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 Fed is maintaining its easy money policies for now in an effort to speed the economic recovery. It left interest rates near zero despite a jump in consumer prices. -
The U.S. and E.U. have called a truce in a long-running trade dispute involving rivals Boeing and Airbus. The fight sparked turbulence for unrelated products like Scotch whisky and Spanish olive oil.
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More than 300,000 people have lost their pandemic unemployment benefits. GOP governors in more than two dozen states ended jobless aid ahead of schedule — in an effort to push people back to work.
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Republican-lead states are moving to end enhanced unemployment benefits early, arguing that the extra pandemic-related funding from the federal government is keeping employers from finding workers.
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Consumer prices are climbing at the fastest pace in nearly 13 years as the U.S. recovers from the pandemic recession. Prices rose 5% in May. Authorities say this inflation spike will be temporary.
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The Labor Department says consumer prices jumped 5% for the 12 months ending in May. That's the sharpest increase in nearly 13 years, as the economy rebounds from the pandemic recession.
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The Labor Department reports on the latest inflation data on Thursday. It comes after the consumer price index rose 4.2% in April from a year ago — the highest in more than a dozen years.
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The price of cars is climbing fast. So is the price of gasoline. The Labor Department may also offer its own version of sticker shock when it reports on the rise in consumer prices Thursday.
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The U.S. and other major industrial countries have struck a tentative deal to impose a 15% tax on multi-national corporations. The agreement may face opposition in low-tax countries and Congress.
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Mississippi, Missouri, Alaska and Iowa are ending the extra $300-a-week unemployment benefit provided as part of COVID-19 relief in a controversial bid to get people back to work.
