Jenny Kosola
👤 SpeakerAppearances Over Time
Podcast Appearances
economy grew at a slower rate in the fourth quarter than expected.
The gross domestic product for the end of last year, the reading on the overall economy was revised slightly lower to up half a percent.
The quarter was impacted by the government shutdown.
Your natural gas bill could be higher for a while.
Shell says it will be producing less natural gas than previously planned because of the Iran conflict.
Shell's production in Qatar was disrupted, though it stepped up operations in Canada.
Shell and ExxonMobil say they will be making more from oil operations because of the recent jump in crude oil prices.
The International Air Transport Association, which represents airlines, believes it will take months for jet fuel supply to recover.
Jet fuel prices have more than doubled since the Iran conflict started.
Delta Airlines says those higher costs will result in higher fares and fewer flights.
Jenny Kosola, Fox News.
Hiring jumped last month.
There were 178,000 new jobs created in March, tripled the number expected, and the unemployment rate declined to 4.3%.
In March, jobs were added in health care, construction, transportation, and warehousing.
Federal government jobs continue to shrink.
There still appears to be little change in the number of layoffs.
New claims for unemployment benefits rose by just 5,000 in the week ending March 21st to 210,000.
The number matched the forecast from economists.