Stocks pare losses as Trump says U.S. will insure ships in the Persian Gulf
U.S. financial markets rebounded after shedding more than 1,200 points in earlier trading on Tuesday.
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U.S. financial markets rebounded after shedding more than 1,200 points in earlier trading on Tuesday.
Markets fall on Monday after President Trump threatened 14 U.S. trading partners with steep tariffs starting August 1.
Stocks tumbled Wednesday amid signs that tariffs are weighing on consumer spending and investor concerns about the U.S. fiscal outlook.
Stocks closed higher Monday as the U.S. and China moved to de-escalate their trade war, with investors eager for signs of a lasting agreement.
Stocks soared Thursday morning before leveling out midday, with talks of potential trade deals buoying investor confidence.
It was a roller-coaster day in stocks as panic selling subsided, while President Trump threatened to hit China with a 50% tariff.
Stocks continued to tumble in the U.S. Friday as financial markets suffered their biggest two-day drop since 2020.
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.
Stocks and cryptocurrency prices set to power higher after Donald Trump wins U.S. presidential election.
U.S. markets tumbled for a third consecutive trading day amid recession fears and tensions in the Middle East.
Robust corporate profits and steady U.S. economic growth are driving stocks to record highs.
Wall Street was betting on a red wave in the midterm elections Tuesday. But so far it appears that didn't happen.
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?
Abbott said cultural changes, like gay marriage, are also in the mix of things pushing people into a place where they're seeking the old-fashioned security of gold and silver.
The DOW Jones Industrial Index started Monday above 14,000 -- which marks the first time it's passed that threshold since before the 2008 financial crisis.
For the first time since May, 2008, the Dow Jones Industrial Average traded above the psychological milestone of 13,000.
Investors on Wall Street and around the world sold stocks with abandon Thursday, more convinced than ever that the United States and perhaps the globe are headed for a new recession.
The Memorial Day forecast currently looks favorable, with partly sunny skies and afternoon temperatures in the low to mid-70s.
Former Detroit Mayor Mike Duggan has decided to end his campaign for Michigan governor in the 2026 election cycle.
A Southeast Michigan man is under investigation for threats made against Fifth Third Field in Toledo, home of the Mud Hens.
The passenger whose flight plans to Detroit sparked a flight diversion has no symptoms of Ebola, the Public Health Agency of Canada said.
A bill that would ban anyone under age 16 from viewing, using or accessing social media in Michigan was introduced in the state legislature.
Former Detroit Mayor Mike Duggan has decided to end his campaign for Michigan governor in the 2026 election cycle.
Under current U.S. rules tied to the Ebola outbreak, passengers from the Democratic Republic of Congo may only enter the country through Washington Dulles International Airport, a restriction that triggered the diversion of Air France Flight 378 away from Detroit.
The passenger whose flight plans to Detroit sparked a flight diversion has no symptoms of Ebola, the Public Health Agency of Canada said.
Memorial Day weekend traffic is expected to be busy, but only just barely topping a previous national record for the holiday.
The Memorial Day forecast currently looks favorable, with partly sunny skies and afternoon temperatures in the low to mid-70s.
From classic cruisers to new memories still being made, the Woodward Dream Cruise remains a celebration of Michigan's automotive culture.
If you are planning a road trip for Memorial Day weekend, remember that the cost of gas this year is noticeably higher than last year.
Michigan is demanding repayment of $35 million from the American Center for Mobility, a key player in autonomous vehicle development.
A bipartisan bill introduced in Washington, D.C., by Michigan Congresswoman Debbie Dingell and Congressman John Moolenaar would prohibit the importation, manufacture or sale of Chinese cars in the United States.
Michigan's average diesel price on Sunday is $6 — the highest ever recorded by the American Automobile Association.
The Michigan woman who inspired the name of the rock band Greta Van Fleet has died.
