Scott Horsley
Stories
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Health
Johnson & Johnson wins a key court battle in baby powder case
A federal judge has allowed a Johnson & Johnson spinoff to proceed with a controversial bankruptcy, despite complaints from thousands who say they were harmed by the company's baby powder.
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Business
Stocks are sinking, with the Nasdaq entering a bear market. Here are 4 things to know
Stocks slumped after Russia invaded Ukraine. The tech-heavy Nasdaq entered what is known as a "bear market," or when an index drops by 20% or more from its recent record high.
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Business
Russia's invasion of Ukraine has roiled financial markets around the world
Stock prices are lower and energy prices are higher, in response to Russia's invasion of Ukraine. The U.S. stock market opened sharply lower, while crude oil prices topped $100 a barrel.
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Business
This is what was happening 40 years ago, the last time inflation was this high
By the standards of the last major inflation spike four decades ago, the current inflation rate is mild.
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Business
To reach peak inflation, how much longer do we have to go?
The latest inflation measurement for January is expected to show another sharp increase in consumer prices.
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National
Price hikes of the '70s and '80s color how different generations view the economy now
Inflation is higher than people under 40 have seen. But their parents lived through sharper price hikes in the 1970s and '80s. These experiences are helping shape the way both view today's economy.
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Health
In a big surprise, the job market surged in January even as omicron cases spiked
U.S. employers added 467,000 jobs last month despite a surge of coronavirus infections. The unemployment rose to 4% from 3.9% in December.
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Business
It was a wild week for stocks. Should you worry? Here are 4 things to keep in mind
Markets went on such a roller-coaster ride this week that it even stumped the most veteran investors. The Federal Reserve plans to start raising interest rates to tackle inflation.
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National
Will rising wages push inflation even higher?
Labor costs rose at their fastest pace in more than two decades last year. That growth eased a bit in the final months of 2021, which could give the Federal Reserve's inflation watchdogs some relief.
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Health
Believe it or not, the economy grew last year at the fastest pace since 1984
The U.S. economy grew last year at the fastest pace since 1984, but growth was tempered by successive waves of the pandemic.