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Matt Ott, Associated Press

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Matt’s Recent Stories

Economy Aug 11

U.S. existing homes fall 1.7% in July as record prices, high mortgage rates stifle would be-buyers

Sales of previously occupied U.S. homes slowed again in July as record prices and the highest mortgage rates in a year prove to be an insurmountable hurdle for many prospective homebuyers.

Economy Jul 28

Americans' confidence in U.S. economy falls again as Iran conflict sends gas prices higher

Americans remain soured on the economy after five years of elevated inflation, potentially posing a risk to President Donald Trump and Republicans in the midterm elections.

Economy Jul 23

U.S. filings for unemployment aid fall to 187,000 last week, fewest since 1969

U.S. applications for jobless benefits tumbled to the lowest level in more than five decades last week as layoffs remain historically low despite global economic uncertainty.

Economy Apr 30

Weekly U.S. jobless claims fall to 189,000, lowest in more than five decades

The number of Americans filing for unemployment benefits tumbled to their lowest level more than 50 years last week despite a number of economic headwinds including the war in Iran.

Nation Apr 27

United CEO claims merger with American Airlines would be good for travelers

Scott Kirby outlined why he thinks a merger between his airline and rival American would benefit travelers, despite American’s refusal to engage in negotiations.

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.

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