Scott Horsley
Stories
-
The GOP's massive bill would benefit the rich the most -- while hitting the poor
The top 10% of earners in the U.S. would see the biggest gains under the GOP tax and spending package, according to congressional forecasters, but those at the bottom of the income ladder would be worse off.
-
Inflation is holding steady as Trump's tariffs have yet to fully hit
Inflation is holding steady as
-
Immigration crackdowns pose problems to businesses reliant on those in U.S. illegally
Trump's immigration crackdown is driving some people out of the country and others underground. That poses a challenge for businesses that have relied on workers who are in the U.S. illegally.
-
Trump's trade war is raising money for the government, but at whose expense?
Tariff collections are up sharply in the last 2 months. Congressional forecasters say tariffs could help reduce the federal debt, but they'll also lead to higher inflation and slower economic growth.
-
Hiring slowed in May, as employers added 139,000 jobs
U.S. employers added 139,000 jobs in May — a modest slowdown from the previous month. The unemployment rate held steady at 4.2%, as the workforce shrank.
-
CBO says Trump's tariffs could cut U.S. deficit by $2.8 trillion over 10 years
A forecast from the nonpartisan Congressional Budget Office this week says Trump's tariffs could shave $2.8 trillion off the federal debt over the next decade, if they remain in place.
-
Trump's tariffs could cut deficit by $2.8 trillion over next decade — with caveats
Forecasters at the Congressional Budget Office say President Trump's tariffs could shave $2.8 trillion off the federal debt if they remain in place for a decade. That's a big if.
-
Trump's tariffs could cut deficit by $2.8 trillion over next decade -- with caveats
The Congressional Budget Office projected President Trump's tariffs could raise trillions of dollars over the next decade — but they could also lead to higher inflation and slower economic growth.
-
With steel tariffs doubling today, a North Carolina manufacturer wonders how to compete
President Trump is doubling tariffs on steel and aluminum to 50%. It's designed to protect domestic steel and aluminum workers, but critics say it will raise prices for those that use the metals.
-
Businesses and trading partners are in limbo after a pair of federal court rulings
Imports to the U.S. fell sharply last month, as President Trump's worldwide tariffs took effect. But the future of those tariffs is in question after a pair of federal court rulings this week.
