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 raised its benchmark interest rate Wednesday to combat stubborn inflation. That will make it more expensive to borrow money to buy a car or carry a balance on a credit card. -
It's probably going to cost more to heat your home this winter. Forecasters say heating bills are likely to climb faster than overall inflation, despite what's expected to be a relatively mild winter.
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Consumer prices rose 3.4% percent last month from a year ago, the same as it was in July and matching expectations. Gas prices were among the biggest risers.
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An escalation of fighting around the Strait of Hormuz pushes the benchmark price of crude oil back above $100 per barrel. That's leading to higher prices at the gas pump, just ahead of a high-profile inflation report.
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Employers added 162,000 jobs in August, according to the Labor Department on Friday. Economists had expected the labor market to add about 53,000 jobs.
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The U.S. is playing host to finance ministers from around the world this week. Russia's top economic official made a stir on Monday when he showed up in person at the meeting in North Carolina.
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The stakes are high as Fed Chair Kevin Warsh prepares to give a speech on Friday at the annual gathering of economists and central bankers in Jackson Hole, Wyoming. -
Canada is vowing to impose fresh tariffs on US goods in retaliation for Trump administration taxes. The moves come after talks between the two trading partners broke down late last week.
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Stocks fell and bond yields jumped on Thursday. The Treasury Department is trying to keep a lid on government borrowing costs but with limited success so far.
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The federal debt is growing even faster than expected. Just paying interest on the $40 trillion balance is now the government's second-largest expense, outpacing everything but Social Security.
