U.S. inflation rose 2.6% in October, a month after Fed's first rate cut
The Federal Reserve began cutting its benchmark rate in September amid cooling inflation.
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The Federal Reserve began cutting its benchmark rate in September amid cooling inflation.
Americans have struggled with high grocery costs since inflation soared during the pandemic. Now prices are falling.
Donald Trump's victory in the 2024 presidential election is likely to have a major impact on the economy. Here's what to know.
2025 contribution limit for 401(k) plans is $23,500, up from $23,000 in 2024. IRA contribution limit remains $7,000.
With a tight race between Kamala Harris and Donald Trump, the U.S. election could hinge on how voters choose to look at inflation. Here's why.
"Shrinkflation" — when companies charge the same for smaller sizes — is a sneaky way to raise prices. Read on to see what kind of products have shrunk the most.
Social Security benefits are given a cost-of-living adjustment each year. The 2025 COLA increase is the smallest since 2021.
Inflation in September fell to an annual rate of 2.4%, its lowest point since early 2021, as gas and energy costs continued to ease.
The Social Security Administration will set its 2025 cost-of-living adjustment within days. Here's what the experts say.
Grocery costs barely rose last month, according to Friday's report, and energy costs dropped 0.8%, led by cheaper gasoline.
Olive Garden's same-restaurant sales dropped in its most recent quarter. Now, it's tweaking its menu.
The Federal Reserve just lowered its benchmark rate by 0.50 percentage points. Here's how the move could impact your finances.
The Fed's decision will lower borrowing costs from a 23-year high as the central bank pivots to shoring up economic growth.
According to reports, Kroger Executive Andy Groff told regulators in a hearing for an anti-trust trial that Kroger raised the price of milk and eggs beyond the level of inflation.
The deal, available through Subway's app and website for a limited time, is aimed at inflation-weary consumers.
The monthly report is viewed as key factor in whether the Federal Reserve cuts its benchmark interest rate in September.
DTE wants customers who are already spending more money to keep the lights on and dig even deeper into their wallets. A handful of frustrated customers and elected leaders protested Wednesday in front of DTE headquarters.
After years of soaring housing costs, renters are getting some relief as the Federal Reserve looks to extinguish inflation.
Chipotle CEO Brian Niccol said the company is addressing portion sizes after finding 10% of its locations were skimping.
Consumer spending helped drive growth despite cost-of-living expenses that have spiked across the country.
Although Donald Trump vows to bring U.S. prices down "very quickly," some economists say his policies could rekindle inflation. Here's what to know.
Auto insurance has gone up 19.5% since June of last year, according to the latest Consumer Price Index data. The reason? Getting T-boned by inflation.
The latest consumer price data furthers the case for an interest rate cut by the Federal Reserve as soon as September.
A housing shortage in Texas and minimum wage increases elsewhere are fueling higher than average inflation in some cities.
The Federal Reserve kept its benchmark rate in a range of 5.25% to 5.5%, the same level where it's been parked since July 2023.
Victor Wembanyama had 38 points, 16 rebounds and five blocks and the San Antonio Spurs never trailed in completing a sweep of Detroit, beating the Pistons 121-106 on Thursday night.
Metro Detroit is in for quite the ride as we head into the weekend.
Michigan Attorney General Dana Nessel filed a lawsuit against prediction market operator Kalshi for allegedly offering online sports betting without authorization from the Michigan Gaming Control Board.
One lawyer says she was shocked when she was asked to remove her bra while trying to enter the North Lake Processing Center in Baldwin, Michigan.
A Flint Township, Michigan, couple is facing multiple charges after dozens of cats and dogs were found inside a home, some of which were found dead.
A Detroit woman was charged in connection with the fatal shooting of her 6-year-old daughter in a shopping center parking lot.
Metro Detroit is in for quite the ride as we head into the weekend.
One lawyer says she was shocked when she was asked to remove her bra while trying to enter the North Lake Processing Center in Baldwin, Michigan.
The announcement comes amid criticism of DHS spending under Noem, and as Congress has allowed the department's funding to lapse.
Victor Wembanyama had 38 points, 16 rebounds and five blocks and the San Antonio Spurs never trailed in completing a sweep of Detroit, beating the Pistons 121-106 on Thursday night.
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.
While many assume a "harsh" winter, or this bone-chilling, sustained cold, is the enemy of asphalt, the real culprit is temperature fluctuation.
In Metro Detroit, drivers are paying about $2.90 per gallon, which is 2 cents less than last week and 29 cents less than at the same time last year.
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.
Hillary Knight, Megan Keller and Jack and Quinn Hughes made a surprise appearance during "Heated Rivalry" star Connor Storrie's opening monologue on "SNL."
Victor Wembanyama had 38 points, 16 rebounds and five blocks and the San Antonio Spurs never trailed in completing a sweep of Detroit, beating the Pistons 121-106 on Thursday night.
One lawyer says she was shocked when she was asked to remove her bra while trying to enter the North Lake Processing Center in Baldwin, Michigan.
Stocks fell sharply on Wall Street on Thursday as oil prices rose further because of the war with Iran.
Two dozen states filed a lawsuit challenging President Trump's legal authority to impose new global tariffs.
The announcement comes amid criticism of DHS spending under Noem, and as Congress has allowed the department's funding to lapse.
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.
Henry Ford Health and Teamsters Local 332 remain locked in a labor dispute over a nurses' contract.
Detroit Mayor Mary Sheffield on Monday appointed former Dearborn Public Health Officer Ali Abazeed as Detroit's new chief public health officer.
Victor Wembanyama had 38 points, 16 rebounds and five blocks and the San Antonio Spurs never trailed in completing a sweep of Detroit, beating the Pistons 121-106 on Thursday night.
A woman who worked for former University of Michigan head football coach Sherrone Moore is no longer employed by the school.
NBA Hall of Famer Chauncey Billups and former player Damon Jones are among 31 people charged in the federal case. They have pleaded not guilty.
Holtz coached Notre Dame from 1986 to 1996, winning 100 games with the school, including a 12-0 national title-winning season in 1988.
Jaylon Tyson scored 22 points, James Harden added 18 and the Cleveland Cavaliers avenged a recent loss in Detroit by beating the East-leading Pistons 113-109 despite playing without injured star Donovan Mitchell.
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.
Could a new entertainment tax and a new sales tax be ahead for the Motor City?
Affordability was a priority in the annual State of the County address in Oakland County. County Executive Dave Coulter delivered his speech on Thursday, discussing the rising cost of things including housing and health care.
Jury deliberations are underway on Thursday in the murder trial against Dale Warner, who is accused of killing his wife, Dee Warner.
Some Allen Park, Michigan, residents voiced their concerns over a proposed data center.
A Detroit woman was charged in connection with the fatal shooting of her 6-year-old daughter in a shopping center parking lot.
A mother has been charged in connection with Monday's fatal accidental shooting of a 6-year-old in a shopping center parking lot.