Scott Horsley appears in the following:
Why America's 1-Percenters Are Richer Than Europe's
Thursday, December 05, 2019
The share of total income of the top 1% of earners in the U.S. more than doubled over four decades. But in Europe, the gains were less dramatic. What accounts for the difference across the Atlantic?
Investors Rattled As President Trump's Trade War Heats Up Again
Tuesday, December 03, 2019
President Trump's trade war is heating up again, with threats of new tariffs on France, Brazil and Argentina. The sudden shifts have rattled investors, who'd come to believe a truce was near.
Brazil, Argentina Now On Receiving End Of Trump Tariffs
Monday, December 02, 2019
President Trump on Monday tweeted that he's reimposing steel and aluminum tariffs on the two countries. The new tariffs turn up the heat on what was already a simmering trade war.
His Company Makes Speakers. Now He's Speaking Out, Opposing Tariffs
Monday, December 02, 2019
The trade war with China is weighing on America's manufacturers. "[The tariff burden] comes out of our bottom line," says Dan Digre, president of Misco, a speaker-maker in Minnesota.
Trump Signs Bill In Support Of Pro-Democracy Demonstrators In Hong Kong
Wednesday, November 27, 2019
President Trump signed a bill Wednesday showing support for pro-democracy demonstrators in Hong Kong. But in an effort to avoid upsetting delicate trade talks, the president soft-pedaled the message to mainland China.
President Trump Waffles On Hong Kong Democracy Bill Amid China Trade Talks
Friday, November 22, 2019
President Trump says he stands with democracy demonstrators in Hong Kong. But he stopped short of pledging support for a pro-Hong Kong bill, saying it could complicate trade talks with China.
Low Mobility Rate Has Consequences For Families And The Economy
Friday, November 22, 2019
More Americans are staying put than ever before. The Census Bureau reported this week that the mobility rate has fallen to its lowest level on record — about half the rate of three decades ago.
Fed Chair Says The Bank Takes Its Cues From Economic Data, Not Criticism From Trump
Wednesday, November 20, 2019
President Trump wants the Federal Reserve to keep cutting interest rates. But the central bank has signaled it's done cutting rates for now, unless the economy takes a turn for the worse.
Trump Makes No Promises On China Trade Deal
Tuesday, November 12, 2019
President Trump says a mini trade agreement with China could happen "soon," but he offered no guarantees. In a speech to the Economic Club of New York, Trump downplayed the cost of his trade war.
U.S. And China Agree To Roll Back Some Tariffs
Thursday, November 07, 2019
A spokesman for China's Commerce Ministry says the U.S. and China have agreed to roll back some tariffs while moving toward the first phase of a trade agreement. But the deal is not final.
What A Tentative Trade Deal Between China And 14 Other Countries Means For The U.S.
Monday, November 04, 2019
China and 14 other countries have agreed on a tentative trade pact. The U.S. is not part of the agreement and critics say that puts the country at a disadvantage in a fast-growing part of the world.
U.S. Employers Added 128,000 Jobs In October
Friday, November 01, 2019
The stock market rallied Friday after a better-than-expected jobs report. U.S. employers added 128,000 jobs in October, despite the General Motors strike, which idled tens of thousands of workers.
Job Market Resilient In October Despite GM Strike, Beating Expectations
Friday, November 01, 2019
U.S. employers added 128,000 jobs last month. The unemployment rate inched up to 3.6%. The drop in job creation reflects a slowing economy, but a strike at General Motors was also a factor.
Fed Cuts Rates Again To Boost A Slowing Economy
Wednesday, October 30, 2019
The Federal Reserve cut interest rates by a quarter percentage point Wednesday, in an effort to support an economy that continues to tap the brakes. Economic growth in the third quarter was just 1.9%.
As Growth Slows To 1.9%, The Economy Is Falling Short Of Trump's Target
Wednesday, October 30, 2019
GDP numbers out Wednesday show the U.S. economy lost some steam in the third quarter. President Trump is banking on a strong economy as his ticket to a second term.
FACT CHECK: President Trump's Plans For Syrian Oil
Monday, October 28, 2019
The president is renewing his push for U.S. control of Syrian oil. Experts say the limited oil there belongs to Syria, but it may provide a pretext for a continued U.S. presence in the country.
Where There's A Wine, There's A Way
Friday, October 25, 2019
A Florida company has found a way to sidestep the Trump administration's new, 25% tariffs on French wine. The company is importing bulk wine by the truckload tariff-free and bottling it in the U.S.
'It's Time To Get Something Back': Union Workers' Voices Are Getting Louder
Wednesday, October 23, 2019
Unions and their supporters around the country are assessing whether the United Auto Workers strike against General Motors is a sign of renewed labor power.
White House Adviser Peter Navarro Calls Fictional Alter Ego An 'Inside Joke'
Friday, October 18, 2019
Peter Navarro, a key architect of President Trump's trade policy, made up one of the people the adviser repeatedly quotes in his nonfiction books. Navarro's publisher is not amused.
Democratic Candidates Tackle Issue Of Income Inequality In 4th Debate
Wednesday, October 16, 2019
Presidential candidates Elizabeth Warren and Bernie Sanders would both like to impose higher taxes on the wealthy. That idea came under attack during Tuesday's debate.