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 has issued new economic forecasts, acknowledging the outlook remains uncertain. COVID-19 vaccines offer hope for a turnaround in 2021, but the next few months could be challenging.
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A standoff over pandemic-related liability protections for businesses has emerged as one of the biggest sticking points holding up the much-needed coronavirus relief bill.
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New unemployment claims jumped sharply last week, as a surge in coronavirus cases put new stress on the U.S. economy. The rise in unemployment comes as various relief programs are about to expire.
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Jobless claims rose sharply last week as critical relief programs, including expanded jobless benefits, are due to expire the day after Christmas.
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As Congress argues over what should go in the next coronavirus relief aid, cash from the government is popular with many. But economists say it's not the best way to prop up a sagging economy.
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China's trade surplus ballooned last month to a record $75 billion. Much of the increase came from a surge in exports to the United States.
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China's trade surplus hit a record in November as exports to the U.S. soared by 46%. U.S. exports to China are also growing, but not as quickly.
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Job growth in the U.S. slowed down sharply in November. The weaker-than-expected job gains could give fresh urgency to congressional negotiations over a new pandemic relief bill.
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U.S. employers added just 245,000 jobs last month as the runaway pandemic continued to weigh on hiring. The unemployment rate fell to 6.7% from 6.9% in October.
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The Labor Department likely will report Friday a sharp slowdown in job growth in November as a surge in coronavirus cases weighs on many businesses.