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 fees merchants pay for accepting credit cards are much higher in the U.S. than in Europe. Ice cream shop owner Victor Garcia, for example, paid more than $25,000 in swipe fees last year. -
Mortgage rates above 7% are weighing on the housing market. But some builders and buyers are finding workarounds. In some cases, that means choosing a little less space.
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The Federal Reserve held interest rates steady today, but hinted one more rate hike may be needed this year to bring inflation under control.
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The Federal Reserve left interest rates unchanged Wednesday, despite stubborn inflation, although it left the door open to an additional rate hike in November or December.
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The Federal Reserve is widely expected to hold interest rates steady on Wednesday. But investors will be on the lookout for any signals about what comes next.
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Unionized autoworkers are threatening to go on strike at midnight if no deal is reached with the Detroit carmakers. At first, economic fallout would be limited, but the costs would add up.
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Inflation picked up a little steam last month, largely as a result of rising gas prices. The Federal Reserve is still expected to hold interest rates steady when policymakers meet next week.
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The cost of car insurance has jumped more than 19% in the last year, far outpacing overall inflation. There are several reasons why that's happening.
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Organized labor has scored some big victories this year, including new contracts at UPS. Can the winning streak continue?
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Hiring has cooled in recent months. But that's not all bad. Employers are still adding jobs each month, and wages are still climbing.
