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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Only about one in five homes sold in the last year went to a first-time buyer. And the average person buying their first home was 40 years old — a record high. A new report from the National Association of Realtors shows how challenging it's become for young people to get a foothold in today's costly housing market.
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For the second month in a row, a government report on employment and unemployment has been delayed by the federal shutdown. That leaves analysts looking for other signs to gauge the job market.
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Across the country, demand for electricity is on the rise — and so is the price of electric power.
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Trump's tariffs are raising tens of billions of dollars for the federal government. They're also costing consumers, frustrating businesses and hurting the factories they're supposed to help.
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The Federal Reserve cut its benchmark interest rate by a quarter percentage point Wednesday, because the central bank is more concerned about the job market than it is with battling inflation.
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The federal government recalled some furloughed workers specifically to produce the inflation report, which plays a key role for Social Security beneficiaries.
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Farmers are struggling this fall despite a bountiful harvest. Production costs are high, crop prices are low and the trade war has closed off one of their biggest markets.
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Joel Mokyr, Philippe Aghion and Peter Howitt won the Nobel memorial prize in economics Monday for their research on how technological innovation fuels economic growth and creative destruction.
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The government's monthly jobs report was not published Friday as a result of the federal shutdown. That's left businesses and policymakers in the dark about the strength of the U.S. job market.
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Trump's pick to lead the agency tracking unemployment and inflation has withdrawn after withering criticism from across the political spectrum. The White House says a new nominee will be named soon.