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Author: Paul Davidson, USA TODAY

Money

1.5M more workers file for unemployment even as many Americans return to work amid COVID-19

June 11, 2020 Paul Davidson, USA TODAY Comments Off on 1.5M more workers file for unemployment even as many Americans return to work amid COVID-19

An additional 1.5 million Americans filed first-time jobless claims as layoffs persist even as states reopen economies.

Money

COVID-19 pandemic will hurt retirement nest eggs more than Great Recession, new survey shows

June 11, 2020 Paul Davidson, USA TODAY Comments Off on COVID-19 pandemic will hurt retirement nest eggs more than Great Recession, new survey shows

Seven in 10 say COVID-19 affects retirement plans, says TD Ameritrade survey provided exclusively to USA TODAY. Many tap nest eggs, cut contributions

Money

Fed signals interest rates will likely stay near zero at least through 2022 amid COVID-19

June 10, 2020 Paul Davidson, USA TODAY Comments Off on Fed signals interest rates will likely stay near zero at least through 2022 amid COVID-19

Fed hold rates near zero, signals they’ll stay there amid coronavirus crisis and renews vow to use “full range of tools” to support economy.

Money

Despite breakout jobs report, Fed likely to downgrade outlook, signal near-zero rates for years

June 9, 2020June 9, 2020 Paul Davidson, USA TODAY Comments Off on Despite breakout jobs report, Fed likely to downgrade outlook, signal near-zero rates for years

Despite record 2.5 million job gains in May, Fed is likely to keep its key rate near zero amid COVID-19, signal it will likely stay there through 2022

Money

It’s official: The US is in a recession, ending longest expansion in history

June 8, 2020June 9, 2020 Paul Davidson, USA TODAY Comments Off on It’s official: The US is in a recession, ending longest expansion in history

The United States has entered a recession, ending the longest expansion in U.S. history, the National Bureau of Economic Research said Monday

Money

Defying predictions, economy gains 2.5M jobs and unemployment dips to 13.3% as businesses start to reopen amid COVID-19

June 5, 2020June 5, 2020 Paul Davidson, USA TODAY Comments Off on Defying predictions, economy gains 2.5M jobs and unemployment dips to 13.3% as businesses start to reopen amid COVID-19

The U.S. economy added 2.5M jobs in May as the U.S. economy reopened businesses shuttered by the coronavirus pandemic. 8 million job losses were forecast.

Money

‘Signs of stabilization’: Hiring picks up in these industries as coronavirus layoffs ease and states reopen

June 4, 2020June 7, 2020 Paul Davidson, USA TODAY Comments Off on ‘Signs of stabilization’: Hiring picks up in these industries as coronavirus layoffs ease and states reopen

As COVID-19-related layoffs ease, hiring picks up in some industries

Money

Another 1.9 million workers seek jobless benefits as layoffs persist even as states reopen economies

June 4, 2020June 5, 2020 Paul Davidson, USA TODAY Comments Off on Another 1.9 million workers seek jobless benefits as layoffs persist even as states reopen economies

1.9 million workers file for unemployment even as states begin letting businesses reopen after coronavirus shutdowns. Claims are a gauge of layoffs.

Money

Unemployment: Nearly 2M more Americans likely filed jobless claims but COVID-19 layoffs are easing

June 3, 2020June 3, 2020 Paul Davidson, USA TODAY Comments Off on Unemployment: Nearly 2M more Americans likely filed jobless claims but COVID-19 layoffs are easing

Nearly 2M more jobless claims are forecast, pushing total to more than 42M. But as economy reopens, layoffs are easing and some are returning to work

Money

Laid-off workers start side hustles, business ventures to survive amid COVID-19 pandemic

June 1, 2020June 1, 2020 Paul Davidson, USA TODAY Comments Off on Laid-off workers start side hustles, business ventures to survive amid COVID-19 pandemic

Americans laid off because of the coronavirus are scrambling for part-time jobs and new business ventures to make some extra money and survive.

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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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‘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

August 31, 2023 Bob Nightengale, USA TODAY

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

August 31, 2023 AP

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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