Store closures are surging in 2024. Here are the worst-hit retailers.
Due to bankruptcies and other problems, retailers plan to close almost 3,200 stores this year, up 24% from a year ago.
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Due to bankruptcies and other problems, retailers plan to close almost 3,200 stores this year, up 24% from a year ago.
The 2024 NFL Draft in downtown Detroit concluded on Saturday, and city officials anticipate the economic impact to be significant.
Jeep maker Stellantis is planning to lay off an unspecified number of workers at its U.S. factories in the coming months to deal with a rapidly changing global auto market, the company said Tuesday.
Workers at Mercedes-Benz factories near Tuscaloosa, Alabama, will vote next month on whether they want to be represented by the United Auto Workers union.
Wall Street is closely watching the jobs report and next week's inflation data to predict when the Fed might cut rates.
The annual income needed to afford even a basic home in the U.S. has risen sharply since the pandemic, a new report shows.
Workers at Volkswagen's factory in Chattanooga, Tennessee, will vote next month on whether they want to be represented by the United Auto Workers union.
Jeep maker Stellantis is laying off about 400 white-collar workers in the U.S. as it deals with the transition from combustion engines to electric vehicles.
Volkswagen's factory in Chattanooga, Tennessee, is likely to be the first test of the United Auto Workers' effort to organize nonunion automobile plants across the nation.
Economic issues hit Sesame Street, as Cookie Monster takes to social media to complain his favorite food is getting smaller.
The United Auto Workers says a majority of workers at a Mercedes plant near Tuscaloosa, Alabama, have signed cards in support of joining the union.
On Tuesday, business and civic leaders did a deep dive into that report at One Campus Martius.
Americans can expect ebbing inflation and a strong job market this year, according to the National Association for Business Economics.
U.S. Treasury Secretary Janet Yellen touted a strong economy and believes inflation is returning to normal levels while making several stops across Detroit on Wednesday, including NewLab at Michigan Central.
"Americans should feel confident that inflation will come down to levels that will no longer really be noticeable or worrisome to them," Yellen told CBS News.
Bartender Catey Regis's pricey misadventure of buying a used car recently speaks to why voters are worrying about the U.S. economy going into this year's presidential election.
Ford says it swung to a net loss in the fourth quarter.
Although U.S. unemployment remains near a 50-year low, job losses have surged this month. Here's what tells about the state of the labor market.
UPS will lay off 12,000 workers and says it is ordering employees to return to the office five days a week.
Workers in some jobs, including many who are self-employed, enjoyed double-digit wage gains last year. Here's who got the biggest pay bumps.
This year's robust stock market performance defied analysts' predictions as investors cheered prospects of lower interest rates and inflation.
The monthly report signals hiring remains stronger than many economists had forecast, while the jobless rate dipped to 3.7%.
More than 1,000 workers at Volkswagen's Tennessee factory have signed cards authorizing a vote to be represented by the United Auto Workers union.
Ford Motor Co. says a six-week strike by the United Auto Workers union cut sales by about 100,000 vehicles and cost the company $1.7 billion in lost profits this year.
Holiday online shopping off to a strong start as retailers roll out larger discounts to tempt cash-strapped consumers.
Clifton R. Wharton Jr., former Michigan State University president and pioneer, is dead at the age of 98, the school said.
Pawsitive Stretch in Farmington Hills holds puppy yoga sessions in an effort to find young dogs their forever home.
Bluesky reported one million new users after President-elect Trump tapped X owner Musk for his next administration.
Grimmway Farms, which made and packaged the organic carrots, issued the recall on Saturday after nearly 40 cases were recorded in 18 states.
Dr. Deborah Birx, former White House Coronavirus response coordinator, said Sunday she is "excited" for the data on key health issues that will surface in Senate confirmation hearings for Robert F. Kennedy, Jr.
Jared Goff threw two of his four touchdown passes to Amon-Ra St. Brown and the Detroit Lions routed the Jacksonville Jaguars 52-6 on Sunday.
A 43-year-old woman is dead after being hit by three vehicles in Monroe County late Saturday, and authorities are looking for the first driver that hit her, the Monroe County Sheriff's Office says.
General Motors announced Friday it was laying off nearly 1,000 salaried workers worldwide.
