Scott Horsley
Stories
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Business
Why Treasury Secretary Yellen traveled to the political battleground state of Georgia
She visited a solar cell factory to highlight the domestic manufacturing incentives in the Inflation Reduction Act. Solar energy accounts for more than half the new power added to the grid last year.
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Politics
The IRS touts improved customer service and a hassle free filing option
With less than a month before the tax filing deadline, the IRS says tax season is going smoothly. The agency is investing billions of dollars to improve service and beef up tax enforcement.
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Law & Courts
Buying or selling a home? How the real estate fee structure impacts you
A settlement by the National Realtors Association promises to change the way real estate agents are compensated. It could spell an end to 6% commissions, which are higher than people pay elsewhere.
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Politics
Federal Reserve holds interest rates steady, projects three rate cuts later this year
The Federal Reserve held interest rates steady Wednesday, but policymakers signaled they still expect to start cutting rates later this year.
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Business
This nationwide settlement could change the way Americans buy homes
The National Association of Realtors has reached a nationwide settlement that could change the way real estate agents are compensated.
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Business
A major settlement could spell an end to 6% realtor commissions
The National Association of Realtors has reached a national settlement that could change the way real estate agents are paid. Critics say the current system keeps commissions artificially high.
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Business
Inflation was higher than expected in February
Inflation was a little hotter than expected in February, for the second month in a row. Rent and gasoline drove much of the monthly increase. Food prices were flat.
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Business
U.S. employers added more jobs in February than expected, but unemployment inched up
U.S. employers added 275,000 jobs in February — more than forecasters had expected. Wages are growing faster than inflation, giving a boost to workers' real purchasing power.
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Politics
Biden touts economic 'comeback' in election-year pitch to skeptical voters
President Biden used his State of the Union speech to highlight economic gains and draw a contrast with his GOP opponents. Polls shows many voters give Biden low marks for his economic stewardship.
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Politics
The U.S. sharply limits how much credit cards can charge you in late fees
The Consumer Financial Protection Bureau issued a new rule Tuesday capping late fees on credit cards, a move designed to save customers an estimated $10 billion a year. Critics promised a lawsuit.