Obama Nominates U-M Professor Kathryn Dominguez To Federal Reserve Board
President Barack Obama is nominating economist Kathryn Dominguez to serve on the Federal Reserve's board of governors.
President Barack Obama is nominating economist Kathryn Dominguez to serve on the Federal Reserve's board of governors.
U.S. stocks surged Thursday after the Federal Reserve unveiled a long-awaited package of aggressive steps to spur economic growth.
On Monday, the Treasury Department sold 553,846,153 shares in AIG on Monday, turning an $18 billion profit on the $32.50 a share price.
Americans increased their borrowing in December for the second straight month
The Federal Reserve, looking to provide a boost to a modestly growing economy, said Wednesday that it's unlikely to raise interest rates before late 2014.
Policy deciders at the Federal Reserve are expected to announce Wednesday afternoon whether the central bank will make moves to stimulate the economy.
The Federal Reserve says it will likely keep interest rates at record lows for the next two years after acknowledging that the economy is weaker than it had thought, with increasing risks.
A new e-mail claiming to be from the Federal Reserve is hitting corporate in boxes around the country seeking to infect computers with malware. The Better Business Bureau of Detroit and Eastern Michigan is alerting businesses not to fall for this phishing attack.
The Federal Reserve sizes up the economy in a two-day policy meeting which concludes Wednesday.
On the stand, Michael Cohen told jurors about the decade he spent working for Trump as his self-described "fixer" and attorney.
Portage Public Schools officials announced that students returned to class on Monday, nearly a week after a tornado struck Portage, Michigan.
The widow of a Detroit man mauled by three dogs has filed a wrongful death lawsuit against the dogs' owners, the city shelter and a nonprofit that supports their operations.
The 30th annual Royal Oak in Bloom flower and garden sale took place in parking lots across downtown Royal Oak on Sunday.
State officials say Jason Tolonen allegedly sent threatening emails to Michigan Gov. Gretchen Whitmer
On the stand, Michael Cohen told jurors about the decade he spent working for Trump as his self-described "fixer" and attorney.
Quarterback Jared Goff will remain a Detroit Lion for another four years after reportedly signing an extension with the team.
Portage Public Schools officials announced that students returned to class on Monday, nearly a week after a tornado struck Portage, Michigan.
The widow of a Detroit man mauled by three dogs has filed a wrongful death lawsuit against the dogs' owners, the city shelter and a nonprofit that supports their operations.
The 30th annual Royal Oak in Bloom flower and garden sale took place in parking lots across downtown Royal Oak on Sunday.
United Auto Workers union members at Stellantis' Warren Stamping Plant voted on Monday to authorize a strike over health and safety concerns.
Members of UAW Local 869 are scheduled to vote on May 6 over safety concerns at the plant.
Technology originally developed for homeland security is now available in Michigan to inspect every inch of your car. Developers say UVeye is like getting an MRI for your vehicle.
A bill introduced to the Michigan Legislature is looking to decrease noise pollution around Metro Detroit, more particularly along Woodward Avenue.
Ford Motor Co.'s first-quarter net income fell 24% from a year ago as the company's combustion engine vehicle unit saw revenue and sales decline.
Steve Buscemi was allegedly punched in the face in Manhattan's Kips Bay neighborhood last week.
Prince Harry and Meghan are in Nigeria for a 3-day tour at the invitation of the African nation's military.
Taylor Swift's The Eras Tour began its European leg with four dates at the La Defense Arena in Paris with a revamped setlist.
This will be the first baby for Hailey and Justin Beiber, who announced their pregnancy after more than five years of marriage.
UmaSofia Srivastava resigned as Miss Teen USA on Wednesday, just two days after Noelia Voigt stepped down as Miss USA.
On the stand, Michael Cohen told jurors about the decade he spent working for Trump as his self-described "fixer" and attorney.
A vote by the German automaker's Alabama workers to join the UAW would be a "milestone event," labor expert said.
Interest in raw milk is rising in the U.S., fueled by both "wellness" and conservative influencers on social media — even though it can make people very sick.
Steve Buscemi was allegedly punched in the face in Manhattan's Kips Bay neighborhood last week.
Peggy Means' only daughter was in a coma with virtually no chance of ever coming out of it, doctors told her. And yet, Means refused to let them pull the plug.
The fitness chain's $10 monthly membership is one of few things that had remained unchanged since 1998 — until now.
Elon Musk's Neuralink finds a brain-computer interface device captured less data a month after implant surgery.
A Metro Detroit mother wants her 1-year-old transferred to a hospital out of state after she says she raised concerns about her daughter's care at Children's Hospital of Michigan.
An 11-year-old boy in Warren has made medical history. He is one of two children in the world to receive an experimental gene therapy procedure to restore vision.
Panera is phasing out a highly caffeinated selection of lemonade beverages that's at the center of several lawsuits.
Quarterback Jared Goff will remain a Detroit Lion for another four years after reportedly signing an extension with the team.
The third annual Michigan Special Hockey Clinic took place at the St. Clair Shores Civic Arena on Saturday.
Northwestern attacker Izzy Scane has broken the Division I record for women's lacrosse goals.
The Detroit Lions announced season tickets have completely sold out for the 2024 season.
Maggie Steffens asked for more support for the U.S. women's water polo team, and the captain received one surprising response: Flavor Flav.
The roundtable discusses mobility and the importance of marque events like the 2024 NFL Draft, the Detroit Auto Show and more.
By the time this presidential race is over, Biden, Trump and their entourages may not need Michigan driver's licenses, but they'll know their way around and where the orange barrel construction zones are enough to void them on their way to campaign events.
The Motor City is putting the final touches in place for the 2024 NFL Draft as it rolls into Detroit next week.
Michael Bickers, Regional President of PNC Southeast Michigan/Detroit, and Eric Poe, CEO of CURE Auto Insurance, appeared on CBS Detroit's Michigan Matters.
Businesses across Michigan are feeling optimistic about the future after weathering the historic 100-year health pandemic that impacted every company in one way or another.
A local organization is calling on cities across Michigan to take a second look at old laws on the books that could prevent some substance abuse disorder treatment programs.
Cooler air arrives Tuesday with clouds and a few small showers, but the heat comes right back on the way to a hot weekend.
The widow of a Detroit man mauled by three dogs has filed a wrongful death lawsuit against the dogs' owners, the city shelter and a nonprofit that supports their operations.
Quarterback Jared Goff will remain a Detroit Lion for another four years after reportedly signing an extension with the team.
Donald Trump's former lawyer Michael Cohen testified Monday during the former president's hush money trial.