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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Social Security benefits are facing an automatic cut in less than 10 years unless changes are adopted. The report from Social Security trustees predicts the fund will be exhausted in November of 2033.
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Social Security's finances have improved slightly in the last year. But the popular retirement program still faces big challenges including the threat of automatic benefit cuts in less than a decade.
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Restaurant earnings and pricing tell us the economy is still troubled by inflation but not badly enough for consumers to give up eating out.
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U.S. employers added 175,000 jobs in April. That's the smallest number in six months. A gradual cooling of the job market may help to ease concerns about inflation.
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April's job growth was down from the previous month, according to a new Labor Department report. The unemployment rate rose slightly, from 3.8% to 3.9%, but remains low by historical standards.
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The Federal Reserve held interest rates steady, and investors now think borrowing costs could stay higher for months to come. Inflation remains stubbornly above the Fed's 2% target.
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The Federal Reserve held interest rates steady Wednesday, as inflation remained stubbornly above the Fed's 2% target. Investors now think it could be September or later before rates start to fall.
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The Federal Reserve is expected to hold interest rates steady this week — and possibly for months to come — as policymakers try to sort through mixed signals about the U.S. economy.
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The U.S. economy grew more slowly than expected in the first three months of the year. But consumers are still spending money — especially on services such as travel and restaurant meals.
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The U.S. economy grew more slowly than expected in the first three months of the year, according to new Commerce Department figures released Thursday.