Scott Horsley appears in the following:
Cargo Is Piling Up Everywhere, And It's Making Inflation Worse
Monday, June 21, 2021
A surge in imports is overwhelming transportation networks and testing supply chains, making life hard for small-business owners.
Federal Reserve Will Continue Supporting The Economy Despite Surging Prices
Wednesday, June 16, 2021
The Fed is maintaining its easy money policies for now in an effort to speed the economic recovery. It left interest rates near zero despite a jump in consumer prices.
U.S. And E.U. Suspend Boeing-Airbus Dispute To Counter China
Tuesday, June 15, 2021
The U.S. and E.U. have called a truce in a long-running trade dispute involving rivals Boeing and Airbus. The fight sparked turbulence for unrelated products like Scotch whisky and Spanish olive oil.
Republican Governors In 25 States End Jobless Aid Early
Monday, June 14, 2021
More than 300,000 people have lost their pandemic unemployment benefits. GOP governors in more than two dozen states ended jobless aid ahead of schedule — in an effort to push people back to work.
GOP Senators Move To End Pandemic Unemployment Benefits Early
Saturday, June 12, 2021
Republican-lead states are moving to end enhanced unemployment benefits early, arguing that the extra pandemic-related funding from the federal government is keeping employers from finding workers.
Inflation Climbs Even Higher With Prices Rising 5% In May
Thursday, June 10, 2021
Consumer prices are climbing at the fastest pace in nearly 13 years as the U.S. recovers from the pandemic recession. Prices rose 5% in May. Authorities say this inflation spike will be temporary.
Inflation Is Surging. The Price Of A Toyota Pickup Truck Helps Explain Why
Thursday, June 10, 2021
The Labor Department says consumer prices jumped 5% for the 12 months ending in May. That's the sharpest increase in nearly 13 years, as the economy rebounds from the pandemic recession.
Labor Department Keeps Watch On Inflation With Consumer Price Index
Thursday, June 10, 2021
The Labor Department reports on the latest inflation data on Thursday. It comes after the consumer price index rose 4.2% in April from a year ago — the highest in more than a dozen years.
Inflation Has Surged From The Pandemic Recession — But That Isn't Stopping Buyers
Wednesday, June 09, 2021
The price of cars is climbing fast. So is the price of gasoline. The Labor Department may also offer its own version of sticker shock when it reports on the rise in consumer prices Thursday.
G7 Nations Are Taking A Major Step Toward Global Tax Reform
Monday, June 07, 2021
The U.S. and other major industrial countries have struck a tentative deal to impose a 15% tax on multi-national corporations. The agreement may face opposition in low-tax countries and Congress.
A Lifeline For The Unemployed Is About To End In Half Of U.S. Here's What's At Stake
Monday, June 07, 2021
Republican governors are moving to end $300-a-week pandemic payments for the unemployed in a controversial effort to push people back to work. Four states are set to end them this week.
U.S. Employers Added 559,000 Jobs In May
Friday, June 04, 2021
In May, U.S. employers added two times the jobs they did in April. A long way from replacing the jobs lost in 2020, employers say they'd like to hire more people to keep up with booming demand.
Hiring Picked Up Last Month, But The Economy Still Needs More Workers
Friday, June 04, 2021
U.S. employers added 559,000 jobs last month, as the unemployment rate fell to 5.8% from 6.1% in April. Employers say they could use even more workers as demand surges and pandemic fears recede.
Labor Department Releases Job Numbers For May
Friday, June 04, 2021
The Labor Department is set to report jobs data for May amid a political fight over whether extended unemployment benefits are dissuading Americans from rejoining the workforce.
Pandemic Unemployment Benefits Are Ending Early In Over 2 Dozen States
Thursday, June 03, 2021
Over two dozen states are ending pandemic unemployment benefits early. Some say the money keeps people from looking for work. Calls to end the payouts got louder after lackluster job gains in April.
U.S. Economy Is Likely To Sizzle This Summer
Monday, May 31, 2021
As the pandemic retreats and summer travel starts, hotels, airlines and rental car companies are expecting a big jump in business. Travelers also may have to prepare for longer lines, higher prices.
Think Inflation Is Bad Now? Let's Take A Step Back To The 1970s
Saturday, May 29, 2021
Prices are jumping as the economy rebounds from the pandemic, but the Biden Administration and the Federal Reserve say a return to 1970s-style inflation is unlikely.
Biden Wants To Measure How Climate Change Impacts America's Finances
Thursday, May 20, 2021
President Biden signed an executive order Thursday that aims to safeguard families, businesses, and the government from the financial fallout of a changing climate.
President Biden Says Those Who Turn Down Suitable Jobs May Lose Unemployment Aid
Monday, May 10, 2021
President Biden downplayed complaints that unemployment benefits are discouraging people from looking for work, but stressed that those who turn down suitable job offers may be at risk of losing aid.
April's Job Report Falls Short Of Predictions
Saturday, May 08, 2021
April's jobs number failed to meet projections, casting doubt on the country's post-pandemic recovery. But the Biden administration says that the economy is recovering faster than expected.