MoneyWatch price tracker shows how much food, utility, housing costs are rising
These charts track prices consumers pay for groceries and other goods now compared to five years ago.
Watch CBS News
These charts track prices consumers pay for groceries and other goods now compared to five years ago.
At a gas station in Detroit, owner Mohamad Mallah, known to customers as Big Moe, decided to give back in a big way.
Michigan's gas prices bumped up about 20 cents a gallon between Monday morning and Wednesday morning, according to data tracked by AAA-The Auto Club Group.
What could the two-week ceasefire between U.S. and Iran mean for consumer prices in the U.S.? Here's an explanation of what to look for in the short term.
Gas prices in the U.S. could near a record high later this month if the Strait of Hormuz remains sealed, energy industry experts warn.
On average, drivers in the state are paying $3.87 per gallon for regular unleaded fuel.
Michigan Gov. Gretchen Whitmer has declared an energy emergency in eight Southeast Michigan counties amid rising gas prices across the state.
General Motors has announced that it's making another round of layoffs at its Factory Zero plant in Metro Detroit. The latest round, the second this year, impacts roughly 1,300 workers and is due to a readjustment of operations amid declining electric vehicle demand.
White House Press Secretary Karoline Leavitt said on social media Tuesday night that President Trump will share an "update on Iran" in a prime-time address Wednesday. The speech comes as another U.S. aircraft carrier heads to the Middle East. CBS News Correspondent Jessi Mitchell reports.
General Motors has announced its temporarily laying off 1,300 workers at its Factory Zero electric vehicle plant in Metro Detroit. Gino Vicci shares why and speaks to car owners about how they feel about electric vehicles now that gas prices are rising.
The average price of gas across the U.S. last reached $4 after Russia's invasion of Ukraine sent crude oil prices surging.
Stanford economists estimate that the typical U.S. household will spend an additional $740 on gas this year because of the jump in global oil prices.
Metro Detroit is seeing some of the lowest gas prices in Michigan this week, with an average of $3.92 a gallon.
Monday's gas price reports from AAA shows that fuel prices continued to rise, but at a slower pace, this week.
The U.S. Postal Service said on Wednesday that it is temporarily hiking postage prices to account for surging fuel costs caused by the Iran war.
According to AAA, the average gallon of gas in Michigan is now up to $4 a gallon, a $1 increase from last month.
Metro Detroit drivers might not be seeing it yet, but the average cost of unleaded regular gas across Michigan has crossed the $4 a gallon price point.
Gas prices in Michigan are up 33 cents per gallon as compared to a week ago, AAA-The Auto Club Group says.
The president threatened to "obliterate" Iranian power plants if Iran didn't reopen the Strait of Hormuz by late Monday night Eastern Daylight Time.
Most Republicans, especially MAGA, continue to support the US action and express a lot of confidence in Trump personally.
Gas prices are currently hovering just below $4 a gallon in much of Michgan, AAA says.
Gas prices are continuing to trend up in Michigan and across the country. Vice President JD Vance, during a speech in Auburn Hills Wednesday, said the Trump administration is taking steps soon to help alleviate the increased costs.
U.S. diesel prices jumped above $5 a gallon on Tuesday, marking the highest level since December 2022, as the strain on global energy markets from the war with Iran continues to ripple through the American economy.
Gas prices in Michigan inched up 4 cents in the past week after seeing a 56-cent spike in the previous week, AAA says.
AAA says Gas Prices have risen 23% in the U.S. since the start of the Iran war, a Huntington Woods Department of Public Works employee was fatally hit by a limb on Friday and other top stories for the evening of March 14, 2026.