Scott Horsley
👤 SpeakerAppearances Over Time
Podcast Appearances
The war with Iran has not only pushed up global crude oil prices, but also caused a spike in the cost of natural gas.
If sustained, that could drive up already high heating and electricity bills.
Airline stocks are lower on the threat of rising fuel oil prices, and Amazon shares opened down after drones demonstrated
damaged Amazon facilities in Bahrain and the United Arab Emirates as Iran responds to U.S.
Scott Horsley, NPR News, Washington.
Wholesale prices jumped by half a percent last month, a bigger increase than investors had expected.
Stubborn inflation means the Federal Reserve is likely to take its time before ordering any additional cuts in interest rates.
Shares the fintech company Block bucked the downward trend in the market and launched big gains after the company announced plans to lay off about 40 percent of its workforce.
CEO Jack Dorsey says the company, formerly known as Square, will use artificial intelligence to make up for the thousands of laid-off workers.
The AI boom is generating both excitement and anxiety.
OpenAI says it's attracted more than $100 billion worth of investment from Amazon and other tech giants.
Scott Horsley, NPR News, Washington.
Wholesale prices jumped by half a percent last month, a bigger increase than investors had expected.
Stubborn inflation means the Federal Reserve is likely to take its time before ordering any additional cuts in interest rates.
Shares the fintech company Block bucked the downward trend in the market and launched big gains after the company announced plans to lay off about 40 percent of its workforce.
CEO Jack Dorsey says the company, formerly known as Square, will use artificial intelligence to make up for the thousands of laid-off workers.
The AI boom is generating both excitement and anxiety.
OpenAI says it's attracted more than $100 billion worth of investment from Amazon and other tech giants.
Scott Horsley, NPR News, Washington.