Poverty in America soared last year, especially among kids
Incomes fell in 2022 and more people fell into poverty after the end of pandemic benefits like stimulus checks.
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Incomes fell in 2022 and more people fell into poverty after the end of pandemic benefits like stimulus checks.
Interest rates for a home loan are continuing to soar, driving many aspiring property owners out of the market.
The largest drop in pessimism about the economy since summer 2022 has come from Republicans.
Though far from its recent peak of 9.1% in June 2022, the figure remains higher than the Federal Reserve's goal of 2%.
Consumer sentiment tracked by the University of Michigan rose 11% in July from the prior month, reaching its highest level since October 2021, according to a final reading of the month's data.
Although inflation has slowed sharply, Fed officials are again tapping the brakes to ensure the economy slows.
The average price for a Big Mac in the U.S. is $5.35. At the location in Darien, Connecticut, some combo meals top $21.
The Durfee Innovation Society and the group, Life Remodeled, have taken over the site of a former school and filled each classroom with resources and opportunities.
Cookout costs will vary, but Americans hitting the road are about to save $2.6 billion on gas this holiday weekend over last year.
After 10 straight interest-rate hikes, borrowers face sharply higher costs for credit cards, mortgages and other loans.
The financial health of some groups has deteriorated sharply compared with a year ago due to rising inflation and higher bills.
The Saudi cut of 1 million barrels per day comes as the other OPEC+ producers agreed to extend earlier production cuts through next year.
Millions of Social Security recipients "need to be very careful" about spending because payments could be delayed, one expert said.
"No one should assume that the Fed can… really protect the economy and the financial system, and our reputation globally, from the damage such an event might inflict," Federal Reserve Chairman Jerome Powell said.
Central bank officials will announce on Wednesday if they are hiking the federal funds rate for a 10th consecutive time.
The regional lender, whose collapse is the second-biggest bank failure in U.S. history, is the third bank to be seized by regulators since March.
More than 4,000 students visited the state's largest construction career fair.
The economy grew at a tepid 1.1% rate, showing that the Fed's interest rate hikes are taking effect.
Mired in a prolonged sales slump, the retail chain has struggled to attract customers both in stores and online.
CEO Jonah Peretti wrote in a memo that "the company can no longer continue to fund BuzzFeed News as a standalone organization."
Wedding dress retailer cites "post-COVID environment and uncertain economic conditions," saying it's looking for a buyer.
Majority of respondents remain pessimistic about the economy as a whole, according to Primerica survey.
Are robot waiters the future?
Inflation's still high, but analysts warn that further rate hikes from the Fed could lead more more banks to topple.
The government said Wednesday that retail sales slipped 0.4% after jumping a revised 3.2% in January, helped by an increase in auto sales.
Detroit Lions linebacker Alex Anzalone has broken his left forearm and is expected to miss six to eight weeks, another blow to a defense that has been hit hard by injuries.
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.
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.
Detroit Lions linebacker Alex Anzalone has broken his left forearm and is expected to miss six to eight weeks, another blow to a defense that has been hit hard by injuries.
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.
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.