
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 U.S. economy grew at a healthy clip in the final months of last year, but forecasters expect that to slow in 2023.
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Annual inflation continued to ease, cooling to 6.5% in December, but prices are still climbing at a rapid rate, meaning people have to work longer and harder to keep the same standard of living.
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More Americans are leaning on their credit cards to cope with rising prices. And as interest rates continue to climb, that debt is getting more and more expensive.
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The Labor Department reports Friday on December's job gains. Despite some high-profile layoff announcements, the overall job market remains tight.
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Partridge prices were flat this year, but the cost of pear trees jumped more than 25%. PNC bank has run the numbers on all 12 days of Christmas — as it calculates its annual Holiday Price Index.
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The Federal Reserve is expected to raise interest rates by a half point Wednesday as efforts to curb inflation show progress. November's annual inflation rate was the lowest in 11 months.
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A new government report shows inflation cooled a bit in November. But prices are still climbing and the Federal Reserve is preparing to raise interest rates again.
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Hiring slowed slightly in November amid rising interest rates. But the U.S. job market remains unusually tight. Employers added 263,000 jobs in November while unemployment held steady at 3.7%.
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With Thanksgiving just two weeks away, food and family are on many people's minds. But turkey and travel will carry a hefty price tag this year. The annual inflation rate in October was 7.7%.
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Hiring slowed modestly in October, as employers added 261,000 jobs. That might take some of the upward pressure off inflation.