The Trump tariffs aren't causing U.S. prices to spike. Here's why.
Economists warned that a barrage of new U.S. tariffs could trigger a renewed bout of inflation. So why aren't prices surging?
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Economists warned that a barrage of new U.S. tariffs could trigger a renewed bout of inflation. So why aren't prices surging?
For millions of people around the U.S., financial stability amounts to a "rare luxury," Bankrate survey finds.
Roughly a quarter of consumers use "buy now, pay later" loans for ordinary expenses like groceries. That's worrisome, a personal finance expert says.
Consumer spending slowed despite rising incomes, potentially an early reaction to higher prices on some imported goods.
High temperatures and rising electricity costs could boost home energy bills by 6% this summer, a new report says.
Weakening consumer confidence and mounting uncertainty could hit spending, economists warn.
The CPI report was cooler than expected, although inflation is still higher than the Federal Reserve's 2% annual goal.
Record consumer debt, years of steep inflation and other factors are driving more Americans to considering filing for bankruptcy.
Consumer sentiment fell sharply in April for the fourth straight month as the trade war fuels worries about inflation and employment.
Inflation cooled in March, but economists expect prices to reaccelerate as some of President Trump's tariffs kick in.
The Postal Service contends, as it did last year before a similar increase, that the price hike is needed to achieve financial stability.
President Trump rolled out new tariffs on April 2 aimed at easing trade imbalances. Here's which products could become more expensive as a result.
Consumer confidence continues to wane as Americans worry about the economy, jobs and their income.
The inflation rate last month was slightly lower than forecast by economists, although price increases are still higher than the Fed would like.
The bird flu is still wiping out poultry flocks, leading to supply shortages. Here's when egg prices could come down, experts say.
Republicans are more likely than Democrats to say they'll watch President Trump's joint address to Congress.
Stocks tumbled for a second consecutive trading day, wiping out all post-election gains for the S&P 500.
Americans express concern about their ability to pay bills and save money.
The Federal Reserve's progress on taming inflation has stalled out. That could mean fewer rate cuts in 2025.
The White House levied new import duties on its three closest trading partners.
The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's inauguration.
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
The Federal Reserve announced a third rate cut today, but also cautioned it expects fewer cuts in 2025.
Inflation has cooled from its most recent peak, but progress in getting it to a 2% annual rate has been slow.
Tariffs on U.S. imports would raise prices for consumers on a range of goods, experts say. Here's what to know.
Jennifer Runyan, FBI Detroit's special agent in charge, said only one person was involved in the incident and confirmed that the person is deceased. His identity and motive are unknown.
The Jewish Federation of Detroit released a statement on Thursday after an attack at Temple Israel in West Bloomfield, saying, "We remain steadfast in our commitment to vigilance and security."
Temple Israel confirmed all 140 students and staff are safe following an attack at the West Bloomfield synagogue Thursday afternoon.
Within hours after an attack at Temple Israel in West Bloomfield, multiple police departments across Southeast Michigan say they are increasing patrols in their communities.
Temple Israel, the scene of an active shooter incident Thursday afternoon, is a major Reform synagogue on Walnut Lake Road in West Bloomfield. The Metro Detroit suburb is in Oakland County, in Southeast Michigan.
Jennifer Runyan, FBI Detroit's special agent in charge, said only one person was involved in the incident and confirmed that the person is deceased. His identity and motive are unknown.
Temple Israel confirmed all 140 students and staff are safe following an attack at the West Bloomfield synagogue Thursday afternoon.
Jarvis Butts of Detroit will serve up to 60 years in prison for the murder of Na'Ziyah Harris and other charges.
Temple Israel, the scene of an active shooter incident Thursday afternoon, is a major Reform synagogue on Walnut Lake Road in West Bloomfield. The Metro Detroit suburb is in Oakland County, in Southeast Michigan.
The National Weather Service in Detroit has issued a high wind warning for Friday across Southeast Michigan.
The United Auto Workers says that Detroit Diesel is adding a third shift, recalling laid-off workers and hiring dozens more people.
