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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NPR's business news starts with an acknowledgement of trouble by President Obama.

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Americans started thinking differently about U.S. dependence on imported oil 40 years ago this Sunday. Decades later, the U.S. is in the midst of a homegrown energy boom.

The oil embargo began in 1973. The United States had long taken cheap and plentiful oil for granted when Saudi Arabia shocked the country by suddenly cutting off all direct oil shipments in retaliation for U.S. support of Israel. Other Arab countries followed suit.

Prices soared. Gasoline lines stretched for blocks. Richard Nixon became the first of many U.S. presidents to call for energy independence.

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The government shutdown grinds on with no immediate relief in sight.

President Obama says he's willing to talk with Republican lawmakers about adjustments to the health care law and other issues, but only after they re-open the government and lift the threat of a federal default.

"I'm happy to negotiate with you on anything. I don't think any one party has a monopoly on wisdom. But you don't negotiate by putting a gun to the other person's head," Obama says.

Experts in negotiation say the president's stance may be justified, but it's also risky.

This week's government shutdown could be just a warmup for an even bigger budget battle in a couple of weeks.

Congress has to raise the limit on the amount of money the federal government is allowed to borrow by Oct. 17. If the debt ceiling is not raised on time, President Obama warns that Washington won't be able to keep paying its bills.

"It'd be far more dangerous than a government shutdown, as bad as a shutdown is," Obama said Tuesday. "It would be an economic shutdown."

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Drawn-out fights over spending bills are nothing new for Congress. But that's where the fights used to stay: in Congress. The rest of the country didn't have to pay much attention to countdown clocks and all this drama.

"In the '60s and '70s down until 1980, it was not taken that seriously at all," says Charles Tiefer, a former legal adviser to the House of Representatives, who now teaches at the University of Baltimore Law School. In the old days, he says, when lawmakers reached a budget stalemate, the federal workforce just went about its business.

President Obama's health care law has so far survived challenges in Congress and the courts. But its biggest test could begin next week. That's when the online marketplaces offering health care coverage to the uninsured are set to start signing people up. The question is, will they come?

President Obama took his fiscal fight with congressional Republicans to America's heartland Friday. Speaking at a Ford assembly plant near Kansas City, Mo., Obama warned that the federal government could turn into a "deadbeat" unless Congress passes a stopgap spending bill and agrees to raise the debt limit within the next few weeks.

A surprise agreement between the U.S. and Russia, announced Saturday, calls for Syria to destroy all of its chemical weapons by mid-2014. The deal follows a chaotic week of seat-of-the-pants foreign policy.

Performing on the international stage, Obama and his Cabinet secretaries have offered up one plot twist after another, though it often seems as if the actors are working without a script.

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President Obama will stand in the symbolic shadows of Martin Luther King and Abraham Lincoln Wednesday, as he marks the 50th anniversary of the March on Washington.

Aides say Obama will use the opportunity to celebrate the progress that's been made, thanks to the civil rights movement. He'll also discuss the work that he says still has to be done to realize King's dream of racial justice in America.

That includes fighting to protect voting rights and building what the president calls "ladders of opportunity" for poor people of all races.

President Obama toured Pennsylvania and New York by bus on Thursday and Friday to promote his college affordability plan.

He's proposing a affordability-rating system that would steer federal aid, but a budget battle with Congressional Republicans is looming.

'A Major Debate'

The tour had a back-to-school theme, but at his stop on Thursday, the fall semester hasn't even begun. Obama spoke to a packed high school gym in Syracuse.

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It's back-to-school season for college students — and President Obama plans to be right there with them.

The president will spend the next two days on a bus tour of New York and Pennsylvania that includes stops at three colleges and a high school. At each stop, he'll be talking about ways to make college more affordable.

The president's big black bus will make its first stop at the University at Buffalo on Thursday — the same day incoming freshmen will be moving in, hauling suitcases and mini-refrigerators.

