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Author: Paul Davidson, USA TODAY

Money

Hiring boom could slow, starting with May jobs report. But that may be a good thing.

June 2, 2022June 2, 2022 Paul Davidson, USA TODAY Comments Off on Hiring boom could slow, starting with May jobs report. But that may be a good thing.

Job growth could slow after a streak of booming gains, starting with the May jobs report, due out June 3. Economists expect gains of 325,000.

News

‘I exhausted my savings’: Inflation has Americans turning to loans, credit cards to cope. Does it pose big risks?

June 1, 2022June 5, 2022 Paul Davidson, USA TODAY Comments Off on ‘I exhausted my savings’: Inflation has Americans turning to loans, credit cards to cope. Does it pose big risks?

A persistent rise in missed payments could lead banks to pull back on lending to people with poor credit histories, putting more stress on that group.

Money

Americans were ‘doing okay’ or ‘living comfortably’ last fall before inflation hit, stocks plunged

May 23, 2022May 23, 2022 Paul Davidson, USA TODAY Comments Off on Americans were ‘doing okay’ or ‘living comfortably’ last fall before inflation hit, stocks plunged

Seventy-eight percent of adults were ‘doing ok’ or ‘living comfortably’ last fall, highest on record, Fed survey shows.

Money

Some top economists say a recession is growing more likely, but it probably would be mild

May 23, 2022May 23, 2022 Paul Davidson, USA TODAY Comments Off on Some top economists say a recession is growing more likely, but it probably would be mild

Some top economists say any recession that starts this year probably would be mild. The economy, labor market and household finances are strong.

Money

US economy on brink of recovering pre-COVID-19 job numbers, but more than half of industries lag

May 19, 2022May 19, 2022 Paul Davidson, USA TODAY Comments Off on US economy on brink of recovering pre-COVID-19 job numbers, but more than half of industries lag

The economy could recover the 22M jobs lost in the pandemic by July. While some industries are far above pre-COVID-19 levels, others may not recover.

News

Social Security recipients could get an 8.6% cost-of-living increase in 2023 as inflation spikes

May 13, 2022May 14, 2022 Paul Davidson, USA TODAY Comments Off on Social Security recipients could get an 8.6% cost-of-living increase in 2023 as inflation spikes

Social Security payments could increase 8.6% in 2023 for about 70 million retirees, disabled people and others. That would be the most since 1981.

Money

Soaring inflation slowed in April. Will price-weary shoppers get a bit of relief?

May 11, 2022May 11, 2022 Paul Davidson, USA TODAY Comments Off on Soaring inflation slowed in April. Will price-weary shoppers get a bit of relief?

Inflation stayed elevated at 8.3% in April but eased off a 40-year high. Economists say it probably has peaked.

Money

Supreme Court ruling ending abortion rights may keep more women out of workforce, hurt economy

May 11, 2022June 24, 2022 Paul Davidson, USA TODAY Comments Off on Supreme Court ruling ending abortion rights may keep more women out of workforce, hurt economy

Could the Supreme Court’s overturning of Roe v. Wade hurt women’s labor force participation and the economy? Women’s rights groups say it will.

Money

Economy adds 428,000 jobs in April even as COVID cases edge higher, unemployment is unchanged at 3.6%

May 6, 2022May 6, 2022 Paul Davidson, USA TODAY Comments Off on Economy adds 428,000 jobs in April even as COVID cases edge higher, unemployment is unchanged at 3.6%

The economy added 428,000 jobs in April even as COVID-19 cases ticked higher. The unemployment rate was unchanged at 3.6%.

Money

Inflation is at a 40-year high. The Fed announced these aggressive moves to fight it

May 4, 2022May 4, 2022 Paul Davidson, USA TODAY Comments Off on Inflation is at a 40-year high. The Fed announced these aggressive moves to fight it

The Federal Reserve raised its key interest rate, which will set off a domino effect throughout the U.S. economy, from credit cards to mortgages.

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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?

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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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