Family and friends remembered the life of 7-year-old Jerome Coleman Jr. Saturday, one week after the fatal crash involving an alleged drunk driver.
Clifton R. Wharton Jr., former Michigan State University president and pioneer, is dead at the age of 98, the school said.
General Motors announced Friday it was laying off nearly 1,000 salaried workers worldwide.
General Motors is laying off about 1,000 workers worldwide, shedding costs as it tries to compete in a crowded global automobile market.
Ford Motor Co. will pay a penalty of up to $165 million to the U.S. government for moving too slowly on a recall and failing to give accurate recall information.
Earlier this week, the automaker announced that it was indefinitely laying off 1,100 union-backed workers at its Toledo South Assembly Plant.
Stellantis, which owns brands like Chrysler, Dodge, Fiat, Jeep and Ram, says the job cuts are effective Jan. 5, 2025.
With the release of part one of her new memoir, Cher talks about her relationship - on stage and off - with Sonny Bono, and why their TV partnership survived beyond their marriage.
Betty White will be honored with a stamp in 2025, the U.S. Postal Service announced on Friday.
Tickets go on sale Friday, November 22 at 10 a.m.
"America demanded it and now it's happening: Taco Bell's new Cheesy Chalupa Supreme. In other news, I'm hosting the Oscars," Conan O'Brien said.
The 65-year-old actor and stand-up comedian, best known for portraying Joey Gladstone on "Full House," said he first noticed symptoms in October.
Grimmway Farms, which made and packaged the organic carrots, issued the recall on Saturday after nearly 40 cases were recorded in 18 states.
Video showed nearly a dozen people wearing black pants, shirts and head coverings and red masks covering their mouths marching down the street. Three of the people were carrying black flags with red swastikas.
Mr. Biden has made addressing climate change a key part of his policy agenda.
Bela Karolyi and his wife Martha defected to the U.S. in 1981, and over the next 30-plus years, became a guiding force in American gymnastics, though not without controversy.
The U.S. Centers for Disease Control and Prevention has said slivered onions on the McDonald's Quarter Pounders were the likely source of the E. coli.
In September, nurses submitted cards of interest to the National Labor Relations Board, which then approved the right to hold a formal vote
The FDA's Dr. Peter Marks says he hopes to keep his job under a second Trump term, and urges Robert F. Kennedy Jr. to "keep an open mind."
U.S. Consumer Product Safety Commission issues urgent safety alert after ninth recall of adult bed rails in three years.
The DOJ has notified the Michigan Department of Health and Human Services and the Michigan State Attorney General's Office of the investigation.
Overdose deaths have slowed 18% since a peak last year, the CDC estimates.
Dylan Larkin scored the only goal for the Detroit Red Wings in Saturday's 4-1 loss to the Los Angeles Kings.
The Detroit Lions (9-1) easily dispatched the Jacksonville Jaguars 52-6 on Sunday, marking their eighth straight win.
Bela Karolyi and his wife Martha defected to the U.S. in 1981, and over the next 30-plus years, became a guiding force in American gymnastics, though not without controversy.
The Michigan State Spartans have now lost six of seven games following Saturday's 38-16 loss to Illinois.
Malik Beasley scored seven of his 20 points in the fourth quarter, Cade Cunningham had 15 points and 10 assists and the Detroit Pistons beat the struggling Toronto Raptors 99-95.
How did the Democrats lose so many races at once?
In Michigan, the Democrats have control of the governor's mansion and both state houses.
In Michigan, the Democrats now have control of the governor's mansion and both state houses.
Both party chairs also talked about the ground game as each looks for independent voters and those who haven't voted in a while they hope to inspire to show up on Nov. 5.
Trump and Harris and their anointed representatives continue to make campaign stops in Detroit, Grand Rapids, Flint and other places in Michigan, a critical battleground state.
A mild start to the work week
Pawsitive Stretch in Farmington Hills holds lively puppy yoga sessions in an effort to find young dogs their forever home.
A 43-year-old woman is dead after being hit by three vehicles in Monroe County late Saturday, and authorities are looking for the first driver that hit her, the Monroe County Sheriff's Office says.
The NFC-leading Detroit Lions easily dispatched the Jacksonville Jaguars Sunday, marking the team’s eighth straight win.
Leader Dogs for the Blind is seeking some dog lovers to help socialize and teach obedience skills to 70 new puppies.