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 held interest rates steady Wednesday, but policymakers signaled they still expect to start cutting rates later this year. The stock market jumped in response.
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The National Association of Realtors has reached a nationwide settlement that could change the way real estate agents are compensated.
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The National Association of Realtors has reached a national settlement that could change the way real estate agents are paid. Critics say the current system keeps commissions artificially high.
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A majority of baby boomers say they want to stay in their homes as they get older. There are more physical and social supports to help with that goal. It could have effects for the housing market.
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Inflation was a little hotter than expected in February, for the second month in a row. Rent and gasoline drove much of the monthly increase. Food prices were flat.
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U.S. employers added 275,000 jobs in February — more than forecasters had expected. Wages are growing faster than inflation, giving a boost to workers' real purchasing power.
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Federal Reserve Chairman Jerome Powell says the central bank will likely start cutting interest rates this year. But he offered no firm timetable, saying the economic outlook is still uncertain.
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The cost of auto and home insurance is rising much faster than overall inflation, thanks in part to a string of billion-dollar storms. A growing number of people are going without insurance.
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Former Treasury Secretary Larry Summers argues that high interest rates are contributing to people's gloomy economic mood. Sentiment may improve, though, if the Federal Reserve begins to cut rates.
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Two of the nation's biggest credit card companies hope to combine forces. Capital One has offered to buy Discover Financial in a deal valued at $35 billion.