
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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The Trump administration says its crackdown helps discourage illegal immigration. But workers' advocates warn it leaves vulnerable employees open to exploitation and unsafe working conditions.
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China's currency and the U.S. stock market stabilized Tuesday, after a dramatic drop the day before. Experts say the Trump administration was wrong to accuse China of currency manipulation.
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Retailers predict rising prices if President Trump goes through with his threat to add new tariffs to Chinese imports. Meanwhile, the White House announced a deal to boost beef exports.
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The U.S. economy is slowing down, but it keeps creating jobs at a healthy pace. Employers added 164,000 jobs last month — as analysts had projected — and the unemployment rate held steady at 3.7%.
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The quarter-point cut signals growing concern at the Federal Reserve about a slowdown in the economy amid the trade war with China. The Fed last cut rates in 2008 and raised them as late as December.
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U.S. trade negotiators are in Shanghai for talks with their Chinese counterparts this week, but there appears to be little pressure for a settlement in the year-old conflict.
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Liberal Democrats have embraced an obscure brand of economics — "modern monetary theory" — to make the case for deficit-financed government programs like the Green New Deal for clean energy and jobs.
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The Federal Reserve chairman is testifying before Congress this week about challenges the economy faces. Stocks rallied in anticipation the central bank will lower interest rates later this month.
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According to the Labor Department, employers added 224,000 jobs in June, despite a disappointing May. The strong job market could reduce pressure on the Federal Reserve to cut interest rates.
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U.S. employers added 224,000 new jobs in June. That's far more than many analysts were expecting and marks a rebound after a disappointing May.