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Author: Paul Davidson, USA TODAY

Money

Millions of men are leaving the workforce. Here’s the lasting impact that has on the economy.

February 23, 2023February 24, 2023Paul Davidson, USA TODAYComments Off on Millions of men are leaving the workforce. Here’s the lasting impact that has on the economy.

The share of men, 25 to 54, working or looking for jobs has declined for decades. Here’s the impact it’s having on the economy and interest rates.

Money

Waiting on a raise? It may be smaller than you hoped. New survey indicates US wage growth will slow

February 22, 2023February 22, 2023Paul Davidson, USA TODAYComments Off on Waiting on a raise? It may be smaller than you hoped. New survey indicates US wage growth will slow

U.S. wage growth is expected to slow this year as employers hand out lower, though still solid, raises in 2023, a survey shows.

Money

Inflation could ease faster than Fed believes, reducing need for rate hikes, easing recession risk

February 13, 2023February 21, 2023Paul Davidson, USA TODAYComments Off on Inflation could ease faster than Fed believes, reducing need for rate hikes, easing recession risk

Inflation could slow faster than the Fed believes, reducing the need for more rate hikes and lowering recession risks. Rent growth is already easing.

Money

Powell says strong jobs report shows that more Fed rate hikes could be needed to lower inflation

February 7, 2023February 7, 2023Paul Davidson, USA TODAYComments Off on Powell says strong jobs report shows that more Fed rate hikes could be needed to lower inflation

Fed Chair Powell said last week’s blockbuster jobs report shows why additional interest rate hikes could be needed to dampen high inflation.

Money

A look at economy’s strengths, weaknesses as Biden sets to boast of record job growth in State of Union

February 7, 2023February 7, 2023Paul Davidson, USA TODAYComments Off on A look at economy’s strengths, weaknesses as Biden sets to boast of record job growth in State of Union

As Biden prepares to extol a strong economy in his State of the Union, a look at its strengths and weaknesses. Job growth is robust, housing is weak,

Money

Why January’s low unemployment rate shouldn’t have sunk stocks and stoked recession fears

February 5, 2023February 6, 2023Paul Davidson, USA TODAYComments Off on Why January’s low unemployment rate shouldn’t have sunk stocks and stoked recession fears

Friday’s report of 517,000 job gains in January rocked the market and raised concerns of sharper Fed rate hikes that could cause a recession.

Money

A 2023 recession would mean job losses for most industries even as others add workers

February 2, 2023February 3, 2023Paul Davidson, USA TODAYComments Off on A 2023 recession would mean job losses for most industries even as others add workers

A 2023 recession would mean layoffs and job losses in industries like construction and manufacturing. Energy and autos could gain.

Money

GDP report: Economy grew solidly in 4th quarter but recession fears remain. Here’s what to know.

January 26, 2023January 27, 2023Paul Davidson, USA TODAYComments Off on GDP report: Economy grew solidly in 4th quarter but recession fears remain. Here’s what to know.

The economy grew 2.9% in the fourth quarter but a recession is still likely in 2023, experts say. Sharp Fed rate hikes are expected to take bigger toll

Money

A recession in 2023 could take biggest toll on West, Northeast. See how your state may fare

January 26, 2023January 27, 2023Paul Davidson, USA TODAYComments Off on A recession in 2023 could take biggest toll on West, Northeast. See how your state may fare

A recession in 2023 could hit the West and Northeast hardest. The Midwest is likely to best withstand a downturn.

Money

Layoffs in a likely recession this year could be determined by software programs

January 23, 2023January 24, 2023Paul Davidson, USA TODAYComments Off on Layoffs in a likely recession this year could be determined by software programs

Layoffs in an anticipated recession this year could be made by software programs. Some experts worry the technology could miss nuances.

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Headlines

‘Never seen anything like this’: Idalia deluge still wreaking havoc in Southeast. Live updates

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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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