Scott Horsley
Stories
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Business
Job Market Surges As Employers Add 266,000 Jobs In November
U.S. employers added a better-than-expected number of jobs last month, boosted in part by the return of General Motors workers who had been on strike in October. The unemployment rate fell to 3.5%.
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Politics
Why America's 1-Percenters Are Richer Than Europe's
The share of total income of the top 1% of earners in the U.S. more than doubled over four decades. But in Europe, the gains were less dramatic. What accounts for the difference across the Atlantic?
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Business
Investors Rattled As President Trump's Trade War Heats Up Again
President Trump's trade war is heating up again, with threats of new tariffs on France, Brazil and Argentina. The sudden shifts have rattled investors, who'd come to believe a truce was near.
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Business
Brazil, Argentina Now On Receiving End Of Trump Tariffs
President Trump on Monday tweeted that he's reimposing steel and aluminum tariffs on Brazil and Argentina. The new tariffs turn up the heat on what was already a simmering trade war.
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Politics
Trump Signs Bill In Support Of Pro-Democracy Demonstrators In Hong Kong
President Trump signed a bill Wednesday showing support for pro-democracy demonstrators in Hong Kong. But in an effort to avoid upsetting delicate trade talks, the president soft-pedaled the message to mainland China.
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Politics
President Trump Waffles On Hong Kong Democracy Bill Amid China Trade Talks
President Trump says he stands with democracy demonstrators in Hong Kong. But he stopped short of pledging support for a pro-Hong Kong bill, saying it could complicate trade talks with China.
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Business
Low Mobility Rate Has Consequences For Families And The Economy
More Americans are staying put than ever before. The Census Bureau reported this week that the mobility rate has fallen to its lowest level on record — about half the rate of three decades ago.
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Business
Fed Chair Says The Bank Takes Its Cues From Economic Data, Not Criticism From Trump
President Trump wants the Federal Reserve to keep cutting interest rates. But the central bank has signaled it's done cutting rates for now, unless the economy takes a turn for the worse.
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Politics
Trump Makes No Promises On China Trade Deal
President Trump says a mini trade agreement with China could happen "soon," but he offered no guarantees. In a speech to the Economic Club of New York, Trump downplayed the cost of his trade war.
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Business
U.S. And China Agree To Roll Back Some Tariffs
A spokesman for China's Commerce Ministry says the U.S. and China have agreed to roll back some tariffs while moving toward the first phase of a trade agreement. But the deal is not final.