Scott Horsley appears in the following:
A look at this summer's surprising home building boom
Wednesday, August 16, 2023
Builders broke ground on almost 7% more single-family homes in July than in June. New houses are selling quickly, despite high mortgage rates, because of a shortage of existing homes on the market.
July prices give hope the economy may come under control without going into recession
Thursday, August 10, 2023
Gas and groceries got more expensive in July, but the price of most other goods was down. The Federal Reserve may be able to bring inflation under control without tipping the economy into recession.
Here's where inflation stands today — and why it's raising hope about the economy
Thursday, August 10, 2023
Consumer prices rose 3.2% in July from a year ago, higher than the 3% gain seen in June — but it was largely due to math. Overall, inflation continues to ease, raising optimism about the economy.
Inflation got a little higher in July as prices for rent and gas spiked
Thursday, August 10, 2023
Consumer prices rose 3.2% in July from a year ago, up slightly from the 3% annual rise see in June — but still within analyst expectations
Inflation has been falling over the last 12 months. July data ended the streak
Thursday, August 10, 2023
The Labor Department's new cost of living report showed an uptick in inflation last month — for the first time in a year. The 3.2% jump in consumer prices was within expectations.
The case for a soft landing in the economy just got another boost
Friday, August 04, 2023
U.S. employers added 187,000 jobs in July, a slower but still solid pace of growth, suggesting the Federal Reserve may be able to curb inflation without triggering a recession.
The U.S. added jobs at a solid pace in July, reinforcing hopes about the economy
Friday, August 04, 2023
U.S. employers added 187,000 jobs in July, still marking a steady pace of growth. The unemployment rate edged down to 3.5%.
There are signs that hot weather may have put a damper on certain kinds of jobs
Friday, August 04, 2023
The Labor Department releases its monthly report card on the job market Friday morning. While rising interest rates have been a drag on some parts of the economy, overall hiring remains strong.
Treasury officials report little fallout after the government's credit rating drop
Wednesday, August 02, 2023
Treasury officials say they've seen little fallout so far from the loss of the government's Triple-A bond rating. The Fitch rating agency downgraded government debt, citing a governance deterioration.
U.S. loses its top AAA rating from Fitch over worries about the nation's finances
Wednesday, August 02, 2023
Rating agency Fitch has cut the U.S.' credit rating, lowering it by one notch from the top grade. It cited big government deficits and a deterioration in governance over the last two decades.
The U.S. loses its top AAA rating from Fitch over worries about the nation's finances
Tuesday, August 01, 2023
Fitch cut the federal government's top rating, citing rising deficits and a steady deterioration in governance over the last two decades. The action drew a sharp rebuke from the Biden administration.
Fitch drops the United States' credit rating to AA+
Tuesday, August 01, 2023
Fitch Ratings cut the U.S.'s rating by one notch, moving it from the previous top-rated AAA to AA+, citing worsening governance as a key factor — just months after the country averted a debt default.
Could the U.S. still see a recession? A handy primer about the confusing economy
Monday, July 24, 2023
A string of encouraging reports is raising hope about the economy — but worries of a possible recession have not gone away. Here's why.
NPR is taking part in the Des Moines Register's Annual Great Bicycle Ride Across Iowa
Sunday, July 23, 2023
The Tour de France concludes just as another storied cycling event begins: the Des Moines Register's Annual Great Bicycle Ride Across Iowa. This is RAGBRAI's 50th year.
The state of the — surprisingly resilient — economy
Friday, July 21, 2023
At the start of the year, economists were warning the U.S. was likely headed for a recession, but the U.S. economy has proven remarkably resilient. So what gives?
The federal deficit nearly tripled, raising concern about the country's finances
Thursday, July 13, 2023
The federal government's budget gap widened significantly in the first nine months of the fiscal year, as tax receipts slumped and spending increased.
Why inflation is losing its punch — and why things could get even better
Wednesday, July 12, 2023
Annual inflation fell to 3% in June, the lowest since March 2021. That probably won't stop the Federal Reserve from raising rates again, but this month's expected hike could be the last.
Inflation eases to its lowest in over two years, but it's still running a bit high
Wednesday, July 12, 2023
Consumer inflation hit 3% in June, the lowest since March 2021. Though easing prices will be comforting to the Federal Reserve, inflation is still running higher than the central bank would like.
New government figures show that inflation is easing
Wednesday, July 12, 2023
New numbers out Wednesday are expected to show the inflation rate in June was just over 3%. That's a big improvement from this time last year, when inflation topped 9%.
The job market is cooling but still surprisingly strong. Is that a good thing?
Friday, July 07, 2023
U.S. employers added 209,000 jobs in June. That's a solid number, but fewer than the month before. Here are the 5 things we took away from the report.