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Matt Ott, Associated Press

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Matt’s Recent Stories

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…

Nation Nov 06

Average long-term mortgage rate ticks up after four straight weekly declines

The average rate on a 30-year U.S. mortgage ticked up for the first time in five weeks after falling to its lowest level in more than a year last week.

Economy Oct 28

Consumer confidence dips modestly in October as potential recession markers remain

Analysts were expecting the reading to come in unchanged from the previous month.

Economy Sep 30

U.S. consumer confidence declines again as Americans worry about inflation, job market

The drop is bigger than analysts were expecting and the lowest reading since April, when President Donald Trump rolled out his sweeping tariff policy.

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