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 isn't just an American problem — it's happening in places around the world and stretching some countries to the point of political unrest.Many
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Inflation in March was the highest since December of 1981, with prices up 8.5% from a year ago. Rising prices are especially hard on low-income people, who spend more of their money on necessities. -
The Labor Department is issuing its monthly report card on jobs and unemployment. The job market has been unusually tight, which is pushing up both wages and prices.
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Consumer prices surge 7.9% in February from a year ago, keeping inflation at a 40-year high.
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Annual inflation climbed to a new four-decade high in February, with consumer prices up 7.9% from a year ago. The increase does not reflect most of the recent jump in gasoline prices. -
As the U.S. and western allies weigh restrictions on energy purchases from Russia, the U.S. is dealing with a record high price for a gallon of gas. That's due to an increase in crude oil costs.
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The Labor Department will report on job growth in February. The job market has bounced back strongly from the depths of the pandemic, but some employers still struggle to find available workers.
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Stock prices are lower and energy prices are higher, in response to Russia's invasion of Ukraine. The U.S. stock market opened sharply lower, while crude oil prices topped $100 a barrel.
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The U.S. and Europe aim their economic weapons against Russia in response to Putin's moves in eastern Ukraine. Biden says defending Ukraine's freedom will have costs for the U.S. Gas prices may rise.
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The latest inflation measurement for January is expected to show another sharp increase in consumer prices.
