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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2024 is drawing to a close with the US economy in good shape. Many people are still frustrated by high prices, but attitudes of Republicans and Democrats have moved in opposite directions since the election.
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Lawmakers will have to authorize additional borrowing to pay the government's bills, but there's no reason it has to be done right away — except for politics.
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The Fed lowered interest rates by a quarter percentage point — but stocks slumped after policymakers projected fewer rate cuts next year as inflation remains elevated.
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The Federal Reserve is expected to lower its benchmark interest rate today. But additional rate cuts next year are in question, as inflation remains elevated.
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Businesses are divided over Trump's plan to impose sweeping tariffs. Some companies welcome the protection from foreign competition, while others worry about rising costs and retaliation.
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The incoming Congress is preparing to extend expiring portions of the 2017 tax cuts from the last Trump administration. Congressional bean counters say that will have little effect on economic growth.
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President-elect Trump has called for sweeping tariffs on all imports. Some domestic businesses would welcome that, but others warn it will mean higher prices for their U.S. customers.
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Inflation was a little bit higher in November than October, but probably not high enough to alarm policymakers at the Federal Reserve. The central bank is still expected to lower interest rates.
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President-elect Trump has called for sweeping tariffs on all imports. Some domestic businesses would welcome that, but others warn it will mean higher prices for their U.S. customers.
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Toy companies are preparing for tariffs in the new Trump administration. Nearly all toys sold in the U.S. are imported — mostly from China.