Scott Horsley
Stories
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The government can now get back to measuring the economy with shutdown over
Now that the government shutdown is over, federal number crunchers are back at work. It could take time, though, to make up for the jobs reports and inflation scorecards we missed in the last 6 weeks.
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Visa and Mastercard reach swipe fee settlement with merchants
Visa and Mastercard say they've reached a deal to resolve a long-running battle with businesses over "swipe fees." But retailers and restaurants say it doesn't go far enough.
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Many would-be buyers are frozen out of the housing market
Only about one in five homes sold in the last year went to a first-time buyer. And the average person buying their first home was 40 years old — a record high. A new report from the National Association of Realtors shows how challenging it's become for young people to get a foothold in today's costly housing market.
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Is the job market getting worse? As the shutdown continues, this is what we know
For the second month in a row, a government report on employment and unemployment has been delayed by the federal shutdown. That leaves analysts looking for other signs to gauge the job market.
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Is your electric bill going up? AI is partly to blame
Across the country, demand for electricity is on the rise — and so is the price of electric power.
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Yes, Trump's tariffs are raising billions -- but at a steep economic cost
Trump's tariffs are raising tens of billions of dollars for the federal government. They're also costing consumers, frustrating businesses and hurting the factories they're supposed to help.
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Supreme Court to hear arguments about tariff legality
Ahead of the Supreme Court arguments about President Trump's tariff policy, here's what we know about how tariffs have impacted the U.S. economy.
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New Jersey and Virginia's races will be powered by the soaring cost of electricity
New Jersey and Virginia have seen double-digit electricity rate hikes in the last year as voters in those states prepare to choose new governors.
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The Fed cuts interest rates to bolster job market
The Federal Reserve is making it a little bit cheaper to borrow money. The central bank hopes to prop up the job market. But it's making no promises that rates will fall further in December.
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Federal Reserve cuts interest rates again as concerns grow about U.S. job market
The Federal Reserve lowered its benchmark interest rate today for the second time in six weeks. The central bank is trying to shore up the sagging job market.
