U.S. consumer sentiment plunges in April as trade war fuels anxiety
Consumer sentiment fell sharply in April for the fourth straight month as the trade war fuels worries about inflation and employment.
Watch CBS News
Consumer sentiment fell sharply in April for the fourth straight month as the trade war fuels worries about inflation and employment.
China says it is raising tariffs on U.S. goods to 125%, escalating the trade war between the two countries.
As Trump leaves China alone in facing high U.S. tariffs, Beijing says "the door to talks is open," but dialogue must come with "mutual respect."
Michigan Gov. Gretchen Whitmer earlier Wednesday delivered a speech while in Washington, outlining bipartisan efforts to grow the economy and boost manufacturing.
The U.S. stock market surged immediately after President Trump announced the pause on most of his new "reciprocal tariffs."
President Trump announced reciprocal tariffs on about 90 countries, including China and the European Union. Here's the list.
China said it will hike its levies on U.S. imports to 84% after President Trump hit Chinese goods with even higher tariffs.
President Trump's tariffs on imports from dozens of countries kicked in Wednesday, including 104% on goods from China, dramatically ramping up a potential global trade war.
President Trump and Israeli Prime Minister Benjamin Netanyahu met two days before new U.S. tariffs go into effect.
President Trump said he will slap more tariffs on imports from China if it doesn't withdraw a retaliatory tariff on U.S. products. Beijing bristled at his latest threat.
As the stock market continues to disappoint, the nonprofit organization Greenpath Financial tells CBS News Detroit that more people are coming to it now for help managing the stress of seeing what's happening with their finances.
It was a roller-coaster day in stocks as panic selling subsided, while President Trump threatened to hit China with a 50% tariff.
The likelihood of the U.S. entering a recession has jumped since President Trump announced new tariffs, according to Goldman Sachs economists.
Stocks in the U.S. look set for another for another rough outing Monday as the Trump tariff fallout continues to roil global markets.
The layoffs begin Monday and are expected to last for several weeks.
Countries targeted by President Trump for higher so-called reciprocal tariffs are due to go into effect on Wednesday.
Commerce Secretary Howard Lutnick said President Trump "wasn't kidding," and his reciprocal tariffs will take effect later this week.
Stocks continued to tumble in the U.S. Friday as financial markets suffered their biggest two-day drop since 2020.
Beijing fires back at Trump's latest tariffs with a matching 34% tax on all U.S. imports and tightened export controls on rare earth elements.
Stock futures are pointing to another major drop in U.S. financial markets as global trade war risks rise.
Nasdaq also sinks more than 1,000 points as investors fret over the potential economic impact of President Trump's latest tariffs.
As President Trump's 25% tariff on all imported vehicles kicked in overnight, it's expected that new cars are going to rise in price even more.
Jeep-maker Stellantis is idling production at plants in Canada and Mexico and will temporarily lay off 900 workers in the Midwest.
Ford rolls out employee pricing promotion as new 25% tariffs on U.S. auto imports take effect.
President Trump rolled out new tariffs on April 2 aimed at easing trade imbalances. Here's which products could become more expensive as a result.
From Flint to freshman phenom, John McKenney II says his son is always ready when the lights are brightest.
Aside from the Detroit Tigers' home opener against the St. Louis Cardinals, it's sure to be a Final Four showdown on Saturday, as Michigan takes on Arizona.
Detroit police say the officer was at the Coleman A. Young Municipal Center when the firearm went off.
A Flint, Michigan, man accused of killing a 67-year-old man in 2019 was convicted of murder for a second time after a new trial.
The University of Michigan men's basketball team has made its way to the Final Four on Saturday for the first time since 2018.
Aside from the Detroit Tigers' home opener against the St. Louis Cardinals, it's sure to be a Final Four showdown on Saturday, as Michigan takes on Arizona.
A man walked into the Livonia police station lobby with a knife and threatened to kill everyone before stabbing an officer during a struggle, police say.
A neighbor called Michigan Humane after spotting a puppy in the chimney of an abandoned home with a crumbling foundation, prompting the fire department to step in.
From Flint to freshman phenom, John McKenney II says his son is always ready when the lights are brightest.
Former Detroit Mayor Kwame Kilpatrick accuses federal prosecutors of "bullying" in their attempt to collect money following his 2013 conviction.
