Scott Horsley appears in the following:
Payroll Tax Delay To Boost Take-Home Pay, But Don't Spend It Yet
Wednesday, August 12, 2020
President Trump has directed the Treasury Department to stop collecting payroll taxes this fall in an effort to boost workers' paychecks. But the move is temporary, and could spark headaches in 2021.
White House Economic Adviser On Relief During The Pandemic
Tuesday, August 11, 2020
NPR's Ari Shapiro talks with Joseph Lavorgna, chief economist of the White House's National Economic Council, about economic relief during the coronavirus pandemic and the priorities going forward.
Tell Your Story: How Are You Coping In The Coronavirus Economy?
Tuesday, August 11, 2020
It's been about five months since our economy ground to a halt. How has the pandemic affected your job, your finances and your family?
U.S. Employers Add 1.8 million Jobs In July
Friday, August 07, 2020
While U.S. employers added 1.8 million jobs in July, the pace of hiring was slower than a month earlier. And with tens of millions still out of work, it could be a long road back to full employment.
Long Road To Recovery: Hiring Slows In July, As U.S. Employers Add 1.8 Million Jobs
Friday, August 07, 2020
U.S. employers added 1.8 million jobs in July, down from 4.8 million the month before. The unemployment rate inched down to 10.2%.
Congress Fails To Reach Agreement On New COVID-19 Relief Bill
Friday, August 07, 2020
Congress is stalled in the latest round of stimulus talks, as they try to negotiate another round of pandemic relief payments. What are the economic consequences for Americans?
U.S. Economy On High Alert Over Shaky Future Of Extra Jobless Benefits
Thursday, August 06, 2020
As Congress debates whether to renew supplemental unemployment benefits for people thrown out of work by the pandemic, new research shows those benefits offer a critical boost for the U.S. economy.
Pandemic-Weakened U.S. Economy Threatens Trump's Hopes For Reelection
Friday, July 31, 2020
The coronavirus continues to take a toll on the U.S. economy, endangering President Trump's chances for reelection. But the White House has done little to advance economic recovery efforts.
The Pandemic Has Hit Some Businesses Hard, Others Are Benefiting
Friday, July 31, 2020
In a week of bleak economic news, some companies are finding ways to prosper. Amazon notched record profits during its most recent quarter, but Google's parent company saw its first drop in sales.
Experts Doubt The Strength Of Economy's Recovery As Coronavirus Rates Grow
Thursday, July 30, 2020
The pandemic triggered a historic drop in the U.S. economy this spring. And a hoped-for summer rebound could be short-circuited, as infection rates grow around the country.
3 Months Of Hell: U.S. Economy Drops 32.9% In Worst GDP Report Ever
Thursday, July 30, 2020
The coronavirus triggered the sharpest economic contraction in modern history in the second quarter as the pandemic hammered the economy, the Commerce Department said Thursday.
Fed Wraps Up Policy Meeting Over Ways To Fortify Economy Shaken By The Pandemic
Wednesday, July 29, 2020
The Federal Reserve wrapped up a two-day policy meeting Wednesday. The central bank has moved aggressively to prop up the economy, but Fed Chairman Jerome Powell said more help might be needed.
The End Of $600 Unemployment Benefits Will Hit Millions Of Households And The Economy
Monday, July 20, 2020
Millions of Americans who lost jobs during the pandemic are in danger of having their incomes cut for a second time. The sudden halt in payments would be felt in households and throughout the economy.
Unemployment Remains High, But Spending Is Improving Amid Coronavirus Pandemic
Saturday, July 18, 2020
Consumer spending is rebounding, yet Americans continue to file for unemployment week after week, something Congress has to consider as it moves to shore up the pandemic U.S. economy.
Federal Tax Filing Deadline Arrives
Wednesday, July 15, 2020
Wednesday is the deadline for Americans to file their tax returns. Thousands of IRS agents are still working from home, and many of the volunteers have been sidelined by the pandemic.
Stay-At-Home Improvement: DIY Builders Help Drive Up Lumber Prices
Tuesday, July 14, 2020
With summer travel plans on hold because of the pandemic, a lot of Americans are putting money into projects around the house. That's taxing lumber supplies and pushing prices higher.
Red Ink Overflowing: In June, U.S. Borrowed A Typical Year's Worth
Monday, July 13, 2020
The federal deficit is ballooning as the government tries to cushion the blow from the coronavirus pandemic. June's shortfall totals $864 billion — more than in an entire typical year.
'Devastated': As Layoffs Keep Coming, Hopes Fade That Jobs Will Return Quickly
Thursday, July 09, 2020
Applications for jobless benefits are up again. "What we're seeing now is that lots more people who are unemployed are going to be unemployed for a longer period of time," economist Nick Bunker says.
CFPB Strips Some Consumer Protections For Payday Loans
Tuesday, July 07, 2020
Federal regulators issue a new rule that removes a key provision crafted during the Obama administration. Lenders no longer have to check that borrowers can repay a loan.
Surge In Coronavirus Cases Could Short-Circuit Economic Recovery
Tuesday, July 07, 2020
Restaurants, retail shops, and other service industries are starting to bounce back from the deep recession. But those gains could be jeopardized by a rise in new coronavirus infections.