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 Federal Reserve voted to cut its benchmark interest rate on Wednesday. This was the Fed's third rate cut since September, but policymakers signaled they expect to make fewer rate cuts next year.
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The Fed lowered its benchmark interest rate by a quarter percentage point, in an effort to shore up a weakening job market. With inflation remaining stubbornly high, it was not a slam dunk decision.
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China's exports to the U.S. have dropped sharply this year, in the face of President Trump's tariffs — but the country is still finding plenty of customers elsewhere around the world.
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New numbers from the Commerce Department show inflation is still elevated, but it doesn't appear to be getting worse. The Federal Reserve is expected to cut interest rates next week by another quarter percentage point.
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AAA says the average price of gasoline nationwide has dropped to just over $3 per gallon.
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Shoppers can be thankful for discounts on turkey and stuffing this year. While overall grocery prices are up, this year's Thanksgiving meal should cost a bit less than last year's.
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U.S. employers added 119,000 jobs in September, but hiring was weaker than expected. That's according to a new report from the Labor Department, which was delayed because of the government shutdown.
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U.S. employers added 119,000 jobs in September, while the unemployment rate inched up to 4.4%. The report, which was delayed by the government shutdown, may hint at the pace of hiring and firing.
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The Bureau of Labor Statistics says it will report on September's job gains and unemployment rate next week. That's the first of many overdue economic reports held up by the government shutdown.
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Now that the government shutdown is over, federal number crunchers are back at work. It could take time, though, to make up for the jobs reports and inflation scorecards we missed in the last 6 weeks.