Will Fed raise interest rates again this week? Here's what to expect.
Central bank officials will announce on Wednesday if they are hiking the federal funds rate for a 10th consecutive time.
Central bank officials will announce on Wednesday if they are hiking the federal funds rate for a 10th consecutive time.
The research reveals indicators that contribute to financial hardship in the state, showing 1.6 million households in Michigan are financially insecure.
Majority of respondents remain pessimistic about the economy as a whole, according to Primerica survey.
Stubbornly high prices are continuing to ease, but remain far above Fed's target.
A dollar spent on food is split up among a dozen industries, many of which are seeing their own prices rise.
Stubbornly high inflation and mounting debt are weighing on many people's finances — and their minds.
More than a third of consumers are struggling to stay afloat, but the problems are worse in some states.
The average cost of a dozen Grade A eggs fell to $4.21 last month from a high of $4.82 in January.
The Federal Reserve may face a quandary as it copes with still-high inflation combined with instability in the banking sector.
As the spring homebuying season approaches, affordability is at its lowest point in history, one economist said.
Extra SNAP benefits are estimated to have kept 4.2 million people out of poverty.
Can the Fed keep raising interest rates and defeat the worst bout of inflation in 40 years without causing a slump?
Home Depot marked one of the S&P's larger losses despite reporting stronger profit than expected for end of 2022.
Lower-income Americans and seniors are among those hit hardest by stubbornly high grocery prices.
Inflation rose at a 6.4% annual rate last month, driven by rising prices for housing and gasoline.
Easing inflation and a strong labor market are helping consumers feel better about the economy this month, according to a closely watched survey released Friday by the University of Michigan.
Valentine's spending is expected to go up year-over-year as consumers expand their gift-giving to friends — and even pets.
Stocks closed higher on Wall Street, marking the market's third winning week in the last four.
U.S. economy grew at 2.9% rate in last three months of year despite pressure of high rates and fears of recession.
With egg costs more than doubling in the past year, calls are coming for an investigation into possible price gouging.
Inflation, reduced consumer spending and mounting competition has dented the retailer's growth.
Although U.S. inflation has cooled from its peak this summer, some food costs remain unusually high.
Egg costs are soaring as Americans' eating habits change and as a deadly disease wipes out millions of birds.
Prices reflected the smallest annual increase since October 2021 amid lower costs for gasoline and energy services.
Some people in the market to buy a house said that even though the interest rates are more than double, they would prefer to buy right now as opposed to when the interest rates are low because it was such a buying frenzy.
A cold front passed through Wednesday night, leaving us with less wind and less humidity for Thursday.
A judge ruled that both East Main and North Center streets in Northville can close for the seasonal shutdown. While some members are OK with the closures, others find them inconvenient.
Authorities said the shooting happened at about 3:53 p.m. in the area of Bedford and Interstate 94.
A Michigan judge on Wednesday denied the Oxford High School shooter's request for his parents' pre-sentence investigation reports to help him appeal his life without parole sentence.
The Justice Department will be joined by several state attorneys general in its antitrust lawsuit against Ticketmaster parent company Live Nation.
A cold front passed through Wednesday night, leaving us with less wind and less humidity for Thursday.
A judge ruled that both East Main and North Center streets in Northville can close for the seasonal shutdown. While some members are OK with the closures, others find them inconvenient.
The Michigan Department of Health and Human Services said the farmworker experienced mild symptoms and has recovered.
Authorities said the shooting happened at about 3:53 p.m. in the area of Bedford and Interstate 94.
A Michigan judge on Wednesday denied the Oxford High School shooter's request for his parents' pre-sentence investigation reports to help him appeal his life without parole sentence.
The CEO of the Ram and Dodge brands and the unofficial voice of American muscle cars is retiring from Stellantis after nearly 32 years.
Anyone who has gotten behind a wheel knows that feeling of being stuck at a red light, researchers are working on ways to reduce those instances. One of the ways is through changing traffic signals.
United Auto Workers union members at Stellantis' Warren Stamping Plant voted on Monday to authorize a strike over health and safety concerns.
