Scott Horsley appears in the following:
The U.S. added 209,000 jobs in June, showing that hiring is slowing but still solid
Friday, July 07, 2023
U.S. employers added 209,000 jobs in June, marking another respectable month of job growth, though it was slower than in previous months.
Labor Department reports employers added 209,000 jobs in June
Friday, July 07, 2023
The report marks another solid month of job growth. But the growth was slower than in previous months — an indication that a hot labor market could be cooling.
Janet Yellen heads to China, seeking to ease tensions between the two economic powers
Wednesday, July 05, 2023
Treasury Secretary Janet Yellen is on her way to Beijing for talks with her Chinese counterparts. The meeting comes at a tense time, with tit-for-tat trade restrictions and rising strategic frictions.
Women are returning to the job market in droves, just when the U.S. needs them most
Wednesday, July 05, 2023
The pandemic was hard on working women, but they've come roaring back into the labor force. The share of working-age women who have jobs or want one hit an all-time high in May.
Here are the 5 things to know about the state of the economy this Independence Day
Tuesday, July 04, 2023
As the U.S. celebrates its birthday with hot dogs and fireworks, the economy continues to grow, the job market is strong, but inflation and rising interest rates are keeping recession fears alive.
The factors behind the huge resurgence of women in the workforce
Monday, July 03, 2023
The pandemic was hard on working women, but they've come roaring back into the labor force. The share of working-age women who have jobs or want one hit an all-time high in May.
Inflation has eased, but Americans are still on the lookout to save
Saturday, July 01, 2023
Inflation has eased - though consumers in the U.S. are still looking for ways to trim expenses.
Despite inflation and rising interest rates, the U.S. economy is still strong
Friday, June 30, 2023
Spending on travel and entertainment is up, even as Americans contend with stubborn inflation. One reason the economy is doing so well is that people keep spending money.
Federal Reserve latest: Powell testifies and governing board nominees are reviewed
Wednesday, June 21, 2023
Federal Reserve chairman Jerome Powell testified before a House committee Wednesday. Meanwhile, a Senate panel reviewed several nominations to the Fed's board of governors, including the first Latina.
Taking a breather: Fed holds interest rates steady in patient battle against inflation
Wednesday, June 14, 2023
After 10 straight rate hikes, the Federal Reserve left interest rates unchanged Wednesday, but hinted that additional rate hikes are possible if inflation remains stubbornly high.
The Fed is expected to end its string of consecutive interest rate hikes
Wednesday, June 14, 2023
The Federal Reserve will close a policy meeting, with officials expected to leave interest rates unchanged. But future hikes are possible, as the central bank wrestles with stubbornly high inflation.
Eggs are cheaper now, but inflation isn't where the Federal Reserve wants it to be
Tuesday, June 13, 2023
Falling prices for gas and eggs took some of the sting out of inflation. Consumer prices in May were 4% higher than a year ago. Meanwhile, the Federal Reserve decides what to do with interest rates.
Cheaper eggs and gas lead inflation lower in May, but higher prices pop up elsewhere
Tuesday, June 13, 2023
Inflation cooled slightly in May, thanks in part to falling gas and egg prices. But the overall cost of living is still climbing faster than the Federal Reserve would like.
Latest inflation numbers come as the Fed considers what to do with interest rates
Tuesday, June 13, 2023
The Labor Department reports Tuesday on May's inflation rate. While inflation has cooled since last summer, prices are still rising faster than the Federal Reserve would like.
Amazingly, the U.S. job market continues to roar. Here are the 5 things to know
Saturday, June 03, 2023
Employers added a whopping 339,000 jobs last month, a stunningly strong number. Here are some of the key takeaways of the country's red hot labor market.
What to expect in Biden's Oval Office address about the debt ceiling deal
Friday, June 02, 2023
President Biden delivers the first Oval Office address of his presidency. It comes a day after Congress passed a bipartisan deal to lift the debt ceiling, narrowly avoiding the deadline.
Far surpassing expectations, the U.S. added a whopping 339,000 jobs in May
Friday, June 02, 2023
U.S. employers added a whopping 339,000 jobs in May, far more than forecasters had expected. The unemployment rate, which is compiled from a separate survey, rose to a still-low 3.7%.
The U.S. added 339,000 jobs in May. It's a stunningly strong number
Friday, June 02, 2023
Employers added a whopping 339,000 jobs in May, far above expectations, according to a report from the Labor Department on Friday. The unemployment rate rose to 3.7%, from 3.4% in April.
CBO says debt ceiling deal would cut deficits by $1.5 trillion over the next decade
Wednesday, May 31, 2023
Congressional forecasters say the debt ceiling deal struck by President Biden and House Speaker Kevin McCarthy over the weekend would reduce deficits by about $1.5 trillion over the next decade.
Demand for U.S. Treasury bonds could surge, even as default looms
Sunday, May 28, 2023
If the federal government defaults on its debt, one surprising place investors would likely seek shelter is in the safety of U.S. Treasury debt.