Fed lowers rates by 0.25 percentage point, but expects fewer cuts
The Federal Reserve on Wednesday moved to lower its benchmark rate by 0.25 percentage points, but said it plans fewer cuts in 2025.
Watch CBS News
The Federal Reserve on Wednesday moved to lower its benchmark rate by 0.25 percentage points, but said it plans fewer cuts in 2025.
A person in Louisiana has the first severe illness caused by bird flu in the U.S., the Centers for Disease Control and Prevention announced Wednesday.
FAA data shows that lithium battery fires on U.S. flights have risen 388% since 2015, now occurring nearly twice a week.
The Supreme Court on Wednesday said it will take up a challenge to a new law that could lead to a ban on TikTok in the U.S.
The 1,500-page measure would have done much more than prevent a government shutdown.
The House Ethics Committee voted to release its report on the investigation into former Rep. Matt Gaetz on Dec. 5, according to multiple sources.
An Indiana man, Joseph Corcoran, convicted of killing four people including his brother and his sister's fiancé decades ago was put to death, without any independent witness, marking the state's first execution in 15 years.
NASA astronauts Butch Wilmore and Suni Williams have been stuck in space for months longer than expected, and will not return to Earth until at least March 2025 at the earliest, NASA indicated.
Here's what to know about Frontier's "GoWild!" unlimited flight deal, an "all you can fly" offer that costs $499.
The automakers are reportedly considering a merger to compete against large EV makers.
Walmart says retailing giant is testing pilot in one market, and no longer-term decisions have been made.
A "combination of factors" appear to have led a 15-year-old student to carry out a school shooting, police in Madison, Wisconsin, said Tuesday.
Luigi Mangione was indicted Tuesday by the Manhattan district attorney in the murder of UnitedHealthcare CEO Brian Thompson.
"People deserve to know upfront what they're being asked to pay," FTC Chair Lina Khan said in announcing crackdown on certain consumer fees.
Leaders in Congress unveiled a measure to keep the government funded, facing a Friday night deadline to avert a government shutdown.
Oakland County Sheriff Michael Bouchard is hosting a press conference to discuss the attack on Temple Israel and how the community moves forward.
Six police officers and a semi-truck driver have been released from a local hospital after a fiery crash involving a car and a semi-truck.
A group of Michigan Democrats asked for an investigation into the relationship between convicted sex offender Jeffrey Epstein and Interlochen Center for the Arts.
Federal officials have found a business checking account linked to former Detroit Mayor Kwame Kilpatrick, and are trying to seize the funds.
Cunningham got hurt in Tuesday's win over Washington, leaving midway through the opening quarter with what the team called back spasms.
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.
A $4.3 billion investment is going toward a battery cell manufacturing plant in Lansing, Michigan, to provide Tesla with prismatic battery cells.
The United Auto Workers says that Detroit Diesel is adding a third shift, recalling laid-off workers and hiring dozens more people.
AAA says motorists are paying an average of $3.53 a gallon for regular unleaded gas in the United States.
Afroman spoke to CBS News after he won the case, which tested the limits of parody and the license artists can take in social commentary directed at public figures.
Short film director Sam Davis gave a shout out to his Michigan hometown when accepting an Oscar award on Sunday.
The film follows CBS News correspondent Steve Hartman and photographer Lou Bopp through their seven-year journey to document the toll of America's school shooting epidemic.
The acclaimed filmmaker, who died in February at age 96, revolutionized the art of documentaries with such films as "Titicut Follies." In an interview recorded last year, the pioneering Wiseman talked about his unusual production methods aimed at capturing life.
Hollywood's biggest stars were honored at the 98th annual Academy Awards on Sunday. Here is what to know and how to watch the 2026 Oscars.
The man who attacked a synagogue in Michigan last week sent a photo of himself with the AR-style rifle he had during the attack to a family member in Lebanon, according to a U.S. official.
Afroman spoke to CBS News after he won the case, which tested the limits of parody and the license artists can take in social commentary directed at public figures.
A barrel of Brent crude topped $111, while the U.S. benchmark also rose as the Iran war intensifies.
Fed officials are grappling with a host of economic challenges, from stubborn inflation to a slowing job market.
Allegations of abuse of women and girls by union leader Cesar Chavez were first reported by the New York Times on Wednesday.
Legislation is pending in Lansing that is intended to prohibit the sale or distribution of a substance called kratom.
A new report says Michigan should invest in primary care doctors to ease a severe shortage of physicians that has led to long wait times, higher costs and missed care.
The vote from 10,000 nurses at nine hospitals and campuses received 90% approval for authorization
China Reynolds' son, Auggie, could be waiting for the next 6 to 12 months in the hospital until a new heart is available.
A second resident of Washtenaw County is suspected to have measles, as health officials continue an investigation about potential cases and exposure sites.
Michigan takes on Howard at KeyBank Center in Buffalo at 7:10 p.m. Thursday.
Cunningham got hurt in Tuesday's win over Washington, leaving midway through the opening quarter with what the team called back spasms.
Michigan State faces North Dakota State at 4:05 p.m. at KeyBank Center in Buffalo.
Michigan celebrated its best women's basketball players for the first time this season, honoring Diane Dietz, Katelynn Flaherty Yates and Naz Hillmon by raising maize banners to the rafters at Crisler Center with their names and number in blue.
Wisconsin lawmakers are taking a shot at expanding sports betting in the state.
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.
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.
A group of Michigan Democrats asked for an investigation into the relationship between convicted sex offender Jeffrey Epstein and Interlochen Center for the Arts.
All-Star guard Cade Cunningham of the Eastern Conference-leading Detroit Pistons has a collapsed lung and is expected to miss at least two weeks and possibly more, the organization confirmed Thursday.
Michigan Science Center coaches CBS Detroit meteorologist Vytas Reid through an astronaut-themed task. The hands-on lesson ties in with the dedication of the science center's planetarium.
Ford Road in Canton Township is back open after a fiery crash on Wednesday. A woman is dead after a shooting in Sumpter Township. Those headlines, sports and weather are in our news brief.
Director of National Intelligence Tulsi Gabbard told the Senate Intelligence Committee that the Iranian regime "appears to be intact but largely degraded" by ongoing U.S. and Israeli strikes, laying out the intelligence community's assessment of the war at a hearing on Wednesday.