AAA says motorists are paying an average of $3.53 a gallon for regular unleaded gas in the United States.
For the first time in 15 years, Stellantis is not issuing a profit-sharing distribution to UAW-represented employees.
Union Vice President Laura Dickerson confirmed that the worker, TJ Sabula, "has no discipline on his record."
Some General Motors employees are taken aback by this year's profit-sharing checks, with it being $4,000 less than the previous one.
A woman was arrested on Sunday for firing multiple shots at the Beverly Hills home of Rihanna, Los Angeles Police Department officials say.
A restaurant celebrating rock music in the era of the legendary band Kiss is set to open in Royal Oak.
Six Flags is selling off some of its North America amusement parks, including Michigan's Adventure in Muskegon.
Actor and filmmaker Bruce Campbell told fans that he is in treatment for cancer and will cancel some upcoming public appearances.
Faster Horses, a multi-day country music festival, will not return this summer to Michigan International Speedway.
Temple Israel confirmed all 140 students and staff are safe following an attack at the West Bloomfield synagogue Thursday afternoon.
As pennies begin to disappear, states are grappling with a "rounding" problem for cash purchases that would have included them in the past.
The Senate failed for a fourth time to advance a funding bill for the Department of Homeland Security, with no deal in sight.
Drivers across Metro Detroit continue to see higher prices at the pump. And the escalating war in Iran is worrying some that higher prices across the board will soon follow.
Michigan state and local leaders joined people in Southfield to speak out against an office space that they say will be leased out to U.S. Immigration and Customs Enforcement.
A measles case has been confirmed in Washtenaw County, with health officials investigating when and where others may have been exposed in Southeast Michigan.
Michigan Medicine will drop thousands of Blue Cross Blue Shield members if a deal isn't reached.
HHS Secretary RFK Jr. wants the popular coffee chains to prove their surgery drinks are safe for teens and suggested the Trump administration could place limits on your cup of coffee.
Water testing has detected "low levels" of Legionella bacteria at two more Oakland County government buildings.
Tests of dozens of baby formulas by Consumer Reports found that nearly half contained potentially dangerous chemicals.
Former Michigan linebackers coach Chris Partridge is suing the university, its board of regents and its athletics director for firing him in 2023.
Jalen Duren scored 26 points, Cade Cunningham had 21 points and 15 assists, and the Pistons hammered the Nets 138-100 on Tuesday night.
Wright State wins the Horizon League title with a late rally and holds off Detroit Mercy, 66-63.
The Pioneers will often practice or play games while fasting while observing the holiday, which runs through March 19.
The Detroit Lions are losing another player, this time it's wide receiver Kalif Raymond, who is reportedly heading to the Chicago Bears.
Rose talks about a new TV series being filmed in Detroit called "South West High," which revolves around a fictional high school in the Motor City.
As Women's History Month kicks off, Donna Murray-Brown, the new president and CEO of Inforum, appears on Michigan Matters.
Penske, a business and racing legend, turns 89 on Feb. 20 and is celebrating his 60th year in racing during 2026.
Claressa Shields talks about giving back to the community and her efforts to increase equity for women in sports.
The roundtable discusses the impact of the high-profile game for advertisers, including Detroit-based Rocket and Redfin.
A High Wind Warning is in effect for Friday with wind gusts up to 60 mph possible.
The FBI says it is investigating an attack at Temple Israel in West Bloomfield, Michigan, as a "targeted act of violence."
For this week's Detroit Proud, CBS News Detroit's Lauren Winfrey introduces us to a hometown R&B artist to showcase the city that shaped her sound.
Former Michigan linebackers coach Chris Partridge is suing the university, its board of regents and athletic director Warde Manuel for firing him in 2023 while the NCAA investigated allegations of in-person scouting and sign-stealing.
Authorities are continuing their investigation into an attack at Temple Israel in West Bloomfield. CBS News Detroit spoke with one man whose wife works at the nearby Jewish Community Center.