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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Rising inflation has meant fewer restaurant meals, getaways and even doctor visits for many Americans, as nearly 4 in 10 say their family finances have gotten worse in the last year. -
Inflation eased slightly in August thanks to falling gasoline prices, but the cost of many essentials continues to climb, including soaring power bills that are straining family budgets.
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Economists believe the US job market remained tight in August, with unemployment hovering around 3.5 percent. NPR's Scott Horsley reports on the latest.
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Steak prices have decreased as meatpackers processed more beef. But drought-stricken cattle ranchers are having to cut their herds, which is likely to lead to higher beef prices in the future.
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Federal Reserve chairman Jerome Powell speaks Friday morning in Jackson Hole, Wyoming. Powell hopes to curb inflation without pushing the economy into recession.
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As retail prices continue to climb, customers are adjusting their shopping habits. Meanwhile retail giants like Walmart are tweaking their merchandise mix in response to customers' shifting demands.
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Falling gasoline prices are expected to put a dent in the latest inflation rate. But other costs, such as housing, continue to climb, putting a strain on many family budgets.
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U.S. employers added 528,000 jobs in July, showing the labor market remains strong, despite high inflation and softening economic growth. The unemployment rate fell to 3.5%.
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Inflation hit a new, four-decade high of 9.1% last month, fueled in part by record high gasoline prices. Gas prices have since fallen, but overall inflation is still elevated.
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A Labor Department report is expected to show U.S. employers added more than 200,000 jobs in June — a modest slowdown from May. The job market has proven resilient despite high inflation.
