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.
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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.
With dozens of volunteers and donors between Henry Ford Health's hospitals in Novi and Southfield, over 1,200 kids will have gifts under the tree this holiday season.
Crime Stoppers of Michigan holds a holiday party each year as a way to give impacted families a reprieve from the sadness.
"We're reviewing the process, and we'll see," Defense Secretary Pete Hegseth said. "Whatever we were to decide to release, we'd have to be very responsible about reviewing that right now."
The Detroit Lions (8-5) would not be in the playoffs if they started next week, but the two-time defending NFC North champions have a chance to play their way in.
A bipartisan Michigan House bill would let the state install technology around state-owned buildings and critical infrastructure that detects unmanned aircraft or prevents them from flying overhead, according to the Legislature's website.
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.
In Oakland County, Michigan, some scammers are working hard to make sure their pockets end up delightful this holiday season.
Legionella bacteria were found through water testing in the building late Thursday after an employee was diagnosed with Legionnaires' disease.
A bipartisan Michigan House bill would let the state install technology around state-owned buildings and critical infrastructure that detects unmanned aircraft or prevents them from flying overhead, according to the Legislature's website.
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.
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.
Japanese officials said Jeremy O Harris, known for his Tony-nominated "Slave Play" and his role in the series "Emily in Paris," was arrested on the island of Okinawa on Nov. 16.
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.
FIFA released the World Cup schedule on Saturday that will feature 104 matches spread across 11 cities in the United States, with three in Mexico and two in Canada.
Video shows Coast Guard vehicles pursuing a go-fast vessel that appeared to have multiple people aboard.
The change to the schedule comes shortly after the Trump administration announced new fees for non-resident visitors.
Japanese officials said Jeremy O Harris, known for his Tony-nominated "Slave Play" and his role in the series "Emily in Paris," was arrested on the island of Okinawa on Nov. 16.
Frank Gehry was known for designing the Guggenheim Museum Bilbao in Spain and the Walt Disney Concert Hall in Los Angeles.
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.
The Detroit Lions (8-5) would not be in the playoffs if they started next week, but the two-time defending NFC North champions have a chance to play their way in.
FIFA released the World Cup schedule on Saturday that will feature 104 matches spread across 11 cities in the United States, with three in Mexico and two in Canada.
Cade Cunningham had 13 of his 29 points in the fourth quarter and the Detroit Pistons rallied to beat the Portland Trail Blazers 122-116 on Friday night.
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.
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.
The National Association for the Advancement of Colored People Detroit Branch partnered with 70 different Black-owned small businesses across Detroit in an effort to convince consumers to support local entrepreneurs during the holiday season.
More chances for snow next week
Two Henry Ford Health hospitals have been buying gifts for kids. The health system's Providence Foundation has been putting on the Christmas Store since the 80s. On Saturdays, volunteers delivered the gifts to families driving by the Henry Ford Providence Southfield Hospital.
The holidays are usually a joyous time, but the season can be tough for families who have lost loved ones due to crime. Veronica Ortega looks into what Crime Stoppers of Michigan is doing to help.
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.