Home prices could dip in 22 U.S. cities next year, report says. See where.
A new report from Realtor.com projects that the housing market will shift in a more buyer-friendly direction in 2026.
Watch CBS News
A new report from Realtor.com projects that the housing market will shift in a more buyer-friendly direction in 2026.
Concerns about a weakening labor market may outweigh worries about rising inflation, tipping the Fed toward another rate cut, economists say.
The Federal Reserve announced Wednesday to cut base interest rates by a quarter percentage point bringing 4.25%. It's the first cut we've seen in nine months and that could have an impact on consumer interest rates for credit card debt, car loans and mortgage rates. CBS News has this report.
The Federal Reserve is cutting its benchmark interest rate as the U.S. economy faces headwinds, including a faltering labor market.
The Federal Reserve's September meeting this week is taking place amid the Trump administration's push for the agency to lower interest rates.
The Trump administration wants an appeals court to lift a ruling that blocked President Trump from firing Federal Reserve Governor Lisa Cook before an interest rate meeting next week.
Federal Reserve Chair Jerome Powell has been under pressure from President Trump to lower the central bank's benchmark interest rate.
The Fed is maintaining its benchmark interest rate in the range of 4.25% to 4.5%, where it's been parked since December.
The Federal Reserve said Wednesday it will maintain the benchmark interest rate at its current range of 4.25% to 4.5%
The CFPB is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts.
The Federal Reserve on Wednesday moved to lower its benchmark rate by 0.25 percentage points, but said it plans fewer cuts in 2025.
The Federal Reserve announced a third rate cut today, but also cautioned it expects fewer cuts in 2025.
The Federal Reserve said it is cutting rates by 0.25 percentage points, its second rate cut of the year.
The Federal Reserve announced its second interest rate cut of 2024, but Trump's economic priorities could impact future policy.
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.
The Fed has slashed borrowing costs for the first time in more than four years. Here's how that would impact people with credit card balances.
The Average rate for 30-year fixed mortgage now stands at 6.44%, the lowest in 16 months, according to the Mortgage Bankers Association.
Federal Reserve Chair Powell, speaking at a conference in Jackson Hole, Wyoming, said the timing and pace of rate cuts will depend on economic data.
After years of soaring housing costs, renters are getting some relief as the Federal Reserve looks to extinguish inflation.
Inflation is moving sideways, remaining above 3% for the first three months of 2024. Here's how that could impact your finances.
The Federal Reserve marked its first rate decision of 2024 by keeping its benchmark interest rate unchanged.
If faced with a sudden loss of income, more than half of Americans say they worry they wouldn't have enough savings to cover a month's living expenses.
U.S. economy continues to plow ahead, as holiday shoppers shell out more on gifts this year than predicted.
In its last rate decision of 2023, the central bank said it is holding its benchmark rate steady amid cooling inflation.
A Shelby Township man faces up to life in prison on each of four counts first-degree criminal sexual conduct.
A Michigan Lottery player won a $3.98 million Lotto 47 jackpot Saturday by picking all six numbers that were drawn, lottery officials said.
Workers who claim the new deduction will see an average tax cut of around $1,400, although some could realize larger savings.
Cases of bovine tuberculosis have been confirmed among a dairy herd in Northern Lower Michigan.
The Detroit Police Department is seeking information from the public to help solve an armed robbery investigation.
A Michigan Lottery player won a $3.98 million Lotto 47 jackpot Saturday by picking all six numbers that were drawn, lottery officials said.
A Shelby Township man faces up to life in prison on each of four counts first-degree criminal sexual conduct.
Three men are in custody after a 19-year-old man was found fatally shot Monday near Proud Lake in Commerce Township, Michigan.
Workers who claim the new deduction will see an average tax cut of around $1,400, although some could realize larger savings.
Cases of bovine tuberculosis have been confirmed among a dairy herd in Northern Lower Michigan.
Union Vice President Laura Dickerson confirmed that the worker, TJ Sabula, "has no discipline on his record."
Some General Motors employees are taken aback by this year's profit-sharing checks, with it being $4,000 less than the previous one.
While many assume a "harsh" winter, or this bone-chilling, sustained cold, is the enemy of asphalt, the real culprit is temperature fluctuation.
