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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Electricity prices are rising more than twice as fast as overall inflation. That's especially costly during the dog days of summer when air conditioners are working hardest. In addition to hot weather, a variety of factors are causing power bills to climb, including the high cost of natural gas used to generate electricity and soaring demand from data centers. -
This week's inflation report showed core inflation remains stubbornly high. But the stock market rallied Tuesday on hopes the Federal Reserve will be able to cut interest rates in September.
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Inflation remained elevated last month as President Trump's tariffs continued to make their way into the prices that consumers pay. The average cost of living in July was up 2.7%. -
President Trump plans to tap an economist from the conservative Heritage Foundation to oversee the Bureau of Labor Statistics. He fired the previous leader after a disappointing jobs report. -
New tariffs took effect this week that forecasters say will lead to higher prices and slower economic growth. But the stock market is still booming.
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Higher tariffs take effect today on imports from many U.S. trading partners. The import taxes are raising tens of billions of dollars for the government, but also beginning to weigh on the U.S. economy.
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New and higher tariffs are set to take effect this week, amid signs the president's economic policies are resulting in higher prices and slower economic growth.
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The U.S. job market slowed sharply this spring, as President Trump's tariffs took effect. Trump is calling for even higher import taxes in the coming week.
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President Trump announced new tariffs Thursday, and a jobs report out Friday fell short of expectations. We look at the political and economic fallout.
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Mexico has won a temporary reprieve from higher US tariffs but other imports from other countries will face higher taxes, starting tomorrow. Meanwhile, a federal appeals court is weighing whether President Trump's tariffs are even legal.
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The Federal Reserve held interest rates steady this week, despite demands for lower rates from President Trump. The move comes as the Commerce Department reports modest growth in the U.S. economy.
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The Federal Reserve left its benchmark interest rate unchanged Wednesday, but a rate cut is possible in September. President Trump has been urging the central bank to lower borrowing costs.
