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Author: Janna Herron, USA TODAY

Money

Government workers tighten belts, brace for first missing paychecks during shutdown

January 11, 2019Janna Herron, USA TODAYComments Off on Government workers tighten belts, brace for first missing paychecks during shutdown

This week, 800,000 furloughed federal workers and their families are bracing for at least one missed paycheck. This is what they’re doing.

Money

Any takers? Manhattan penthouse cuts $70 million off its original sales price

January 10, 2019Janna Herron, USA TODAYComments Off on Any takers? Manhattan penthouse cuts $70 million off its original sales price

The Manhattan penthouse belonging to hedge fund manager Steven Cohen is now listed for $70 million less than its original price.

Money

Dow rallies over 700 points after Fed chair eases rate fears, job report beats estimates

January 4, 2019Janna Herron, USA TODAYComments Off on Dow rallies over 700 points after Fed chair eases rate fears, job report beats estimates

The Dow jumps 700 points, buoyed by a jobs report that exceeded expectations and soothing words from the Fed chair.

Money

Government shutdown 2019: Homebuyers with USDA mortgages can’t close on house sales

January 3, 2019January 3, 2019Janna Herron, USA TODAYComments Off on Government shutdown 2019: Homebuyers with USDA mortgages can’t close on house sales

USDA loans can’t close until the government reopens.

Money

Stocks claw back from earlier losses and end higher, extending historic rally

December 27, 2018December 27, 2018Janna Herron, USA TODAYComments Off on Stocks claw back from earlier losses and end higher, extending historic rally

Stocks rebounded from losses to end the day higher. The turnaround extending gains from the previous day when the Dow surged over 1,000 points.

Money

From California to New York, states are raising minimum wages in 2019 for 17 million workers

December 27, 2018December 31, 2018Janna Herron, USA TODAYComments Off on From California to New York, states are raising minimum wages in 2019 for 17 million workers

Workers in as many as 22 states, including California and New York, plus the District of Columbia will get higher minimum wages next year.

Money

Stocks surge, with the Dow gaining 1,000 points, on oil rally and strong holiday sales

December 26, 2018December 27, 2018Janna Herron, USA TODAYComments Off on Stocks surge, with the Dow gaining 1,000 points, on oil rally and strong holiday sales

Stocks roared back on Wednesday, with the Dow surging more than 1,000 points after strong holiday sales, rally in oil market.

Money

Dow, stocks end sharply lower on Christmas Eve after weekend of Washington, D.C., turmoil

December 24, 2018December 24, 2018Janna Herron, USA TODAYComments Off on Dow, stocks end sharply lower on Christmas Eve after weekend of Washington, D.C., turmoil

The Standard & Poor’s 500 is now 19.77 percent off its Sept. 20 high.A bear market is when an index falls 20 percent or more from its recent high.

Money

‘Down, down, down’: Stocks sink as rate fears, shutdown gloom push Nasdaq into bear market

December 21, 2018December 23, 2018Janna Herron, USA TODAYComments Off on ‘Down, down, down’: Stocks sink as rate fears, shutdown gloom push Nasdaq into bear market

Stocks dropped again on Friday, capping a devastating week as investors succumbed to fears of rising rates, slowing growth and a looming shutdown.

Money

What has happened to the Trump Bump after a bad December for stocks?

December 21, 2018Janna Herron, USA TODAYComments Off on What has happened to the Trump Bump after a bad December for stocks?

It’s been a wild ride in Washington, D.C., this week and the turmoil has roiled stocks. What has happened to the Trump Bump?

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PCE inflation report: Key measure ticks higher in July. What will the Fed do?

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