Scott Horsley
Stories
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National
Employers Still Can't Find Enough Workers, Right When Business Would Be Booming
Employers are hiring aggressively but still can't find enough cooks, drivers or waiters at a time when millions of Americans remained unemployed. This tension is especially felt by small businesses.
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Health
Federal Reserve Will Continue Supporting The Economy Despite Surging Prices
The Fed is maintaining its easy money policies for now in an effort to speed the economic recovery. It left interest rates near zero despite a jump in consumer prices.
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Business
GOP Senators Move To End Pandemic Unemployment Benefits Early
Republican-lead states are moving to end enhanced unemployment benefits early, arguing that the extra pandemic-related funding from the federal government is keeping employers from finding workers.
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Health
Inflation Is Surging. The Price Of A Toyota Pickup Truck Helps Explain Why
The Labor Department says consumer prices jumped 5% for the 12 months ending in May. That's the sharpest increase in nearly 13 years, as the economy rebounds from the pandemic recession.
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Economy
Labor Department Keeps Watch On Inflation With Consumer Price Index
The Labor Department reports on the latest inflation data on Thursday. It comes after the consumer price index rose 4.2% in April from a year ago — the highest in more than a dozen years.
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National
Inflation Has Surged From The Pandemic Recession — But That Isn't Stopping Buyers
The price of cars is climbing fast. So is the price of gasoline. The Labor Department may also offer its own version of sticker shock when it reports on the rise in consumer prices Thursday.
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Health
Hiring Picked Up Last Month, A Relief For An Economy Desperate For Workers
U.S. employers added 559,000 jobs last month, as the unemployment rate fell to 5.8% from 6.1% in April. Employers say they could use even more workers as demand surges and pandemic fears recede.
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Business
Labor Department Releases Job Numbers For May
The Labor Department is set to report jobs data for May amid a political fight over whether extended unemployment benefits are dissuading Americans from rejoining the workforce.
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Politics
Think Inflation Is Bad Now? Let's Take A Step Back To The 1970s
Prices are jumping as the economy rebounds from the pandemic, but the Biden Administration and the Federal Reserve say a return to 1970s-style inflation is unlikely.
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Politics
Biden Wants To Measure How Climate Change Impacts America's Finances
President Biden signed an executive order Thursday that aims to safeguard families, businesses, and the government from the financial fallout of a changing climate.