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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U.S. GDP shrank in the first few months of the year, but the economy may be sturdier than it looks.
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Yellen's counterparts from the U.K. and Canada joined the walkout to protest Russia's invasion of Ukraine.
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Americans have cut back what they're buying at gas stations and grocery stores in response to rising prices. But their spending overall has remained fairly steady.
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With inflation at a four-decade high, a growing number of forecasters worry the U.S. economy may be headed to a recession as the Fed gears up to raise interest rates aggressively.
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Consumer prices in March were up 8.5% from a year ago — the sharpest increase since December of 1981. Stubbornly high inflation is a challenge for the U.S. economy and the Biden administration.
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Inflation in March was the highest since December of 1981, with prices up 8.5% from a year ago. Rising prices are especially hard on low-income people, who spend more of their money on necessities.
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High inflation and the resulting crackdown by the Federal Reserve are fueling worries that the U.S. could be headed for a recession.
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U.S. employers added 431,000 jobs in March, as the unemployment rate fell to 3.6% from 3.8% in February. The tight job market is putting upward pressure on both wages and prices.
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Soaring gasoline prices have fueled increased demand for electric cars, hybrids and smaller gasoline-powered vehicles. But shoppers may not find much to choose from.
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High gasoline prices are boosting demand for more fuel-efficient vehicles. But some customers shopping for hybrids or electric cars are turned off by the rising sticker prices and limited selection.