Scott Horsley appears in the following:
This tax season, IRS launches e-filing, goes after wealthy tax evaders
Sunday, March 24, 2024
With less than a month to go before the tax-filing deadline and as it experiments with a new way for people to file electronic returns, the IRS says this year's tax season is proceeding smoothly.
Sales of exhisting homes jumped sharply in February. More 'For Sale' signs are up
Friday, March 22, 2024
Home sales picked up last month. But with high prices and interest rates, buying a home is still out of reach for many. And changes to real estate commissions will soon add another wrinkle.
The Fed is still on track to cut interest rates this year, but not yet
Wednesday, March 20, 2024
Fed policymakers voted to keep their benchmark interest rate at a two-decade high, where it's been since last summer. The stock market rallied on signals that the central bank expects to lower rates.
This nationwide settlement could change the way Americans buy homes
Friday, March 15, 2024
The National Association of Realtors has reached a nationwide settlement that could change the way real estate agents are compensated.
Most boomers want to stay in their own homes as they get older
Thursday, March 14, 2024
A majority of baby boomers say they want to stay in their homes as they get older. There are more physical and social supports to help with that goal. It could have effects for the housing market.
The Fed wants to see inflation fall closer to 2% before lowering interest rates
Tuesday, March 12, 2024
The Labor Department will release its February consumer price index findings Tuesday. Inflation has generally been easing, but the headline numbers could get a boost from rising gasoline prices.
U.S. employers added more jobs in February than expected, but unemployment inched up
Friday, March 08, 2024
U.S. employers added 275,000 jobs in February — more than forecasters had expected. Wages are growing faster than inflation, giving a boost to workers' real purchasing power.
Fed Chair Jerome Powell told lawmakers that interest rates will likely fall this year
Wednesday, March 06, 2024
Federal Reserve Chairman Jerome Powell says the central bank will likely start cutting interest rates this year. But he offered no firm timetable, saying the economic outlook is still uncertain.
Mounting toll of natural disasters is partly to blame for rising home, auto insurance
Wednesday, February 28, 2024
The cost of home and auto insurance has been going through the roof, and not just in disaster-prone parts of the country. That's leading some people to scale back coverage or even do without.
Checking in on the economy ahead of election season
Saturday, February 24, 2024
Shoppers are still spending, just a little less freely than before as inflation remains higher than ideal and keeps interest rates similarly high.
Two major credit card companies, Capital One and Discover Financial, may join forces
Tuesday, February 20, 2024
Two of the nation's biggest credit card companies hope to combine forces. Capital One has offered to buy Discover Financial in a deal valued at $35 billion.
Inflation in January was higher than forecasted
Tuesday, February 13, 2024
Inflation was hotter than expected in January, with prices up 3.1% from a year ago. The news suggests it could take longer before the Federal Reserve is ready to start cutting interest rates.
The Labor Department will lay out last month's cost of living stats
Tuesday, February 13, 2024
The Labor Department will deliver a report card on inflation. The Federal Reserve has said it wants more evidence that price increases are easing before it starts cutting interest rates.
Your guide to a pocket-friendly Super Bowl tailgate
Saturday, February 10, 2024
Chicken wings are cheaper this year but chips and dips may cost you more. Here's a playbook for seeing the economy through the lens of your Super Bowl menu.
The Labor Department will issue its first monthly jobs report of the new year
Friday, February 02, 2024
Forecasters expect to see continued job gains and another month of very low unemployment.
Experts urge caution when it comes to the Federal Reserve lowering interest rates
Wednesday, January 31, 2024
The Federal Reserve faces a key decision this year: When to start cutting interest rates now that inflation is starting to ease? It's a call that could have a significant impact on the economy.
What a Trump's economic agenda could look like if he's re-elected
Sunday, January 28, 2024
What could Donald Trump's economic agenda could look like if he gets back into the White House?
Bus stations around the country are closing, leaving waiting riders without shelter
Monday, January 22, 2024
Dozens of downtown bus stations have been sold off, and many are now shuttered. For low-income bus passengers, that often means no place to eat, shelter or use the restroom while waiting for a ride.
Retail spending outperformed predictions for December
Wednesday, January 17, 2024
Retail spending rose more than expected last month, capping off a solid holiday shopping season.
The economic impact from the Red Sea tensions
Tuesday, January 16, 2024
Attacks by Houthi rebels continue to disrupt shipping in the Red Sea. But so far the economic fallout has been relatively muted.