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Matt Ott, Associated Press

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Matt’s Recent Stories

Nation Dec 24

American Airlines blames brief grounding of flights on technical problem

American flights were cleared to fly by federal regulators about one hour after a national ground stop order was issued by federal regulators Tuesday.

Economy Oct 24

Fewer people are applying for new jobless benefits but demand for workers may be waning, new data suggests

The four-week average of continuing claims is only as high as it was this summer, and not terribly concerning yet, analysts say.

Economy Sep 20

Trump Media plunges to new low on the first trading day big stakeholders can sell shares

Shares of Trump Media & Technology Group slumped to their lowest level ever at the opening bell Friday, the first trading day that former President Donald Trump and other company insiders are free to sell their stakes in the company behind…

Economy Sep 19

Weekly applications for U.S. unemployment benefits fall to the lowest level in 4 months

Jobless claims slid by 12,000, to 219,000, for the week of Sept. 14, the Labor Department reported Thursday. That's fewer than economists' expectations for 230,000 new filings.

Economy Sep 18

Wall Street ticks slightly higher ahead of presumed Fed interest rate cut

Wall Street ticked slightly higher as markets awaited an expected interest rate cut by the U.S. Federal Reserve, the first in more than four years.

Economy Aug 09

Wall Street unsteady as markets try to recoup losses from eventful week

Broadly strong earnings reports have helped buoy the market in a week that began with an anxious sell-off on concerns about the labor market and broader economy.

Economy Jul 18

More Americans apply for unemployment benefits as layoffs settle at higher levels in recent weeks

Jobless claims for the week ending July 13 rose by 20,000 to 243,000 from 223,000 the previous week, the Labor Department reported Thursday. It's the eighth straight week claims came in above 220,000.

Economy Jul 03

U.S. continuing jobless claims rise for 9th straight week, though unemployment stays historically low

Analysts say that continuing claims rise because many of those who are already unemployed may now be having a harder time finding new work.

Economy May 28

U.S. consumer confidence sunnier in May after months of declines

The index measures both Americans’ assessment of current economic conditions and their outlook for the next six months.

Politics May 09

U.S. job market still hot but weekly jobless claims hit highest level since August of 2023

The Labor Department reported Thursday that unemployment claims for the week ending May 4 rose by 22,000 to 231,000.

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