Because of big price increases and more modest income gains, black households can afford 25% of homes for sale, off from 39% in 2012, Redfin says.
Author: Paul Davidson, USA TODAY
Social Security cost-of-living increase to raise benefits 1.6% in 2020
Social Security’s cost-of-living adjustment will raise benefits 1.6% in 2020. That’s down from 2.8% in 2019 and in line with modest gains past decade
Powell hints Fed is leaving door open to another rate cut this month, citing global risks
Federal Reserve Chairman Jerome Powell hinted Tuesday that the central bank is leaving the door open to another rate cut later this month.
The market & impeachment: May Trump process be worse on stocks than Nixon, Clinton probes?
Here’s how stocks fared when Nixon and Clinton faced impeachment. What could happen to markets and your 401(k) during a Trump impeachment?
Employers added just 136K jobs in September while unemployment rate hits a new 50-year low
Employers added 136,000 jobs to the U.S. economy in September. Economists had expected gains.
Dow: Signs of slowing job growth, troubles overseas push US stocks lower
Investors grappled with more worrisome economic data Wednesday: Hiring reportedly slowed more than expected in September.
ATM fees reach a record average of $4.72 per withdrawal, with more coming
ATM fees hit record highs this year and faster hikes may be on the way. That’s because the Fed is cutting rates, crimping bank profit margins
More signs of recession? Slowing job growth, trade and factories add to economic worries
Manufacturing activity shrank for the second straight month, posting the worst showing in a decade. Stocks fell and recession fears deepened.
Americans, behind in the race to build retirement savings, take steps to catch up
Most Americans say they’re behind in their retirement savings, but they’re willing to take these steps to catch up, a survey shows.
Why the Dow has rebounded from turmoil in August and is nearing a new record
Stocks were set to close hire Friday for the eighth straight day and third week. The market has rebounded from August plunge and nears a record high