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Matt Ott, Associated Press

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Matt’s Recent Stories

Economy Jul 28

Labor market still considered strong after weeks of mixed jobless benefit numbers

Fewer Americans applied for jobless benefits last week, but the previous week’s number was revised upward significantly, with claims breaching the 250,000 level in back-to-back weeks for the first time in more than eight months.

Economy Jul 28

Average U.S. long-term mortgage rates fall slightly to 5.3 percent

Average long-term U.S. mortgage rates retreated this week just as the Federal Reserve announced another big rate hike in its bid to get four-decade high inflation under control.

Economy Jul 26

Consumers confidence slides for third straight month

U.S. consumer confidence slid again in July as concerns about higher prices for food and gas continue to weigh on Americans.

Economy Jul 21

Average national 30-year mortgage rate hits 5.54%

Average long-term U.S. mortgage rates are ticking higher this week in a rapidly cooling housing market as the Federal Reserve gears up for what could be yet another bump to its benchmark interest rate.

Economy Jul 21

U.S. jobless claims hit 8-month high

The number of Americans applying for unemployment benefits last week rose to its highest level in more than eight months, a sign the labor market may be showing some weakness.

Economy Jul 07

U.S. jobless claims rise to 235,000, most in nearly six months

More Americans applied for unemployment benefits last week, and while layoffs remain low, it's the fifth straight week claims have topped the 230,000 mark.

Economy May 13

Wild week in crypto ends as Bitcoin and stablecoin tumble

It's been a wild week in crypto, even by crypto standards. Bitcoin tumbled, stablecoins were anything but stable and one of the crypto industry's highest-profile companies lost a third of its market value.

Politics Mar 24

U.S. jobless claims hit lowest level in over 50 years

The number of Americans applying for unemployment benefits last week fell to its lowest level in 52 years as the U.S. job market continues to show strength in the midst of rising costs and an ongoing virus pandemic.

Economy Mar 17

American jobless claims fall amid strong job rebound

Fewer Americans applied for unemployment benefits last week, as layoffs continue to decline amid a strong job market rebound.

Economy Oct 18

House committee threatens Amazon with criminal investigation into market dominance

U.S. House lawmakers are threatening to seek a criminal investigation of Amazon, saying the tech giant has one "final chance" to correct previous testimony by executives on its competition practices.

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