Scott Horsley

White House Correspondent for NPR News

Scott Horsley appears in the following:

Yes, people often forget to cancel their monthly subscriptions — and the costs add up

Wednesday, August 30, 2023

From streaming TV to razor blades by mail, Americans are buying more goods and services through pay-by-the-month plans. New research shows they often keep paying long after they want to.

Comment

How Americans are spending money

Sunday, August 27, 2023

Back-to-school spending reached another record this year, while other spending is giving some indications of how Americans feel about the economy.

Comment

Fed Chair Jerome Powell warns the fight against inflation is far from over

Friday, August 25, 2023

Federal Reserve Chair Jerome Powell said interest rates could stay elevated for an extended period to bring inflation to the central bank's 2% target.

Comment

These are 5 ways surging mortgage rates are reshaping the housing market

Friday, August 25, 2023

The housing market is showing a split: Sales of existing homes were down last month, but sales of newly built houses were up.

Comment

The average home mortgage interest rate now tops 7%, the highest in 20+ years

Tuesday, August 22, 2023

Sales of existing homes fell more than 2% in July, as rising mortgage rates kept many would-be buyers and sellers on the sidelines.

Comment

Mortgage rates are at a record high. Here's what that means for home buying

Saturday, August 19, 2023

Rates for a fixed, 30-year mortgage jumped to the highest rate seen in over 20 years - over seven percent. We'll look at what this means for prospective homebuyers, and the housing market in general.

Comment

Mortgage rates just hit their highest since 2002

Thursday, August 17, 2023

The average cost of a 30-year fixed-rate mortgage jumped to 7.09% this week, the highest in over two decades. Rising interest rates have put homes out of reach for many would-be buyers.

Comment

A look at this summer's surprising home building boom

Wednesday, August 16, 2023

Builders broke ground on almost 7% more single-family homes in July than in June. New houses are selling quickly, despite high mortgage rates, because of a shortage of existing homes on the market.

Comment

July prices give hope the economy may come under control without going into recession

Thursday, August 10, 2023

Gas and groceries got more expensive in July, but the price of most other goods was down. The Federal Reserve may be able to bring inflation under control without tipping the economy into recession.

Comment

Here's where inflation stands today — and why it's raising hope about the economy

Thursday, August 10, 2023

Consumer prices rose 3.2% in July from a year ago, higher than the 3% gain seen in June — but it was largely due to math. Overall, inflation continues to ease, raising optimism about the economy.

Comment

Inflation got a little higher in July as prices for rent and gas spiked

Thursday, August 10, 2023

Consumer prices rose 3.2% in July from a year ago, up slightly from the 3% annual rise see in June — but still within analyst expectations

Comment

Inflation has been falling over the last 12 months. July data ended the streak

Thursday, August 10, 2023

The Labor Department's new cost of living report showed an uptick in inflation last month — for the first time in a year. The 3.2% jump in consumer prices was within expectations.

Comment

The case for a soft landing in the economy just got another boost

Friday, August 04, 2023

U.S. employers added 187,000 jobs in July, a slower but still solid pace of growth, suggesting the Federal Reserve may be able to curb inflation without triggering a recession.

Comment

The U.S. added jobs at a solid pace in July, reinforcing hopes about the economy

Friday, August 04, 2023

U.S. employers added 187,000 jobs in July, still marking a steady pace of growth. The unemployment rate edged down to 3.5%.

Comment

There are signs that hot weather may have put a damper on certain kinds of jobs

Friday, August 04, 2023

The Labor Department releases its monthly report card on the job market Friday morning. While rising interest rates have been a drag on some parts of the economy, overall hiring remains strong.

Comment

Treasury officials report little fallout after the government's credit rating drop

Wednesday, August 02, 2023

Treasury officials say they've seen little fallout so far from the loss of the government's Triple-A bond rating. The Fitch rating agency downgraded government debt, citing a governance deterioration.

Comment

U.S. loses its top AAA rating from Fitch over worries about the nation's finances

Wednesday, August 02, 2023

Rating agency Fitch has cut the U.S.' credit rating, lowering it by one notch from the top grade. It cited big government deficits and a deterioration in governance over the last two decades.

Comment

The U.S. loses its top AAA rating from Fitch over worries about the nation's finances

Tuesday, August 01, 2023

Fitch cut the federal government's top rating, citing rising deficits and a steady deterioration in governance over the last two decades. The action drew a sharp rebuke from the Biden administration.

Comment

Fitch drops the United States' credit rating to AA+

Tuesday, August 01, 2023

Fitch Ratings cut the U.S.'s rating by one notch, moving it from the previous top-rated AAA to AA+, citing worsening governance as a key factor — just months after the country averted a debt default.

Comment

Could the U.S. still see a recession? A handy primer about the confusing economy

Monday, July 24, 2023

A string of encouraging reports is raising hope about the economy — but worries of a possible recession have not gone away. Here's why.

Comment