Boomer wealth transfer will mostly benefit the already rich, report finds
Trillions of wealth passed down by the baby boomers will likely go to younger Americans who are already rich. Here's how much they'll get.
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Trillions of wealth passed down by the baby boomers will likely go to younger Americans who are already rich. Here's how much they'll get.
A man from the Chicago suburbs lost $69,000 of his savings to a scam by a thief using an AI-generated U.S. Marshals badge to intimidate him.
Travel expert Julian Kheel says Spirit Airlines announcement that it's ceasing operations will have an impact on flight prices moving forward.
Junior Achievement of Southeastern Michigan is helping kids and teens make sense of the dollars and cents they need to support themselves. On Saturday, the nonprofit hosted an event where youth could learn tips on saving, creating a budget and the importance of understanding how credit works.
Sports betting companies face mounting competition from rapidly growing prediction markets such as Kalshi and Polymarket.
It's time to buy candy for Halloween. But now with tariffs and inflation, experts believe your dollar will not stretch as much as it usually does.
The Genesee County Sheriff's Office says it's covering the service fees of personal protection orders for people unable to pay for them.
With open enrollment starting soon, employees could get sticker shock, with their costs expected to rise 6% to 7% for 2026, a new study says.
A 2025 analysis from Edmunds reveals that nearly 20% of new car buyers are committing to monthly payments of $1,000 or more.
For millions of people around the U.S., financial stability amounts to a "rare luxury," Bankrate survey finds.
Allianz survey finds that nearly two-thirds of Americans are more worried about running out of money in retirement than they are about dying.
Many people in their 50s are part of the so-called "sandwich generation" of workers who support both young relatives and aging parents.
Each presidential candidate is proposing significant changes to the tax code. Here's who would win and lose.
A Bankrate survey found that one-third of Americans say they're living paycheck to paycheck and have little money for savings.
Living comfortably means being able to pay all bills, afford a handful of wants and be able to save for the future.
Older Gen Xers are turning 59 ½ this month, when they can withdraw retirement assets without a penalty. But many don't have enough saved.
Robust corporate profits and steady U.S. economic growth are driving stocks to record highs.
The annual income needed to afford even a basic home in the U.S. has risen sharply since the pandemic, a new report shows.
Instead of bypassing alcohol as many Americans did with Dry January, it's time to ditch dining out and usher in Frugal February.
Things are looking up for Jonathan Mularoni after a chance encounter at a previous job.
Central bank officials will announce on Wednesday if they are hiking the federal funds rate for a 10th consecutive time.
Whether it's five, ten or twenty bucks, 17-year-old Ian Weinberg says any money you can put away to save when you're young will help you later.
Officials announced the takeover on Sunday, after shares of Credit Suisse plummeted last week despite a $54 billion loan from the Swiss National Bank.
A local finance expert reacts after two banks collapsed following a run on deposits.
GLWA is redesigning its Water Residential Assistance Program so more people can take advantage of it.
What started as a routine trip to Taco Bell has turned into a nearly two-week hospital stay for Southfield resident Ella-Salone Jones. She shares her story amid a multistate cyclosporiasis outbreak.
For Joseph and Johnathan Rinehart in Clarkston, Michigan, wiffle ball is not just a friendly game; it's an opportunity to bring people together and uplift a local historical church in need.
The Grosse Pointe Park City Council says it took inspiration from another nearby city after St. Clair Shores made a change to Express Waste last month and saw how much better it's been.
The man told officers that the animal remains were part of a personal religious practice that he believed would protect him from death.
Records show that the Wayne County Airport Authority's bid was listed as the "highest and best," and that no other qualified bids were submitted by the July 16 deadline.
Windsor Mayor Drew Dilkens says he still plans to celebrate the opening of the Gordie Howe International Bridge after Canada withdrew from a joint event with the U.S.
What started as a routine trip to Taco Bell has turned into a nearly two-week hospital stay for Southfield resident Ella-Salone Jones. She shares her story amid a multistate cyclosporiasis outbreak.
For Joseph and Johnathan Rinehart in Clarkston, Michigan, wiffle ball is not just a friendly game; it's an opportunity to bring people together and uplift a local historical church in need.
The Grosse Pointe Park City Council says it took inspiration from another nearby city after St. Clair Shores made a change to Express Waste last month and saw how much better it's been.
The number of cyclosporiasis cases in Michigan has topped 7,100 as health officials continue to track a parasite that can cause diarrhea and nausea.
Many newer vehicles are equipped with high-efficiency cabin air filters capable of capturing a significant amount of fine particulate matter.
