7-Eleven plans to close 645 stores this year
The chain's North American operator forecast it will open 205 stores in 2026, although those openings will be outpaced by a series of closures.
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The chain's North American operator forecast it will open 205 stores in 2026, although those openings will be outpaced by a series of closures.
The cost of ground beef in the U.S. has soared in recent years and is forecast to jump even further in 2026. What gives?
Inflation rose at an annual rate of 3.3% in March, driven by the sharpest monthly increase in gas prices since 1967.
These charts track prices consumers pay for groceries and other goods now compared to five years ago.
Economic forecasts show that this week's March Consumer Price Index could show prices climbing at their fastest pace in nearly two years.
Inflation came in below economists' forecasts and slowed from December's 2.7% annual rate.
Most Republicans feel Trump has done more than expected, while others have views that are more mixed.
Although there are signs that inflation is starting to ease, consumers still face pressures from high food prices and other costs.
Economists had expected CPI to rise at an annual rate of 3% last month.
The Federal Reserve is grappling with economic issues including higher inflation and a slowing labor market.
A higher Medicare Part B premium in 2026 could erode next year's cost-of-living adjustment for Social Security recipients, experts say.
Those prioritizing economy say Trump is not spending enough time on it, as ratings of economy, his handling of inflation slip.
Wholesale prices for frozen turkeys are expected to be $1.32 per pound this year, a 40% increase from last year's average.
Visa predicts Americans will spend an average of $736 on holiday gifts in 2025, a 10% increase from the $669 reported last year.
Inflation last month rose at an annual rate of 3%, coming in below economists' forecasts as the impact of President Trump's tariffs remain muted.
Social Security's annual cost-of-living adjustment is aimed at helping the program's 75 million beneficiaries keep pace with inflation.
Citing the shutdown, the Social Security Administration postponed its announcement of the annual payment bump beneficiaries will receive in 2026.
Overall grocery prices in August 2025 rose 2.7% compared to one year ago, according to the U.S. Bureau of Labor Statistics Consumer Price Index.
A 2.7% COLA increase would raise the average monthly Social Security payment by about $54.
A new survey predicts Americans will spend $1,552 per person on average, 5% less than they did in 2024.
Prices rose at an annual pace of 2.6% in July, the same rate as the previous month and in line with economist forecasts.
Americans are reining in their spending at fast-food restaurants as they continue to face economic uncertainty.
The U.S. stock market on Tuesday rose toward records after data suggested inflation in July was a touch better than economists expected.
The inflation rate was cooler than expected, with July's CPI rising 2.7% on an annual basis.
CBS News is tracking the rising cost of products most impacted by tariffs already imposed and new ones announced by President Trump, from grocery items to cars and trucks.
Strong winds tore part of the roof off Yost Ice Arena, leaving debris scattered around the area.
Prosecutors say 39-year-old Alaina Fain drove over her then-husband with her SUV in a Warren parking lot on June 13, 2025.
A lightning strike on Monday damaged critical equipment on the Little Manistee River Weir, the Michigan DNR said.
University of Michigan president-elect Kent Syverud announced Wednesday that he is being treated for a form of brain cancer.
Metro Detroit's forecast includes damaging wind gusts, heavy rain and a chance of a tornado on Wednesday.
Metro Detroit's forecast includes damaging wind gusts, heavy rain and a chance of a tornado on Wednesday.
Strong winds tore part of the roof off Yost Ice Arena, leaving debris scattered around the area.
Tornado sirens, cell phone alerts, high winds and pounding rain woke up Michigan residents during the night Tuesday.
University of Michigan president-elect Kent Syverud announced Wednesday that he is being treated for a form of brain cancer.
A lightning strike on Monday damaged critical equipment on the Little Manistee River Weir, the Michigan DNR said.
At a gas station in Detroit, owner Mohamad Mallah, known to customers as Big Moe, decided to give back in a big way.
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.
Cities in Michigan lose big tax revenue from pollution-control tax breaks, and many do not track what they give up.
Motown may be Detroit's most famous sound, but it's far from the only one.
