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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Inflation is chipping away at the value of gifts, putting a squeeze on donors and nonprofits alike. -
The housing market continues to be impacted by high mortgage rates. That's reducing the supply of available housing, sending home prices to an all-time high. -
Home and auto insurance premiums have been rising at double-digit rates. That's prompting even the most loyal insurance customers to shop around for better deals. -
The Federal Reserve held interest rates steady while signaling it can cut rates only once this year. The decision came after data earlier showed inflation cooling slightly. -
The Labor Department reports Wednesday on what happened with inflation last month. Later, the Federal Reserve will provide an updated forecast of where interest rates are going.
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U.S. employers added 272,000 jobs in May -- more than forecasters had expected. The unemployment rate inched up to 4% from 3.9% in April. -
Summer electric bills are expected to be nearly 8% higher this year than they were last year. Higher-than-usual temperatures will keep air conditioners working overtime. -
Cost-conscious shoppers are getting more choosy about what they buy. That led to somewhat slower economic growth in the first three months of the year.
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There aren't a lot of homes on the market. But those that are for sale are selling fast. And competition among would-be buyers is keeping prices high.
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Sales of existing homes dipped in April. But prices are still sky high. A shortage of homes for sale means stiff competition and more than a quarter of homes sold for more than the asking price.
