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Inflation slowed in October, gauge closely tracked by Fed shows
Inflation dropped to still-high 6%, likely bolstering Fed's resolve to keep raising interest rates well into 2023.
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Inflation dropped to still-high 6%, likely bolstering Fed's resolve to keep raising interest rates well into 2023.
Families hitting the road for Thanksgiving have another reason to be thankful. Gas prices have been falling, and experts predict they will keep falling as the holiday approaches.
AAA puts the nation's average gas price at $3.78 per gallon. Here in Michigan, AAA said the average price per gallon is $4.13.
Gas prices in Michigan and metro Detroit saw another significant drop over the past week, according to AAA Michigan.
Gas prices continue to soar in the state of Michigan with an average right now of $4.35 a gallon.
As families pack up for their last road trip of the season, AAA Michigan says the demand for gasoline is expected to rise, and so are the prices.
Michigan Attorney General Dana Nessel released a new video sharing information with consumers regarding price gouging at the pump.
According to AAA, the average price in metro Detroit is $2.83, the highest recorded price for unleaded gasoline in two years.
AAA Michigan says average gas prices statewide are up about 12 cents from a week ago to about $2.71 per gallon.
A top lawmaker says Gov. Gretchen Whitmer's proposed 45-cents-a-gallon fuel tax increase is a "nonstarter" for Republicans.
A record number of Michiganders and Americans in general are expected to hit the road or the skies this holiday season.
In the span of mere weeks, crude prices went from a four-year high to a full-blown bear market.
AAA Michigan says average gas prices statewide have risen about 9 cents in the past week.
It's the second consecutive week of increases in Michigan.
The Detroit-area's average rose about 1 cent from a week ago to $2.39 per gallon.
AAA Michigan reports gas prices dropped six cents over the past week for a statewide average of $2.29 per gallon. Some prices in Metro Detroit are as low as $2.10.
The price of gas is up from this time last year -- about 37 cents a gallon.
It's a one-two punch of annual summer blend gas -- more expensive but burns cleaner -- and an expected production cut by OPEC members.
Prices statewide have dropped about 7 cents per gallon this past week.
AAA says the lowest average price was about $2.20 per gallon in the Benton Harbor area, where it is down 1 cent from a week ago.
You may want to fill the tank now.
The lowest average price was about $2 per gallon in the Benton Harbor area, while the highest average was about $2.14 per gallon in the Marquette area.
Lower driving demand and greater supplies have been driving down the price at the pump across metro Detroit.
Gas prices statewide have risen by about 10 cents per gallon in the past week according to AAA Michigan.
AAA Michigan surveys daily fuel prices at 2,800 gas stations across the state.
Investigators remain puzzled about possible motives for Saturday's incident in Butler, Pennsylvania, finding little to point to political or ideological intentions for the attack.
Donald Trump made a pitch for votes from autoworkers in key swing states during his acceptance speech for the Republican presidential nomination.
Phone and online chat services are back online after being disrupted at Michigan's Unemployment Insurance Agency.
Detroit City FC heads out on the road this week to face off against North Carolina FC on Friday night.
Passengers at Detroit Metro Airport dealt with flight delays and cancellations following the global tech outage on Friday.
Investigators remain puzzled about possible motives for Saturday's incident in Butler, Pennsylvania, finding little to point to political or ideological intentions for the attack.
A global Microsoft outage that has caused disruptions to airlines, banks, health systems and television networks has impacted flights at Detroit Metro Airport, caused traffic delays at the Detroit-Windsor border and affected computers at some Michigan health systems.
Detroit City FC heads out on the road this week to face off against North Carolina FC on Friday night.
Donald Trump made a pitch for votes from autoworkers in key swing states during his acceptance speech for the Republican presidential nomination.
Phone and online chat services are back online after being disrupted at Michigan's Unemployment Insurance Agency.
Ford will make its F-Series Super Duty pickups at a plant in Ontario, Canada beginning in 2026 in order to keep up with customer demand for the vehicle.