Members of UAW Local 869 are scheduled to vote on May 6 over safety concerns at the plant.
Technology originally developed for homeland security is now available in Michigan to inspect every inch of your car. Developers say UVeye is like getting an MRI for your vehicle.
Lil Wayne will join PartyNextdDoor, Nigerian artists Rema, Arya Starr and Detroit native Kash Doll for the two-day event at the Bedrock Douglass site on Aug. 17 and 18.
Hip-hop mogul Sean "Diddy" Combs posted a video on social media apologizing for his "inexcusable" behavior and that he takes "full responsibility" for his actions.
Jim Parsons and Mayim Bialik are reprising their roles from "Big Bang Theory" in part one of the "Young Sheldon" series finale.
Caitlin Clark struggled early in her WNBA debut before finishing with 20 points and 10 turnovers as the Indiana Fever fell to the Connecticut Sun 92-71.
Actor Steve Buscemi appeared to be looking at his phone moments before he was randomly punched in New York City, exclusive video obtained by CBS New York shows.
The Justice Department will be joined by several state attorneys general in its antitrust lawsuit against Ticketmaster parent company Live Nation.
The former presidential candidate said she will vote for former President Donald Trump in November.
Family members of Uvalde school shooting victims also said they're filing lawsuits against dozens of Texas Department of Public Safety officers and Uvalde's school district.
The air travel service rolls out "white paw treatment" for dogs. Human passengers come second.
A company claimed Elvis Presley's estate failed to repay a loan that used the Graceland property as collateral.
The Michigan Department of Health and Human Services said the farmworker experienced mild symptoms and has recovered.
Panera faces another lawsuit over a highly caffeinated beverage that the restaurant chain said it would phase out.
Glenn Chin, 56, of Canton, Massachusetts, will appear in court on Nov. 4, 2024, according to the Michigan Attorney General's office. He is charged with 11 counts of second-degree murder.
Some bags of Pedigree dry dog food could pose a health hazard to pets, Mars Petcare warned in a recall posted by the FDA.
North Carolina Republicans are pushing forward with their plan to repeal a pandemic-era law, citing crime and recent campus protests.
The Detroit Lions have announced the dates, times and opponents for the three preseason games they will play this year.
At the 2024 National Goaltending Camp held at USA Hockey Arena in Plymouth, six of the 24 goalies participating call Michigan home.
The Detroit City Football Club announced it will have a soccer-specific stadium in Detroit. Fans and city officials said they are excited about the new plan.
After a huge win to start the season on the road against Flint City AFC last Saturday, Detroit City FC is set for a rematch against last year's Great Lakes Division champions in the club's 2024 USL W League home opener on Saturday, May 18 in a 7 p.m. kickoff at Keyworth Stadium.
Footage showed top-ranked golfer Scottie Scheffler handcuffed and walking toward a police car in the morning darkness. He later teed off at the PGA Championship.
Bud Denker, chairman of the Detroit Grand Prix, appears and talks about the upcoming race later this month, which will mark its second year on the streets of downtown Detroit.
The winner of the Republican and Democratic August primaries will face off in the general election.
The roundtable discusses mobility and the importance of marque events like the 2024 NFL Draft, the Detroit Auto Show and more.
By the time this presidential race is over, Biden, Trump and their entourages may not need Michigan driver's licenses, but they'll know their way around and where the orange barrel construction zones are enough to void them on their way to campaign events.
The Motor City is putting the final touches in place for the 2024 NFL Draft as it rolls into Detroit next week.
Warming into the 80s.
A judge ruled that both East Main and North Center streets in Northville can close for the seasonal shutdown. While some members are OK with the closures, others find them inconvenient.
The Detroit Police Department is investigating after a 6-year-old accidentally shot himself with an unsecured gun on Wednesday.
For many parents, buying a teen their first car can be nerve-racking. Patrick Olsen, editor-in-chief with Carfax, joined CBS News Detroit to provide tips for finding the best car for your teen.
Tom Gill, vice president of the U.S. Lifesaving Association, discusses what's behind the nationwide lifeguard shortage.