Margarine and butter prices are surging. Here's why.
Although U.S. inflation has cooled from its peak this summer, some food costs remain unusually high.
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Although U.S. inflation has cooled from its peak this summer, some food costs remain unusually high.
Egg costs are soaring as Americans' eating habits change and as a deadly disease wipes out millions of birds.
Prices reflected the smallest annual increase since October 2021 amid lower costs for gasoline and energy services.
Some people in the market to buy a house said that even though the interest rates are more than double, they would prefer to buy right now as opposed to when the interest rates are low because it was such a buying frenzy.
In the mid-1970s inflation was so high, the president referred to it as "public enemy #1" – and turned to Madison Avenue to come up with an ad campaign and rallying cry, "Whip Inflation Now."
The job market remains strong — a good sign for workers but a blow to the Fed's efforts to cool inflation.
Should Fed's rate hikes cause a recession, a jump in layoffs and unemployment claims would be an early sign.
Almost 4 in 10 of consumers who went into debt expect it will take at least five months to pay off their bills.
The minimum salary people want has risen to 8-year high, reflecting a hot job market and high cost of living, a survey says.
Seniors and other recipients are getting the biggest bump since 1981. But tax and Medicare issues may complicate things.
Rates are at their highest level in 15 years as policymakers try to tamp down inflation without torpedoing the economy.
Punishing inflation is forcing many people to economize this holiday season, while some are skipping gifts altogether.
Price increases are slowing but have a long way to go before hitting the Federal Reserve's 2% target.
Sharp drop in average gas prices signals that this year's breakneck pace of inflation is cooling.
Inflation dropped to still-high 6%, likely bolstering Fed's resolve to keep raising interest rates well into 2023.
Rising inflation could cause tighter budgets for some families as others may wonder how generous they can be.
It's estimated more gift buyers are likely to shop on Small Business Saturday than Black Friday this year.
Thanksgiving dinner will cost a whopping 20% more than it did last year, according to a new survey released Wednesday by the American Farm Bureau Federation.
You might have found the perfect house, but between the price and the interest rate, you're not sure if you should buy.
It's never a great time to carry credit card debt. But right now is arguably the worst time.
Inflation? High gas prices? American gamblers are shrugging them off — and losing money at casinos at a record pace.
Stocks rose in afternoon trading on Wall Street Tuesday as Americans head to the polls to vote in midterm elections that are being heavily influenced by inflation and the threat of a recession.
A measure of inflation that is closely monitored by the Federal Reserve remained painfully high last month, the latest sign that prices for most goods and services in the United States are still rising steadily.
With cost of groceries not slowing down, businesses like Detroit Cookie Co. continue fighting off food inflation.
Every time Amy Johnson turns on the water, she is thinking about her water bill. It's $13,000. How is that even possible?
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.
Rain/Snow mix for Thursday.
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.