Scott Horsley
Stories
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Here's a Super Bowl riddle: Why are egg prices surging — but not chicken wings?
There is one economic riddle ahead of Super Bowl Sunday: The egg market has been hit hard by avian flu, but wings are abundant and relatively affordable this year. So what gives?
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A threatened tax on imports from Mexico and Canada is on hold for now
President Trump has paused tariffs on imports from Mexico that were set to take effect on Tuesday.
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Trump imposes tariffs on Mexico, China and Canada; retaliation expected
President Trump followed through on his threat to impose steep new tariffs on imports from Mexico, Canada, and China. But he pushed back the effective date until Tuesday.
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Tariffs on Mexico, Canada and China set to go into effect
President Trump is imposing steep new tariffs today on some of America's biggest trading partners. The move could affect the cost of everything from tequila to two-by-fours.
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Businesses, shoppers brace for higher prices if tariffs on Mexico and Canada imports start Saturday
President Trump renewed his threat to impose 25% tariffs on imports from Mexico and Canada as early as this weekend. The move could raise prices on everything from gasoline to guacamole.
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The U.S. economy is still doing well as Americans continue to spend
The U.S. economy grew at an annual rate of 2.3% in the final months of 2024, largely fueled by robust consumer spending. The economy ended the year 2.5% larger than it was a year earlier.
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The Federal Reserve holds interest rates steady as inflation remains stubborn
The Fed held interest rates steady as it continues to combat inflation. President Trump wants to see lower rates, but some of his policies could fuel more price hikes.
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Billionaire investor Scott Bessent is confirmed as Treasury secretary
Bessent won Senate confirmation with the support of more than two dozen Democrats.
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Trump inherits a strong economy by the numbers. What's his plan to lower prices?
President Trump is promising a new golden age for the U.S. economy. Americans are enjoying strong growth and low unemployment, although many are still unhappy about the high cost of living.
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There is one major gift Trump is inheriting from Biden: A good job market
U.S. employers added more than a quarter-million jobs in December, according to the Labor Department. That's far more than forecasters were expecting.
