Scott Horsley
Stories
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Business
Inflation has cooled a lot. So why do things still feel so expensive?
Inflation has cooled significantly recently, but you may still find yourself paying more at the grocery store. What gives? Here's a primer on what easing inflation actually means.
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Business
The Fed held interest rates as inflation shows signs of cooling
The Federal Reserve held interest rates steady today, amid signs of cooling inflation. Policymakers also offered some forecasts of what might be in store next year.
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Business
The Fed leaves interest rates unchanged but sees scope to cut them next year
The Federal Reserve held interest rates steady on Wednesday, amid signs of easing inflation. The central bank signaled that its benchmark borrowing rate may start to fall next year.
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Business
Inflation is down as gas and grocery prices fall
Inflation dipped to 3.1% last month — less than half what it was at the beginning of the year. Falling gasoline prices helped to offset rising rents and medical bills last month.
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Business
Inflation continues to moderate thanks to a big drop in gas prices
Consumer prices rose 3.1% in November from a year ago, marking a more moderate pace of inflation thanks in large part to falling gasoline prices.
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Business
The labor market stays robust, with employers adding 199,000 jobs last month
U.S. employers added 199,000 jobs in November, higher than the 150,000 jobs created in the previous month, reflecting in part the return of striking UAW and Hollywood workers.
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Food
Here's what will cost you more — and less — for the big Thanksgiving feast
The cost of a traditional Thanksgiving feast is slightly lower this year than last, thanks in large part to falling turkey prices. Overall grocery inflation has eased significantly in the last year.
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National
The cost of Thanksgiving dinner is down slightly from last year
Pumpkin pie prices are way up this year but turkeys are a relative bargain. A lot of Americans will be giving thanks this holiday for lower inflation at the supermarket.
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Business
As gasoline prices fall, U.S. inflation cools to 3.2%
Consumer prices last month were 3.2% higher than the month before — a smaller annual increase than the previous month. A sharp drop in gas prices in October helped to offset rising rents.
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Business
Tough housing market is luring buyers without kids and higher incomes
A report from the National Association of Realtors shows the average home buyer this past year had a six-figure income. Others face challenges in a period of high prices and costly home loans.