Slightly more Americans sought jobless aid last week
Should Fed's rate hikes cause a recession, a jump in layoffs and unemployment claims would be an early sign.
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Should Fed's rate hikes cause a recession, a jump in layoffs and unemployment claims would be an early sign.
Almost 4 in 10 of consumers who went into debt expect it will take at least five months to pay off their bills.
The minimum salary people want has risen to 8-year high, reflecting a hot job market and high cost of living, a survey says.
Seniors and other recipients are getting the biggest bump since 1981. But tax and Medicare issues may complicate things.
Rates are at their highest level in 15 years as policymakers try to tamp down inflation without torpedoing the economy.
Punishing inflation is forcing many people to economize this holiday season, while some are skipping gifts altogether.
Price increases are slowing but have a long way to go before hitting the Federal Reserve's 2% target.
Sharp drop in average gas prices signals that this year's breakneck pace of inflation is cooling.
Inflation dropped to still-high 6%, likely bolstering Fed's resolve to keep raising interest rates well into 2023.
Rising inflation could cause tighter budgets for some families as others may wonder how generous they can be.
It's estimated more gift buyers are likely to shop on Small Business Saturday than Black Friday this year.
Thanksgiving dinner will cost a whopping 20% more than it did last year, according to a new survey released Wednesday by the American Farm Bureau Federation.
You might have found the perfect house, but between the price and the interest rate, you're not sure if you should buy.
It's never a great time to carry credit card debt. But right now is arguably the worst time.
Inflation? High gas prices? American gamblers are shrugging them off — and losing money at casinos at a record pace.
Stocks rose in afternoon trading on Wall Street Tuesday as Americans head to the polls to vote in midterm elections that are being heavily influenced by inflation and the threat of a recession.
A measure of inflation that is closely monitored by the Federal Reserve remained painfully high last month, the latest sign that prices for most goods and services in the United States are still rising steadily.
With cost of groceries not slowing down, businesses like Detroit Cookie Co. continue fighting off food inflation.
Every time Amy Johnson turns on the water, she is thinking about her water bill. It's $13,000. How is that even possible?
Borrowing costs rose to their highest level in 14 years, and more interest-rate hikes are likely, Fed signaled.
Former U.S. Ambassadors John Rakolta Jr. and David Fischer appear on CBS 62's "Michigan Matters" this Sunday to talk about their time in those diplomatic jobs and how they ended up helping the Abraham Accords get signed.
The Southeast Michigan Purchasing Managers Index for September is at 50.6, up nearly five points from the August PMI of 45.7 and indicating a resumption of growth in the Southeast Michigan economy after three declining months.
The Southeast Michigan Purchasing Managers Index came in at 60.3 in June, a marked drop from 66.3 in May.
More money in your gas tank means less money in your wallet, and that's changed how consumers are spending their money elsewhere.
The Federal Reserve sizes up the economy in a two-day policy meeting which concludes Wednesday.
The ad campaign is part of the department's pitch to attract experienced attorneys, following high turnover among those hired straight out of law school.
Freddy Peralta pitched six scoreless innings and picked up his first win with his new team as the Tampa Bay Rays beat the Detroit Tigers 3-0 on Wednesday.
A 22-year-old Inkster man who is accused of randomly stabbing a 63-year-old woman at a Dollar Tree store earlier this week has been charged.
Supporters say it's about separating campaign contributions from government decisions.
Birmingham's new project features three spires rising above the words "Birmingham Welcomes You." The master plan estimates that each large gateway monument costs about $43,000.
Severe thunderstorms are expected to develop on Wednesday afternoon and evening as a cold front moves through Southeast Michigan.
A boater was killed, with another rescued from the water, after a boat flipped over in Oxbow Lake on Tuesday.
Robinette's Apple Haus and Winery in Grand Rapids will open its corn maze season on Sept. 1 with a Dolly Parton theme.
