Scott Horsley
Stories
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Business
Minimum Wage Hikes Fuel Higher Pay Growth For Those At The Bottom
Wages rose faster for low-income workers than for any other group in 2019. The gains are partly explained by the tight labor market. But increases in minimum wages also contributed to the gains.
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Business
U.S. Airstrike That Killed Iranian General Sent Shock Waves Through Financial Markets
Oil prices rose and the stock market fell Friday, as investors reacted to rising tension in the Middle East. Fallout from the killing of a top Iranian military leader was more muted than expected.
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Business
Looking Back On Some Of The Economic Highs And Lows Throughout 2019
The U.S. economy continued to grow in 2019 despite the trade war with China. Unemployment remains at historic lows, wages are up and the stock market soared. Trade agreements reached at year's end brightened forecasts for 2020.
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Business
7 Days That Shook 7 Decades Of World Trade
Some see worrisome signs for the international trading system that grew up after World War II, following a week that saw an update to NAFTA, a preliminary U.S.-China deal and a big step toward Brexit.
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Business
Trump Announces A 'Phase One' Trade Deal With China
President Trump announced a "Phase One" trade deal with China Friday. It avoids a costly new round of tariffs this weekend. What China has agreed to do in return is less certain.
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Business
U.S.-China Reach First Phase Of A Trade Deal
Chinese and U.S. negotiators have agreed to prevent new tariffs from going into effect this weekend. President Trump calls it "phase one" of a trade deal.
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Politics
News Brief: Conservatives Win Big In U.K. Election, Impeachment Vote, China Trade
The British people have handed Prime Minister Boris Johnson and the Conservative Party a big victory, all but ensuring Brexit. Also, planned votes on two articles of impeachment were delayed.
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Business
Reports Of Possible U.S.-China Trade Deal
President Trump tweeted Thursday that the U.S. is "very close" to striking a trade deal with China. That would be a relief to businesses, bracing for another round of tariffs this weekend.
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Business
Democrats Move Closer To Giving Trump A Big Legislative Victory On Trade
Democrats and organized labor have signaled their support for an updated version of the North American Free Trade Agreement. It's a rare, bipartisan accomplishment at a time of deep division.
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Politics
House Democrats Support Updated Trade Deal With Mexico And Canada
House Democrats and organized labor have signed off on an updated trade agreement with Mexico and Canada. The announcement comes as Democrats unveiled articles of impeachment against President Trump.