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 bottlenecks aren't just making it hard for Americans to get their hands on imported products. They're also hurting exporters whose containers may leave U.S. ports empty.
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In an interview with NPR, the Treasury secretary calls to permanently expand the child tax credit being paid out to American families starting this week. -
Federal Reserve Chairman Jerome Powell is testifying on the economy before a House panel a day after a key inflation gauge hit a nearly 13-year high.
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Federal Reserve Chairman Jerome Powell is the nation's top inflation watchdog. When he testifies before Congress Wednesday, Powell is sure to be asked about the recent spike in consumer prices.
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Consumer prices jumped in June, with businesses struggling to keep up with demand out of the pandemic. The consumer price index rose 5.4% in the last year, the highest inflation in nearly 13 years.
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Consumer prices surged 5.4% in June from a year earlier, the highest in nearly 13 years, the Labor Department said on Tuesday. That was higher than the 5% increase seen in May.
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A surge in prices of used cars was a major driver of inflation again in June, but there are some signs those price hikes may be shifting into reverse.
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The stock market slumped just one day after the S&P 500 index and the Nasdaq hit record highs. Fresh pandemic concerns may have rattled investors, as Japan has decided to declare a state of emergency.
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Lumber prices soared during the pandemic, sparking inflation fears. Just as quickly, prices then dropped, but that's not the end of the story.
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The American jobs market is hot at more and more people spend money and venture out for good and services.
