Scott Horsley appears in the following:
Striking autoworkers reach tentative deals with all of the big 3 automakers
Monday, October 30, 2023
General Motors has reached a tentative deal with striking autoworkers. GM is the last of the Detroit carmakers to reach a settlement — potentially ending a six-and-a-half week strike.
5 things to know about a stunning week for the economy
Saturday, October 28, 2023
The U.S. economy continues to defy gravity, growing rapidly despite high interest rates. Consumer spending is powering the expansion, but it's not clear how long that can last.
Economic numbers show Americans are on a spending kick. How long can that keep up?
Friday, October 27, 2023
Americans opened their wallets again in September, spending freely on cars, concert tickets and more. Income didn't keep pace with spending, though, raising questions about how long it can continue.
The U.S. economy posted stunning growth in the third quarter — but it may not last
Thursday, October 26, 2023
Gross domestic product surged from July to September as Americans opened their wallets big time, but there are doubts about how long this blistering pace of growth can last.
The U.S. economy is humming. So why are Americans so grumpy about it?
Thursday, October 26, 2023
Rising interest rates haven't slowed the economy. GDP numbers out Thursday show the economy grew more than twice as fast in July, August and September as in the previous quarter.
The U.S. economy is showing strong growth despite high interest rates
Saturday, October 21, 2023
The U.S. economy remains remarkably resilient, despite a sharp rise in interest rates. Mortgage rates are at their highest level in more than two decades.
Why the average American family's net worth increased 37% during the pandemic
Wednesday, October 18, 2023
A new survey from the Federal Reserve finds that family finances overall improved in recent years, despite the economic upheaval caused by the pandemic.
Inflation has a new victim: Girl Scout cookies
Saturday, October 14, 2023
Many Girl Scout councils are raising the price of their popular cookies from $5 to $6 a box. The increase offers Girl Scouts and their customers a bittersweet lesson in inflation.
September inflation and Social Security's Cost Of Living Adjustment
Thursday, October 12, 2023
The cost of living is still going up, but not as fast as it had been. Social Security recipients will get a cost of living increase of 3.2% next year.
Social Security recipients will get a smaller increase in benefits as inflation cools
Thursday, October 12, 2023
Social Security beneficiaries will receive a 3.2% cost of living adjustment next year. Inflation has been moderating recently, with consumer prices in September up 3.7% from a year ago.
The cost of living is still going up, but not as fast as it had been
Thursday, October 12, 2023
Social Security beneficiaries can expect a 3.2% cost-of-living increase next year. It's a smaller increase than the 8.7% bump recipients got this year, which was the largest in decades.
Inflation hitting where it hurts: The price of Girl Scout cookies is going up
Wednesday, October 11, 2023
The price of Thin Mints is going up in some parts of the country next year, as Girl Scouts and their customers get a lesson in inflation.
The incursion into Israel by Hamas triggers fears of soaring gasoline prices
Tuesday, October 10, 2023
This weekend's attacks in Israel did send tremors through the global energy market. But so far at least, the pain has not stretched to U.S. gas pumps.
Nobel Prize in economics goes to Harvard economist Claudia Goldin
Monday, October 09, 2023
Harvard University's Claudia Goldin won the 2023 Nobel Prize in economics for her research on women in the labor market. She studies the causes of the persistent pay gap between men and women.
Economics Nobel Prize goes to Claudia Goldin, an expert on women at work
Monday, October 09, 2023
Harvard University's Claudia Goldin has won the 2023 Nobel Prize in Economics for her research on women in the labor market. She studies the causes of the persistent pay gap between men and women.
U.S. employers added twice as many jobs as expected
Friday, October 06, 2023
U.S. employers added a whopping 336,000 jobs in September. That's about twice as many as forecasters were expecting.
How to make sense of the country's stunningly strong job market
Friday, October 06, 2023
U.S. employers added about twice as many jobs in September as forecasters expected. That's good for people looking for work, but the strong report could complicate the Fed's effort to curb inflation.
U.S. employers added far more jobs than anticipated in September
Friday, October 06, 2023
U.S. employers added 336,000 jobs last month — about twice as many as forecasters expected. It's good news for job-seekers, but could complicate the Federal Reserve's efforts to curb inflation.
The job market was stunningly strong in September
Friday, October 06, 2023
Employers added 336,000 jobs in September, far more than expected. It's good news for people looking for work, but the strong labor market could complicate the Fed's fight against inflation.
Consumer advocates warn about consequences of weakening the CFPB
Tuesday, October 03, 2023
A case now before the Supreme Court could dramatically weaken the Consumer Financial Protection Bureau. The challenge was brought by payday lenders.