Scott Horsley
Stories
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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.
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The Fed is expected to cut interest rates as job market shows signs of weakness
The Federal Reserve is expected to cut its benchmark interest rate by a quarter percentage point because the central bank is more concerned about the job market than it is with battling inflation.
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Inflation rose less than expected in September, the U.S. belatedly reports
The federal government recalled some furloughed workers specifically to produce the inflation report, which plays a key role for Social Security beneficiaries.
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'Everybody's got bills to pay': The price of a prolonged government shutdown
The government shutdown's economic impact has been limited so far, but experts warn the costs -- and its burden on Americans -- could grow with time.
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Despite big harvests, most farmers are losing money
Farmers are struggling this fall, despite a bountiful harvest. High costs and low prices mean farmers are losing money on every bushel of corn and soybeans.
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Experts on tech innovations' impacts on standards of living earn economics Nobel
The Nobel Prize in Economics was awarded today two three professors -- two in the U.S. and one in Europe -- for their research on how technology and "creative destruction" fuels economic growth.
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3 share Nobel Prize in Economics for work on technology, growth and creative destruction
Joel Mokyr, Philippe Aghion and Peter Howitt won the Nobel memorial prize in economics Monday for their research on how technological innovation fuels economic growth and creative destruction.
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Head of Social Security tapped to run IRS, sparking concerns
Frank Bisignano has been tapped to run the IRS, but he's already in charge of the Social Security Administration. Critics worry one person running two critical agencies is a mistake.
