Scott Horsley
Stories
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Employers added only 12,000 jobs in October. That seems bad -- but there's a catch
U.S. employers added just 12,000 jobs last month — but the number was depressed by a machinists' strike at Boeing and Hurricanes Helene and Milton.
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Ahead of the election, Labor Department reports on the strength of the job market
Voters consistently say the economy in a top issue in this year’s presidential contest. And with just a few days of voting left, the U.S economy appears to be in good shape.
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The U.S. economy is growing solidly. Here's what's working — and what's not
The U.S. economy grew at an annual rate of 2.8% in the third quarter, led by strong consumer spending. The news comes days before a presidential election in which the economy has been top of mind for many voters.
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Damage from Helene and Milton could cost tens of billions of dollars to fix
Cleanup crews are still tallying the damage from Hurricanes Helene and Milton. The price tag is expected to be in the tens of billions of dollars. A string of disasters is driving up insurance costs.
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Research into the root of wealth and poverty among nations wins Economics Nobel Prize
The Nobel Prize in Economics was awarded Monday to a trio of U.S.-based researchers, for their study of the institutional roots of wealth and poverty among nations.
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Nobel Prize in Economics goes to 3 American economists who study global inequality
The prize is shared by Daron Acemoglu and Simon Johnson of MIT and James Robinson of the University of Chicago. They will split the prize money of 11 million Swedish krona or about $1.058 million.
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Residents in hurricane-affected states are complaining of 'price gouging.' What is it?
Price gouging is both difficult to define and difficult to counter.
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Out today: The good news and bad news about inflation
Inflation cooled less than expected in September. Consumer prices were up 2.4% from 2024. The government announced that Social Security recipients will get a cost of living increase of 2.5% in 2025.
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The U.S. saw stunningly strong growth in jobs last month. Here's what to know
U.S. employers added more than a quarter million jobs in September, while the unemployment rate fell to 4.1%. Here's what to know about the data.
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Why bananas may become one of the first casualties of the dockworkers strike
One of the first places shoppers may feel the effects of the dockworkers' strike is in the produce aisle. Hundreds of tons of bananas are stuck in transit — and they won't keep for long.
