Stocks slump Monday after Trump threatens new tariffs on certain countries
Markets fall on Monday after President Trump threatened 14 U.S. trading partners with steep tariffs starting August 1.
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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.
A Detroit teenager wanted for shoplifting nearly 100 times at Walmart stores across the country was arrested in the Pittsburgh area, authorities announced on Friday.
Detroit Police Chief Todd Bettison says he will concur with a 30-day suspension of two officers and no longer pursue their terminations.
Final repair steps have taken place after vandals damaged historic stained glass windows at Meadow Brook Hall in Rochester.
"I guess I can say I am considering that," President Trump told reporters when asked about the possibility of a limited strike on Iran.
The Justice Department's civil antitrust enforcement action against OhioHealth comes a week after DOJ's antitrust chief, Gail Slater, was fired from her post.
Detroit Police Chief Todd Bettison says he will concur with a 30-day suspension of two officers and no longer pursue their terminations.
Detroit police say a "person of interest" is in custody as the Homicide Task Force continues investigating three bodies found in a Detroit home.
Dr. Devon Hoover was found dead in the attic of his home in Detroit's Boston-Edison neighborhood in April 2023.
The Supreme Court on Friday ruled President Trump does not have the authority to unilaterally impose sweeping tariffs.
Southwest winds of 15 to 25 mph, gusting up to 45 mph, are in Metro Detroit's forecast for Friday, Feb. 20.
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.
In April 2025, Eric Dane announced he had been diagnosed with amyotrophic lateral sclerosis, or ALS.
Warner Bros. Discovery said that Paramount Skydance is considering enhancing its buyout offer for the entertainment company.
Robert Duvall was in such classics as "The Godfather," "To Kill a Mockingbird," "M*A*S*H," "The Great Santini" and "Tender Mercies."
"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 Justice Department's civil antitrust enforcement action against OhioHealth comes a week after DOJ's antitrust chief, Gail Slater, was fired from her post.
Businesses could be owed nearly $150 billion in refunds after the Supreme Court struck down tariffs imposed under the International Emergency Economic Powers Act.
The Supreme Court on Friday ruled President Trump does not have the authority to unilaterally impose sweeping tariffs under a federal emergency powers law.
The median property tax bill in the U.S. soared 30% between 2019 and 2024, compounding the financial pressures on millions of Americans.
Democratic Reps. Robert Garcia and Rashida Tlaib are putting pressure on Ambassador Bridge owner Matthew Moroun after Moroun reportedly met with Commerce Secretary Howard Lutnick.
Michigan lawmakers required schools to adopt a cardiac emergency response plan for the current school year if the Legislature appropriated "sufficient funds," but funding wasn't dedicated in the education budget.
What started as food poisoning for a young boy in Clinton Township turned into years of organ failure.
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.
Team USA won the gold medal in dramatic fashion on Thursday, and it was Megan Keller who became the women's hockey hero at the 2026 Olympics.
This was the seventh gold medal match — and fifth in a row — between the two hockey powerhouses.
The Detroit Tigers have unveiled alternate uniform styles ahead of the 2026 Major League Baseball season.
The U.S. and Canada men's hockey teams are moving on to the semifinals at the Winter Olympics.
The Michigan native will stay on the team until a successor is hired, the team says.
Claressa Shields talks about giving back to the community and her efforts to increase equity for women in sports.
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.
Desmond Burks, 35, of Detroit, was sentenced on Friday to 35 to 60 years in prison, as expected, in the April 2023 murder of prominent Detroit neurosurgeon Dr. Devon Hoover.
The Supreme Court on Friday ruled President Trump does not have the authority to unilaterally impose sweeping tariffs on nearly every country under a federal emergency powers law, delivering a significant blow to the president's signature economic policy.
Echelon Kitchen and Bar in Ann Arbor is a semifinalist for a James Beard Award .
Hazel Park's Bar Gabi is serving up unique Romanian flavors in Metro Detroit.
The man who heroically jumped into Lake Michigan to save an 8-month-old baby in a stroller who had been blown into Chicago's Belmont Harbor doesn't know how to swim.