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.
Watch CBS News
Inflation dropped to still-high 6%, likely bolstering Fed's resolve to keep raising interest rates well into 2023.
Families hitting the road for Thanksgiving have another reason to be thankful. Gas prices have been falling, and experts predict they will keep falling as the holiday approaches.
AAA puts the nation's average gas price at $3.78 per gallon. Here in Michigan, AAA said the average price per gallon is $4.13.
Gas prices in Michigan and metro Detroit saw another significant drop over the past week, according to AAA Michigan.
Gas prices continue to soar in the state of Michigan with an average right now of $4.35 a gallon.
As families pack up for their last road trip of the season, AAA Michigan says the demand for gasoline is expected to rise, and so are the prices.
Michigan Attorney General Dana Nessel released a new video sharing information with consumers regarding price gouging at the pump.
According to AAA, the average price in metro Detroit is $2.83, the highest recorded price for unleaded gasoline in two years.
AAA Michigan says average gas prices statewide are up about 12 cents from a week ago to about $2.71 per gallon.
A top lawmaker says Gov. Gretchen Whitmer's proposed 45-cents-a-gallon fuel tax increase is a "nonstarter" for Republicans.
A record number of Michiganders and Americans in general are expected to hit the road or the skies this holiday season.
In the span of mere weeks, crude prices went from a four-year high to a full-blown bear market.
AAA Michigan says average gas prices statewide have risen about 9 cents in the past week.
It's the second consecutive week of increases in Michigan.
The Detroit-area's average rose about 1 cent from a week ago to $2.39 per gallon.
AAA Michigan reports gas prices dropped six cents over the past week for a statewide average of $2.29 per gallon. Some prices in Metro Detroit are as low as $2.10.
The price of gas is up from this time last year -- about 37 cents a gallon.
It's a one-two punch of annual summer blend gas -- more expensive but burns cleaner -- and an expected production cut by OPEC members.
Prices statewide have dropped about 7 cents per gallon this past week.
AAA says the lowest average price was about $2.20 per gallon in the Benton Harbor area, where it is down 1 cent from a week ago.
You may want to fill the tank now.
The lowest average price was about $2 per gallon in the Benton Harbor area, while the highest average was about $2.14 per gallon in the Marquette area.
Lower driving demand and greater supplies have been driving down the price at the pump across metro Detroit.
Gas prices statewide have risen by about 10 cents per gallon in the past week according to AAA Michigan.
AAA Michigan surveys daily fuel prices at 2,800 gas stations across the state.
Kent Syverud has been chosen as the next president of the University of Michigan.
If you normally use street parking for your vehicle, you may be asked or instructed to move it on Thursday.
The Road Commission for Oakland County says it was expecting snow on Wednesday, but it wasn't expecting it to snow nonstop all afternoon and evening.
A contractor was hospitalized after they were hurt in a work incident at the General Motors Technical Center in Warren, Michigan.
Hundreds of schools in Metro Detroit are closed for Thursday, Jan. 15, because of snow and icy roads.
If you normally use street parking for your vehicle, you may be asked or instructed to move it on Thursday.
Hundreds of schools in Metro Detroit are closed for Thursday, Jan. 15, because of snow and icy roads.
A United Auto Workers union member says he is worried about his job after he was suspended by Ford for his interaction with President Trump on Tuesday.
The Road Commission for Oakland County says it was expecting snow on Wednesday, but it wasn't expecting it to snow nonstop all afternoon and evening.
Kent Syverud has been chosen as the next president of the University of Michigan.
A United Auto Workers union member says he is worried about his job after he was suspended by Ford for his interaction with President Trump on Tuesday.
Curious what's on display by the big three automakers? This year's setup is top-notch.
Thousands of people are excited to come down to see all of the cars at the Detroit Auto Show. Many of those vehicles have taken a long and historic route to get here.
Ford Motor Company announced a new multi-year partnership with Carhartt that will launch a Super Duty special edition truck and a community initiative to attract more skilled tradespeople.
A United Auto Workers union member who was involved in a heated exchange with President Trump on Tuesday in Michigan has been suspended by Ford, a UAW representative confirmed to CBS News 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."
Whole milk is heading back to school lunch cafeterias.
A United Auto Workers union member says he is worried about his job after he was suspended by Ford for his interaction with President Trump on Tuesday.
A Verizon spokesperson told CBS News that an outage that customers reported beginning around noon Eastern Time had been resolved.
Michigan Sen. Elissa Slotkin says the Trump administration is investigating her over a video urging military service members to "resist illegal orders."
The venerable retailer is seeking protection from its creditors after its $2.65 billion purchase of Nieman Marcus failed to spark growth.
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.
FDA-approved semaglutide drug is the first GLP-1 pill for weight loss available in the U.S., according to drugmaker Novo Nordisk.
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.
The Detroit Red Wings retired Sergei Fedorov's No. 91 jersey, honoring the Russian great more than a decade after he was inducted into the Hockey Hall of Fame.
Andrew Copp scored at 3:27 of overtime, lifting the Detroit Red Wings to a 4-3 win over the Carolina Hurricanes on Monday night.
Lions' Kelvin Sheppard is expected to interview for the Dolphins head coaching job after serving one season as defensive coordinator, a source told CBS News Detroit.
Adrian College's Alex Weaver beat out 117 other competitors to win the college singles cornhole national championship on Jan. 2.
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 state of Michigan can do better when it comes to raising the bar on K-12 public education.
4-6" of snow fell across the area last night creating dangerous driving conditions this morning. Temps in the teens with a wind chill factor in the negative makes roads icy and hazardous. Bundle up as temps remain cold through the day. Some clearing possible later today but more snow joins us Friday and through the weekend.
A second shooting in Minneapolis involving an ICE agent has set off fresh clashes between protesters and federal officials in that city. CBS News has this report.
Commutes were slow on Thursday morning, with traffic speeds that included 25 mph on the Lodge Freeway. CBS News Detroit provides this view and a traffic report about 6:30 a.m.
Roads were icy and snow-covered on Thursday morning, with hundreds of school closings reported. Sports and other headlines are in our roundup.
Officials say an ICE officer shot a man in the leg on Wednesday after a shovel attack. The shooting comes exactly one week after an ICE officer shot and killed 37-year-old Renee Good.