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Author: Elisabeth Buchwald, USA TODAY

Money

I was 12 when I bought my first stock. My portfolio is beating my 401(k)

July 21, 2022July 21, 2022 Elisabeth Buchwald, USA TODAY Comments Off on I was 12 when I bought my first stock. My portfolio is beating my 401(k)

In this bear market 401(k)’s are looking less cheerful. I’m oddly comforted by the fact that a portfolio I started at 12 is outperforming my 401(k)

Money

Morgan Stanley’s Mike Wilson predicts S&P 500 trough. What does that mean for the economy?

July 18, 2022 Elisabeth Buchwald, USA TODAY Comments Off on Morgan Stanley’s Mike Wilson predicts S&P 500 trough. What does that mean for the economy?

Mike Wilson of Morgan Stanley says the S&P trough will be around 3,400 if a recession is avoided. What does a trough mean for the economy and stocks?

Money

Citibank CEO: ‘Little of the data I see tells me the US is on the cusp of a recession’

July 15, 2022 Elisabeth Buchwald, USA TODAY Comments Off on Citibank CEO: ‘Little of the data I see tells me the US is on the cusp of a recession’

Is the U.S. in a recession right now? It’s hard to tell by looking at Americans’ bank accounts. JPM, Citi and Wells Fargo tout consumer strength on earnings calls

Money

Bank of America lowers S&P 500 target as risk of recession increases with high inflation

July 14, 2022July 14, 2022 Elisabeth Buchwald, USA TODAY Comments Off on Bank of America lowers S&P 500 target as risk of recession increases with high inflation

JPM stock slid after the bank reported a sharp drop in earnings. The Dow and S&P 500 closed down on fears Fed doing a 100 basis point rate hike

Money

June CPI inflation report: Largest price increases include gas, butter and flour

July 14, 2022 Elisabeth Buchwald, USA TODAY Comments Off on June CPI inflation report: Largest price increases include gas, butter and flour

CPI breakdown: Some of the largest price increases in June were gas, butter and margarine. Overall inflation hit a new 40-year high of 9.1%

Money

As more companies cover abortion travel in health insurance plans, are interstate travel bans next?

July 6, 2022 Elisabeth Buchwald, USA TODAY Comments Off on As more companies cover abortion travel in health insurance plans, are interstate travel bans next?

A growing list of companies are covering travel to get an abortion. But are bans on interstate travel coming after Supreme Court’s Roe v. Wade ruling?

Money

Dow, S&P 500, Nasdaq recover losses to eke out gains, oil drops below $100 per barrel

July 5, 2022July 5, 2022 Elisabeth Buchwald, USA TODAY Comments Off on Dow, S&P 500, Nasdaq recover losses to eke out gains, oil drops below $100 per barrel

The S&P 500, Dow and Nasdaq erase early losses to end slightly higher, but investors remain nervous a recession is on its way.

Money

Is the stock market open on July 4?

July 1, 2022July 1, 2022 Elisabeth Buchwald, USA TODAY Comments Off on Is the stock market open on July 4?

The bond market closed early on July 1 ahead of July 4th weekend. Stocks had a rough second quarter driven by inflation and recession fears.

Money

EY agrees to pay $100 million fine to settle SEC investigation into ethics exam cheating

June 28, 2022 Elisabeth Buchwald, USA TODAY Comments Off on EY agrees to pay $100 million fine to settle SEC investigation into ethics exam cheating

EY agreed to pay $100 million to settle an SEC probe which found that some auditors cheated on the ethics section of their CPA exam

Money

Inflation is causing more people to skimp on tips, hitting service workers hard

June 26, 2022 Elisabeth Buchwald, USA TODAY Comments Off on Inflation is causing more people to skimp on tips, hitting service workers hard

“I’m really pinching my pockets and I’m going, ‘crap, crap, crap – I haven’t paid my water bill in two months,” said a bartender whose tips are down.

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Headlines

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

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

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

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Idalia makes history along Florida’s Big Bend, McConnell freezes again: 5 Things podcast

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5 people shot in Illinois, 2 in critical condition

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USA TODAY Sports staff makes college football picks: Check out the predictions for 2023

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Why Deion Sanders’ Colorado Buffaloes team could surprise the nation (or not)

August 31, 2023 Brent Schrotenboer, USA TODAY
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