U.S. consumer sentiment plunges in April as trade war fuels anxiety
Consumer sentiment fell sharply in April for the fourth straight month as the trade war fuels worries about inflation and employment.
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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.
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.
A major multi-million-dollar redevelopment project that would transform a large corridor along Grand River Avenue in Novi was recently introduced to city officials.
Michigan Congresswoman Haley Stevens' bid for the U.S. Senate is over, but at 43, her political career may not be.
Cyberattacks on U.S. water systems that officials suspect may be linked to Iran-backed hackers have been reported in at least a dozen states, sources familiar with the matter told CBS News.
Early and absentee voting accounted for well over half of the ballots in several Southeast Michigan counties, officials say.
Construction on what some advocates consider America's most dangerous pipeline now faces a setback after Michigan's Supreme Court overturned a permit needed to move forward with the project.
Dr. Abdul El-Sayed won a Democratic primary for Michigan's Senate seat in a race that attracted national attention.
Click here to see the results from the August 2026 primary election in Michigan.
Donavan McKinney has defeated incumbent U.S. Rep. Shri Thanedar in Michigan's 13th Congressional District, CBS News projects.
A major multi-million-dollar redevelopment project that would transform a large corridor along Grand River Avenue in Novi was recently introduced to city officials.
Michigan Congresswoman Haley Stevens' bid for the U.S. Senate is over, but at 43, her political career may not be.
As a special Goodyear Auto Service Center, the store will display the company's products, technology and heritage.
The president's visit to the Great Lakes state comes less than 100 days before midterm elections that will test his party's grip on Congress.
A 23-year-old man who pleaded guilty to conducting a criminal enterprise in connection with a Metro Detroit vehicle theft operation that Michigan officials called "prolific" has been sentenced, according to online court records.
Many newer vehicles are equipped with high-efficiency cabin air filters capable of capturing a significant amount of fine particulate matter.
Lawmakers in Michigan are working to push legislation that would stiffen penalties on noisy vehicles with exhaust modifications.
Vincent Pastore played Salvatore "Big Pussy" Bonpensiero on all six seasons of "The Sopranos," which aired from 1999 to 2007.
It was another busy night in Ann Arbor as country singer Morgan Wallen took the stage on Saturday for his second concert in as many days at Michigan Stadium, better known as the Big House. Like any game day at the venue, there's a lot of foot traffic and first responders at every corner.
A group of young performers is taking the stage on Friday night to showcase their talents while celebrating Detroit's culture and history.
Paramount Skydance on Friday said it would delay the deal until as late as June 2027.
A major weekend in Ann Arbor as fans gear up to see country music star Morgan Wallen take over the University of Michigan Big House stadium on Friday and Saturday.
Cyberattacks on U.S. water systems that officials suspect may be linked to Iran-backed hackers have been reported in at least a dozen states, sources familiar with the matter told CBS News.
"It really opens up your mind," said one 23-year-old who ditched smartphones to wean herself off social media.
Abdul El-Sayed is now projected to win Michigan's Democratic Senate primary against Rep. Haley Stevens.
President Trump told reporters Tuesday evening that an announcement on the Strait of Hormuz could happen today or tomorrow, following talks between Iran and Oman.
The White House has declassified information claiming the FBI probed whether President Trump acted as a Russian asset when he fired James Comey, a theory an administration official said wasn't backed up by evidence.
The Michigan Department of Health and Human Services says it has counted 12,218 cyclosporiasis cases in the state as of Aug. 5.
Despite more than 11,500 cyclosporiasis cases statewide, Michigan health officials say residents should continue eating fresh produce and follow washing and handling steps to reduce their risk of illness.
Two Michigan residents who had "significant underlying health conditions" have died after contracting cyclosporiasis, the Michigan Department of Health and Human Services said.
The Michigan Department of Health and Human Services reports there have been 10,773 cyclosporiasis cases in the state during the past five weeks.
The organization is closing its Lansing, Livonia and Warren locations.
Troy Melton threw seven sharp innings and Colt Keith hit a two-run single as the Detroit Tigers beat the Seattle Mariners 8-0 to open their post-Tarik Skubal era.
Devin White finished last season as the NFL's third-leading tackler.
The San Diego Padres have acquired left-hander Robbie Ray from the San Francisco Giants and right-hander Casey Mize from the Detroit Tigers.
Keider Montero pitched six scoreless innings, Eduardo Valencia drove in four runs and the Detroit Tigers completed their first season-series sweep ever against an American League opponent with an 11-0 victory over the Athletics.
Michael Thorbjornsen made a 26-foot putt for birdie on his last hole to shoot 7-under 63 and reach 18 under to win his first PGA Tour title by two strokes on Sunday at the Rocket Classic.
As the nation turns its attention to Michigan's critical Aug. 4 primary, the Michigan Matters roundtable weighs in.
Perry Johnson discussed not receiving President Trump's endorsement and the reasons he believes John James did.
The conversation turns to rising auto insurance rates across Michigan and new legislative bills in Lansing that would help stem the tide.
The Democratic side of the aisle had an intriguing development earlier this week when state Rep. Mallory McMorrow suddenly dropped out of the contest
Former NBA All-Star/entrepreneur Jalen Rose, DTE's Trevor Lauer and Oakland University president Ora Hirsch Pescovitz headline an all-star Michigan Matters episode.
A major multimillion-dollar redevelopment project to transform a large corridor along Grand River Avenue in Novi, Michigan, was recently presented to city officials.
Michigan Congresswoman Haley Stevens' bid for the U.S. Senate is over, but at 43, her political career may not be.
Unofficial election results show an impressive turnout in Michigan's midterm primaries. Election leaders told CBS News Detroit that it has a lot to do with what people were voting for and how they voted.
Former Wayne County health director Abdul El-Sayed narrowly beat Congresswoman Haley Stevens in the Michigan primary for U.S. Senate. CBS News' Anthony Salvanto breaks down how the race played out in the state.
A suspect accused of being involved in dozens of vehicle break-ins across Metro Detroit was shot by a police officer Wednesday morning after investigators say he struck a task force officer with his vehicle during an attempted arrest in Ecorse.