Scott Horsley appears in the following:
Rent costs are leveling off and even dropping around the U.S.
Thursday, January 11, 2024
After a rapid jump in recent years, rents have begun to level off around the country. And in some areas, rents are even falling.
Americans are feeling a little bit better about inflation as gasoline prices fall
Thursday, January 11, 2024
The Labor Department delivers a report card on inflation Thursday morning. Price hikes have been cooling in recent months, and Americans are starting to take notice.
U.S. employers surpass forecasters' predictions by adding 216,000 jobs in December
Friday, January 05, 2024
U.S. employers added 216,000 jobs in December, capping off a solid year for the labor market. Businesses added 2.7 million jobs in 2023, despite the weight of rising interest rates.
Was it a strong finish to the 2023 job market? The Labor Department has an answer
Friday, January 05, 2024
The Labor Department delivers its final jobs report of 2023 Friday morning. The job market held up well last year, despite rising interest rates.
Attitudes about the economy are much better than they were this time last year
Monday, January 01, 2024
The economic outlook has improved considerably from this time last year, when many forecasters were predicting a recession in 2023.
The U.S. economy performed better than expected in 2023. A 2024 preview
Monday, January 01, 2024
Will the economy continue to bubble like freshly-popped champagne, or will we suffer a hangover from inflation and high interest rates. Forecasters expect somewhat slower growth and lower inflation.
Where life got pricier & cheaper in 2024
Saturday, December 30, 2023
How did the cost of life in America change this year? Prices overall continued to climb, though more slowly than they had been. And some actually fell.
A forecast of what this winter's heating bills will look like
Thursday, December 28, 2023
People in much of the country should enjoy lower heating bills this winter. But many families are still struggling with the cost of staying warm.
The Fed held interest rates as inflation shows signs of cooling
Wednesday, December 13, 2023
The Federal Reserve held interest rates steady today, amid signs of cooling inflation. Policymakers also offered some forecasts of what might be in store next year.
Inflation is down as gas and grocery prices fall
Tuesday, December 12, 2023
Inflation dipped to 3.1% last month — less than half what it was at the beginning of the year. Falling gasoline prices helped to offset rising rents and medical bills last month.
Unemployment down as UAW and Hollywood actors return from strikes
Friday, December 08, 2023
U.S. employers added 199,000 jobs in November, as the unemployment rate fell to 3.7%. The resolution of the UAW and Hollywood actors' strikes helped to boost those numbers.
There are indications that the job market may be cooling off
Friday, December 08, 2023
The Labor Department reports on November's job gains Friday morning. Forecasters think employers added around 200,000 jobs last month.
The cost of Thanksgiving dinner is down slightly from last year
Tuesday, November 21, 2023
Pumpkin pie prices are way up this year but turkeys are a relative bargain. A lot of Americans will be giving thanks this holiday for lower inflation at the supermarket.
Falling gas prices are helping cool inflation
Tuesday, November 14, 2023
Inflation cooled last month, as falling gasoline prices helped to offset rising rents. News of a smaller-than-expected jump in the cost-of-living triggered a rally on Wall Street.
As gasoline prices fall, U.S. inflation cools to 3.2%
Tuesday, November 14, 2023
Consumer prices last month were 3.2% higher than the month before — a smaller annual increase than the previous month. A sharp drop in gas prices in October helped to offset rising rents.
The Labor Department released its report card on October inflation
Tuesday, November 14, 2023
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.
Tough housing market is luring buyers without kids and higher incomes
Tuesday, November 14, 2023
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.
Many say it's a bad time to buy a house. So who's still going for it?
Monday, November 13, 2023
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 'R' word: Why this time might be an exception to a key recession rule
Sunday, November 12, 2023
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.
Hiring cooled significantly in October
Friday, November 03, 2023
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.