In Metro Detroit, drivers are paying about $2.90 per gallon, which is 2 cents less than last week and 29 cents less than at the same time last year.
The winter storm that brought snow to Southeast Michigan on Sunday didn't stop car enthusiasts from leaving their homes for the final day of the 2026 Detroit Auto Show.
Barry Manilow announced Friday he needs to reschedule several more concerts as he continues to recover following surgery after he was diagnosed with lung cancer.
"Jersey Shore" star Nicole "Snooki" Polizzi said in a TikTok video that her results at a post-op appointment for a cone biopsy showed stage 1 cervical cancer.
In April 2025, Eric Dane announced he had been diagnosed with amyotrophic lateral sclerosis, or ALS.
Warner Bros. Discovery said that Paramount Skydance is considering enhancing its buyout offer for the entertainment company.
Robert Duvall was in such classics as "The Godfather," "To Kill a Mockingbird," "M*A*S*H," "The Great Santini" and "Tender Mercies."
Workers who claim the new deduction will see an average tax cut of around $1,400, although some could realize larger savings.
A federal judge on Monday permanently blocked the Justice Department from releasing former special counsel Jack Smith's report on the classified documents investigation.
The Social Security Administration wouldn't stop issuing benefits once its trust funds are exhausted, but it could be forced to cut benefits.
A Delta Air Lines flight bound for Puerto Vallarta, Mexico, from Detroit on Sunday was diverted to Alabama due to "civil unrest" in the region, according to a company spokesperson.
The space agency said Sunday it's targeting Tuesday for the slow, four-mile trek across Kennedy Space Center, weather permitting.
Michigan lawmakers required schools to adopt a cardiac emergency response plan for the current school year if the Legislature appropriated "sufficient funds," but funding wasn't dedicated in the education budget.
What started as food poisoning for a young boy in Clinton Township turned into years of organ failure.
Officials announced eligibility for mothers and babies in the city of Detroit.
Two Metro Detroit representatives are among those sponsoring a bill that calls for a 32% tax on any wireless device purchased for someone age 17 and younger.
The Oakland Community Health Network will now be taking over that responsibility amidst a financial dispute between the two organizations.
WNBA player Kara Braxton, who won two championship titles with the Detroit Shock, has died.
The Milan Cortina Olympics ended Sunday with a closing ceremony inside the ancient Roman amphitheater, Verona Arena.
Through a sudden death overtime goal, the U.S. men's hockey team is golden over Canada.
Jalen Duren had 26 points and 13 rebounds in his return from a suspension to help the Detroit Pistons take charge in the second half and roll to a 126-110 victory over the Chicago Bulls on Saturday night.
Minnesota Vikings wide receiver Rondale Moore was found dead at the age of 25 at a residence in New Albany, Indiana, authorities reported Saturday.
Penske, a business and racing legend, turns 89 on Feb. 20 and is celebrating his 60th year in racing during 2026.
Claressa Shields talks about giving back to the community and her efforts to increase equity for women in sports.
The roundtable discusses the impact of the high-profile game for advertisers, including Detroit-based Rocket and Redfin.
Could a new entertainment tax and a new sales tax be ahead for the Motor City?
As the 2026 Detroit Auto Show wraps up Sunday, the roundtable discusses the signature event and standout moments from the past two weeks.
Chilly temps today and tonight, but warmer temperatures and more snow showers will be in our 7 day forecast. NEXT Weather Meteorologist Karen Carter breaks down what you can expect this week.
John Koza who grew up in Redford Township, Michigan, is credited with introducing the instant ticket, which the Michigan Lottery and other state lotteries around the country adopted into their lottery programs. Here's that story as part of CBS News Detroit's America at 250 series.
Federal Election Commission documents obtained by CBS News Detroit show a member of the family who owns the Ambassador Bridge apparently donated to a pro-Trump political action committee.
With spring just around the corner, there's a good chance you're going to see some potholes spring up. Ryan Seidler, service manager with Tamaroff Group, shares some advice to Detroiters.
As the snow finally melted in New York City prior to this week's fresh blizzard, some New Yorkers are realizing their neighbors have been neglecting one very vital chore: picking up after their dogs.