Scott Horsley appears in the following:
U.S. Employers Added Fewer Jobs In April Than Forecasted
Friday, May 07, 2021
U.S. employers added far fewer jobs in April than forecasters had expected. Friday's report shows a modest uptick in average hourly wages amid many businesses complaining of a worker shortage.
Spring Letdown: Hiring Slows In April, Raising New Challenges For Economy
Friday, May 07, 2021
U.S. employers added 266,000 jobs last month, far fewer than analysts had expected. The unemployment rate rose to 6.1%.
April Jobs Gain Is Smaller Than Expected
Friday, May 07, 2021
U.S. employers added just 266,000 jobs last month — far below analysts' projections of nearly1 million — and the unemployment rate ticked up to 6.1%.
'So Exciting To Be Working Again': Americans Are Going Out, Boosting Jobs
Thursday, May 06, 2021
Newly vaccinated Americans are spending more freely on restaurants, travel and live entertainment. That should give a boost to pandemic-scarred service industries.
Businesses Are Already Benefiting As More Of The U.S. Gets Vaccinated
Tuesday, May 04, 2021
Newly vaccinated Americans are eating out, getting haircuts, going to sporting events and traveling again — giving a lift to businesses that have been largely shuttered for over a year.
Flush With Cash, Americans Are Buying Everything From iPhones To Teslas
Friday, April 30, 2021
Personal income jumped by a record 21% last month, largely thanks to those $1,400 relief payments. The extra cash helped fuel a jump in spending that should continue in the months to come.
'Peril Into Possibility': Biden's Speech Featured A Bold Plan To Reshape The Economy
Thursday, April 29, 2021
The U.S. economy grew rapidly in 2021's first months with the distribution of vaccines and relief payments. Biden said in his speech he aims to build on that success, turning "peril into possibility."
Shopping And Shots Power An Economy Heading To Its Fastest Growth Since 1984
Thursday, April 29, 2021
The U.S. economy grew at a rapid pace in the first three months of the year as more people got vaccinated and the federal government pumped hundreds of billions of dollars into people's pockets.
Did Emergency PPP Loans Work? Nearly $800 Billion Later, We Still Don't Know
Tuesday, April 27, 2021
The Paycheck Protection Program, which provided emergency loans to small businesses amid the pandemic, will wind down soon. Economists are divided on whether it saved enough jobs to justify its cost.
How Pandemic Responses Are Shaping The Economic Recovery Of 3 Continents
Tuesday, April 20, 2021
China, Europe, and the United States have had mixed success in controlling the pandemic, and it's shaping the economic recovery on three continents.
U.S Economy Looking Good As Spending Jumps In March
Saturday, April 17, 2021
There was lots of good news on the economic front this week. Consumers are spending more money and fewer people are getting laid off.
The Economy May Be On The Mend As Retail Sales Soar And Unemployment Claims Fall
Thursday, April 15, 2021
Retail sales soared in March, as vaccinations and $1,400 relief payments boosted shoppers' outlook. New state unemployment claims also fell to their lowest level since the pandemic took hold.
Signs Of Economic Boom Emerge As Retail Sales Surge, Jobless Claims Hit Pandemic Low
Thursday, April 15, 2021
Retail sales jumped nearly 10% in March, as shoppers, flush with $1,400 relief payments, are feeling more confident about venturing out. Weekly unemployment claims dropped to a pandemic low.
Consumer Prices Jump For March
Tuesday, April 13, 2021
Consumer prices saw their sharpest increase in more than eight years last month, as businesses struggled to keep pace with booming demand.
Consumer Prices Jumped. Should You Worry? That's Sparking A Heated Debate
Tuesday, April 13, 2021
Consumer prices jumped last month as businesses struggled to keep pace with booming demand, but the Biden administration and the Federal Reserve say the uptick in inflation is likely to be temporary.
Rising Tide: Powerful U.S. Growth Set To Lift Global Economy, IMF Says
Tuesday, April 06, 2021
The International Monetary Fund predicts the U.S. economy will grow at its fastest pace in decades this year, lifting the outlook for worldwide economic growth.
Janet Yellen Proposes Bold Idea: The Same Minimum Corporate Tax Around The World
Monday, April 05, 2021
The Treasury secretary is adding her support to a widely discussed proposal as part of the Biden administration's tougher approach to corporate taxes.
Labor Department Reports U.S. Job Market Improvements In March
Friday, April 02, 2021
U.S. employers added 916,000 jobs in March and the unemployment rate dropped to 6%. President Biden welcomed the Labor Department's strong report, but cautioned the pandemic recession is not over yet.
Roaring Back: Employers Add 916,000 Jobs As Economy Emerges From Winter Slump
Friday, April 02, 2021
Hiring by U.S. employers accelerated sharply amid an improving public health outlook and a new round of $1,400 relief payments.
Where Will The Money Come From To Pay For Biden Infrastructure Plan?
Thursday, April 01, 2021
President Biden proposed a $2 trillion investment in the nation's neglected infrastructure. Most of the bill would fall on corporations, but it is already facing pushback from the business community.