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Matt Ott, Associated Press

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Matt’s Recent Stories

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.

Science Apr 20

Earth-warming emissions come roaring back from pandemic

The International Energy Agency said worldwide energy-related carbon dioxide emissions are on track to surge by 1.5 billion metric tons this year, following last year’s decline due to the coronavirus pandemic.

Economy Feb 16

Bitcoin crosses $50,000 price for first time

The same Bitcoin just one year ago would have cost $10,000. The price is up almost 200% in the last three months alone.

Economy Dec 22

U.S. consumer confidence tumbles in crucial holiday season

A closely-watched gauge for U.S. consumer confidence tumbled to a reading of 88.6 in December as rising coronavirus cases dragged American optimism to its lowest level since summer.

Economy Oct 27

Consumer confidence dips to 100.9 as virus spreads in U.S.

Consumer spending accounts for 70 percent of economic activity in the U.S., so a decline in confidence gets a lot of attention from economists, especially as the U.S. heads into the crucial holiday shopping season.

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