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, reflecting in part the return of striking UAW and Hollywood workers. -
The cost of a traditional Thanksgiving feast is slightly lower this year than last, thanks in large part to falling turkey prices. Overall grocery inflation has eased significantly in the last year.
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Inflation cooled last month, as falling gasoline prices helped to offset rising rents. News of a smaller-than-expected jump in the cost-of-living triggered a rally on Wall Street.
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Consumer prices last month were 3.2% higher than the month before — a smaller annual increase than the previous month. A sharp drop in gas prices in October helped to offset rising rents.
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A report from the National Association of Realtors shows the average home buyer this past year had a six-figure income. Others face challenges in a period of high prices and costly home loans.
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85% of Americans say it's a "bad time" to buy a house. So who's still buying in the current market? An annual survey from the National Association of Realtors offers some insight.
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The author of the 'Sahm Rule' is less worried about rising unemployment this time, even though October's rate was up 0.5% from a recent low...a jump typically associated with the onset of recession.
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The U.S. added 150,000 jobs last month, slowing down from the blistering pace seen in September. The drop was partly the result of an unprecedented autoworkers' strike.
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The Federal Reserve left interest rates unchanged Wednesday, but left the door open to additional rate hikes in the future, if necessary, to curb inflation.
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The U.S. economy continues to defy gravity, growing rapidly despite high interest rates. Consumer spending is powering the expansion, but it's not clear how long that can last.
