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Matt Ott, Associated Press

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Matt’s Recent Stories

Economy Feb 20

U.S. economic growth weaker than thought in fourth quarter with government shutdown, consumer pullback

A downturn in government and consumer spending contributed to the slowdown in fourth-quarter growth, the government said.

Economy Feb 12

U.S. applications for jobless benefits remain at recent healthy levels, falling to 227,000 last week

Filings for unemployment benefits are viewed as representative of U.S. layoffs and are close to a real-time indicator of the health of the job market.

Economy Jan 15

Fewer-than-expected number of Americans filed jobless claims last week, as layoffs remain low

U.S. filings for jobless aid for the week ending Jan. 10 fell by 9,000 to 198,000, down from 207,000 the previous week, the Labor Department reported Thursday. The figure was significantly less than the 215,000 that analysts polled by the…

Economy Dec 31

Average U.S. long-term mortgage rate falls to the lowest level of the year at 6.15%

The average rate on a 30-year U.S. mortgage fell to its lowest level of 2025 this week, an encouraging sign for prospective home buyers.

Economy Dec 31

U.S. applications for unemployment benefits fell below 200,000 last week with layoffs historically low

Unemployment benefit filings are often distorted during holiday-shortened weeks since the shorter week can cause some who have lost jobs to delay filing claims.

Economy Dec 24

U.S. unemployment claims dropped again last week, remaining at a historically healthy level

U.S. applications for jobless claims for the week ending Dec. 20 fell by 10,000 to 214,000 from the previous week's 224,000, the Labor Department reported Wednesday.

Economy Dec 23

Consumer confidence drops in December to lowest level since U.S. tariffs rolled out in April

Write-in responses to the survey showed that prices and inflation remained consumers' biggest concern, along with tariffs.

Economy Dec 23

U.S. economy expands at a surprisingly strong 4.3% annual rate last quarter, though inflation remains stubbornly high

Excluding volatile food and energy prices, so-called core inflation was 2.9%, up from 2.6% in the April-June quarter.

Economy Dec 11

Weekly unemployment benefit applications rise to 236,000 as labor market concerns persist

The number of Americans applying for unemployment benefits jumped last week, but remain in the same historically healthy range of the past few years despite growing concern over the health of the labor market.

Economy Dec 04

U.S. filings for jobless benefits fall to lowest level since mid-2022

The number of Americans applying for jobless benefits for the week ending Nov. 29 fell to 191,000 from the previous week’s 218,000, the Labor Department reported Thursday. That’s the lowest level since September 24, 2022, when claims came in at…

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