Scott Horsley

Inflation is coming down. The latest cost-of-living report showed lower annual inflation in October than the month before. Falling gasoline prices get much of the credit for that.

A report from the National Association of Realtors shows the average home buyer this past year had a six-figure income. Others face challenges in a period of high prices and costly home loans.

85% of Americans say it's a "bad time" to buy a house. So who's still buying in the current market? An annual survey from the National Association of Realtors offers some insight.

The author of the 'Sahm Rule' is less worried about rising unemployment this time, even though October's rate was up 0.5% from a recent low...a jump typically associated with the onset of recession.

U.S. employers added 150,000 jobs in October — about half as many as the month before. Some cooling in the job market will be welcomed by the Federal Reserve.

The U.S. added 150,000 jobs last month, slowing down from the blistering pace seen in September. The drop was partly the result of an unprecedented autoworkers' strike.

The Federal Reserve left interest rates unchanged Wednesday, but left the door open to additional rate hikes in the future, if necessary, to curb inflation.

The Federal Reserve is expected to hold interest rates steady on Wednesday. But with inflation still elevated, policymakers may leave the door open to an additional rate hike in the future.

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.

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.

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.

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.

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 remains remarkably resilient, despite a sharp rise in interest rates. Mortgage rates are at their highest level in more than two decades.

A new survey from the Federal Reserve finds that family finances overall improved in recent years, despite the economic upheaval caused by the pandemic.

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.

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 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.

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.

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.