Lawmakers in Michigan are working to push legislation that would stiffen penalties on noisy vehicles with exhaust modifications.
As the United States marks its 250th birthday, Ford Motor Company is showcasing more than a century of automotive history in a new exhibit that explores the company's role in shaping America.
The Detroit Auto Show has spent more than a century evolving alongside the auto industry. It has grown from a small, local exhibition into one of the world's premier automotive events.
The Pontiac Star Car Reunion at the Oakland Expo Center features a wide range of vehicles.
Behind every video is a true family effort.
Concerns surrounding air quality are prompting event organizers across Metro Detroit to make adjustments to their festivities or cancel altogether.
The few who aren't open for business on Thursday say it's out of concern for their employees' health and to protect their art.
Bonnie Tyler, the Welsh pop star best known for singing the chart-topping power ballad "Total Eclipse of the Heart" in 1983, has died. She was 75.
The nominations for the 78th annual Primetime Emmy Awards were announced Wednesday morning in Los Angeles, with the final season of HBO Max's "Hacks" setting a new record for the most nominations in a single year for a comedy series.
Windsor Mayor Drew Dilkens says he still plans to celebrate the opening of the Gordie Howe International Bridge after Canada withdrew from a joint event with the U.S.
Sen. Gary Peters told Defense Secretary Pete Hegseth at a Senate hearing that he bears personal responsibility for the lack of a winning strategy in the ongoing war with Iran.
A generic version of the allergy medication Zyrtec is under recall across the U.S. over cross-contamination concerns.
Democrats in the Senate and House are investigating the origins of a DOJ legal opinion that would make it easier for states to keep people with mental illness in institutions, rather than helping them to live at home.
Rising gas prices, an unpopular war in Iran, and auto industry tariffs have fueled Republican concerns in Michigan ahead of the state's Aug. 4 primary.
What started as a routine trip to Taco Bell has turned into a nearly two-week hospital stay for Southfield resident Ella-Salone Jones. She shares her story amid a multistate cyclosporiasis outbreak.
A generic version of the allergy medication Zyrtec is under recall across the U.S. over cross-contamination concerns.
The number of cyclosporiasis cases in Michigan has topped 7,100 as health officials continue to track a parasite that can cause diarrhea and nausea.
The number of cyclosporiasis cases in Michigan continues to grow in the hundreds each day as health officials track a parasite that can cause diarrhea and nausea after contaminated food is eaten.
While the U.S. Food and Drug Administration is still working to identify the source of a parasite that has caused a cyclosporiasis outbreak, a Michigan doctor says officials are closer than you think to solving the case.
For Joseph and Johnathan Rinehart in Clarkston, Michigan, wiffle ball is not just a friendly game; it's an opportunity to bring people together and uplift a local historical church in need.
Chicago collected 11 hits while improving to 23-10 in its last 33 games, bouncing back nicely after losing 8-6 in 10 innings in the series opener on Monday night.
U-M President Domenico Grasso announced Monday that Manuel will leave the role by the end of the year, as a third-party culture review found failures to act on allegations of wrongdoing within the athletic department.
A Detroit nonprofit's annual summer celebration was in jeopardy after 400 pairs of shoes were stolen from its warehouse. Thanks to the community, Hoopfest was able to move forward.
Ryan Johnson struck out five and allowed one run in five solid innings, Jorge Soler and Zach Neto delivered RBI hits and the Los Angeles Angels snapped a four-game skid with a 3-2 win over the Detroit Tigers.
The conversation turns to rising auto insurance rates across Michigan and new legislative bills in Lansing that would help stem the tide.
The Democratic side of the aisle had an intriguing development earlier this week when state Rep. Mallory McMorrow suddenly dropped out of the contest
Former NBA All-Star/entrepreneur Jalen Rose, DTE's Trevor Lauer and Oakland University president Ora Hirsch Pescovitz headline an all-star Michigan Matters episode.
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.
The University of Michigan men's basketball team didn't let a coaching change affect its rosters, and two brothers are hoping to become the future of the Detroit Red Wings.
A community brought together by a wiffleball. The Rinehart Wiffle Ball League really knocked it out of the park when it used its momentum for a good cause.
Some areas will see lows drop into the upper 40s tonight.
The Grosse Pointe Park City Council voted unanimously to approve a new contract with Express Waste Services and replace Priority Waste. The council says it took inspiration from another nearby city after St. Clair Shores made a change to Express Waste last month and saw how much better it's been.
A Farmington Hills, Michigan, man accused of illegally dumping animal remains at a Southfield cemetery has been charged.