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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Consumer prices in October were 7.7% higher than a year ago. That's a slower pace of inflation than in September and it triggered a rally on Wall Street.
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With Thanksgiving just two weeks away, food and family are on many people's minds. But turkey and travel will carry a hefty price tag this year. The annual inflation rate in October was 7.7%. -
Rising prices are a top concern for voters in this year's midterm elections, outpacing abortion, crime and defending democracy. Prices in September were up 8.2% from a year ago.
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U.S. employers added 261 thousand jobs last month — more than forecasters expected. But job growth has slowed from earlier in the year, and that slowdown could help ease upward pressure on inflation.
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Hiring slowed modestly in October, as employers added 261,000 jobs. That might take some of the upward pressure off inflation.
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Federal Reserve Chairman Jerome Powell talked with reporters about the central bank's latest effort to fight inflation with higher interest rates and what the Fed is likely to do next.
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The Federal Reserve raised interest rates by another 0.75 percentage points Wednesday, as part of its ongoing effort to fight inflation. The big question is, what happens next.
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A new report on gross domestic product shows the U.S. economy rebounded in July, August and September after six months of negative growth. But the economy still faces challenges like high inflation.
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Thursday's GDP report shows the U.S. economy grew at an annual rate of 2.6% in July, August and September, after shrinking in the first half of the year.
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Inflation and fears of a recession are dominating headlines in the U.S., and a series of global crises means that the economic outlook is even more precarious in some other parts of the world.
