Scott Horsley
Scott Horsley is NPR's Chief Economics Correspondent. He reports on ups and downs in the national economy as well as fault lines between booming and busting communities.
Horsley spent a decade on the White House beat, covering both the Trump and Obama administrations. Before that, he was a San Diego-based business reporter for NPR, covering fast food, gasoline prices, and the California electricity crunch of 2000. He also reported from the Pentagon during the early phases of the wars in Iraq and Afghanistan.
Before joining NPR in 2001, Horsley worked for NPR Member stations in San Diego and Tampa, as well as commercial radio stations in Boston and Concord, New Hampshire. Horsley began his professional career as a production assistant for NPR's Morning Edition.
Horsley earned a bachelor's degree from Harvard University and an MBA from San Diego State University. He lives in Washington, D.C.
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Federal Reserve chairman Jerome Powell signaled that he's increasingly confident inflation will soon be tamed, and that he and his colleagues will soon cut interest rates to avoid hurting the job market. -
A preliminary report from the Labor Department shows U.S. employers added 818,000 fewer jobs in the year ending in March than initially reported. The news comes during an election season in which the economy is a key issue. -
Potentially big changes are coming to the way real estate agents are paid. Backers say it will save money in the long run, but it will likely take some time for homebuyers and sellers to adjust.
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Inflation eased in July, which likely clears the way for the Federal Reserve to start cutting interest rates next month. Housing costs remain stubbornly high, though.
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Inflation fell to its lowest level in more than three years in July. Consumer prices were up 2.9% from July 2023, clearing the way for the Federal Reserve to start cutting interest rates in September.
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Mortgage rates fell to 6.47% this week, prompting a flurry of refinancing activity. Rates are still much higher than they were a few years ago, however, leaving many homeowners reluctant to move. -
The stock market fell sharply on Monday, raising questions about the health of the U.S. economy. What caused the decline?
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Stocks fell sharply across the globe on Monday, as worries about the U.S. economy triggered a worldwide sell-off. The Dow Jones Industrial Average tumbled more than 1,000 points or 2.6%. -
The stock market tumbled Friday after a weaker-than-expected jobs report. Together with a gloomy factory survey, the news has investors worried about a broader economic slowdown.
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U.S. employers added just 114,000 jobs in July as the unemployment rate rose to 4.3%. The weaker-than-expected report is adding to fears of an economic slowdown.
