Why inflation in one battleground state could sway the election
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.
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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.
Key report on consumer prices comes ahead of interest-rate decision by the Federal Reserve in the afternoon.
Prices excluding food and energy rose at an annual rate of 2.8% in April as inflation eased after flaring earlier this year.
Is the issue of abortion offsetting the drag on President Biden stemming from inflation nationally and immigration in a state like Arizona?
Americans who spend Memorial Day scouting sales online and in stores may find more reasons to celebrate the return of warmer weather.
The Fed increased its benchmark rate by 0.25 percentage points to battle resurgent inflation driven by soaring energy prices.
Malden police say Anthony Lamont Fowlkes was arrested Tuesday morning without incident on a federal warrant and turned over to Homeland Security Investigations. The case is pending in U.S. District Court for the Eastern District of Michigan.
An Auburn Hills man accused of shooting a teen and injuring a woman during a youth football game in Pontiac over the weekend has been arraigned.
The standardbred-Friesian mare is currently undergoing treatment and is believed to be unvaccinated, according to state officials.
A Macomb County man is accused of stomping on the head of a kitten and killing it.
Republican Mike Rogers is defending his decision not to attend a Sept. 15 televised event in the U.S. Senate race, saying he never agreed to participate and accusing the moderator of favoritism.
The Fed increased its benchmark rate by 0.25 percentage points to battle resurgent inflation driven by soaring energy prices.
An Auburn Hills man accused of shooting a teen and injuring a woman during a youth football game in Pontiac over the weekend has been arraigned.
The Oakland County Sheriff's Office is investigating the death of a 3-year-old boy who was killed in a shooting on Tuesday in a Pontiac home.
A 3-month-old baby was rescued from a bedroom after police and firefighters discovered a working house fire in Monroe.
Tony Stewart Racing unveiled a special Dodge livery on Tuesday at Stellantis' North America headquarters in Auburn Hills, Michigan.
The spike in prices has also sparked differing opinions among drivers about who's to blame.
A Ford contract employee was taken to a hospital following an incident on Monday morning at the Michigan Assembly Plant in Wayne, Michigan.
Automotive expert Paul Eisenstein of Autoline TV said the number of vehicles recalled this year has surged.
Woodward Dream Cruise participant Mike Holmes, who showed off a DeLorean at Saturday's event, said the " human interaction is just as much fun as driving the car."
Aaron Rowe, Beoga, Lukas Graham and Finneas all released statements Tuesday on Instagram saying they were withdrawing from Ed Sheeran's tour.
Dearborn Mayor Abdullah Hammoud told rapper Macklemore he's "always welcome in Dearborn" after venues on Ed Sheeran's stadium tour refused to include him.
There are plenty of Halloween-themed events to choose from this fall in Metro Detroit. Here's a list.
The Romeo Peach Festival, which one visitor described as a celebration of "peach everything!" wrapped up on Monday. Here's a look at the food and activities.
Bruce Campbell, an actor and filmmaker widely known for his work in "The Evil Dead" franchise, says his cancer prognosis indicates he has about five years to live.
The Fed increased its benchmark rate by 0.25 percentage points to battle resurgent inflation driven by soaring energy prices.
The previous votes have failed to stop President Trump from waging war with Iran.
The Republican says the event was a town hall he never committed to and was never on his schedule. He also faulted the moderator, saying you can't hold a "two-on-one event in a TV studio."
Spencer Torkelson hit a three-run homer, Drew Anderson pitched five shutout innings and the Detroit Tigers won their sixth straight game by thumping the Toronto Blue Jays 10-1.
Aaron Rowe, Beoga, Lukas Graham and Finneas all released statements Tuesday on Instagram saying they were withdrawing from Ed Sheeran's tour.
The standardbred-Friesian mare is currently undergoing treatment and is believed to be unvaccinated, according to state officials.
A new four-legged team member is already making an impact on students at Polk Elementary School in Dearborn Heights.
Over the last six years or so, the DNR has been installing these viewers at different parks across Michigan, basically one by one.
The presence of ricin in a substance linked to an apartment complex in Hastings, Michigan, has been confirmed, the Barry-Eaton District Health Department said Saturday, two days after a potential exposure to the poison was reported.
Affordable Care Act recipients in 30 states are set to receive the $500 checks starting in October. Here's why.
The Mid-American Conference says it will move to a nine-game conference schedule in 2028.
Spencer Torkelson hit a three-run homer, Drew Anderson pitched five shutout innings and the Detroit Tigers won their sixth straight game by thumping the Toronto Blue Jays 10-1.
The Detroit Red Wings will start training camp this week with leaders of the front office and the team in limbo.
Tony Stewart Racing unveiled a special Dodge livery on Tuesday at Stellantis' North America headquarters in Auburn Hills, Michigan.
The Detroit Lions know they are asking a lot of star running back Jahmyr Gibbs.
At the top of the list is the open U.S. Senate contest between Democrat Abdul El-Sayed and Republican Mike Rogers.
The Detroit Regional Partnership, which has been around for six years, has been a significant catalyst, helping bring numerous jobs and companies to the region.
The roundtable talks politics, civility and issues that will resonate this fall in various elections.
As we count down the final days of summer, there's still a wee bit of time left to grab a good book as you head to the beach or maybe your backyard.
Rachel Stewart previews the upcoming America's Thanksgiving Parade presented by Gardner White, which will celebrate its 100th anniversary in 2026.
Happy Hump Day Fam! Looking at mostly cloudy skies with a few showers and thunderstorms scattered today. High 73°. Tomorrow and Friday a bit of sun, then showers return for the weekend.
Three people were killed when an NBC Los Angeles helicopter crashed in the San Fernando Valley on Tuesday night near the scene of a deadly Metro bus crash in Chatsworth.
Hot Sam's is downtown Detroit's oldest men's clothing store. The retailer has introduced a new line of modern leisure attire and is presenting the first pieces in that set.
A gym class policy for Lakeview High School in Macomb County's Lakeview Public Schools spells out how girls are to handle opting out of swim class on days when they are menstruating. CBS Detroit learned that the district plans to meet with the parent who raised questions about the rules.
The Belle Isle Ballfield at Belle Isle Park is getting renovations and updates that include a scoreboard, new bleachers and custom-designed dugouts. CBS Detroit has this look.