Scott Horsley
Stories
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Federal Reserve holds benchmark interest rate steady amid wartime uncertainty
The Federal Reserve held its benchmark interest rate steady this week. The central bank says it's too soon to know how the wartime spike in energy prices will affect overall inflation.
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Federal Reserve holds a key interest rate steady amid growing economic pressures
The Federal Reserve held its benchmark interest rate steady today. The central bank is wrestling with a lot of uncertainty with a weak job market and stubborn inflation.
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The Federal Reserve is facing tough choices as the economy faces deep uncertainty
The Federal Reserve's job is expected to hold its benchmark interest rate steady as it faces inflationary pressure from the war with Iran — and a weakening labor market.
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Judge blocks DOJ's criminal probe of Federal Reserve, blasting it as political
A federal judge has put the brakes on a criminal probe of the Federal Reserve, saying it was part of an improper campaign by the Trump administration to pressure the central bank into cutting interest rates.
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Egg prices have taken a beating. What's behind the drop?
A year ago, eggs were scarce and prices were sky-high. But avian flu took a much smaller toll on America's egg-laying chickens this winter than last, and egg prices have tumbled 42%.
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Just in time for Easter, egg prices drop sharply
A year ago, eggs were the poster child for runaway grocery prices. But egg prices have fallen sharply in the last 12 months.
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No lawsuits required: U.S. Customs is working on a system to refund tariffs
U.S. Customs told the trade court it aims for a streamlined process in 45 days to return importers' money without requiring individual lawsuits.
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The U.S. unexpectedly loses 92,000 jobs, adding to worries about the economy
The job market showed further signs of weakness last month as employers cut 92,000 jobs. The unemployment rate inched up to 4.4%, from 4.3% in January.
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Gas prices jump and stocks plunge as fallout from the war with Iran spreads
Oil prices are up and stock prices are down, as financial markets react to the U.S. war with Iran.
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U.S. gasoline prices set to jump with Iran war
The U.S. war with Iran is rattling energy and financial markets. Gasoline prices jumped overnight while stock prices tumbled.
