What products could get pricer after Trump tariffs enacted?
The White House levied new import duties on its three closest trading partners.
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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.
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.
Trial jurors said they couldn't agree on the more serious charge of murder, prompting the judge to declare a mistrial on that count.
Defense Secretary Pete Hegseth said in a statement that the documents "have long fueled justified speculation — and it's time the American people see it for themselves."
The Metro Narcotics Enforcement Team led a drug investigation that led to a search warrant served in Westland.
Hiring once again exceeded forecasts, with employers adding far more than the projected gains of 65,000.
President Trump insists the ceasefire with Iran remains in effect despite an exchange of attacks that Tehran says "crossed the point of no return."
A learning management system used by schools and universities across the country, including in Michigan, was hit with a cyberattack.
Drivers in Metro Detroit and across the Midwest are finally seeing prices at the pump drop slightly, but experts say there's no reason to expect them to fall much further than we're used to.
The insurance company's contract with the healthcare system ends on June 30, and negotiations for a new one have been unsuccessful so far.
Trial jurors said they couldn't agree on the more serious charge of murder, prompting the judge to declare a mistrial on that count.
Defense Secretary Pete Hegseth said in a statement that the documents "have long fueled justified speculation — and it's time the American people see it for themselves."
Michigan's average diesel price on Sunday is $6 — the highest ever recorded by the American Automobile Association.
Ford Motor Company is recalling over 179,000 vehicles due to a front seat issue that can increase the risk of injury in a crash, the National Highway Traffic Safety Administration said.
A vote by UAW Local 2093 members will be on May 11. The UAW says that if approved, workers could walk out of the Three Rivers facility starting on May 31.
The organization says its executive committee will oversee operations and lead the search for the next leader, under the leadership of DADA president Katie Coleman and Auto Show chairman Lincoln Phillip.
General Motors has announced production investments at its sites in Romulus, Saginaw and Toledo.
With summer not far behind, the city of Detroit is preparing for the highly anticipated 2026 Ford Fireworks next month.
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.
Trial jurors said they couldn't agree on the more serious charge of murder, prompting the judge to declare a mistrial on that count.
Defense Secretary Pete Hegseth said in a statement that the documents "have long fueled justified speculation — and it's time the American people see it for themselves."
Hiring once again exceeded forecasts, with employers adding far more than the projected gains of 65,000.
Cade Cunningham had 25 points and 10 assists, Tobias Harris scored 21 and the Detroit Pistons beat the Cleveland Cavaliers 107-97 on Thursday night to take a 2-0 lead in their second-round series.
Michigan Congresswoman Rashida Tlaib introduced a bill on Thursday that would increase penalties on DTE Energy and other investor-owned utilities for seeking rate hikes within two years of violating the Clean Air Act.
The insurance company's contract with the healthcare system ends on June 30, and negotiations for a new one have been unsuccessful so far.
Three passengers have been evacuated from a cruise ship hit by a hantavirus outbreak, as related cases are confirmed in Switzerland and South Africa.
The FDA announced its first authorization of fruit-flavored electronic cigarettes intended for adult smokers, a major policy shift after months of appeals to President Trump from the vaping industry.
The largest U.S. health insurer said it will eliminate approval requirements for some treatments, including select outpatient surgeries and other procedures.
Fire department leaders say the rescue reflects the kind of instinctive courage firefighters train for, but also something that goes beyond routine duty.
Cade Cunningham had 25 points and 10 assists, Tobias Harris scored 21 and the Detroit Pistons beat the Cleveland Cavaliers 107-97 on Thursday night to take a 2-0 lead in their second-round series.
Pat Caputo, a longtime Detroit sports columnist whose work extends to newspapers, TV and radio, died on Thursday after a battle with cancer, his family shared on social media.
The Detroit Tigers' Triple-A manager says he was fired this week after sending an "inappropriate" text message to a female colleague.
After being overlooked for much of his career, Daniss Jenkins has played himself into a key role with the Detroit Pistons.
Sonny Gray pitched five innings in his return from injury and the Boston Red Sox finished a three-game sweep of the Detroit Tigers with a 4-0 win.
Life Directions has been helping guide and mentor young people in Detroit.
Robert Costa, the award-winning national correspondent for CBS Sunday Morning and chief Washington analyst for CBS News, talks about Michigan's role in this critical midterm election.
Diallo Smith, CEO of Detroit nonprofit Life Remodeled, talks about its new opportunity hub on the east side of Detroit called Anchor Detroit.
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.
The U.S. military said three warships came under "unprovoked attack" Thursday as they transited the Strait of Hormuz, with Iranian forces launching missiles, drones and small assault boats. CBS News has this report.
Michigan Humane presents two of the animals in its care that are available for adoption: Stuffed Crust the dog and Sage the cat.
A cyberattack targeted the Canvas academic app used by many schools and universities. Michigan gas prices are dropping slightly. Those headlines, other top stories and weather are in our news brief.
The Canvas learning management system software used by schools and universities across the country, including several in Metro Detroit, was the target of a cybersecurity incident. Here's how that's affecting students.
TGIF Family! Early showers have moved out...mostly sunny today with temperatures warmer in the lower 60s by this afternoon. Turning even warmer on Saturday, although scattered to numerous showers and isolated thunderstorms are expected to develop by late afternoon. Mother's Day looks good with mostly sunny skies high 63.