Red Lobster's cheap "endless shrimp" offer chewed into its profits
Red Lobster added all-you-can-eat shrimp to its menu. Then it realized how much Americans can eat.
Watch CBS News
Red Lobster added all-you-can-eat shrimp to its menu. Then it realized how much Americans can eat.
About 60% of American workers say their income has lagged inflation over the past 12 months, survey shows.
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.
A truck driver led multiple police units on a high-speed chase Saturday in Michigan, a pursuit all caught on security cameras.
Michigan State Police officials are investigating after a motorist walking on the shoulder of an interstate exit in Detroit to get more gas for his car was critically injured in a hit-and-run crash Saturday afternoon, the agency said.
The Detroit Red Wings on Saturday night were bested 5-2 by the Carolina Hurricanes, who snapped a season-worst three-game skid.
The chief of the Hamilton Fire Department in Allegan County, Michigan, is dead after he was hit by a vehicle while operating at a medical incident on Tuesday, according to state Rep. Angela Rigas.
A strong winter storm system is bringing warmer temperatures and widespread rain to end the weekend.
A strong winter storm system is bringing warmer temperatures and widespread rain to end the weekend.
DTE Energy says it's working to restore electricity for thousands of people in Southeast Michigan after ice on power lines created outages on Friday.
A truck driver led multiple police units on a high-speed chase Saturday in Michigan, a pursuit all caught on security cameras.
Michigan State Police officials are investigating after a motorist walking on the shoulder of an interstate exit in Detroit to get more gas for his car was critically injured in a hit-and-run crash Saturday afternoon, the agency said.
A pet store in Ypsilanti, Michigan, says a puppy stolen at the business by a woman on Monday was back in its possession on Saturday.
Ford Motor Co. is pivoting away from its once-ambitious electric vehicle plans amid financial losses and waning consumer demand for the vehicles.
A 15-gallon tank of gas will cost Michiganders about $42, which is around $15 less than the highest price drivers paid in July 2024.
Ford Motor Co. has stepped up technology in its popular F-150 pickup to combat ever-evolving techniques car thieves have at their disposal.
The management company of the LaFontaine Automotive Group in Metro Detroit has agreed to pay $1.5 million to settle an alleged Paycheck Protection Program loan fraud.
Slower adoption of electric vehicles was cited as the reason for pending layoffs at GM's Factory Zero.
It marks the second lawsuit in recent months accusing the filmmaker and studio mogul of leveraging his power in Hollywood to make sexual advances.
The band announced Perry Bamonte's death on their official website on Friday.
The "Taylor Swift" bill package, which includes House Bills 4262 and 4263, authorizes the Michigan attorney general to pursue action against anyone using ticket bots.
James Ransone, the actor who played Ziggy Sobotka in the HBO series "The Wire" and appeared in many other TV shows and movies, has died.
Comedian and actor Bowen Yang performed his final sketch on "SNL" Saturday night, after announcing his unexpected mid-season exit from the show.
Jeffrey R. Holland was next in line to lead the Mormon church under a long-established succession plan.
It marks the second lawsuit in recent months accusing the filmmaker and studio mogul of leveraging his power in Hollywood to make sexual advances.
Several major retailers are now charging customers to return items even if they are unopened and in perfect condition.
Stocks are mostly flat in quiet morning trading on Friday as investors return from the Christmas holiday.
With President Trump declaring Dec. 26 a federal holiday, here's what's open and closed on Dec. 26.
Oakland County officials say it has taken immediate action after water tests detected Legionella bacteria at the courthouse.
President Trump on Thursday signed an executive order to reclassify marijuana. While it might seem like a small move, it opens a new door for the industry as a whole.
Millions of people with an Affordable Care Act health plan face a massive jump in premiums next year — this chart shows just how much.
Henry Ford Health has announced new labor agreements with registered nurses and radiology technicians at its Rochester hospital.
A Michigan hospital is asking members of the public to raise their flashlights as well as the spirits of children during the holiday season.
The Detroit Red Wings on Saturday night were bested 5-2 by the Carolina Hurricanes, who snapped a season-worst three-game skid.
The Detroit Pistons fell 131-129 Friday night to the Utah Jazz. Keyonte George scored 31 points and hit a floater in the lane with 2.1 seconds remaining for Utah, who snapped a four-game losing streak.
The university fired ex-coach Sherrone Moore on Dec. 10 for having an "inappropriate relationship" with a female staffer.
Ryan Kennedy, along with attorneys, held a press conference on Friday, denying allegations that he made racial comments toward Metcalf during the Dec. 21 game in Detroit.
Jared Goff and the Detroit Lions have gifted the division rival Green Bay Packers a spot in the playoffs.
The roundtable discusses efforts by political and corporate leaders to raise the bar and improve K-12 education with a focus on raising reading scores.
With one in eight adults at risk for kidney disease, Dr. Silas Norman, a University of Michigan doctor specializing in kidney health, and Sandy Baruah, President and CEO of Detroit Regional Chamber, appear on Michigan Matters.
The state of Michigan can do better when it comes to raising the bar on K-12 public education.
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.
A big change overnight with temperatures dropping and a High Wind Watch in effect
A high-speed pursuit involving multiple law enforcement vehicles and a truck driver on Saturday was caught on security cameras. CBS News Detroit's Julia Avant spoke to people who saw the incident.
Attorneys for the man accused of involuntary manslaughter in the 2024 fatal explosion in Clinton Township have filed a motion to dismiss the charge. Plus, other top stories for the evening of Dec. 27, 2025.
A winter storm on Friday night covered states like New York and New Jersey with several inches of snow. More than 4,000 flights across the U.S. were delayed on Saturday morning amid the winter weather.
Pet City Pets in Ypsilanti said a puppy that was stolen from the business on Monday was back in its possession on Saturday.