Costco sells $100 million in gold bars amid inflation fears
Consumer's snapped up Costco's new gold bar offerings, contributing to the company's strong earnings last quarter.
Consumer's snapped up Costco's new gold bar offerings, contributing to the company's strong earnings last quarter.
Stocks closed higher on Wall Street, marking the market's third winning week in the last four.
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.
Recession worries continue to haunt Wall Street. A key indicator in the bond market is flashing signs of a potential downturn.
Does the huge drop in the Dow Jones and other indices mark the end of a historic run that dates back to the pandemic's early days?
The stock market has enjoyed unprecedented gains during the pandemic, with the strange, meteoric rise of GameStop among the highlights.
The stock market has enjoyed a historic rise, despite the pandemic and political upheaval, and looks poised to continue growing through 2021 and beyond.
The Dow Jones crossed the 30,000 threshold for the first time ever Tuesday, fueled by news that suggests a more stable economy in the near future.
Today's stock market gains come despite all the election uncertainty, but may suggest optimism for a second stimulus package down the line.
In an economy beset by pandemic-induced hardship, why is Wall Street thriving while Main Street is struggling?
The stock market reacted positively to the recent record unemployment numbers, which suggests a strong economic comeback, but be wary.
The stock market had a miserable 2018, but some companies bucked the trend to post an exceptionally good year.
General Motors, trying to clear the stigma of being partly owned by the U.S. government, will spend $5.5 billion to buy back 200 million shares of its stock from the treasury.
Companies all across the United States, especially here in Michigan, have a lot riding on what happens in Europe.
For the first time since May, 2008, the Dow Jones Industrial Average traded above the psychological milestone of 13,000.
Murray Feldman says investors fled some Michigan companies in droves sending stock prices plummeting.
Move over Miss Cleo! If you're worried about the stock market, fear not! A financial astrologer peeks into his crystal ball to give us his reading.
Wall Street's rocky ride has Detroit Mayor Dave Bing looking at his city's long-term financial picture.
The uncertainty in the financial markets and the financial world is raising a lot of concern, not just about investments, but also about perception of the U.S. and who is to blame for what's happening on Wall Street.
If the stock market is making your knees weak, or if news about the European Union is making you lose sleep, knowledge and professional guidance could be the key to maintaining your peace of mind and your wealth in 2012.
A disappearing lizard population in the mountains of Arizona shows how climate change is fast-tracking the rate of extinction.
Former Michigan Police Chief Tressa Beltran has pleaded guilty to drug charges, according to the Michigan Attorney General's office.
Two U.S. officials tell CBS News an Israeli missile has hit Iran in apparent retaliation for the recent drone and missile attack on the Jewish state.
"Ultimately we think this is a better approach that reflects the evolution of the business," Netflix Co-CEO Greg Peters said on an earnings call.
Detroit Lions unveiled new uniforms on Thursday, including a black alternate uniform. The unveiling comes hours after they were leaked on social media.
Detroit Lions unveiled new uniforms on Thursday, including a black alternate uniform. The unveiling comes hours after they were leaked on social media.
A disappearing lizard population in the mountains of Arizona shows how climate change is fast-tracking the rate of extinction.
Former Michigan Police Chief Tressa Beltran has pleaded guilty to drug charges, according to the Michigan Attorney General's office.
Two U.S. officials tell CBS News an Israeli missile has hit Iran in apparent retaliation for the recent drone and missile attack on the Jewish state.
In response, one House Democrat said she is surprised to continue having these conversations.
Workers at Mercedes-Benz factories near Tuscaloosa, Alabama, will vote next month on whether they want to be represented by the United Auto Workers union.
After leading the United Auto Workers on its historic strike against the Detroit Three automakers, Shawn Fain has been named on Time's list of the most influential people of 2024.
General Motors and real estate firm Bedrock announced Monday the automaker's headquarters will move to the Hudson's Detroit development in downtown Detroit from the Renaissance Center.
With U.S. electric vehicle sales starting to slow, Ford Motor Co. says it will delay rolling out new electric pickup trucks and a new large electric SUV as it adds gas-electric hybrids to its model lineup.
