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Author: Medora Lee, USA TODAY

Money

Wall Street generally likes a divided government. Here’s why.

November 6, 2022November 9, 2022Medora Lee, USA TODAYComments Off on Wall Street generally likes a divided government. Here’s why.

Stocks usually rise after midterm elections, especially if a divided government results. But some warn nothing about the economy is typical this year.

Money

Powerball jackpot still up for grabs. Here’s what to do if you win

November 2, 2022November 7, 2022Medora Lee, USA TODAYComments Off on Powerball jackpot still up for grabs. Here’s what to do if you win

The Powerball jackpot sits at $1.9 billion for Monday’s drawing. Here’s what to do if you win.

Money

The Fed did it, again. How another supersize rate hike may shake up your finances.

November 2, 2022November 2, 2022Medora Lee, USA TODAYComments Off on The Fed did it, again. How another supersize rate hike may shake up your finances.

Another supersize Fed rate hike was announced on Wednesday. What this could mean for your finances and how you can prepare.

Money

Amazon and Apple see slowdown ahead even as consumers are still spending. Here’s why.

October 31, 2022October 31, 2022Medora Lee, USA TODAYComments Off on Amazon and Apple see slowdown ahead even as consumers are still spending. Here’s why.

Amazon and Apple said sales should slow this quarter even as government data Friday showed consumers continuing to spend through inflation. Here’s why

Money

Diesel supply dwindles, with few ways to boost it. How this affects the economy and you.

October 25, 2022November 7, 2022Medora Lee, USA TODAYComments Off on Diesel supply dwindles, with few ways to boost it. How this affects the economy and you.

Diesel and heating oil supply’s low, which could keep inflation high and push up heating bills this winter. Some say only a recession can dent prices.

Money

Consumers are feeling less cheerful ahead of the holidays. What this may mean for spending

October 25, 2022Medora Lee, USA TODAYComments Off on Consumers are feeling less cheerful ahead of the holidays. What this may mean for spending

Consumer confidence is weakening under the weight of inflation, higher rates, and economic uncertainty. This could affect holiday spending, some say.

Money

Good news is wages are rising. Unfortunately, that may also be bad news. Here’s why.

October 25, 2022October 25, 2022Medora Lee, USA TODAYComments Off on Good news is wages are rising. Unfortunately, that may also be bad news. Here’s why.

Hot inflation could push wages up, which could boost prices again, in a “wage-price spiral. Is that what’s happening?

News

Buy I bonds now to lock in a record 9.62% for 6 months. On Nov. 1, the rate drops to 6.48%

October 20, 2022October 20, 2022Medora Lee, USA TODAYComments Off on Buy I bonds now to lock in a record 9.62% for 6 months. On Nov. 1, the rate drops to 6.48%

I Bond rates will drop to 6.48% on Nov. 1 from a record high 9.62%. If you act quickly, you can still lock in the record rate for six months.

Money

Energy price shuffle means no inflation relief. Winter utility bills to cancel gas savings.

October 19, 2022October 19, 2022Medora Lee, USA TODAYComments Off on Energy price shuffle means no inflation relief. Winter utility bills to cancel gas savings.

Consumers will still feel the strain of high energy prices this winter. It’ll just show up in soaring utility bills instead of at the pump.

Money

Amazon Prime Day: Inflation pushes household staples to top of spending categories – again

October 12, 2022October 13, 2022Medora Lee, USA TODAYComments Off on Amazon Prime Day: Inflation pushes household staples to top of spending categories – again

Household essentials top early spending categories, again, at Amazon Prime Day in a sign of how inflation’s shaping spending even ahead of holidays.

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Headlines

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A State Department office is giving young people a voice. Abby Finkenauer is leading the effort

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Far-right candidate seduces Argentine electorate

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Hundreds join Nepal gay pride rally

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Gadget guru or digitally distracted? Which of these 5 tech personalities are you?

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These kids are good: Young Reds in pursuit of a pennant stretch to remember

August 31, 2023Bob Nightengale, USA TODAY

Dog repeatedly escapes Michigan shelter, sneaks into nursing home, is adopted by residents

August 31, 2023John Carlisle, Detroit Free Press

U.S. Embassy urges Americans to leave Haiti ‘as soon as possible’

August 31, 2023Kim Hjelmgaard, USA TODAY

Kia recalls nearly 320,000 cars because the trunk may not open from the inside

August 31, 2023Francisco Guzman, USA TODAY

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

August 31, 2023August 31, 2023Paul Davidson, USA TODAY
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