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.

The U.S. Treasury Department plans to borrow nearly $3 trillion between April and June to bankroll the federal response to the coronavirus pandemic.

It's an unprecedented level of deficit financing to match the historic economic hit caused by the virus. In a single quarter, the government will borrow more than twice as much as it did all of last year.

As more businesses start to reopen and people go back to work, some companies are looking for advice on how to keep employees safe from the coronavirus.

So far, the federal government hasn't been much help.

"It's the Wild West out there," said Geoff Freeman, president of the Consumer Brands Association, which represents grocery manufacturers. "The federal government, particularly CDC and OSHA, is failing to provide the clear and specific guidance necessary to encourage relatively consistent adoption across the country."

Updated at 8:38 a.m. ET

The telephone lines are still jammed at the nation's unemployment offices.

Another 3.8 million people filed claims for jobless benefits last week, according to the Labor Department. While that's down from the previous week's 4.4 million, a staggering 30.3 million have applied for unemployment in the six weeks since the coronavirus began taking a wrecking ball to the U.S. job market.

That's roughly one out of five people who had a job in February.

Updated at 5:12 p.m. ET

The coronavirus pandemic is likely to trigger the sharpest recession in the United States since the Great Depression. An early signal of that came Wednesday, when the Commerce Department said the economy shrank at a 4.8% annual rate in the first three months of the year — the first quarterly contraction since 2014 and the largest since the Great Recession.

Will Thompson and his wife Annie are expecting their first child this fall.

But because of restrictions at local hospitals, Thompson has not been able to accompany Annie to her prenatal doctor's visits, including one where they expect to learn their baby's gender.

Thompson chokes up talking about this: "My wife is an incredibly strong woman, and she's amazing. I just — I wish I could."

The Denver couple plan to ask their doctor to write "boy" or "girl" inside an envelope, so they can open it later, together.

Pages