Scott Horsley
👤 SpeakerAppearances Over Time
Podcast Appearances
Bloomberg reports that China's government has ordered airlines in that country not to accept any more jets from Boeing. That's the latest move in the U.S.-China trade war. Boeing stock fell. Bank of America shares opened higher, as the bank reported better-than-expected profits for the most recent quarter. CEO Brian Moynihan says bank forecasters are not projecting a U.S.
recession this year, although he acknowledged what he called a changing economy in the future. Scott Horsley, Empire News, Washington.
recession this year, although he acknowledged what he called a changing economy in the future. Scott Horsley, Empire News, Washington.
You want to follow what's happening in Washington, D.C., but you don't want to be scrolling your phone all day. I'm Scott Detrow, and NPR has a podcast that can help. It's called Trump's Terms. Stories about big changes the 47th president is pursuing on his own terms. They're short, they're focused episodes that tell you calmly, factually, what is happening and what isn't.
You want to follow what's happening in Washington, D.C., but you don't want to be scrolling your phone all day. I'm Scott Detrow, and NPR has a podcast that can help. It's called Trump's Terms. Stories about big changes the 47th president is pursuing on his own terms. They're short, they're focused episodes that tell you calmly, factually, what is happening and what isn't.
Listen to Trump's Terms from NPR.
Listen to Trump's Terms from NPR.
The tariffs that are still in place include a 10 percent tax on imports from most countries around the world and a whopping 145 percent tax on goods from China. Economists at the Yale Budget Lab say these are the highest tariffs the U.S. has had since early in the last century.
The tariffs that are still in place include a 10 percent tax on imports from most countries around the world and a whopping 145 percent tax on goods from China. Economists at the Yale Budget Lab say these are the highest tariffs the U.S. has had since early in the last century.
Even if imports from China drop sharply because of that triple-digit tax, the tariffs would still be the highest since the 1930s, when a worldwide trade war deepened the Great Depression.
Even if imports from China drop sharply because of that triple-digit tax, the tariffs would still be the highest since the 1930s, when a worldwide trade war deepened the Great Depression.
Something known as price stickiness is an economic concept describing how prices that go up quickly come down slowly, or not at all. Kenneth Louie is director of the Economic Research Institute of Erie at Penn State University.
Something known as price stickiness is an economic concept describing how prices that go up quickly come down slowly, or not at all. Kenneth Louie is director of the Economic Research Institute of Erie at Penn State University.
One factor could be manufacturers eventually shifting their supply chains away from the U.S. at a cost they would likely pass on to consumers. Scott Newman, NPR News, Washington.
One factor could be manufacturers eventually shifting their supply chains away from the U.S. at a cost they would likely pass on to consumers. Scott Newman, NPR News, Washington.
Inflation cooled even more than expected last month, thanks in part to a big drop in gasoline prices. Overall, prices in March were up 2.4 percent from a year ago. Prices actually fell slightly between February and March, although grocery prices continue to climb.
Inflation cooled even more than expected last month, thanks in part to a big drop in gasoline prices. Overall, prices in March were up 2.4 percent from a year ago. Prices actually fell slightly between February and March, although grocery prices continue to climb.
Investors would ordinarily welcome the positive inflation news, but there are lingering concerns that President Trump's trade warp could push prices higher in the months to come. While Trump has now suspended many of his new tariffs for 90 days... He left in place a 10 percent tax on nearly everything the U.S.
Investors would ordinarily welcome the positive inflation news, but there are lingering concerns that President Trump's trade warp could push prices higher in the months to come. While Trump has now suspended many of his new tariffs for 90 days... He left in place a 10 percent tax on nearly everything the U.S.
imports, along with a much higher tax that could more than double the price of goods coming in from China. Scott Horsley, NPR News, Washington.