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, DC, with his dog, Rosie.

Updated at 7:34 p.m. ET

Stocks rallied Wednesday as Federal Reserve Chairman Jerome Powell testified about challenges facing the U.S. economy, adding to expectations that the central bank will cut interest rates later this month.

The Fed had hinted at such a cut in June.

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The job market accelerated last month. U.S. employers added a net 224,000 jobs in June. That is far more than many analysts were expecting and also a sharp improvement over a disappointing May.

Updated at 9:25 a.m. ET

Hiring rebounded strongly in June as U.S. employers added 224,000 jobs. That's well above the pace many forecasters were expecting, and a sharp pickup after a disappointing May.

A monthly snapshot from the Labor Department showed unemployment rose slightly, to 3.7%, as more workers entered the job market.

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