Supporters say it's about separating campaign contributions from government decisions.
Wayne County health officials on Wednesday reported the county's first human case of West Nile virus in 2026.
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."
General Motors says 350 workers will be laid off in January at its Lansing Grand River Assembly/Stamping and Lansing Regional Stamping sites.
Ford says the reveal is intended to connect directly with the enthusiasts who have helped make the Woodward Dream Cruise one of the nation's premier automotive events.
On average, drivers in the state are paying $4.15 per gallon for regular unleaded fuel.
Robinette's Apple Haus and Winery in Grand Rapids will open its corn maze season on Sept. 1 with a Dolly Parton theme.
Tim Curry was known for his iconic performances in cult classics like "The Rocky Horror Picture Show" and the original screen adaptation of Stephen King's "It."
Audience members at a stage performance of "9 to 5: The Musical" in the U.K. were heard gasping aloud at the news of Dolly Parton's death Tuesday.
Detroit rapper Eminem joined several others paying tribute to singer and actress Dolly Parton, who died at the age of 80.
The Parade Company is preparing for the 100th America's Thanksgiving Parade in downtown Detroit, and this year's grand marshal is businessman Dan Gilbert.
Freddy Peralta pitched six scoreless innings and picked up his first win with his new team as the Tampa Bay Rays beat the Detroit Tigers 3-0 on Wednesday.
Canadian officials said the tariffs set to be imposed on more than 800 U.S. imports are "strategic" and designed to target some states.
The group of 24 states and the District of Columbia argues the Postal Service's new rule violates the Constitution and federal law.
Tim Curry was known for his iconic performances in cult classics like "The Rocky Horror Picture Show" and the original screen adaptation of Stephen King's "It."
Meta agreed to pay up to $17.1 billion to settle allegations that its social media platforms are addictive.
Wayne County health officials on Wednesday reported the county's first human case of West Nile virus in 2026.
A bat found in Livingston County, Michigan, has tested positive for rabies, the local health department said on Thursday.
Providers, students, clients and community members gathered outside the Blue Cross Blue Shield of Michigan headquarters to urge the organization to pursue solutions that preserve access to care.
The new facility brings a wide range of services together under one roof, including workforce development programs, educational opportunities, behavioral health support and family services.
A human case of West Nile virus in West Michigan was detected through routine screening of a blood donation, health officials say.
Freddy Peralta pitched six scoreless innings and picked up his first win with his new team as the Tampa Bay Rays beat the Detroit Tigers 3-0 on Wednesday.
The 6-foot-10, 250-pound former NBA player was removed from Sunday's game after he was confronted by Sky guard Natasha Cloud.
Max Clark hit his first home run at Comerica Park and five Tigers pitchers combined to allow one run as Detroit ended a six-game losing streak with a 4-1 win over the Tampa Bay Rays.
More than two weeks before the Detroit Lions kick off their 2026 regular season, the team unveiled its new uniform on Tuesday.
Detroit's new professional women's hockey team welcomed its star player to Little Caesars Arena on Tuesday, officially introducing Hilary Knight.
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.
The eyes of the nation were on Michigan as its critical 2026 primary was held last Tuesday.
As the nation turns its attention to Michigan's critical Aug. 4 primary, the Michigan Matters roundtable weighs in.
Perry Johnson discussed not receiving President Trump's endorsement and the reasons he believes John James did.
The Wayne County Prosecutor's Office is taking a unique approach to attracting new talent to its pool of attorneys.
Michigan voters will decide the future of the “Money Out of Politics” proposal this November.
Birmingham's new project features three spires rising above the words "Birmingham Welcomes You." The master plan estimates that each large gateway monument costs about $43,000.
Wayne County health officials on Wednesday reported the county's first human case of West Nile virus in 2026.
Michigan will receive at least $171 million from the owner of Facebook and Instagram as part of a settlement that Meta Platforms has reached with 47 states, D.C. and three U.S. territories.