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Author: Paul Davidson, USA TODAY

Money

Stocks shrug off Trump’s impeachment, but could this be different from Clinton, Nixon sagas?

December 19, 2019Paul Davidson, USA TODAYComments Off on Stocks shrug off Trump’s impeachment, but could this be different from Clinton, Nixon sagas?

Could Trump’s impeachment hurt stocks even if he isn’t removed from office? A look at the Nixon and Clinton sagas says no but this could be different

Money

That 2020 recession you kept hearing about? Could we dodge it?

December 13, 2019Paul Davidson, USA TODAYComments Off on That 2020 recession you kept hearing about? Could we dodge it?

Recession risks have eased but the economy is set to slow further in 2020, many economists say. Yet some expect a pickup while others fear a downturn

Money

Fed stands pat on rates, signals no cuts, or hikes, in 2020

December 11, 2019Paul Davidson, USA TODAYComments Off on Fed stands pat on rates, signals no cuts, or hikes, in 2020

Fed held key interest rate steady and forecast no cuts or hikes in 2020. That reaffirms it’s on hold unless events cause “material” outlook change.

Money

A booming jobs report isn’t an all-clear signal for the economy

December 8, 2019Paul Davidson, USA TODAYComments Off on A booming jobs report isn’t an all-clear signal for the economy

The blockbuster November jobs report, eased recession worries and reflects renewed business confidence in recent months. But the economy is slowing.

Money

Economy added booming 266,000 jobs in November and the unemployment rate fell to 3.5%

December 6, 2019Paul Davidson, USA TODAYComments Off on Economy added booming 266,000 jobs in November and the unemployment rate fell to 3.5%

Employers added booming 266,000 jobs in November, a total partly inflated by the return of striking GM workers. Economists expected 184,000 gains.

Money

This challenge could delay your holiday packages

December 2, 2019December 2, 2019Paul Davidson, USA TODAYComments Off on This challenge could delay your holiday packages

More businesses are adopting creative strategies to find workers in a historically tight labor market. They include sharing workers and hiring early.

Money

Why aren’t wages rising faster even with low unemployment? Trade war, weaker economy are among reasons

November 14, 2019November 14, 2019Paul Davidson, USA TODAYComments Off on Why aren’t wages rising faster even with low unemployment? Trade war, weaker economy are among reasons

Why aren’t average wages rising faster in light of low unemployment?

Money

Powell: U.S. debt is ‘on unsustainable path,’ crimping ability to respond to recession

November 13, 2019November 15, 2019Paul Davidson, USA TODAYComments Off on Powell: U.S. debt is ‘on unsustainable path,’ crimping ability to respond to recession

Fed chief Powell tells Congress federal debt is on ‘unsustainable path,’ limiting ability to support economy in a downturn

Money

Hey millennials, look out below! Gen Zers may already be catching up in the salary race

November 11, 2019Paul Davidson, USA TODAYComments Off on Hey millennials, look out below! Gen Zers may already be catching up in the salary race

Gen Zers are closing the pay gap with millennials even though they have far less experience. They’re making the most of a tight labor market.

Money

Millennials, Gen Xers to baby boomers: Can you retire so I can get a job promotion?

November 7, 2019Paul Davidson, USA TODAYComments Off on Millennials, Gen Xers to baby boomers: Can you retire so I can get a job promotion?

Baby boomers are putting off retirement and that may be making it harder for millennials and Gen Xers to get promoted: USA TODAY/LinkedIn survey.

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

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

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