
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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Consumer prices jumped last month as businesses struggled to keep pace with booming demand, but the Biden administration and the Federal Reserve say the uptick in inflation is likely to be temporary.
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The International Monetary Fund predicts the U.S. economy will grow at its fastest pace in decades this year, lifting the outlook for worldwide economic growth.
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The Treasury secretary is adding her support to a widely discussed proposal as part of the Biden administration's tougher approach to corporate taxes.
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U.S. employers added 916,000 jobs in March and the unemployment rate dropped to 6%. President Biden welcomed the Labor Department's strong report, but cautioned the pandemic recession is not over yet.
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Hiring by U.S. employers accelerated sharply amid an improving public health outlook and a new round of $1,400 relief payments.
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President Biden proposed a $2 trillion investment in the nation's neglected infrastructure. Most of the bill would fall on corporations, but it is already facing pushback from the business community.
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Unpaid electric bills ballooned during the pandemic to more than $27 billion, and many now face the risk of having their power shut off.
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Banks closed a record number of branches last year as the pandemic pushed more customers to online and mobile banking.
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Fed Chair Jerome Powell said the U.S. economy is on a path to recovery thanks to the Fed's rescue plan and the stimulus. Total weekly unemployment claims hit their lowest since the pandemic began.
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Claims are still high by historical standards, but it's a sign of slow healing from the worst crisis since the Great Depression. Fed Chair Jerome Powell reflected on that earlier Thursday with NPR.