Scott Horsley
Stories
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Business
The U.S. economy ended 2022 on a high note. This year is looking different
The U.S. economy grew at an annual rate of 2.9% in the final three months of last year — a surprisingly strong finish. But growth is expected to slow in 2023, and possibly even reverse.
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Politics
The politics and economics of a potentially costly showdown over the debt ceiling
With the potential of a default looming, Washington looks for answers on how to solve the debt ceiling impasse.
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Politics
The U.S. could hit its debt ceiling within days. Here's what you need to know.
The U.S. is expected to hit its debt ceiling Thursday, forcing the Treasury to take "extraordinary measures" to pay off its bills. A political stalemate could lead to an unprecedented federal default.
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National
Unemployment has fallen to 3.5%, matching the lowest level in half a century
U.S. employers added 223,000 jobs last month and the unemployment rate fell to just 3.5%, matching the lowest level in half a century. The overall job market remains tight.
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Business
The U.S. job market is still healthy, but it's slowing down as recession fears mount
U.S. employers added 223,000 jobs in December, as the unemployment rate dipped to 3.5%. Despite some high-profile layoff announcements, the overall job market remains tight.
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Business
Why one NPR correspondent finally ditched DVDs for streaming
It was once cutting edge to get DVDs in the mail for a low monthly subscription. Then came the fragmented world of streaming. But what about the last holdouts who are all about the disc?
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Business
In bad news for true loves, inflation is hitting the 12 Days of Christmas
Partridge prices were flat this year, but the cost of pear trees jumped more than 25%. PNC bank has run the numbers on all 12 days of Christmas, as it calculates its annual holiday price index.
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Business
The cost of the 12 days of Christmas increased dramatically this year
Partridge prices were flat this year, but the cost of pear trees jumped more than 25%. PNC bank has run the numbers on all 12 days of Christmas — as it calculates its annual Holiday Price Index.
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Business
5 takeaways from the front lines of the inflation fight
Inflation may be slowing, but prices are still climbing much faster than Americans are used to. The Federal Reserve's dramatic steps to bring it to heel appear to be working - somewhat.
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Business
The Fed continues its crackdown on inflation, pushing up interest rates again
The Federal Reserve raised interest rates by half a percentage point Wednesday, as it continues its crackdown on slowing but stubborn inflation.