Government, Business

Jobless Aid Filings Lowest Since April 2021

U.S. applications for jobless aid fell again last week to their lowest level since April, further evidence that the job market has withstood aggressive rate hikes by the Federal Reserve.

Matt Ott | Associated Press
February 2, 2023
Government, Business

Jobless Claims Fall to Lowest Since September

WASHINGTON — The number of people seeking unemployment benefits in the U.S. reached a four-month low for the week of Jan. 8-14.

Matt Ott | Associated Press
January 19, 2023
Business, Fuel

Elon Musk Tells Investors He’ll Pause on Tesla Stock Sales

Tesla CEO Elon Musk says he won’t sell any more shares in Tesla for 18 months or more, likely an attempt to comfort shareholders of the electric vehicle company who have watched the stock lose nearly half of its value since Musk’s purchase of Twitter went through in October.

Matt Ott | Associated Press
December 23, 2022
Government, Business

Unemployment Claims Drop, Complicating Anti-Inflation Measures

The U.S. job market remains healthy as fewer Americans applied for unemployment benefits last week, despite the Federal Reserve’s rapid interest rate hikes this year intended to bring down inflation and tighten the labor market.

Matt Ott | Associated Press
November 17, 2022
Government, Business

Construction Spending Rises 0.5% in September

WASHINGTON — U.S. construction spending rose 0.5% in September, boosted by government and private residential projects.

Matt Ott | Associated Press
November 1, 2019
Government, Business

Durable Goods Orders Rise 2.1% in July

WASHINGTON — Orders to U.S. factories for large manufactured goods rose for the second straight month, but the strength again came from a big increase in the volatile aircraft category.

Matt Ott | Associated Press
August 26, 2019
Government, Business

US Construction Spending Fell 1.1% in June

WASHINGTON — Spending on U.S. construction projects fell 1.1% in June, the biggest decline in more than a year as spending on public construction dropped at the highest rate in more than five years.

Matt Ott | Associated Press
August 1, 2018
Government, Business

Pay Gains for US Workers Slowed in 2Q

WASHINGTON — U.S. workers saw their wages and benefits grow more slowly in the second quarter, a sign that a tight labor market has yet to accelerate income gains.

Matt Ott | Associated Press
July 31, 2018