Paul Davidson
The Tennessean
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Recent articles by Paul:
How would Fed's second rate cut in 2019 affect credit card, home equity line, savings rates?
How will the Fed's anticipated rate cut Wednesday affect credit card, home equity line, savings rates. It's the Fed second cut in less than 2 months → Read More
Another cut? Fed looks ready to lower interest rates again with the economy facing risks
The Fed Is expected to cut its key interest rate by a quarter point Wednesday. It trimmed the rate in July for the first time in a decade. → Read More
Why the Dow fell and oil prices surged Monday
Stocks fell and oil rose Monday as an attack on Saudi Arabian oil facilities pushed crude prices higher and raised the prospect of more expensive gasoline. → Read More
Exclusive: Small business support for Trump ebbs, but experts say he can reclaim voters
More small businesses prefer a Democrat than Trump in the 2020 election, a new survey shows. That represents erosion of his traditional support → Read More
Trump wants Fed to cut interest rates to zero or below. Here's what it could mean for you.
Trump wants the Federal Reserve to lower interest rates to zero or below. That could mean lower borrowing costs but also meager bank savings rates. → Read More
Economy added disappointing 130,000 jobs in August, giving Fed another reason to cut rates
Employers added just 130,000 jobs in August. Economists expected 160,000 payroll gains. → Read More
Trade war: How tariffs on clothing, TVs and school supplies could affect you next week
President Trump's tariffs are aimed more Chinese consumer goods starting Sunday. Clothing, TVs, lamb, pasta, glasses and pens are among products hit → Read More
US has half a million fewer jobs than believed after big government revision
There were 501,000 fewer jobs created from April 2018 to March 2019. Jobs in retail, hospitality and professional services were revised down sharply. → Read More
Employers added solid 164,000 jobs in July, underscoring sturdy economy
Employers added solid 164,000 jobs in July. Economists expected 165,000 gains. → Read More
How a Fed rate cut will affect your credit card payment, home equity line, savings rates
The Fed cut its key benchmark rate by a quarter point. This is what it means for credit cards, home equity lines, mortgages and savings rates. → Read More
Despite a solid economy, Fed cuts its key rate by quarter point to ward off a recession
The Fed cut rates by a quarter point despite a solid economy, its first decrease since 2008. Slowing global growth and US-China trade war pose risks. → Read More
How a Fed rate cut will affect your credit card payment, home equity line, savings rates
A Federal Reserve rate cut lowers rates on credit cards, home equity lines and adjustable rate mortgages. It also decreases bank savings rates. → Read More
Trump tweets Fed interest rate cut "will do very little" compared to Europe and China
President Trump tweeted that the Fed's expected quarter point rate cut "will do very little" compared to more aggressive steps by Europe and China. → Read More
Here's some good news if you're buying a home: cash is no longer king
All-cash home purchases have waned in popularity. The reasons include fading bidding wars, falling mortgage rates and rising prices. → Read More
A 'troubling signal' for the economy is fewer goods being shipped across the country
Retailers and manufacturers are shipping fewer goods by truck, rail and air. That's adding to concerns about a possible looming recession → Read More
Could a second straight quarter of falling earnings signal a possible recession?
With earnings season underway, a second straight quarter of declining S&P 500 profits would add to concerns about a possible recession by next year. → Read More
Here's where you can have 4-day work week. Is this the next big thing?
A growing number of businesses are adopting a four-day workweek to reduce burnout and bolster recruitment in a tight labor market. → Read More
Dow tops 27,000 for the first time on easing trade tensions, prospect of lower rates
The Dow topped 27,000 for the first time Thursday as easing trade tensions and the Fed’s campaign to lower rates offset lingering economic worries. → Read More
How would a Fed rate cut affect your credit cards, home equity lines and bank savings
The Federal Reserve seems poised to cut rates for the first time in a decade. How would a cut affect your credit cards, home equity lines, savings. → Read More
Powell signals Fed prepared to cut rates this month despite improved jobs, trade backdrop
The Federal Reserve Chairman Jerome Powell signaled to Congress that central bank officials are prepared to cut interest rates in late July. → Read More