Scott Horsley appears in the following:
Inflation is red hot, soaring to 6.8% in November, the highest in nearly four decades
Friday, December 10, 2021
Businesses across the country, from restaurants to retail, must decide when, not if, to raises prices and by how much.
Hiring slowed sharply in November, even before omicron, with 210,000 jobs added
Friday, December 03, 2021
Hiring slowed sharply last month, even as the unemployment rate fell to 4.2%. Data from the Labor Department suggest the economy was losing steam even before the appearance of a new COVID-19 variant.
Omicron variant could become another speedbump on the road to economic recovery
Friday, December 03, 2021
The latest jobs report from the Labor Department will be a snapshot of the job market before the arrival of the new coronavirus variant.
Inflation means recreating 'The Twelve Days of Christmas' for 2021 will cost more
Thursday, December 02, 2021
Partridge prices are flat this year, but a pear tree will cost you more. Compared to overall inflation, though, the gifts in the song could be a relative bargain.
Stocks tumble as investors weighed potential effects from omicron variant
Wednesday, December 01, 2021
The stock market took a dive on Tuesday, as investors fretted about the new coronavirus variant and the prospect of more long-lasting inflation.
Stocks dive over the potential economic fallout from the omicron variant
Tuesday, November 30, 2021
Stocks fell on Tuesday as investors weighed the potential economic fallout from the new coronavirus variant. Federal Reserve Chair Jerome Powell said the central bank could end its bond-buying early.
President Biden addressed rising inflation in his economy speech
Tuesday, November 23, 2021
President Biden highlighted the strength of the U.S. economy Tuesday afternoon, while also addressing rising prices. The administration is trying to lower gasoline prices, a major driver of inflation.
Biden chooses to keep Fed Chairman Powell in place for a second term
Tuesday, November 23, 2021
President Biden plans to stick with Jerome Powell as chairman of the Federal Reserve. The Fed is wrestling with an uneven recovery and the highest inflation in more than three decades.
President Biden has nominated Jerome Powell to remain Fed chair
Monday, November 22, 2021
President Biden plans to re-nominate Jerome Powell to lead the Federal Reserve for four more years. Powell has steered the central bank through the pandemic recession. Now he must take on inflation.
Biden appoints Jerome Powell to a second term as chairman of the Federal Reserve
Monday, November 22, 2021
President Biden has tapped Jerome Powell to serve a second term as chairman of the Federal Reserve. Fed governor Lael Brainard will serve as vice chairman.
Biden reappoints Jerome Powell as Fed chairman at a critical time for the economy
Monday, November 22, 2021
President Biden has tapped Jerome Powell to serve a second term as chairman of the Federal Reserve as the economy faces huge challenges, including surging inflation.
Inflation is surging and people are hopping mad
Saturday, November 13, 2021
Inflation is the highest it's been in more than 30 years, imposing a financial burden on households and putting President Biden under pressure.
The race is on to save Christmas as retailers fight the supply chain crunch
Thursday, November 11, 2021
Retailers are racing to get merchandise onto store shelves in time for the busy holiday shopping season. But with ports and warehouses overflowing, many orders are tied up in traffic.
White House economic adviser weighs in on the inflation spike and spending plan
Wednesday, November 10, 2021
NPR's Ailsa Chang talks with White House economic adviser Brian Deese as inflation soars to its highest in 30 years.
Inflation surges to its highest since 1990
Wednesday, November 10, 2021
Consumer prices were 6.2% higher in October than a year ago as inflation continues to chip away at the buying power of households across the country.
The holidays are nearing, and merchandise meant to be on shelves is still on ships
Tuesday, November 09, 2021
With the holiday shopping season fast approaching, many businesses are still waiting for critical cargo that's stuck in traffic at ports. The race is on to unload containers to reach store shelves.
After September's let down, October's job growth rate accelerates
Friday, November 05, 2021
The Labor Department reports that U.S. employers added 531,000 jobs in October. The unemployment rate fell to 4.6%.
The labor market is back on track after 531,000 jobs were added in October
Friday, November 05, 2021
U.S. employers added 531,000 new jobs as the unemployment rate fell to 4.6%. Millions of would-be workers are still on the sidelines, though, leaving the pace of the recovery in doubt.
Treasury Secretary Janet Yellen says she's confident inflation will ease next year
Wednesday, November 03, 2021
Treasury Secretary Janet Yellen says she expects inflation pressures to ease in the latter half of next year. Yellen spoke to NPR from Scotland, where she's attending climate meetings.
Inflation is at a 30-year high. Here's how the Federal Reserve plans to deal with it
Wednesday, November 03, 2021
The Fed left interest rates near zero on Wednesday but announced plans to start removing some of the support it has provided to the economy as inflation hits its highest point in 30 years.