Matt Ott

Stay informed with Matt Ott’s coverage and analysis.

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Teamsters hold signs at a rally during contract negotiations

UPS drivers are rolling in dough as union spikes the ball: ‘Our members just ratified the most lucrative agreement the Teamsters have ever negotiated at UPS’

By Haleluya Hadero, Matt Ott, and others

File – Townhomes under construction are shown in Mars, Pa., on May, 27, 2022. On Thursday, Freddie Mac reports on this week’s average U.S. mortgage rates. (AP Photo/Gene J. Puskar, File)

It’s been so long since mortgage rates were this high if they were a person they’d be drinking age

By Alex Veiga, Matt Ott, and others

A hiring sign for tree care service work is posted in Wheeling, Ill., Sunday, March 19, 2023. On Thursday, the Labor Department reports on the number of people who applied for unemployment benefits last week. (AP Photo/Nam Y. Huh)

Unemployment claims are higher than predicted in a sign that the economy is slowing down even as the labor market remains strong

By Matt Ott and The Associated Press

NEW YORK, NEW YORK – NOVEMBER 17: Traders work on the floor of the New York Stock Exchange during morning trading on November 17, 2022 in New York City. Stocks are expected to fall as the stock market opened with interest rates rising as Federal Reserve officials signal more interest rate hikes to continue to slow down inflation. (Photo by Michael M. Santiago/Getty Images)

Social media influencers are charged with feeding followers ‘a steady diet of misinformation’ in a pump and dump stock scheme that netted $100 million

By Matt Ott and The Associated Press

Jerome Powell on TV

U.S. economy kept adding jobs in October, reporting 261,000 gain in face of Fed’s rate hikes

By Yuri Kageyama, Matt Ott, and others

European currencies

China’s yuan falls to lowest level against dollar since 2008 as foreign currencies continue their sickening lurch

By Elaine Kurtenbach, Matt Ott, and others

stock broker

Global markets wobble as Fed’s inflation fight inspires rate hikes at central banks worldwide

By Joe McDonald, Matt Ott, and others

Treasury Department building

The U.S. budget deficit fell to $165 billion in October, down 42% from last year

By Matt Ott and The Associated Press

SHANGHAI, CHINA – APRIL 20: A Tesla Model Y car is on displayed during the 19th Shanghai International Automobile Industry Exhibition, also known as Auto Shanghai 2021, at National Exhibition and Convention Center (Shanghai) on April 20, 2021 in Shanghai, China.

Tesla can be tricked to drive with no one at the wheel, Consumer Reports says

By Matt Ott and Bloomberg

Basketball trading cards are displayed at the NBA exhibition in Beijing on August 19, 2019. – The Basketball world cup will be held from August 31 to September 15 2019 in China. (Photo by NICOLAS ASFOURI / AFP) (Photo credit should read NICOLAS ASFOURI/AFP via Getty Images)

Digital sports cards are receiving a popularity boost in the pandemic era

By Matt Ott and The Associated Press

Left for dead, twice, RadioShack gets another shot online

By Matt Ott and The Associated Press

President Donald Trump listens as Robert Unanue, of Goya Foods, speaks during a roundtable meeting with Hispanic leaders in the Cabinet Room, Thursday, July 9, 2020, in Washington.

#BoycottGoya movement builds after CEO’s pro-Trump comments

By The Associated Press and Matt Ott