Paul Davidson
USA TODAY
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Recent articles by Paul:
Financial stress is rising for low- and middle-income U.S. households
Despite an better economy, low- and middle-income households are struggling more to keep up with rising rents and other basics. → Read More
Trump China tariffs could hike prices for TVs, batteries by 23%, study shows
Prices for Chinese batteries and other tech products would also soar under proposed Trump administration tariffs, an industry study says. → Read More
Start-ups are growing again, but with fewer jobs than before recession
Entrepreneurs are creating more start-up businesses but fewer jobs than they did before the recession → Read More
Instagram, Facebook photos spur Millennials to become homeowners
Millennials make up 65% of all first-time buyers, according to a survey by the National Association of Realtors (NAR). → Read More
EXCLUSIVE: Instagram, Facebook photos spur Millennials to become homeowners
While social media influences first-time home buyers overall, it has a particular hold on Millennials who see photos of houses on Instagram, Facebook and Twitter. → Read More
Did inflation rev up in March? Report and Fed meeting minutes out this week could offer clues
An inflation report and minutes of the Federal Reserve's March meeting highlight the economic news coming up this week. Both may shed light on the pace of Fed rate hikes. → Read More
Fed chief Powell: U.S.-China trade fracas doesn't dim near-term economic outlook
Fed Chairman Jerome Powell continues to expect further gradual rate hikes as the economy improves. He expects inflation to rise to the Fed's 2% target → Read More
U.S. employers added disappointing 103,000 jobs in March; colder weather cited as a reason
Employers added 103,000 jobs in March as colder weather appeared to crimp hiring after solid employment gains the first two months of the year. The unemployment rate was unchanged at 4.1%, the Labor Department said Friday. → Read More
Home buying market so brutal, some home buyers make offer sight unseen
For home sellers it will be a standout spring, as low housing supplies and higher prices will make the spring home buying season tough for buyers. → Read More
U.S.-China trade fight likely a blip for economy — if it doesn't escalate
The US-China trade battle is likely to have a minimal impact on the U.S. economy. Looming, however, is the risk of escalation that could prove damaging. For now the skirmish is being viewed as a negotiating tactic between China and Trump. → Read More
ADP: Businesses added 241,000 jobs in March
Economists expect ADP to report 210,000 private-sector job gains in March. The Labor Department' is projected to announce 185,000 new jobs Friday. → Read More
Unions to companies: Show me the money from the tax cut
As part of contract talks, unions are demanding that companies specify how much they're benefiting from the tax cut and where the money is going. → Read More
Hot housing market: home buyers are spending more than expected
Many home buyers are purchasing houses that are above their price ranges. Millennials are most likely to go beyond their budgets. → Read More
Employment trend? March jobs report highlights the week's economic news
The March jobs report highlights week's economic news. Did job growth sustain the strong gains recorded the prior two months? → Read More
Data breach hits Lord & Taylor's, Saks
Records for more than 5 million credit cards of customers of Lord & Taylor's and Saks Fifth Avenue have been stolen in another data breach → Read More
Trump tariffs on China imports could raise prices for shoppers
Trump's proposed tariffs on Chinese imports could raise costs for US consumers, and hurt American farmers and other businesses → Read More
Fed raises rates, keeps forecast for 3 hikes in 2018
The Federal Reserve raised its key interest rate and kept its forecast for three hikes in 2018 amid modest inflation → Read More
How Federal Reserve rate hike will affect mortgages, auto loans, credit cards
How the Fed Interest rate hike will consumer borrowing costs. Credit cards, adjustable-rate mortgages, home equity lines will be most affected. → Read More
Anticipation over rate hike forecast from Federal Reserve tops economic news this week
An anticipated interest rate hike by the Federal Reserve, along with a fresh forecast for future rate increases, tops this week's economic news. → Read More
How good is the tax cut for small business? Depends on who you ask
Larger small businesses will be helped by the tax cut more than smaller firms → Read More