![gettyimages-730679421.jpg](https://assets2.cbsnewsstatic.com/hub/i/r/2017/11/30/4ef7351a-e7ff-40f2-990a-084e4b49bf56/thumbnail/640x360/40be58916377aa9365d16474f2fd1f21/gettyimages-730679421.jpg?v=5710b2ed1cee1bdfd30cb9c02455b43d#)
Dow hits 40,000 for the first time as bull market accelerates
Robust corporate profits and steady U.S. economic growth are driving stocks to record highs.
Watch CBS News
Robust corporate profits and steady U.S. economic growth are driving stocks to record highs.
Consumer's snapped up Costco's new gold bar offerings, contributing to the company's strong earnings last quarter.
Stocks closed higher on Wall Street, marking the market's third winning week in the last four.
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.
Recession worries continue to haunt Wall Street. A key indicator in the bond market is flashing signs of a potential downturn.
Does the huge drop in the Dow Jones and other indices mark the end of a historic run that dates back to the pandemic's early days?
The stock market has enjoyed unprecedented gains during the pandemic, with the strange, meteoric rise of GameStop among the highlights.
The stock market has enjoyed a historic rise, despite the pandemic and political upheaval, and looks poised to continue growing through 2021 and beyond.
The Dow Jones crossed the 30,000 threshold for the first time ever Tuesday, fueled by news that suggests a more stable economy in the near future.
Today's stock market gains come despite all the election uncertainty, but may suggest optimism for a second stimulus package down the line.
In an economy beset by pandemic-induced hardship, why is Wall Street thriving while Main Street is struggling?
The stock market reacted positively to the recent record unemployment numbers, which suggests a strong economic comeback, but be wary.
The stock market had a miserable 2018, but some companies bucked the trend to post an exceptionally good year.
General Motors, trying to clear the stigma of being partly owned by the U.S. government, will spend $5.5 billion to buy back 200 million shares of its stock from the treasury.
Companies all across the United States, especially here in Michigan, have a lot riding on what happens in Europe.
For the first time since May, 2008, the Dow Jones Industrial Average traded above the psychological milestone of 13,000.
Murray Feldman says investors fled some Michigan companies in droves sending stock prices plummeting.
Move over Miss Cleo! If you're worried about the stock market, fear not! A financial astrologer peeks into his crystal ball to give us his reading.
Wall Street's rocky ride has Detroit Mayor Dave Bing looking at his city's long-term financial picture.
The uncertainty in the financial markets and the financial world is raising a lot of concern, not just about investments, but also about perception of the U.S. and who is to blame for what's happening on Wall Street.
If the stock market is making your knees weak, or if news about the European Union is making you lose sleep, knowledge and professional guidance could be the key to maintaining your peace of mind and your wealth in 2012.
What to know as banks, airlines and other Microsoft clients grapple with global outages due to a CrowdStrike software issue.
Biden campaign manager Jen O'Malley Dillon denied reports the president is considering leaving 2024 presidential race against Trump.
Officials say an SUV traveling at a high rate of speed eastbound on Michigan Avenue failed to stop at a red light at the intersection of Nowlin Street and struck a Ford F-150.
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.
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.
Biden campaign manager Jen O'Malley Dillon denied reports the president is considering leaving 2024 presidential race against Trump.
What to know as banks, airlines and other Microsoft clients grapple with global outages due to a CrowdStrike software issue.
Officials say an SUV traveling at a high rate of speed eastbound on Michigan Avenue failed to stop at a red light at the intersection of Nowlin Street and struck a Ford F-150.
The House Oversight Committee refused to push back the date of U.S. Secret Service Director Kimberly Cheatle's testimony.
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.
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.
Customers expecting deliveries on Friday could face a wait following a software outage that's impacting flights across the globe.
More than 1,000 flights had been canceled in the U.S. as of Friday morning, and airlines are warning of disruptions throughout the day.
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."
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.
Argentina won its second straight Copa America championship, overcoming Lionel Messi's second-half leg injury to beat Colombia 1-0 on Lautaro Martínez's 112th-minute goal.
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.
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.
A group of Northville residents has filed a lawsuit alleging that the demolition of Northville Downs has caused "irreparable harm to the neighbors."
A jury Thursday acquitted Michael Jackson-Bolanos of first-degree murder in the October 2023 death of Detroit synagogue leader Samantha Woll, but was deadlocked on charges of felony murder and home invasion. It reached a guilty verdict on a charge of lying to police.