Gene Simmons visited Detroit Rock City to celebrate the grand opening of a restaurant co-founded by him and his Kiss bandmate Paul Stanley.
The moon music tradition started more than 50 years ago, NASA said as it shared the Artemis II crew's playlist this week.
Restaurants are being considered for the new Michelin Guide American Great Lakes Edition, set to be revealed in 2027.
Kid Rock posted videos of the helicopters hovering by his Nashville home on social media over the weekend. The Army later confirmed the helicopters were on a training mission.
Americans are receiving larger tax refunds this year due to the 2025 "big, beautiful bill," which enacted new tax deductions.
Kenley Jansen got his 479th save, moving past Lee Smith for sole possession of third place on the career list, and the Detroit Tigers rallied from an eighth-inning deficit to beat the Kansas City Royals 2-1 for their fourth straight win.
A public back-and-forth between President Trump and Pope Leo XIV is getting attention worldwide, including in Detroit.
The chain's North American operator forecast it will open 205 stores in 2026, although those openings will be outpaced by a series of closures.
The unpopular war with Iran and stubborn affordability issues have given Democrats cause to be more hopeful about their chances of flipping key seats — and maybe even winning control of the Senate.
University of Michigan president-elect Kent Syverud announced Wednesday that he is being treated for a form of brain cancer.
Autism in the D is hosting a "Weekend of Inclusivity," featuring two events aimed at supporting families and highlighting gaps in autism resources across the city.
Dominic Weber and Haylie Reeves met at North Star Reach as campers in 2016.
The Detroit Health Department is hosting a Public Health Week through Saturday, April 11, to provide resources in neighborhoods.
The Michigan Department of Health and Human Services is encouraging parents to consider moving up their children's vaccines against the measles in seven counties.
Kenley Jansen got his 479th save, moving past Lee Smith for sole possession of third place on the career list, and the Detroit Tigers rallied from an eighth-inning deficit to beat the Kansas City Royals 2-1 for their fourth straight win.
Former Eastern Michigan football player Freddie McGee III went viral on Monday, doing anything he possibly could to get the Lions' attention for a tryout to make the team.
Paul Reed finished with 26 points, six rebounds, three assists and three blocks and Tobias Harris scored 24 points in limited minutes Sunday, propelling the Eastern Conference's top-seeded Detroit Pistons past the Indiana Pacers 133-121.
Rory McIlroy of Northern Ireland won the 2026 Masters Tournament at Georgia's Augusta National, claiming his second straight green jacket.
Tarik Skubal outpitched Sandy Alcántara in a matchup of Cy Young Award winners, Dillon Dingler, Kevin McGonigle and Kerry Carpenter homered and the Detroit Tigers earned a three-game sweep with an 8-2 win over the Miami Marlins.
It's a look at the critical relationship between Canada, Michigan and the U.S. on this week's Michigan Matters.
The roundtable discusses the dramatic impact AI is having in the classroom, at companies and inside homes.
There's a focus on Michigan's defense industry as a national convention comes to Detroit in a few weeks, with over 11,000 people expected at Huntington Place.
Dave Coulter updates Oakland County's move to its new offices in downtown Pontiac and when that might take place.
Gardner White opened doors in Detroit in 1912, and the retailer continues to expand with nine new stores planned this year.
Tornado sirens, cell phone alerts, high winds and pounding rain woke up Michigan residents as severe weather pushed through the state overnight Tuesday.
Severe storms swept through Ann Arbor, bringing strong winds that knocked down trees, damaged buildings, and left widespread power outages, just as University of Michigan students prepare for finals week.
Terrance Friday from CBS News Detroit has been talking to residents of Cheboygan County, Michigan, as flooding worsens in that part of the state. "I didn't think it would get this bad," one resident said as she tried to salvage items from her home.
University of Michigan president-elect Kent Syverud announced Wednesday that he is being treated for a form of brain cancer and will no longer be able to serve as the school's president.
The storms were part of a massive system that has already resulted in suspected tornadoes along with flooding in the Midwest and Great Lakes region, and will continue for at least another day.