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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Policymakers will need to patch the Social Security program by 2033 to avoid draconian cuts in benefits, a year earlier than had been predicted. A trust fund for Medicare will run out of cash by 2031. -
Consumer prices in February were 6% higher than a year ago, as inflation continues to ease. The data comes just days after the collapse of two regional lenders is roiling the banking system. -
The Fed was watching closely Tuesday when the new report card on inflation was released. The Fed's efforts to combat inflation have been complicated by recent stresses in the banking industry.
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U.S. employers added 311,000 jobs in February, a modest slowdown from the month before. The jobs report will be closely studied by the Federal Reserve as policymakers try to battle inflation.
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U.S. employers added 311,000 jobs in February, only a modest slowdown from the previous month, indicating the labor market remains hot. The unemployment rate rose to 3.6% from 3.4% in January. -
January was a blockbuster month for job creation as the unemployment rate fell to its lowest level in more than 50 years. February's data is released Friday.
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Former Federal Reserve official Lael Brainard started her new job at the White House this past week. She'll be running the National Economic Council — a clearinghouse for administration policy.
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Americans began the new year with a spending spree, but businesses are not sure how long it can last. There's a lot riding on the answer, since consumer spending is the backbone of the U.S. economy. -
Consumers began 2023 with a surprisingly strong spending spree, but businesses aren't sure it will last. People's spending will play a big role in shaping the economic outlook and future of inflation.
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Inflation cooled only slightly last month as the cost of housing, food and gas rose. Consumer prices in January were 6.4%, compared to a 6.5% inflation rate the month before.
