Costco sells $100 million in gold bars amid inflation fears
Consumer's snapped up Costco's new gold bar offerings, contributing to the company's strong earnings last quarter.
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Consumer's snapped up Costco's new gold bar offerings, contributing to the company's strong earnings last quarter.
Inflation across the U.S. continues to fall but remains sticky, with the cost of rent, medicare care and used cars edging up last month.
Many feel worse off than their parents' generation as income isn't keeping up.
Red Lobster added all-you-can-eat shrimp to its menu. Then it realized how much Americans can eat.
About 60% of American workers say their income has lagged inflation over the past 12 months, survey shows.
Compared with 2021, the typical household must spend an additional $11,434 annually just to maintain their standard of living, analysis shows.
The Bay Area is the best performing region within the U.S. for middle- and working-class families, according to a new analysis.
Prices across the U.S. rose 3.2% compared with a year earlier, slightly below economists' forecasts.
From generous pay and benefits to stronger job security, the United Auto Workers union won significant concessions in tentative settlements that have ended their strikes against Detroit's automakers.
About two in three Americans say their household expenses have risen over the last year, but only about one in four say their income has increased in the same period.
If the United Auto Workers strike isn't settled soon, consumers will see higher prices for new cars — and not just the ones from Detroit.
The 2024 inflation adjustment won't be as large as last year's hike. That means some older Americans could lose ground.
Despite uptick in prices, Wall Street analysts still expect inflation to continue easing over the coming months.
The largest drop in pessimism about the economy since summer 2022 has come from Republicans.
Just five years ago, a price-conscious auto shopper in the United States could choose from among a dozen new small cars selling for under $20,000.
On the legislation's "birthday" lawmakers gathered in Lansing to celebrate the accomplishments they feel are due to this new law.
For the first time in the U.S., credit card debt has surpassed $1 trillion.
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 Consumer Price Index rose at an annual rate of 3%, the Labor Department said on Wednesday.
Cookout costs will vary, but Americans hitting the road are about to save $2.6 billion on gas this holiday weekend over last year.
A growing number of brides across the country are finding bliss in pre-loved wedding dresses.
In some areas inflation has fallen below 2%, while in other regions prices are still spiraling upward. Why?
Skyrocketing inflation is driving up the price of venues, catering and flowers — but there are ways to trim costs.
A former federal prosecutor says nothing is barring Attorney General Dana Nessell from conducting an independent investigation into Oxford High School Shooting.
Video captured when a truck drove off with the Plymouth-Canton Ballet Company's prop trailer.
The annual event, which will be held from 10 a.m. to 2 p.m. on Thursday, will offer turkeys, hams, pies, produce and more.
Over the last year, the number of school districts in Ohio that allow staff to be armed quadrupled, with 14% of the state's districts now participating.
Both players surprised fans at a Detroit youth center at The Yunion's annual turkey drive.
A former federal prosecutor says nothing is barring Attorney General Dana Nessell from conducting an independent investigation into Oxford High School Shooting.
Video captured when a truck drove off with the Plymouth-Canton Ballet Company's prop trailer.
The annual event, which will be held from 10 a.m. to 2 p.m. on Thursday, will offer turkeys, hams, pies, produce and more.
With the third anniversary of the Oxford High School shooting approaching, the parents of the victims are demanding a state-led independent investigation.
Over the last year, the number of school districts in Ohio that allow staff to be armed quadrupled, with 14% of the state's districts now participating.
On average, a 15-gallon tank of gas will cost Michiganders $46, which is $12 less than what they were paying from 2023's highest price in August.
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.
The much-hyped fight pitting the 58-year-old Tyson against Paul, 27, shattered records but was marred by tech glitches.
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.
Over the last year, the number of school districts in Ohio that allow staff to be armed quadrupled, with 14% of the state's districts now participating.
Spirit's bankruptcy filing will likely mean higher airfares across airlines as it trims schedule, according to experts.
Some Arab Americans are expressing concern over Donald Trump's picks for key positions in his next administration.
E. coli outbreaks in food are making headlines, prompting questions about how to stay safe from the bacteria that can cause sickness.
The much-hyped fight pitting the 58-year-old Tyson against Paul, 27, shattered records but was marred by tech glitches.
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.
Both players surprised fans at a Detroit youth center at The Yunion's annual turkey drive.
The Detroit Lions are on fire this season, and they are setting records along the way.
The Lions are off to their best start since 1934. As of Monday afternoon, BetMGM's Super Bowl 59 odds have Detroit at +310.
The Minnesota Frost take on the New York Sirens on Sunday, March 16 at 7:30 p.m. at Little Caesars Arena.
The much-hyped fight pitting the 58-year-old Tyson against Paul, 27, shattered records but was marred by tech glitches.
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.
Highland Park is updating residents on plans for new water meters. Council members on Monday passed a motion on three separate resolutions regarding the installation of those new meters.
Former federal prosecutor Rick Convertino says nothing is barring Michigan Attorney General Dana Nessel from conducting an independent investigation into Oxford High School Shooting.
A Michigan ballet company is asking for the public's help to save Christmas after a trailer with its "Nutcracker" props was stolen over the weekend. Video captured the moment a truck drove off with the Plymouth-Canton Ballet Company's prop trailer.
The Motor City Cruise will be hosting a coaches clinic on Saturday, Nov. 23. Associate head coach Marcus Stout joined CBS News Detroit to discuss the upcoming event.
Ford Motor Company is facing new fallout over multiple recalls. U.S. auto regulators announced two investigations days after fining the automaker $165 million. Paul Eisenstein, editor-in-chief of Headlight.News, joined CBS News to weigh in.