Michigan Gov. Gretchen Whitmer has declared an energy emergency in eight Southeast Michigan counties amid rising gas prices across the state.
General Motors has announced that it's making another round of layoffs at its Factory Zero plant in Metro Detroit. The latest round, the second this year, impacts roughly 1,300 workers and is due to a readjustment of operations amid declining electric vehicle demand.
Cities in Michigan lose big tax revenue from pollution-control tax breaks, and many do not track what they give up.
Gas prices are currently hovering just below $4 a gallon in much of Michgan, AAA says.
Henry Ford introduced the moving assembly line, a system that reshaped industrial production and helped make automobiles more accessible to the public.
Kid Rock posted videos of the helicopters hovering by his Nashville home on social media over the weekend. The Army later confirmed the helicopters were on a training mission.
The bag, called the "Gold Standard Cassette Tape," features a bold, nostalgic design inspired by classic cassette tapes.
The price hike raises the cost of the standard plan with ads by $1 per month and the cost of the standard and premium plans by $2.
It's a sign that Metro Detroiters are ready to say goodbye to winter and welcome spring, and the Marche du Nain Rouge is a feast for the eyes.
Chuck Norris' family said his death at 86 was sudden, but did not share any details on the cause.
Dillon Dingler homered, Framber Valdez pitched six shutout innings and the Detroit Tigers ended a four-game losing streak with a 4-0 win over the St. Louis Cardinals in their home opener.
Officials from 23 states and the District of Columbia filed a lawsuit seeking to block President Trump's executive order that aims to restrict mail voting.
A neighbor called Michigan Humane after spotting a puppy in the chimney of an abandoned home with a crumbling foundation, prompting the fire department to step in.
The eye drops — sold under multiple brands — have been recalled over concerns about sterility, according to the FDA.
Hiring was much stronger than expected in March, with employers adding roughly three times the number of jobs economists predicted.
Prosecutors allege the dentist billed Medicaid for large numbers of unnecessary dental crown work on patients that was not provided.
According to the Michigan Department of Health and Human Services, there have been eight confirmed measles cases in the state in 2026.
A water services provider and its president are accused of falsifying water safety and discharge tests for private water systems serving mobile home communities in Michigan.
Michigan communities have received millions from a national opioid settlement, but some haven't spent any funds yet.
Paramedics and emergency medical technicians face a harsh reality in Michigan.
From Flint to freshman phenom, John McKenney II says his son is always ready when the lights are brightest.
The University of Michigan men's basketball team has made its way to the Final Four on Saturday for the first time since 2018.
Dillon Dingler homered, Framber Valdez pitched six shutout innings and the Detroit Tigers ended a four-game losing streak with a 4-0 win over the St. Louis Cardinals in their home opener.
The Detroit Tigers open their 2026 home schedule on Friday, April 3, against the St. Louis Cardinals with a three-game series.
Michigan starting point guard Elliot Cadeau has rejoined his teammates for the Final Four and said his allergic reaction that required hospitalization a day earlier was due to an accidental exposure to nuts.
There's a focus on Michigan's defense industry as a national convention comes to Detroit in a few weeks, with over 11,000 people expected at Huntington Place.
Dave Coulter updates Oakland County's move to its new offices in downtown Pontiac and when that might take place.
Gardner White opened doors in Detroit in 1912, and the retailer continues to expand with nine new stores planned this year.
Rose talks about a new TV series being filmed in Detroit called "South West High," which revolves around a fictional high school in the Motor City.
As Women's History Month kicks off, Donna Murray-Brown, the new president and CEO of Inforum, appears on Michigan Matters.
Some of Michigan's biggest fans are heading to Indianapolis to cheer on the Michigan Wolverines in the Final Four this weekend. However, no one will be cheering louder than the athletes' parents. CBS News Detroit spoke with the father of freshman Trey McKenney to learn about what led him to the Wolverines and the Final Four.
Dozens participate in the annual Walk for Hope to take a stand against gun violence.
While many Michigan Wolverine fans traveled to Indianapolis for the Final Four, many stayed in Ann Arbor. Police are now preparing for any planned celebrations in the area.
The Michigan Wolverines are less than 24 hours from competing in the Final Four against Arizona. It is the team's first time in the Final Four since 2018.
Detroit police made their presence Friday night as large crowds gathered around the downtown area. Police say it was in response after dozens of teens flooded the area Monday night.