The cities where the middle class is thriving — and struggling
The Bay Area is the best performing region within the U.S. for middle- and working-class families, according to a new analysis.
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The Bay Area is the best performing region within the U.S. for middle- and working-class families, according to a new analysis.
Prices across the U.S. rose 3.2% compared with a year earlier, slightly below economists' forecasts.
From generous pay and benefits to stronger job security, the United Auto Workers union won significant concessions in tentative settlements that have ended their strikes against Detroit's automakers.
About two in three Americans say their household expenses have risen over the last year, but only about one in four say their income has increased in the same period.
The 2024 inflation adjustment won't be as large as last year's hike. That means some older Americans could lose ground.
If the United Auto Workers strike isn't settled soon, consumers will see higher prices for new cars — and not just the ones from Detroit.
Despite uptick in prices, Wall Street analysts still expect inflation to continue easing over the coming months.
The largest drop in pessimism about the economy since summer 2022 has come from Republicans.
Just five years ago, a price-conscious auto shopper in the United States could choose from among a dozen new small cars selling for under $20,000.
On the legislation's "birthday" lawmakers gathered in Lansing to celebrate the accomplishments they feel are due to this new law.
For the first time in the U.S., credit card debt has surpassed $1 trillion.
Though far from its recent peak of 9.1% in June 2022, the figure remains higher than the Federal Reserve's goal of 2%.
Consumer sentiment tracked by the University of Michigan rose 11% in July from the prior month, reaching its highest level since October 2021, according to a final reading of the month's data.
Although inflation has slowed sharply, Fed officials are again tapping the brakes to ensure the economy slows.
The Consumer Price Index rose at an annual rate of 3%, the Labor Department said on Wednesday.
Cookout costs will vary, but Americans hitting the road are about to save $2.6 billion on gas this holiday weekend over last year.
A growing number of brides across the country are finding bliss in pre-loved wedding dresses.
In some areas inflation has fallen below 2%, while in other regions prices are still spiraling upward. Why?
Skyrocketing inflation is driving up the price of venues, catering and flowers — but there are ways to trim costs.
Even so, the latest "report contains plenty of pain, especially for lower-income Americans," said one economist.
The Saudi cut of 1 million barrels per day comes as the other OPEC+ producers agreed to extend earlier production cuts through next year.
Faced with deciding between making a jumbo payment and keeping their existing vehicles, more owners are choosing to stick with what they have, even if it means spending more on repairs and maintenance.
Prices rose at the slowest rate in two years amid the Federal Reserve's ongoing series of interest rate hikes.
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.
A 71-year-old Michigan man is in critical condition after suffering a medical emergency, causing him to strike a utility pole in Macomb County.
Michigan Army veteran Ed Bambas, 88, started working again after losing his pension. But thanks to the kindness of strangers, he received a life-changing gift to allow him to retire a second time.
The Plymouth Township Police Department says it is investigating a "suspicious situation" after a man allegedly approached two middle school students while holding a pocket knife.
A live auction is set for Friday, Dec. 19, for the life ring that was discovered by Larry Orr in 1975.
Many people living with MS are limited from taking nature walks shown to improve mental health, so Hala Darwish is bringing Mother Nature to them.
A former autoworker was given back his retirement through the kindness of strangers.
Southeast Michigan has a couple of chances for snow over the weekend.
Legionella bacteria were found through water testing in the building late Thursday after an employee was diagnosed with Legionnaires' disease.
A 71-year-old Michigan man is in critical condition after suffering a medical emergency, causing him to strike a utility pole in Macomb County.
Michigan Army veteran Ed Bambas, 88, started working again after losing his pension. But thanks to the kindness of strangers, he received a life-changing gift to allow him to retire a second time.
Slower adoption of electric vehicles was cited as the reason for pending layoffs at GM's Factory Zero.
Yanfeng will close its Romulus production facility, located at 9800 Inkster Road.
