Scott Horsley
Stories
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Food
Inflation has a new victim: Girl Scout cookies
Many Girl Scout councils are raising the price of their popular cookies from $5 to $6 a box. The increase offers Girl Scouts and their customers a bittersweet lesson in inflation.
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Business
Social Security recipients will get a smaller increase in benefits as inflation cools
Social Security beneficiaries will receive a 3.2% cost of living adjustment next year. Inflation has been moderating recently, with consumer prices in September up 3.7% from a year ago.
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Business
Economics Nobel Prize goes to Claudia Goldin, an expert on women at work
Harvard University's Claudia Goldin has won the 2023 Nobel Prize in Economics for her research on women in the labor market. She studies the causes of the persistent pay gap between men and women.
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Politics
How to make sense of the country's stunningly strong job market
U.S. employers added about twice as many jobs in September as forecasters expected. That's good for people looking for work, but the strong report could complicate the Fed's effort to curb inflation.
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Business
The job market was stunningly strong in September
Employers added 336,000 jobs in September, far more than expected. It's good news for people looking for work, but the strong labor market could complicate the Fed's fight against inflation.
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Politics
Why many business owners would love it if you stopped using your credit card
The fees merchants pay for accepting credit cards are much higher in the U.S. than in Europe. Ice cream shop owner Victor Garcia, for example, paid more than $25,000 in swipe fees last year.
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National
Builders are finding ways to keep home prices in reach despite high interest rates
Mortgage rates above 7% are weighing on the housing market. But some builders and buyers are finding workarounds. In some cases, that means choosing a little less space.
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National
Fed holds interest rates steady... for now
The Federal Reserve held interest rates steady today, but hinted one more rate hike may be needed this year to bring inflation under control.
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Business
The Federal Reserve holds interest rates steady but hints at more action this year
The Federal Reserve left interest rates unchanged Wednesday, despite stubborn inflation, although it left the door open to an additional rate hike in November or December.
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Business
4 things to know on Labor Day — from the Hot Labor Summer to the Hollywood strikes
Organized labor has scored some big victories this year, including new contracts at UPS. Can the winning streak continue?