Scott Horsley
Stories
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Politics
The Federal Budget Deficit Is Getting Bigger As Spending Grows
The deficit is expected to swell to $960 billion this year and average $1.2 trillion in each of the next 10 years, according to congressional budget forecasters. They also expect the economy to slow.
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Politics
Trump Dismisses Recession Fears, Saying Fed Must Help The Economy
The Trump administration pushed back hard against warnings of an economic slowdown. But the president is also calling on the Federal Reserve to cut interest rates again to help boost growth.
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Business
Stock Markets Take A Breather After Steep Drop
Investors paused to catch their breath Thursday after the stock market suffered its worst drop of the year the day before. Consumer spending is still strong, despite signs of a looming recession.
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Politics
Trump's New Tariff Target List: Flags In, Bibles Out, Frog Meat Delayed
The Trump administration tweaked its list of Chinese imports subject to a 10% tariff this fall. We found some surprises buried in the thousands of tariff line items.
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Business
Trump Administration Postpones Tariffs On Some Popular Chinese Imports
The Trump administration is postponing tariffs on some popular Chinese imports from Sept. 1 until Dec. 15. The move is a significant retreat in the trade war. Stocks rose on the news.
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Politics
Trump Administration Delays Some China Tariffs
The Trump administration is postponing some tariffs on Chinese imports set to take effect on Sept.1. Tariffs on laptops, cellphones, some clothing and other items are now set to begin Dec. 15.
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Arts & Life
'Kochland' Explores How The Famous Brother Duo Made Their Money
The Koch brothers' wide-ranging influence is no secret. But rather than focusing on how they spend their money, Christopher Leonard presents a richly reported tale of how they got it.
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Food
Chicken Plants See Little Fallout From Immigration Raids
The Trump administration says its crackdown helps discourage illegal immigration. But workers' advocates warn it leaves vulnerable employees open to exploitation and unsafe working conditions.
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Politics
Get Ready For Higher Prices If New Tariffs Hit Goods From China, Retailers Warn
Retailers predicted rising prices if President Trump goes through with his threat to add new tariffs to Chinese imports. Meanwhile, the White House announced a deal to boost beef exports.
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National
With Jobs Numbers Like These, It's Hard To See Why The Economy Is Slowing
The U.S. economy is slowing down, but it keeps creating jobs at a healthy pace. Employers added 164,000 jobs last month — as analysts had projected — and the unemployment rate held steady at 3.7%.