Thursday 11 July 2013

Click On Detroit's Midday Market Report

Business Headlines

T-Mobile
CNNMoney

T-Mobile lets you upgrade phone twice a year

T-Mobile is making a bid to become the wireless world's "un-carrier," rolling out a plan that will let users update their phones up to twice a year for a modest fee.

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Filling up car with gas
Chris Stewart/CNN

Drivers, get ready for a gas price spike

Gas guzzlers, be warned: You're in for a whopper of a price jump at the pump.

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Oil pump
Tracy Sabo/CNN

The case for $70 oil

Oil prices may be surging above $100 a barrel now, but in the next few years they could be averaging closer to $70.

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For sale, housing
Molly Riley/Files/Reuters

Mortgage rates reach highest level in 2 years

The 30-year mortgage rate rose to its highest level in nearly two years, according to mortgage financing company Freddie Mac.

Rates climbed 0.22 percentage points to 4.51% for a 30-year, fixed-rate loan this week, the highest it has been since July 20...

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Tracking Dow, stock market
iStock

Stocks back at record highs

Hello again, all-time highs.

U.S. stocks opened in record territory Thursday, bouncing back from the previous day's pullback as investors welcomed comments from Federal Reserve chairman Ben Bernanke.

The Dow Jones industrial average rallied 144 points...

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Unemployment benefits
courtneyk/iStock

Jobless claims rise as 'July effect' hits

The number of Americans filing for first-time unemployment benefits rose to a two-month high last week, but economists were quick to brush off the rise as a result of volatile number-crunching, rather than a discouraging sign for the economy.

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Latest Video

Toddler buys car
KOIN

Toddler buys car on eBay

An Oregon toddler accidentally buys a 1962 Austin Healey car on eBay -- and her family decides to keep it.

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Ruth to the Rescue: Waterlogged car care

Several drivers were stuck on a flooded Southfield freeway Monday night, but what happens after their cars are pulled out of the water?

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Ruth to the Rescue: Waterlogged car care

Several drivers were stuck on a flooded Southfield freeway Monday night, but what happens after their cars are pulled out of the water?

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Extras

wedding
istock

How much do weddings really cost?

Summer is wedding season and everyone knows that weddings are expensive, but just how much can you expect your celebration to set you back? Use our calculator to find out what a wedding really costs, from music to photos.

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Advertisement


On Local 4 News

detroit money pic

How Detroit's money problems got so bad

Tonight at 11 p.m. - Local 4 Business Editor Rod Meloni analyzes how and where the city's downfall began.

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