Scott Horsley
Stories
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Business
Fed Chair Says It May Soon Be Time To Start Reducing Its Massive Economic Support
Federal Reserve Chairman Jerome Powell says the economy continues its recovery, hinting the central bank could dial back its extraordinary efforts to prop up the economy later this year.
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Politics
The Taliban Could Soon Face A Cash Crunch As Countries Cut Off Funding To Afghanistan
The Taliban could soon be facing a cash crunch. The U.S. and other countries have taken steps to cut off the international financing which Afghanistan has relied on for much of the last two decades.
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National
Wages Are Increasing, But So Are The Costs Of Essentials Like Rent, Food And Gas
Consumer prices rose 5.4% in the 12 months ending in July, matching the highest rate of inflation in nearly 13 years. The cost of rent, food and gasoline continues to climb.
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National
Average Wages Are Going Up, And So Are Prices
Employers have figured out what it takes to find workers in a tight job market: higher wages. Restaurant wages have increased almost 10% over the last year, which could affect menu prices.
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Business
Farmers Have A Big Problem On Their Hands: They Can't Find A Way To Ship Their Stuff
Cargo ships are unloading containers in the U.S. and immediately shipping them out, empty, to Asia. That's frustrating American farmers and exporters who are struggling to get products overseas.
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Business
Transportation Tie-Ups Are Causing Headaches For The Export Business
The bottlenecks aren't just making it hard for Americans to get their hands on imported products. They're also hurting exporters whose containers may leave U.S. ports empty.
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Politics
Families Are Receiving A Child Tax Credit. Janet Yellen Says It Should Be Permanent
In an interview with NPR, the Treasury secretary calls to permanently expand the child tax credit being paid out to American families starting this week.
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Economy
Consumer Prices Surged In June
Consumer prices surged 5.4% in June from a year earlier, the highest in nearly 13 years, the Labor Department said on Tuesday. That was higher than the 5% increase seen in May.
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National
The U.S. Saw Its Biggest Gain In Jobs Since Last Summer
The American jobs market is hot at more and more people spend money and venture out for good and services.
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Business
June's Labor Data Is Not As Strong As Many Employers Would Have Liked
U.S. employers added 850,000 jobs in June, and the unemployment rate was largely the same as in May. Many sectors, including restaurants and factories, have struggled to find enough workers.