Crews have been preparing all morning, getting everything ready for the show just after 10 p.m.
Rishi Sharma started his journey 10 years ago by driving around his Southern California neighborhood to record interviews with veterans and later expanded his outreach.
CBS News previously reported President Trump was weighing pardons of a slate of people convicted of emissions and clean air-related violations.
Federal safety regulators are urging consumers to stop using the recalled fireworks and return them for a full refund.
As Americans endure another bout of extreme heat, experts say small thermostat adjustments and other energy-saving steps can help reduce soaring cooling costs.
President Trump hasn't committed to a firm number of people who will receive clemency — he's scheduled to have a meeting on pardons Friday afternoon, sources said.
Cyclosporiasis isn't deadly, but state health officials say it can cause diarrhea, nausea, bloating and cramps.
The heat wave can even be dangerous if you don't take extra precautions to stay cool.
An investigation into cyclospora cases has expanded into seven Michigan counties, as health officials seek to determine the cause of the gastrointestinal illness.
DaVita says its Novi dialysis center will resume patient services July 2 after third-party reviews of equipment and water quality found no problems, as a state investigation into a patient death and multiple hospitalizations continues.
Officials say the source of the infection is currently unknown. The department did not say how many cases were confirmed in the county.
The Rangers matched a season high with 17 hits en route to their seventh victory in eight games.
Folarin Balogun got the scoring going with a goal in the 45th minute, but was sent off with a controversial red card in the 64th minute.
Camilo Doval forced in the go-ahead run with a bases-loaded walk in a four-run 11th inning that gave the Tigers a 6-2 victory over the Yankees on Wednesday.
The 33-year-old played in Detroit during the 2024 and 2025 seasons, helping the team make back-to-back playoff appearances.
Riley Greene hit two of Detroit's four homers off Cam Schlittler as the Tigers beat the Yankees 9-3 on Tuesday night and sent New York to its season-worst sixth straight loss.
Mark Hollis, COO of Rocket Entertainment and tournament director of the PGA Tour's Rocket Classic, appears on Michigan Matters.
Former U.S. Energy Secretary and Michigan Gov. Jennifer Granholm appears exclusively on CBS Detroit's Michigan Matters.
We're in the throes of the 100 most dangerous driving days of the year as more folks take to the road for vacations.
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.
While cleanup continues tonight, more storms are on the way overnight into Saturday morning.
Two young men were killed, and another was injured on Friday afternoon after a shooting inside Fairlane Town Center in Dearborn, Michigan, sending shoppers and employees running for safety.
Two people are in custody after a shooting left two dead and another person injured at the Fairlane Town Center in Dearborn, Michigan, Friday afternoon, police said.
Strong storms and high winds rolled through Southeast Michigan on Friday, causing significant damage.
Former NBA All-Star and Entrepreneur Jalen Rose, EMU president Brendan Kelly, DTE’s Trevor Lauer and Oakland University president Ora Hirsch Pescovitz headline an all-star Michigan Matters episode featuring leaders from across the state at the Detroit Regional Chamber’s Policy Conference.