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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Inflation cooled a bit last month. Gas and grocery prices dipped and the overall cost of living rose more slowly, giving the Federal Reserve some breathing room for inflation control efforts.
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Consumer prices in July were up 3.4% from a year ago — a smaller annual increase than in May or June. The news makes it less likely the Fed will feel the need to raise interest rates in September. -
The housing market is stuck in a slump. Sales of existing homes fell by 1.7% last month, even as the average selling price rose. High prices along with rising mortgage rates are putting a squeeze on affordability.
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The Labor Department releases a new report on inflation this week. It's higher than many would like, and with a sluggish job market, most people's paychecks aren't keeping pace with rising prices.
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The U.S. labor market went into reverse last month, as employers cut 23,000 jobs. Job gains for May and June were also revised downward.
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Trump is once again threatening to fire Cook over unproven allegations of mortgage fraud after an earlier effort to remove Cook was struck down by the Supreme Court. -
U.S. employers cut 23,000 jobs in July, and job gains for the two previous months were weaker than initially reported, according to a report Friday from the Labor Department. -
The Labor Department offered an update Friday morning on the U.S. jobs market. After lackluster hiring in June, forecasters had expected the report to show a modest pickup in July.
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The Senate Finance Committee held a hearing yesterday on how to prevent deep cuts to Social Security benefits in a few years. The math is simple but the politics are not.
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A report from Senate Democrats accuses big banks of failing to report suspicious money transfers made by Jeffrey Epstein until after his arrest in 2019.