The Biden administration is awarding $1.7 billion to 11 "shuttered or at-risk" facilities in Michigan, Ohio, Pennsylvania, Georgia, Illinois, Indiana, Maryland and Virginia, to bolster electric vehicle production.
Throughout the next year, dozens of new zero-emission buses will be hitting the pavement in the city of Detroit, all thanks to a $30.8 million federal grant.
The company said the temporary layoffs will impact about 1,600 workers for the month of July.
American automakers are pushing back against a federal safety ruling that involves automatic emergency braking technology in new cars.
Bob Newhart, who starred in the long-running sitcoms "The Bob Newhart Show" and "Newhart," has died at age 94.
Nominations for the 76th annual Emmy Awards were announced Wednesday, with "Shōgun," "The Bear," "Hacks," "Only Murders in the Building" and "Baby Reindeer" all earning multiple major nods. See the full list of nominees for the 2024 ceremony here.
"Big Brother" announced Tuesday the 16 new Houseguests who will move into the "Big Brother" house and, for the first time ever, have the power to vote in a 17th houseguest.
After many people criticized Andress' rendition of the National Anthem online, comparing her with Fergie, the singer says she's going to rehab.
Shannen Doherty had been battling cancer since 2015.
Donald Trump made a pitch for votes from autoworkers in key swing states during his acceptance speech for the Republican presidential nomination.
Biden campaign manager Jen O'Malley Dillon denied reports the president is considering leaving 2024 presidential race against Trump.
The House Oversight Committee refused to push back the date of U.S. Secret Service Director Kimberly Cheatle's testimony.
These five tips from CBS News Confirmed will help you determine what to trust.
More than two dozen House Democrats and three senators have now called on President Biden to end his reelection bid.
The now-recalled Diamond Shruumz gummies had been sold legally, but testing found they contained an illegal controlled substance.
Citing suspected links to a listeria outbreak, Canada's health agency has issued a recall notice for 18 plant-based drinks sold under the Silk and Great Value brands.
The study showed that inulin administered as gel-based immunotherapy prevented allergic reactions in mice for common peanut, egg white and milk allergies.
Nearly 7,000 pounds of hot dogs were produced and distributed without being inspected, federal government says.
At least 36 have been hospitalized after eating the mushroom "edibles."
Detroit City FC heads out on the road this week to face off against North Carolina FC on Friday night.
Three former Detroit Tigers and a Detroit Lions all-time great join a pair of University of Michigan legends on the list.
Joe "Jellybean" Bryant, a former Philadelphia 76ers and La Salle University basketball great and the father of the late, NBA legend Kobe Bryant, has died. He was 69.
The Detroit Lions will induct Hall of Fame wide receiver Calvin Johnson into the Pride of the Lions during the 2024 season.
Paris 2024 Summer Games organizers hope Olympic flame's glitzy arrival in the City of Light can help cast off shadow of low local enthusiasm.
Gardner-White is a 112-year-old family-owned furniture retailer, and Stewart is the first female to serve as CEO of the company.
It's a focus on our physical well-being as we talk about the importance of oral health and its impact, particularly among children.
U.S. Energy Secretary Jennifer Granholm and U.S. Transportation Secretary Pete Buttigieg appear on CBS Detroit's Michigan Matters this Sunday.
The University of Michigan's Ross School of Business is celebrating its 100th anniversary this year.
The three top elected county leaders essentially run the Metro Detroit region.
Phone and online chat services are back online after being disrupted at Michigan's Unemployment Insurance Agency.
Passengers at Detroit Metro Airport dealt with flight delays and cancellations following the global tech outage on Friday.
Mostly sunny and seasonably cool conditions prevail today.
Cybersecurity expert David Derigiotis discusses the global outage linked to a technical problem by CrowdStrick, one of the largest cybersecurity firms in the world.
Earlier this week, U.S. Sen. Gary Peters of Michigan pledged to hold a bipartisan investigation into last week's assassination attempt of former President Donald Trump. Peters joined CBS News Detroit to talk about the investigation.