New vehicle sales in the U.S. rose nearly 5% from January through March, as buyers stayed in the market despite high interest rates.
"Ultimately we think this is a better approach that reflects the evolution of the business," Netflix Co-CEO Greg Peters said on an earnings call.
Anticipation was growing at a fever pitch before Taylor Swift's latest album, "The Tortured Poets Department," dropped at midnight EDT. But it turned out it's actually a double album.
Guitar legend Dickey Betts, who co-founded the Allman Brothers Band and wrote their biggest hit, "Ramblin' Man," has died.
Charli XCX and Troye Sivan are teaming up to co-headline an arena tour across North America, which will kick off here in Detroit.
ABBA, Blondie and The Notorious B.I.G. are entering America's audio canon.
A disappearing lizard population in the mountains of Arizona shows how climate change is fast-tracking the rate of extinction.
"Ultimately we think this is a better approach that reflects the evolution of the business," Netflix Co-CEO Greg Peters said on an earnings call.
Tesla's stock price has tumbled 39% this year amid concerns about the electric vehicle maker's slowing growth.
Anticipation was growing at a fever pitch before Taylor Swift's latest album, "The Tortured Poets Department," dropped at midnight EDT. But it turned out it's actually a double album.
Scientists are using a range of tools to protect the endangered wildlife that could disappear in coming decades.
Health officials are warning consumers not to consume the Infinite Herbs basil sold at Trader Joe's after 12 people were sickened.
Organic option is best when buying certain produce, especially blueberries, nonprofit group says in analysis of chemical residues.
MDARD officials say the virus, which was first detected in Michigan in 2022, was found in Newaygo County, making it the seventh flock in the state in the last two years.
The $872 million most likely excludes any amount UnitedHealth may have paid to hackers in ransom.
George Schappell and sister Lori, of Reading, Pa., were the world's oldest conjoined twins, according to the Guinness Book of World Records.
Detroit Lions unveiled new uniforms on Thursday, including a black alternate uniform. The unveiling comes hours after they were leaked on social media.
On the ground, the Michigan State Police will send at least 50 troopers to patrol the NFL Draft footprint daily, while the Wayne County Sheriff's Office will assign 70 deputies to the event.
The NFL revealed that Big Sean, Bazzi, the Detroit Youth Choir and more local artists will perform as part of the concert series for the 2024 NFL Draft in Detroit.
The No. 1 pick in this year's WNBA draft is "going to raise all boats" for players in the league, one expert said.
More than 20 people have been convicted in the case, many of them onetime NBA players.
Michael Bickers, Regional President of PNC Southeast Michigan/Detroit, and Eric Poe, CEO of CURE Auto Insurance, appeared on CBS Detroit's Michigan Matters.
Businesses across Michigan are feeling optimistic about the future after weathering the historic 100-year health pandemic that impacted every company in one way or another.
Three leaders talked about how the region is doing to help people deal with mental health issues.
The issue of abortion and IVF was also discussed during the roundtable, along with thoughts on how they might sway voters this fall.
Riney, who has spent his 46-year career at Henry Ford Health, was named one of Modern Healthcare's 100 Most Influential People.
Nearly ten degrees cooler today than yesterday. More sun for the afternoon.
Iraqi Prime Minister Mohammed Shia al-Sudani traveled to Michigan on Thursday to meet with the state's large Iraqi community and update them on escalating tensions in the Middle East.
Detroit Lions unveiled new uniforms on Thursday, including a black alternate uniform.
In celebration of Arab American Heritage Month, CBS News Detroit takes a look into the culture in Metro Detroit, highlighting the history, leadership, food, and comedy.
Behind every athlete is a mother supporting them behind the scenes. On April 21, the "My Mom's First Fan" event celebrates Metro Detroit football mothers. Khary Frazier, founder of Detroit is Different, and Constance "Maspice" Davis, the mother of retired NFL player Anthony "Spice" Adams, joined CBS News Detroit to talk about the upcoming event.