Scott Horsley
Stories
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Health
'Devastated': As Layoffs Keep Coming, Hopes Fade That Jobs Will Return Quickly
Applications for jobless benefits are up again. "What we're seeing now is that lots more people who are unemployed are going to be unemployed for a longer period of time," economist Nick Bunker says.
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Business
CFPB Strips Some Consumer Protections For Payday Loans
Federal regulators issue a new rule for payday lenders that strips out a key provision crafted during the Obama administration. Lenders no longer have to check that borrowers can repay a loan.
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Health
Hiring Surged In June. Employers Added 4.8 Million Jobs Before New Spike In Infections
U.S. employers added 4.8 million jobs last month as the unemployment rate fell to 11.1%. There are indications that the job growth has slowed recently amid a surge of new coronavirus infections.
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Business
Monthly Unemployment Numbers: Job Market Recovering Slowly During Pandemic
The Labor Department issues its monthly report on employment and unemployment Thursday. The job market is slowly recovering from a tidal wave of layoffs triggered by the coronavirus pandemic.
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Health
Wallets Are Already On Lockdown: People Pare Spending As Sunbelt Cases Surge
People aren't waiting for governors or mayors to make the decision for them. Real-time data show they cut back on spending when they're worried about being infected with the coronavirus.
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Politics
President Trump Declares The 'Phase One' Of Trade Deal With China Is 'Fully Intact'
President Trump declared that the trade deal with China is still on, despite growing friction between the two countries. China has increased purchases of U.S. goods but is still short of its promises.
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Health
The Latest Pandemic Shortage: Coins Are The New Toilet Paper
In another sign of how the coronavirus crisis is disrupting commerce, banks are running short of nickels, dimes and quarters. The Federal Reserve, which supplies banks, is having to ration change.
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Coins May Be The Next Item In Short Supply Amid COVID-19 Pandemic
Nickels, dimes, quarters, and pennies aren't circulating the way they normally do since the pandemic. It's forced the Federal Reserve to temporarily ration coins that businesses need to make change.
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Education
A Teacher Ponders Risk Of Returning To Work While Being Paid Less Than Unemployment
Lainy Morse, a preschool teacher, dreads going back to a classroom filled with kids who don't understand hand-washing or social distancing. And she'd make less than she does on unemployment.
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National
Supermarket Prices Still Climbing Amid Coronavirus Pandemic
Even as restaurants start to re-open, analysts say we're likely to keep eating more of our meals at home for some time to come, which is affecting grocery prices.