Detroit bankruptcy judge brought the idea of a regional water authority back to life,ordering the city and three counties to mediate over the issue.» Read More
Sen. Chuck Grassley says IRS officials targeted political candidates for audits, and a major player in the Mexican drug trade has been caught. CNBC's Josh Lipton has tonight's headlines; and Retired General and former drug czar Barry McCaffrey, weighs in.
Detroit is $19 billion in debt, and in danger of becoming the country's municipal bankruptcy. What this means for the municipal bond market, with Steve Malanga, Manhattan Institute senior fellow; and Doc Thompson, The Blaze Radio.
Chairman of the Detroit Blight Authority, Bill Pulte is looking to get rid of the dangerous homes in the depressed city of Detroit. He is working to stabilize the city and help fix the suffering public safety issues by decreasing the number of abandon buildings.
Michael Ward, auto analyst at Sterne Agee, discusses the US auto industry "steady recovery", why the Detroit 3 are the biggest beneficiaries and why Japanese brands should continue to hold up.
Lurching toward a possible bankruptcy filing, Detroit has become distraught at talk of selling municipal treasures, such as a classic car collection, to help pay off debts.
Discussing the state of Detroit's economy, with CNBC Contributor Keith Boykin; Heather Higgins, Independent Women's Voice; and Doug Holtz-Eakin, American Action Forum.
Detroit said it would stop making some debt payments and asked creditors to accept pennies on the dollar to help it avoid the largest municipal bankruptcy filing in US history.
James Hohman of the Mackinac Center for Public Policy discusses how the city might deal with its unfunded health care and pension obligations.
The city of Detroit is defaulting on $2.5 billion in debt. It's part of the city's attempt to reinvent itself and get on solid financial footing. It will impact retirees and current city workers, reports CNBC's Mary Thompson.
The Treasury Department says it will begin another round of sales of the General Motors stock it acquired during the government's bailout of the auto industry.
Itay Michaeli, auto analyst at Citi, says May should be a "pretty good month" for truck sales which should benefit Detroit makers and says there is "so much pent up demand left".
There's a lot on the agenda as Detroit's emergency financial manager tries to meet a deadline to decide whether the city and escape a bankruptcy filing.
Emergency Financial Manager in a report issued on Monday presented a review of Detroit's problems, from gaping budget deficits to a crushing debt load and said the city is insolvent.
Specialized hedge funds which transformed corporate bankruptcies may be poised to descend on another landscape: struggling cities and counties - and no place beckons more than Detroit.
What can your money buy you in Detroit, Michigan? Jeff Glover, JeffGloverSells.com, weighs in.
Five floors above West Milwaukee Street in Detroit, in the old home of General Motors design studio, a small company called Shinola is at work on a big dream. It is bringing high-end watchmaking back to the U.S.
Shinola makes high-end watches and bicycles and is building a factory in Detroit, reports CNBC's Mary Thompson. Workers will assemble the company's 65 different styles of watches there.
One company wants to put a new face on "Motown," reports CNBC's Mary Thompson
Are U.S. automakers back? Michael Ward, Sterne Agee auto analyst, explains why he is betting big on Detroit.
GM recalls some 2013 Buick LaCrosse and Cadillac SRX vehicles to fix a software issue that could increase the risk of a crash.