In Metro Detroit, drivers are paying about $3.06 per gallon, which is 1 cent more than last week but 3 cents less than at the same time a year ago.
Most of the intersections and roundabouts that made the 2024 list are in Southeast Michigan.
Avancez said a change in customer orders will result in layoffs during December at its Hazel Park location.
Frank Gehry was known for designing the Guggenheim Museum Bilbao in Spain and the Walt Disney Concert Hall in Los Angeles.
Netflix on Friday said it will acquire Warner Bros., including its film and television studios, HBO Max and HBO.
RoboCop has found a permanent home in Detroit — all 11 feet and 3,500 pounds of him.
Stoppard was often hailed as the greatest British playwright of his generation.
More than 75 dazzling displays lined up to march down Woodward Avenue, led by Detroit Mayor Mike Duggan, who served as grand marshal for the parade.
Frank Gehry was known for designing the Guggenheim Museum Bilbao in Spain and the Walt Disney Concert Hall in Los Angeles.
The Supreme Court said Friday it will decide the legality of President Trump's executive order that seeks to end birthright citizenship.
Michigan State has received a $401 million gift from Greg and Dawn Williams, supporting the university's and athletic department's fundraising initiatives with the largest donation to the school and one of the richest in college sports history.
The CDC's Advisory Committee on Immunization Practices, with members appointed by RFK Jr., voted to change longstanding recommendations on the hepatitis B vaccine.
A former autoworker was given back his retirement through the kindness of strangers.
Many people living with MS are limited from taking nature walks shown to improve mental health, so Hala Darwish is bringing Mother Nature to them.
Legionella bacteria were found through water testing in the building late Thursday after an employee was diagnosed with Legionnaires' disease.
The new guidelines are effective at all DMC locations, including the Children's Hospital of Michigan.
The sheriff's office says closure for Building 38E is effective Friday through the weekend.
Women who have a doula are 47% less likely to have a cesarean delivery and a 29% lower chance of having a preterm delivery, according to a study published in the National Library of Medicine.
Detroit Lions safety Brian Branch tore his left Achilles tendon against the Dallas Cowboys, according to a person familiar with the situation.
Michigan State has received a $401 million gift from Greg and Dawn Williams, supporting the university's and athletic department's fundraising initiatives with the largest donation to the school and one of the richest in college sports history.
Jahmyr Gibbs and the Detroit Lions have beaten the Dallas Cowboys to stay atop the NFC wild-card race.
Adam Fantilli tied it with 1:31 left in the regulation with his second goal of the game, Kirill Marchenko had the shootout winner and the Columbus Blue Jackets beat the Detroit Red Wings 6-5 on Thursday night.
The Detroit Lions host the Dallas Cowboys in Week 14 of the 2025 NFL season on Thursday.
The Detroit show will attract hundreds of thousands to the area as automakers, tech companies and more gravitate to downtown Detroit.
This week on Michigan Matters, Carol Cain speaks with retail owners and entrepreneurs ahead of the holiday season.
Hundreds of thousands will line up along Woodward Avenue for America's Thanksgiving Parade in Detroit.
This week's roundtable discusses the economic outlook as the critical fourth quarter of 2025 plays out.
Detroit City Council President Mary Sheffield was overwhelmingly elected as mayor.
Businesses in Oakland County are dealing with customers using fake cash this holiday shopping season. CBS News Detroit's Terell Bailey spoke with a business owner in Oxford whose store was hit.
An 88-year-old Army veteran from Michigan went viral after sharing his story about having to find work after losing his pension. After a GoFundMe raised over $1 million, Ed Bambas was surprised with the check on Friday.
Light snow arrives on Sunday morning to kick off a week of on-and-off snow showers.
For this week's Furry Fridays, meet Zade and Pumpkin! You can find these two pets and more at Michigan Humane.
A University of Michigan professor is getting national recognition for her research aimed at relieving depression symptoms in people living with multiple sclerosis, and she's doing it not with antidepressants or pharmaceuticals, but with technology and nature.