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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U.S. employers added 199,000 jobs in November, higher than the 150,000 jobs created in the previous month.
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Inflation is coming down. The latest cost-of-living report showed lower annual inflation in October than the month before. Falling gasoline prices get much of the credit for that.
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The Federal Reserve is expected to hold interest rates steady on Wednesday. But with inflation still elevated, policymakers may leave the door open to an additional rate hike in the future.
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Rising interest rates haven't slowed the economy. GDP numbers out Thursday show the economy grew more than twice as fast in July, August and September as in the previous quarter.
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Social Security beneficiaries can expect a 3.2% cost-of-living increase next year. It's a smaller increase than the 8.7% bump recipients got this year, which was the largest in decades.
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This weekend's attacks in Israel did send tremors through the global energy market. But so far at least, the pain has not stretched to U.S. gas pumps.
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Harvard University's Claudia Goldin won the 2023 Nobel Prize in economics for her research on women in the labor market. She studies the causes of the persistent pay gap between men and women.
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U.S. employers added 336,000 jobs last month — about twice as many as forecasters expected. It's good news for job-seekers, but could complicate the Federal Reserve's efforts to curb inflation.
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The Federal Reserve is widely expected to hold interest rates steady on Wednesday. But investors will be on the lookout for any signals about what comes next.
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The cost of car insurance has jumped more than 19% in the last year, far outpacing overall inflation. There are several reasons why that's happening.
