Scott Horsley
Stories
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Business
The U.S. created an extraordinary number of jobs in January. Here's a deeper look
U.S. employers added 353,000 jobs in January — far more than forecasters expected. The sizzling job market is good for workers but could cause the Federal Reserve to postpone a cut in interest rates.
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Business
The Federal Reserve holds interest rates steady but signals rate cuts may be coming
The Federal Reserve held interest rates steady on Wednesday, but indicated that rates could fall in the coming months if inflation continues to cool.
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Business
Greyhound stations were once a big part of America. Now, many of them are being shut
Greyhound bus stations are being shut down and redeveloped. The closures are leaving passengers without a warm place to get a snack, use the restroom or wait for the bus.
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Politics
Many experts feared a recession. Instead, the economy has continued to soar
The U.S. economy grew substantially faster in the final months of 2023 than forecasters had expected. For all of last year, the economy grew 3.1% — defying forecasts of a likely recession.
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Business
As car insurance continues to rise, U.S. inflation ticks up in December
Overall CPI in December was up 3.4% from a year ago. The cost of motor vehicle insurance rose 1.5% in December from November, marking a 20.3% increase compared to the previous year.
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Business
U.S. unemployment has been under 4% for the longest streak since the Vietnam War
U.S. employers added 216,000 jobs in December, as the unemployment rate held steady at 3.7%. The labor market proved resilient in 2023, despite rising interest rates.
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Business
The U.S. economy performed better than expected in 2023. A 2024 preview
Will the economy continue to bubble like freshly-popped champagne, or will we suffer a hangover from inflation and high interest rates. Forecasters expect somewhat slower growth and lower inflation.
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Business
Where life got pricier & cheaper in 2024
How did the cost of life in America change this year? Prices overall continued to climb, though more slowly than they had been. And some actually fell.
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National
A forecast of what this winter's heating bills will look like
People in much of the country should enjoy lower heating bills this winter. But many families are still struggling with the cost of staying warm.
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Politics
These 5 charts show how life got pricier, but also cheaper, in 2023
Inflation eased this year, and wages are now climbing faster than prices. Americans are still spending, even if they have to borrow money to do so.