Dow hits 40,000 for the first time as bull market accelerates
Robust corporate profits and steady U.S. economic growth are driving stocks to record highs.
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Robust corporate profits and steady U.S. economic growth are driving stocks to record highs.
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.
The two-woman, two-man crew is replacing four other station fliers who came home early last month due to a medical issue one was having.
The prosecutor's office says a charging decision will be made after the request is reviewed.
A Michigan man was charged after he allegedly threatened Republicans during a call to the state Capitol.
The University of Michigan Division of Public Safety and Security is urging people to avoid the area of W. Ellsworth and State roads.
The ranking member of the House Oversight Committee is demanding answers from Commerce Secretary Howard Lutnick, days after Lutnick reportedly met with the owner of the Ambassador Bridge.
Jarvis Butts entered a guilty plea during a pretrial conference on Thursday in the Third Circuit Court, court records show.
Jarvis Butts also plead guilty to five other cases involving sexual assault of four different minors with one victim as young as four years old.
An 18-year-old was taken into custody after one person was stabbed last week on Oakland University's campus, police said in an update on Thursday.
The two-woman, two-man crew is replacing four other station fliers who came home early last month due to a medical issue one was having.
The prosecutor's office says a charging decision will be made after the request is reviewed.
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.
"Dawson's Creek" and "Varsity Blues" star James Van Der Beek has died at 48 years old.
For the first time, a major U.S. automaker is putting a team up against the European giants of Formula One. Can Cadillac be a contender?
The 31-year-old Puerto Rican artist Bad Bunny took the stage on Sunday dressed in all white, donning a jersey with his last name, Ocasio, and the number 64.
Brad Arnold, the founder and lead singer of the 3 Doors Down has died following "his courageous battle with cancer," the rock band announced Saturday on social media.
Bad Bunny took the stage at halftime for the 2026 Super Bowl. Here's who else performed at Super Bowl 60.
The ranking member of the House Oversight Committee is demanding answers from Commerce Secretary Howard Lutnick, days after Lutnick reportedly met with the owner of the Ambassador Bridge.
Americans Madison Chock and Evan Bates, considered the favorites, placed second in the 2026 Winter Olympics. France's Laurence Fournier Beaudry and Guillaume Cizeron took home gold.
Some travelers are finding they don't have storage above their seats when they get on the plane because early boarders are taking up the overhead bins.
Border czar Tom Homan announced Thursday that Operation Metro Surge in Minnesota is concluding, with a drawdown of federal immigration officers set to occur over the course of next week.
The Trump administration says greenhouse gases emitted from sources like cars, trucks and power plants will no longer be regulated by the federal government.
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.
Legionella testing at Oakland County government facilities has detected the bacteria in the water systems of two additional buildings.
When the temperatures plummet, and the snow starts piling up, most of us have the same instinct: retreat indoors, crank up the heat, and get cozy.
Americans Madison Chock and Evan Bates, considered the favorites, placed second in the 2026 Winter Olympics. France's Laurence Fournier Beaudry and Guillaume Cizeron took home gold.
Retired Detroit Lions offensive tackle Dan Skipper is returning to the team, but not in uniform. Instead, he'll be on the sidelines as part of the coaching staff, sources told CBS News Detroit.
Isaiah Stewart of the Detroit Pistons has been suspended for seven games in the aftermath of an altercation that erupted during Monday night's game.
Two days after the confetti fell on Levi's Stadium in Santa Clara, California, one Detroit native is still processing the weekend of a lifetime.
The GameAbove Sports Bowl, which is hosted annually by Ford Field, will be canceled ahead of the 2026 season, the venue announced on Tuesday.
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.
Penske and Reuss address a wide range of critical issues for Detroit, Michigan and the nation.
Huntington Place CEO Bryan Crowe and his team have been preparing to welcome hundreds of thousands of visitors to the Detroit Auto Show this week.
Good morning Family, TGIF!!! Looking at a great kickoff to the warming weekend!! Mostly sunny skies today, with a high near 37. A little breezy through the afternoon but still lovely. Staying dry all weekend as temps continue to warm into the upper 30's and low 40's by Sunday. Thank you High pressure!! Warmer next week with temps heading into the 50's by Wednesday with the next chance for rain moving in. So my suggestion is, time to wash the ashy car!!! Great streak of days to get that winter off the ride!! In the words of Ludacris..."Roll OUT"!! Happy Valentine's Day Weekend!
The FBI says it is increasing the reward in the search for Nancy Guthrie. The search for the mother of "Today" show host Savannah Guthrie entered its 12th day.
Warmer air arrives quickly starting Friday afternoon.
An 18-year-old was taken into custody after one person was stabbed last week on Oakland University's campus, police said in an update on Thursday.
Police and fire crews on Thursday responded to a reported gas leak in the Ann Arbor-Pittsfield Township area.