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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US Steel has gone to court to salvage its sale to a Japanese steelmaker. President Biden moved to block that sale last week, citing national security concerns.
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In a statement, President Biden said a deal would have imperiled U.S. supply chains. Critics say the move could backfire, weakening a domestic steelmaker.
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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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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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Stocks are climbing on hopes that Donald Trump's election will boost economic growth. But bond prices are falling, on fears he'll add trillions of dollars to the federal debt.
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U.S. employers created only 12,000 jobs in October, well below expectations for about 100,000 jobs to be created. However, the data was heavily skewed by the impacts of Hurricanes Helene and Milton and likely by the ongoing Boeing strike.
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The award is shared by Daron Acemoglu and Simon Johnson of MIT and James Robinson of the University of Chicago for their research on the institutional roots of national wealth and poverty. They will split the prize money of 11 million Swedish krona or about $1.058 million. -
One of the first places shoppers may feel the effects of the dockworkers' strike is in the produce aisle. Hundreds of tons of bananas are stuck in transit — and they won't keep for long. -
Union dockworkers at ports across the U.S. began walking picket lines early Tuesday, snarling the movement of billions of dollars' worth of goods. -
The Fed is expected to start cutting interest rates on Wednesday — marking a milestone in the central bank's long-running battle against inflation.
