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.
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.
The Full Pink Moon may be difficult to see tonight. But drier conditions, less wind, and cooler temperatures move in for Wednesday.
The NFL draft has taken the show on the road for a decade, giving cities around the country a chance to be in the spotlight.
Employees of the company tasked with rapidly personalizing jerseys for each first-round NFL draft pick as they are announced don't need to travel very far for this year's player selections in Detroit.
Jurors in former President Donald Trump's trial in New York heard testimony from a former media executive about his efforts to bury negative stories about Trump before the 2016 presidential election.
Two magnet schools in Metro Detroit have ranked among the top 20 best high schools in the country.
Marshella Chidester, 66, is suspected to have been driving drunk when she allegedly crashed into a building at the Swan Boat Club property, killing two children.
The Full Pink Moon may be difficult to see tonight. But drier conditions, less wind, and cooler temperatures move in for Wednesday.
The mother of two young siblings who were killed after a vehicle crashed into a Michigan boat club during a birthday party is suing the suspect, who is accused of drunk driving.
The NFL draft has taken the show on the road for a decade, giving cities around the country a chance to be in the spotlight.
Employees of the company tasked with rapidly personalizing jerseys for each first-round NFL draft pick as they are announced don't need to travel very far for this year's player selections in Detroit.
Despite a small dip in U.S. vehicle sales, General Motors' first-quarter net income rose more than 25% on strong deliveries of pickup trucks and other higher-profit vehicles.
Workers at Mercedes-Benz factories near Tuscaloosa, Alabama, will vote next month on whether they want to be represented by the United Auto Workers union.
After leading the United Auto Workers on its historic strike against the Detroit Three automakers, Shawn Fain has been named on Time's list of the most influential people of 2024.
General Motors and real estate firm Bedrock announced Monday the automaker's headquarters will move to the Hudson's Detroit development in downtown Detroit from the Renaissance Center.
With U.S. electric vehicle sales starting to slow, Ford Motor Co. says it will delay rolling out new electric pickup trucks and a new large electric SUV as it adds gas-electric hybrids to its model lineup.
Mary J. Blige, Cher, Foreigner, A Tribe Called Quest, Kool & The Gang, Ozzy Osbourne, Dave Matthews Band and Peter Frampton have been named to the Rock & Roll Hall of Fame.
"Ultimately we think this is a better approach that reflects the evolution of the business," Netflix Co-CEO Greg Peters said on an earnings call.
Anticipation was growing at a fever pitch before Taylor Swift's latest album, "The Tortured Poets Department," dropped at midnight EDT. But it turned out it's actually a double album.
Guitar legend Dickey Betts, who co-founded the Allman Brothers Band and wrote their biggest hit, "Ramblin' Man," has died.
Charli XCX and Troye Sivan are teaming up to co-headline an arena tour across North America, which will kick off here in Detroit.
Jurors in former President Donald Trump's trial in New York heard testimony from a former media executive about his efforts to bury negative stories about Trump before the 2016 presidential election.
Regulators prohibit new noncompetes, which impede millions of U.S. workers from getting a better job.
Over 100 victims of Larry Nassar, who was convicted of sexual abuse and child pornography, will receive a settlement from the Justice Department.
Customers who rely on government assistance programs can get same perks as Prime members, for less.
UnitedHealth said it paid the criminals behind attack that crippled hospitals and pharmacies to protect sensitive patient data.
UnitedHealth said it paid the criminals behind attack that crippled hospitals and pharmacies to protect sensitive patient data.
The Michigan Legislature is considering two bills that could make getting access to hormonal birth control a little easier.
Health officials are warning consumers not to consume Infinite Herbs basil sold at some Trader Joe's and Dierberg's stores after 12 people were sickened.
Organic option is best when buying certain produce, especially blueberries, nonprofit group says in analysis of chemical residues.
MDARD officials say the virus, which was first detected in Michigan in 2022, was found in Newaygo County, making it the seventh flock in the state in the last two years.
The NFL draft has taken the show on the road for a decade, giving cities around the country a chance to be in the spotlight.
Employees of the company tasked with rapidly personalizing jerseys for each first-round NFL draft pick as they are announced don't need to travel very far for this year's player selections in Detroit.
Over the next 72 hours, the NFL is unpacking and installing all the equipment fans will enjoy when the gates open at noon on Thursday..
Gov. Gretchen Whitmer has proclaimed April 22 to 28 as NFL Draft week in Michigan.
Teams from across the Motor City and beyond took to the pool lanes of the WSU natatorium.
The Motor City is putting the final touches in place for the 2024 NFL Draft as it rolls into Detroit next week.
Michael Bickers, Regional President of PNC Southeast Michigan/Detroit, and Eric Poe, CEO of CURE Auto Insurance, appeared on CBS Detroit's Michigan Matters.
Businesses across Michigan are feeling optimistic about the future after weathering the historic 100-year health pandemic that impacted every company in one way or another.
Three leaders talked about how the region is doing to help people deal with mental health issues.
The issue of abortion and IVF was also discussed during the roundtable, along with thoughts on how they might sway voters this fall.
Marshella Chidester, 66, is suspected to have been driving drunk when she allegedly crashed into a building at the Swan Boat Club property, killing two children.
The Better Business Bureau has tips on protecting yourself from scams through digital spring cleaning.
Katrina Kelly Wicker shares what you need to know about volunteering at the 2024 Rocket Mortgage Classic in Detroit.
Teach for America is connecting teachers with students in Detroit.
The Sports, Tech and Venture Summit in Detroit is April 23-26 and features some of Michigan’s most innovative leaders for an electrifying experience at TechTown Detroit, Wayne State University's entrepreneurship hub and NewLab at Michigan Central Station.