Scott Horsley appears in the following:
3 U.S.-based economists win the Nobel Memorial Prize in Economics
Monday, October 11, 2021
Their work drew conclusions from unintended experiments, or so-called natural experiments — real events or policy changes that can be studied empirically to answer important questions in society.
Far fewer jobs were added in September than forecasted
Friday, October 08, 2021
September's job gains fell short of expectations, with U.S. employers adding just 194,000 jobs. The unemployment rate fell below 5%, but that was in part because people dropped out of the workforce.
Latest jobs report sheds more light on how the U.S. economy is doing
Friday, October 08, 2021
Employers added 194,000 jobs in September, a second month of disappointing growth. Employers added 194,000 jobs in September, down from a revised 366,000 jobs in August, the Labor Department says.
August's jobs numbers were bad. September was even worse, but there's room for hope
Friday, October 08, 2021
The Labor Department says the U.S. added just 194,000 jobs last month, even lower than the lackluster showing in August. The unemployment rate fell to 4.8%.
Job numbers are expected to have improved in September
Thursday, October 07, 2021
September was supposed to be the month that Americans went back to work. Job gains are expected to be stronger than they were in August, but hiring is unlikely to match the levels of early summer.
Biden's proposal to give IRS more info on bank accounts faces criticism
Saturday, October 02, 2021
The Biden administration wants banks to report more information on people's accounts so it has a better idea of whom to audit.
Financial Markets Are Nervous The Government Could Default On Its Debts
Wednesday, September 29, 2021
Senate Republicans once again blocked an effort to increase the government's borrowing authority, raising the risk of an unprecedented federal default in less than three weeks.
Janet Yellen Says U.S. Could Run Out Of Cash To Pay Its Bills In Less Than 3 Weeks
Tuesday, September 28, 2021
Treasury Secretary Janet Yellen warned lawmakers the government could run out of money by Oct. 18 unless Congress raises the debt ceiling.
A High-Stakes Political Game Of Chicken Is Playing Out In Washington This Week
Monday, September 27, 2021
Senate Republicans are expected to block a vote to extend government funding and the raise the federal debt ceiling, increasing the odds of a government shutdown and a debt default in mid-October.
Financial Trades By 2 Regional Fed Bank Presidents Draw Ethics Complaints
Friday, September 24, 2021
The Federal Reserve is reviewing its ethics policies following criticism that two regional bank presidents actively traded stocks and real estate assets during the pandemic.
The Fed Says Inflation Is Hotter Than Expected — But It Should Cool Next Year
Wednesday, September 22, 2021
The Federal Reserve is projecting higher inflation this year than it had previously forecast, but says prices will cool more next year.
As Fed Meeting Wraps Up, Interest Rates Will Likely Remain Near Zero
Wednesday, September 22, 2021
The Federal Reserve ends a policy meeting Wednesday. No changes are expected in interest rates, but investors will be watching for hints as to when the central bank may lessen support for the economy.
How A Single Missing Part Can Hold Up $5 Million Machines And Unleash Industrial Hell
Tuesday, September 21, 2021
U.S. manufacturers are still struggling to keep pace with booming demand. The culprit? Sometimes, it's a single missing part.
Prices Are Still Going Up, But Not As Dramatically As Prior Months
Tuesday, September 14, 2021
Consumer prices continued to climb in August, but pandemic inflation may have peaked. Gasoline and groceries are getting more expensive, but airline tickets and used cars are getting cheaper.
Inflation Slowed A Bit Last Month, But Prices Are Still Rising
Tuesday, September 14, 2021
Prices have been climbing at the fastest pace in over a decade, as Americans pay more for gas, groceries and other items. The Labor Department issues its latest data for the month of August.
Key Inflation Indicator Will Be Updated With August Data
Tuesday, September 14, 2021
Prices have been climbing at the fastest pace in over a decade, as Americans pay more for gas, groceries and other items. The Labor Department issues its latest information for the month of August.
High Meat Prices Are Helping Fuel Inflation, And A Few Big Companies Are Being Blamed
Tuesday, September 14, 2021
A larger White House campaign is targeting what it calls anti-competitive behavior in several industries, including meatpacking, in which over 80% of beef goes through just four companies.
A Handful Of Big Meat Packing Companies May Be Pushing Up The Price Of Groceries
Monday, September 13, 2021
The Biden administration says part of the reason grocery prices are climbing is the consolidation in the meat packing industry. Just four firms are said to have a stranglehold on the market.
What The End Of Unemployment Aid Means For The Job Market And Economy
Monday, September 06, 2021
Millions of Americans are losing a lifeline as pandemic unemployment benefits expire. Research suggests the loss of aid won't do much to push people back to work, but may lead to a drop in spending.
Driven By Delta Surge, August Hiring Dips Sharply
Saturday, September 04, 2021
Hiring slowed sharply last month, as a surge in coronavirus cases poured cold water on the economic recovery. The slowdown comes as millions of people are about to lose pandemic unemployment benefits.