Scott Horsley
Stories
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Business
'Everything is rising at a scary rate': Why car and home insurance costs are surging
The cost of auto and home insurance is rising much faster than overall inflation, thanks in part to a string of billion-dollar storms. A growing number of people are going without insurance.
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Politics
Here's a big reason why people may be gloomy about the economy: the cost of money
Former Treasury Secretary Larry Summers argues that high interest rates are contributing to people's gloomy economic mood. Sentiment may improve, though, if the Federal Reserve begins to cut rates.
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Business
Mounting toll of natural disasters is partly to blame for rising home, auto insurance
The cost of home and auto insurance has been going through the roof, and not just in disaster-prone parts of the country. That's leading some people to scale back coverage or even do without.
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Business
Checking in on the economy ahead of election season
Shoppers are still spending, just a little less freely than before as inflation remains higher than ideal and keeps interest rates similarly high.
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Business
Two major credit card companies, Capital One and Discover Financial, may join forces
Two of the nation's biggest credit card companies hope to combine forces. Capital One has offered to buy Discover Financial in a deal valued at $35 billion.
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Sports
Good thing, wings cost less and beer's flat: Super Bowl fans are expected to splurge
Super Bowl food: Chicken wings are a bargain this year, but beef prices are climbing. Here's a playbook for staying well fed without having a your wallet thrown for a loss.
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Business
The U.S. created an extraordinary number of jobs in January. Here's a deeper look
U.S. employers added 353,000 jobs in January — far more than forecasters expected. The sizzling job market is good for workers but could cause the Federal Reserve to postpone a cut in interest rates.
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Business
The Federal Reserve holds interest rates steady but signals rate cuts may be coming
The Federal Reserve held interest rates steady on Wednesday, but indicated that rates could fall in the coming months if inflation continues to cool.
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Business
Greyhound stations were once a big part of America. Now, many of them are being shut
Greyhound bus stations are being shut down and redeveloped. The closures are leaving passengers without a warm place to get a snack, use the restroom or wait for the bus.
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Politics
Many experts feared a recession. Instead, the economy has continued to soar
The U.S. economy grew substantially faster in the final months of 2023 than forecasters had expected. For all of last year, the economy grew 3.1% — defying forecasts of a likely recession.