Scott Horsley appears in the following:
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.
Why many business owners would love it if you stopped using your credit card
Tuesday, September 26, 2023
The fees merchants pay for accepting credit cards are much higher in the U.S. than in Europe. Ice cream shop owner Victor Garcia, for example, paid more than $25,000 in swipe fees last year.
A new bill could reduce the fees shop owners are charged when customers swipe a card
Sunday, September 24, 2023
Retailers have long complained about so-called "swipe fees" on credit cards. And now there's a showdown in Congress that pits retailers against the credit card industry. What's at stake for shoppers?
Builders are finding ways to keep home prices in reach despite high interest rates
Thursday, September 21, 2023
Mortgage rates above 7% are weighing on the housing market. But some builders and buyers are finding workarounds. In some cases, that means choosing a little less space.
Fed holds interest rates steady... for now
Wednesday, September 20, 2023
The Federal Reserve held interest rates steady today, but hinted one more rate hike may be needed this year to bring inflation under control.
The Federal Reserve holds interest rates steady but hints at more action this year
Wednesday, September 20, 2023
The Federal Reserve left interest rates unchanged Wednesday, despite stubborn inflation, although it left the door open to an additional rate hike in November or December.
As the Fed prepares to meet, many economists say another rate hike is unlikely
Wednesday, September 20, 2023
The Federal Reserve is widely expected to hold interest rates steady on Wednesday. But investors will be on the lookout for any signals about what comes next.
How the UAW strike could have ripple effects across the economy
Saturday, September 16, 2023
There are several ways the unprecedented United Auto Workers strike could hit the economy, but it will depend on how long the strike lasts and how many plants are affected, among other factors.
How a UAW strike would impact the economy
Thursday, September 14, 2023
Unionized autoworkers are threatening to go on strike at midnight if no deal is reached with the Detroit carmakers. At first, economic fallout would be limited, but the costs would add up.
The Fed won't raise interest rates despite inflation uptick, some economists say
Wednesday, September 13, 2023
Inflation picked up a little steam last month, largely as a result of rising gas prices. The Federal Reserve is still expected to hold interest rates steady when policymakers meet next week.