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Author: Paul Davidson, USA TODAY

Money

November jobs report: Unemployment rate held steady at 3.7% with 263,000 jobs added

December 2, 2022December 2, 2022 Paul Davidson, USA TODAY Comments Off on November jobs report: Unemployment rate held steady at 3.7% with 263,000 jobs added

The most recent jobs report showed that payrolls stayed strong at 263,000. Unemployment held at 3.7%, according to the Labor Department.

Money

Federal Reserve Chair Jerome Powell hints at smaller rate hike next month in speech

November 30, 2022 Paul Davidson, USA TODAY Comments Off on Federal Reserve Chair Jerome Powell hints at smaller rate hike next month in speech

Fed Chair Powell signaled rate hikes will likely slow next month but rates will likely rise further than thought to fight “much too high” inflation

Money

Social Security benefits in 2023 will rise the most in 40 years. How much will I get?

November 23, 2022November 29, 2022 Paul Davidson, USA TODAY Comments Off on Social Security benefits in 2023 will rise the most in 40 years. How much will I get?

In January 2023, recipients of Social Security checks will get their biggest hike in 40 years because of high inflation.

Money

Hiring freezes instead of layoffs gain ground in the job market as recession fears grow

November 22, 2022November 22, 2022 Paul Davidson, USA TODAY Comments Off on Hiring freezes instead of layoffs gain ground in the job market as recession fears grow

Amid recession fears, more firms leave open jobs unfilled, shrinking the workforce without layoffs. But that’s further stressing burned-out workers.

Money

Despite stock rally, recession in 2023 is still likely as Fed continues to raise rates

November 16, 2022November 16, 2022 Paul Davidson, USA TODAY Comments Off on Despite stock rally, recession in 2023 is still likely as Fed continues to raise rates

Despite the market rally, most economists still forecast a mild recession next year as the Fed continues to raise interest rates to curb inflation.

Money

Happy birthday to me: How Hurricane Ian totaled my Toyota Camry while I was on vacation

November 7, 2022 Paul Davidson, USA TODAY Comments Off on Happy birthday to me: How Hurricane Ian totaled my Toyota Camry while I was on vacation

Hurricane Ian totaled my car while I was on vacation, creating a distinctive set of challenges. Here’s what happened. And, it also was my birthday.

Money

How to fix high inflation, weak growth and labor shortages? Boost worker productivity.

November 2, 2022 Paul Davidson, USA TODAY Comments Off on How to fix high inflation, weak growth and labor shortages? Boost worker productivity.

Bosses are using cross-training and automation to reverse sagging worker productivity. Success could tame rising inflation and higher interest rates.

Money

Latest GDP report shows US economy grew 2.6%, but recession risks loom

October 27, 2022October 27, 2022 Paul Davidson, USA TODAY Comments Off on Latest GDP report shows US economy grew 2.6%, but recession risks loom

An economic report showed growth of 2.6% in Q3, a rebound from the first half of 2022. But inflation, Fed rate hikes will likely spur recession.

Money

Could a looming recession be more severe than forecast? Some economists say ‘yes’ and here’s why.

October 27, 2022October 27, 2022 Paul Davidson, USA TODAY Comments Off on Could a looming recession be more severe than forecast? Some economists say ‘yes’ and here’s why.

Will there be a recession in 2023? Most economists predict yes, but there is a split on how severe it will be.

Money

Hiring reaches a turning point: Should bosses hire now or see if a recession hits the economy?

October 24, 2022October 25, 2022 Paul Davidson, USA TODAY Comments Off on Hiring reaches a turning point: Should bosses hire now or see if a recession hits the economy?

As the economy slows, some firms are scaling back hiring or cutting workers while others add staff. How are they deciding?

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Headlines

Justice Clarence Thomas discloses three trips paid for GOP donor, attorney blasts critics

August 31, 2023 John Fritze, USA TODAY

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

August 31, 2023 Paul Davidson, USA TODAY

Gadget guru or digitally distracted? Which of these 5 tech personalities are you?

August 31, 2023 Jennifer Jolly

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

August 31, 2023 John Bacon, Douglas Soule and Christopher Cann, USA TODAY

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

August 31, 2023 Kim Hjelmgaard, USA TODAY

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

August 31, 2023 Bob Nightengale, USA TODAY

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

August 31, 2023 Taylor Wilson, USA TODAY

5 people shot in Illinois, 2 in critical condition

August 31, 2023 AP

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

August 31, 2023August 31, 2023 USA TODAY

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

August 31, 2023 Brent Schrotenboer, USA TODAY
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