President Obama broke his silence on the Trayvon Martin shooting case Friday, speaking publicly for the first time since a Florida jury acquitted George Zimmerman.

Obama didn't question the jury's not-guilty verdict, but he spoke in unusually personal terms about the history and experiences that shape the way African-Americans in particular see the case.

He spoke frankly about the pain the Trayvon Martin case has left, especially in the African-American community. He said that's a product of a common history that doesn't go away.

For decades after the 1930s, the National Labor Relations Board served as the arbiter for squabbles between management and unions, or workers who wanted to join a union. In more recent years, though, the board itself has become a battleground.

Democratic appointees to the NLRB have grown increasingly sympathetic to organized labor, while Republican appointees have grown increasingly hostile, says Harley Shaiken, who studies labor relations as a professor at the University of California, Berkeley.

The mortgage giants Fannie Mae and Freddie Mac got hit so hard by the housing crisis that they required a massive federal rescue. Now lawmakers are looking to scale back the two entities' role — and the government's — in the mortgage market.

The Senate Banking Committee is expected to vote Thursday on President Obama's nominee to head the agency that oversees Fannie and Freddie.

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President Obama said tonight that he is deeply concerned by the situation in Egypt where the military has suspended the constitution and removed Egyptian President Mohammed Morsi from office. Mr. Obama said the U.S. is monitoring what he called a very fluid situation, and he urged the military to return authority to a democratic government as quickly as possible.

At gay pride events throughout the country last weekend, marchers celebrated the Supreme Court's ruling striking down the federal Defense of Marriage Act.

Now, the rainbow flags are giving way to calculators and sharp pencils, as gay and lesbian couples start to grapple with the practical impact of what the ruling means for them.

President Obama has directed Cabinet members to implement the ruling "swiftly and smoothly" by extending federal recognition to same-sex marriages for the first time. But that will be easier for some federal agencies than others.

It's no secret: Texas is big. And it's getting bigger.

The Lone Star State has added about 5 million people since the turn of the century, and its population is expected to swell by another 5 million by 2020.

This week, NPR examines the dramatic demographic shifts underway in the Lone Star State in our series Texas 2020. We'll look ahead to how the second-biggest state could change in the next decade — and what that could mean for the rest of America.

President Obama is in Northern Ireland Monday — the first stop on a three-day European visit that includes a G-8 summit meeting and a side trip to Berlin.

The president begins his tour with a speech in Belfast, celebrating Northern Ireland's peace process and urging young people in the country to keep it moving forward.

Later, Obama joins leaders of other industrial countries at a remote golf resort in County Fermanagh for talks on Syria, trade and the global economy.

White House economic adviser Alan Krueger took some ribbing from his boss this week. President Obama noted that Krueger will soon be leaving Washington to go back to his old job, teaching economics at Princeton.

"And now that Alan has some free time, he can return to another burning passion of his: 'Rockanomics,' the economics of rock and roll," the president said. "This is something that Alan actually cares about."

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President Obama fired a warning shot Tuesday in the battle over Senate confirmations: He nominated three new judges to the powerful federal appeals court in Washington, and he challenged Senate Republicans not to stand in their way.

Obama complained about procedural roadblocks that have tied up many of his previous nominees — sometimes for years.

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President Obama will nominate three new judges this morning to the powerful Federal Appeals Court in Washington D.C. The announcement is expected to come in the White House Rose Garden, and as NPR's Scott Horsley reports, there could be a few thorns.

President Obama surrounded himself with college students at the White House on Friday and warned that the cost of student loans is about to go up.

Interest rates on government-backed college loans are set to double July 1 — unless Congress agrees on a fix before then. Obama has threatened to veto a House-passed bill that would let the cost of student loans go up and down with the market.

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One of President Obama's top economic advisers is leaving the White House later this year, to return to his teaching job at Princeton. Since 2011, Alan Krueger has chaired the President's Council of Economic Advisers.

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