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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Trustees of the Social Security trust fund predict the fund will be exhausted in eight years. Unless Congress acts, Social Security payments will automatically drop by 23% at that time. -
The Federal Reserve held interest rates steady Wednesday. Members of the central bank's rate-setting committee also telegraphed their plans for possible rate cuts later this year. -
Israel's attack on Iran sparked the biggest jump in crude oil prices since Russia's invasion of Ukraine more than three years ago. Stocks fell sharply. -
The top 10% of earners in the U.S. would see the biggest gains under the GOP tax and spending package, according to congressional forecasters, but those at the bottom of the income ladder would be worse off. -
Consumer prices in May were up 2.4% from a year ago, but inflation eased on a monthly basis, according to the latest figures from the Labor Department -
Trump's immigration crackdown is driving some people out of the country and others underground. That poses a challenge for businesses that have relied on workers who are in the U.S. illegally.
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Tariff collections are up sharply in the last two months. Congressional forecasters say tariffs could help reduce the federal debt, but they'll also lead to higher inflation and slower economic growth. -
U.S. employers added 139,000 jobs in May — a modest slowdown from the previous month. The unemployment rate held steady at 4.2%, as the workforce shrank. -
A forecast from the nonpartisan Congressional Budget Office this week says Trump's tariffs could shave $2.8 trillion off the federal debt over the next decade, if they remain in place.
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Forecasters at the Congressional Budget Office say President Trump's tariffs could shave $2.8 trillion off the federal debt if they remain in place for a decade. That's a big if.
