Employers added jobs in October. Economists expected 85,000.
Author: Paul Davidson, USA TODAY
Those Fed cuts are adding up. Here’s how lower interest rates affect credit card, mortgage and savings rates
A third Fed rate cut since July would shave borrowing costs on credit cards, home equity lines and other debt. Savers will be pinched.
Fed at a crossroads: Rate cut likely this week, but is this the last hurrah?
The Fed is expected to cut interest rates again this week but attention will focus on signals it gives about whether more reductions are coming
More employers offer flexible hours, but many grapple with how to make it succeed
More businesses are offering flexible schedules but it doesn’t always work. Some don’t formalize policies or provide technology to make it seamless
Black households can afford just 25% of homes for sale, down from 39% in 2012
Because of big price increases and more modest income gains, black households can afford 25% of homes for sale, off from 39% in 2012, Redfin says.
Social Security cost-of-living increase to raise benefits 1.6% in 2020
Social Security’s cost-of-living adjustment will raise benefits 1.6% in 2020. That’s down from 2.8% in 2019 and in line with modest gains past decade
Powell hints Fed is leaving door open to another rate cut this month, citing global risks
Federal Reserve Chairman Jerome Powell hinted Tuesday that the central bank is leaving the door open to another rate cut later this month.
The market & impeachment: May Trump process be worse on stocks than Nixon, Clinton probes?
Here’s how stocks fared when Nixon and Clinton faced impeachment. What could happen to markets and your 401(k) during a Trump impeachment?
Employers added just 136K jobs in September while unemployment rate hits a new 50-year low
Employers added 136,000 jobs to the U.S. economy in September. Economists had expected gains.
Dow: Signs of slowing job growth, troubles overseas push US stocks lower
Investors grappled with more worrisome economic data Wednesday: Hiring reportedly slowed more than expected in September.