Scott Horsley
Stories
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Shaky personal finances aren't stopping Americans' summer travel plans
Memorial Day marks the start of the summer travel season. Many Americans are feeling more budget-conscious but that won't stop them from hitting the road.
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President Trump rattles markets again with new tariff threats
President Trump rattled markets again Friday with new tariff threats. The president is calling for high taxes on imported iPhones and goods from Europe.
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No more pennies: In big change, Treasury will stop minting them
In a cost-cutting move, the Treasury Department will soon stop minting new pennies. The one-cent coins will still be legal tender. There are more than 100 billion pennies in circulation but many are gathering dust in change jars and forgotten pockets.
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Taxing questions for IRS nominee
The Senate Finance Committee held a hearing today on President Trump's nominee to lead the IRS. It comes as the agency has laid off thousands of workers, including nearly a third of its auditors.
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What a Texas showerhead salesman discovered about 'Made in the USA' labels
A Texas showerhead salesman wanted to know how much more customers would pay to buy a product that's made in the USA. The answer could pour cold water on President Trump's plan to encourage more companies to open factories in the U.S.
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A Texas salesman discovers the truth about 'Made in the U.S.A': no one's buying
A shower head vendor in Texas asked customers if they'd be willing to pay more for a product that was made in the USA. The answers poured cold water on claims of patriotic purchases.
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Inflation cools in April — but tariffs could upend the picture in coming months
Consumer prices in April were up 2.3% from a year ago, the smallest annual increase in more than four years. Grocery prices fell 0.4%, thanks to a large drop in the price of eggs.
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First, relief. Then, a scramble to get stuff in after U.S. cuts China tariffs for now
Although business owners welcomed a temporary deal with China to slash tariffs, there's still considerable uncertainty about what happens next.
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Stocks soar after U.S. and China agree to temporarily slash tariffs
Stocks soared — and businesses breathed a sigh of relief — as the U.S. and China agreed to temporarily slash their triple-digit tariffs.
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Trump is looking to use the IRS for his own political ends. Nixon tried it too
President Trump is looking to use the IRS to achieve some of his political goals. Some experts see parallels with Nixon's efforts to interfere with the agency.
