Consumers who miss credit payments or amass more debt will see falling credit scores under new FICO standards. On-time payers will get a boost.
Author: Paul Davidson, USA TODAY
When it comes to hiring, millennials are killing it
Hiring managers focus most on millennials, followed by Gen Z, with baby boomers trailing. They’re most intent on retaining Gen X.
Economy added disappointing 145,000 jobs in December and the unemployment rate was unchanged at 3.5%
Employers added 145,000 jobs in December. Economists had forecast 160,000.
Buying a new house may now be easier for millennials as more starter homes get built
More starter homes are getting built, and that means more millennials may now be able to afford a new house after years of struggling.
If a recession hits next year, it would probably be mild. But a recovery would also be tame.
If a recession hits in 2020, it would probably be relatively mild. But a recovery would be tame because policymakers have few weapons to fight it
Businesses hire high-skilled workers even if there’s no job for them. Here’s why
Businesses are hiring high-skilled workers even if they have no job openings for them. They’re afraid of coming up short in a competitive labor market
Tesla CEO Elon Musk makes another marijuana joke after stock gets ‘so high’ at $420
Tesla’s Elon Musk made another weed joke as stock topped $420, which is a pot reference. He paid a $20M fine in 2018 for a misleading marijuana gag.
‘Every little bit helps’: Minimum wage to rise in 24 states as a movement toward $15 an hour builds
Twenty-four states and 48 cities and counties will raise their minimum wages in 2020. The movement toward $15 an hour is building.
Stocks shrug off Trump’s impeachment, but could this be different from Clinton, Nixon sagas?
Could Trump’s impeachment hurt stocks even if he isn’t removed from office? A look at the Nixon and Clinton sagas says no but this could be different
That 2020 recession you kept hearing about? Could we dodge it?
Recession risks have eased but the economy is set to slow further in 2020, many economists say. Yet some expect a pickup while others fear a downturn