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Author: Paul Davidson, USA TODAY

Money

Manufacturing workers, black men among losers in February jobs report

March 8, 2019Paul Davidson, USA TODAYComments Off on Manufacturing workers, black men among losers in February jobs report

The February jobs report yielded winners and losers. Winners included those without a high school diploma, while unemployment rose for black workers

Money

Just 20,000 jobs added in February as hiring slows, unemployment drops in latest report

March 8, 2019Paul Davidson, USA TODAYComments Off on Just 20,000 jobs added in February as hiring slows, unemployment drops in latest report

Hiring likely to continue to slow as economy weakens, and low unemployment rate makes it harder to find workers

Money

Businesses hire high-skilled workers even if there’s no job for them. Here’s why

March 6, 2019March 6, 2019Paul Davidson, USA TODAYComments Off on Businesses hire high-skilled workers even if there’s no job for them. Here’s why

Businesses are hiring high-skilled workers even if they have no job openings for them. They’re afraid of coming up short in a competitive labor market

Money

Economy grew 2.6% in Q4 and 2.9% in 2018, matching strongest yearly showing since recession

February 28, 2019Paul Davidson, USA TODAYComments Off on Economy grew 2.6% in Q4 and 2.9% in 2018, matching strongest yearly showing since recession

The U.S. economy grew 2.6 percent in Q4 and 2.9 percent for all of 2018. That matches its best annual performance since the recession.

Money

Federal Reserve will be ‘patient’ as it weighs rate hikes, Powell says

February 26, 2019Paul Davidson, USA TODAYComments Off on Federal Reserve will be ‘patient’ as it weighs rate hikes, Powell says

Fed Chairman Powell told Congress policymakers will be patient on future rate hikes. His testimony echoed the Fed’s recent market-friendly messages.

Money

What housing slump? Amazon HQ2 juices spring home buying season in northern Virginia

February 26, 2019May 13, 2019Paul Davidson, USA TODAYComments Off on What housing slump? Amazon HQ2 juices spring home buying season in northern Virginia

Amazon’s HQ2 drives home sales, prices higher in Va. While investors swoop in, some sellers are waiting, pushing up prices further for spring season.

Money

Caring for kids and elders, middle-aged Americans fall short on retirement savings

February 26, 2019Paul Davidson, USA TODAYComments Off on Caring for kids and elders, middle-aged Americans fall short on retirement savings

Four in 10 middle-aged Americans don’t have emergency savings and another 31 percent have less than six months. Many are aiding kids, parents or both.

Money

Just two cities are in recession. Who’s unhappy? Elmira, New York and Danville, Illinois

February 25, 2019February 25, 2019Paul Davidson, USA TODAYComments Off on Just two cities are in recession. Who’s unhappy? Elmira, New York and Danville, Illinois

Only two metro areas are in recession, the least in decades. Elmira, New York and Danville, Illinois, are factory towns struggling to reinvent themselves

Money

9 takeaways from Warren Buffett’s annual letter to Berkshire Hathaway shareholders

February 23, 2019February 23, 2019Paul Davidson, USA TODAYComments Off on 9 takeaways from Warren Buffett’s annual letter to Berkshire Hathaway shareholders

Berkshire Hathaway CEO Warren Buffett bemoaned a lack of acquisition targets for Berkshire Hathaway and noted the company’s big stock holdings grew .

Money

Payless liquidation sale prices: What you need to know about store closing sales

February 17, 2019Paul Davidson, USA TODAYComments Off on Payless liquidation sale prices: What you need to know about store closing sales

Payless liquidation sales started Sunday. Payless hours today vary by location. Here’s what you need to know to navigate the giant’s bargain bonanza.

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

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