Lee Mendelson Film Productions alleges the U.S. Department of the Interior illegally used the jazzy tunes in social media posts and a video game.
"The Late Show" host Stephen Colbert is marking the end of an iconic late-night franchise on CBS.
The three commemorative posters are designed by a featured artist representing one of the three distinct art fairs that come together as one.
The Library of Congress revealed this year's list of 25 recordings to be preserved for future generations on the National Recording Registry.
Under current U.S. rules tied to the Ebola outbreak, passengers from the Democratic Republic of Congo may only enter the country through Washington Dulles International Airport, a restriction that triggered the diversion of Air France Flight 378 away from Detroit.
Lee Mendelson Film Productions alleges the U.S. Department of the Interior illegally used the jazzy tunes in social media posts and a video game.
"The Late Show" host Stephen Colbert is marking the end of an iconic late-night franchise on CBS.
The new fund to provide payouts to those who say the legal system was "weaponized" against them raised immediate questions about its legality, implementation and enforcement.
Angel Martínez hit a tiebreaking triple in the 10th inning, José Ramírez followed with an RBI double and the Cleveland Guardians beat the slumping Detroit Tigers 3-2.
A bill that would ban anyone under age 16 from viewing, using or accessing social media in Michigan was introduced in the state legislature.
Under current U.S. rules tied to the Ebola outbreak, passengers from the Democratic Republic of Congo may only enter the country through Washington Dulles International Airport, a restriction that triggered the diversion of Air France Flight 378 away from Detroit.
Officials say 21 cases were reported in the state, with 29% of those cases among children.
Michigan has $176 million in opioid settlement funds sitting unused in local government accounts.
Two Michigan health systems and Detroit Public Schools are getting $86.4 million in grants from the Federal Emergency Management Agency for costs that were needed to respond to the COVID-19 pandemic, the agency said.
Angel Martínez hit a tiebreaking triple in the 10th inning, José Ramírez followed with an RBI double and the Cleveland Guardians beat the slumping Detroit Tigers 3-2.
Eastern Michigan University's Esports program is bringing back its summer camps for students, which run through August.
Tarik Skubal's multi-million dollar pitching arm feels better than it has all season.
José Ramírez homered and hit a two-run double on a 3-for-4 night, and the Cleveland Guardians beat the reeling Detroit Tigers 8-2.
Sunday's win at Aronimink Golf Club in Newtown Square, Pennsylvania, is only his second PGA tour victory, after winning the 2024 Wyndham Championship.
This week on Michigan Matters, the roundtable talks about the governor's race and the impact of former Detroit Mayor Mike Duggan.
The roundtable discusses the impact of rising gas prices and friction at the federal level with Canada and the U.S., and how it affects tourism.
Life Directions has been helping guide and mentor young people in Detroit.
Robert Costa, the award-winning national correspondent for CBS Sunday Morning and chief Washington analyst for CBS News, talks about Michigan's role in this critical midterm election.
Diallo Smith, CEO of Detroit nonprofit Life Remodeled, talks about its new opportunity hub on the east side of Detroit called Anchor Detroit.
Dry, mild, and sunny today, but those conditions won't last. NEXT Weather Meteorologist Karen Carter tells us when the next big change will come.
Former Detroit Mayor Mike Duggan has decided to end his campaign for Michigan governor in the 2026 election cycle. Duggan, a longtime Democrat, was running as an independent. He announced his decision on Thursday.
Police officers in Flat Rock, Michigan, delivered packages after an Amazon driver quit in the middle of her shift. Police say the driver was in a residential area, yelling on her cellphone and throwing packages into the street.
A brother and sister were kiilled amid a double shooting in Detroit. Memorial Day weekend travel begins with busy highways and busy airports. Those headlines and other top stories are in the CBS Detroit news brief.
The Transportation Security Administration expects to conduct 18 million passenger screenings during Memorial Day weekend. Here's how to make sure your security gate check goes smoothly.