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News Powered By AI

Americans’ confidence in US economy falls as Iran conflict sends gas prices higher

by News Feed Editor | Aug 5, 2026 | Jobs

Americans’ confidence in the economy fell to 90.8 in July amid escalating Iran conflict and rising gas prices, which climbed to $4.10 per gallon from earlier lows.

America In Focus: US economy expands at sluggish pace, mortgage rate hit the highest level in a year

by News Feed Editor | Aug 5, 2026 | Jobs

The U.S. economy expanded at a sluggish 1.5% pace in the second quarter while mortgage rates hit their highest level in a year, reaching 6.66% for 30-year fixed-rate loans.

US job market grows amid threats of mass federal layoffs and Trump tariffs

by News Feed Editor | Aug 4, 2026 | Jobs

The US labor market added 151,000 jobs in February with unemployment at 4.1%, though federal job losses and tariff uncertainty cloud the economic outlook.

US lost 105,000 jobs in October and added 64,000 in November, according to delayed data

by News Feed Editor | Aug 3, 2026 | Jobs

US employers added 64,000 jobs in November while shedding 105,000 in October, beating forecasts, though unemployment climbed to 4.6%, a four-year high.

US hiring held firm in December capping weakest year of growth since pandemic

by News Feed Editor | Aug 3, 2026 | Jobs

US employers added 50,000 jobs in December, marking the weakest year of job growth since the pandemic with 584,000 positions added throughout 2025.

US jobs market surpassed expectations in March but February losses were worse than first reported

by News Feed Editor | Aug 3, 2026 | Jobs

US employers added 178,000 jobs in March, surpassing expectations, while unemployment fell to 4.3%, though February losses were revised downward to 133,000.

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RocketNews is a news aggregator covering top stories from around the globe across 17 categories. Stories are gathered from leading news organizations — including the BBC, The Guardian, the Associated Press, NPR, Al Jazeera, and respected industry publications — along with government sources and official releases. Each story is presented without advertising as an original summary produced with Claude AI, with attribution and a link to the original reporting at the source. RocketNews also publishes featured articles from contributing writers. Story selection and summaries are automated.

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