Paul Davidson, USA TODAY

Paul Davidson


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Recent articles by Paul:

Did home sales, housing starts bounce back in May? Upcoming reports should offer clues

A batch of reports on housing -- builder sentiment, housing starts and existing home sales -- highlights a light week of economic news this week. → Read More

Fed decision: Federal Reserve hikes rates to range of 1.75% to 2%, ups forecast to 4 hikes in '18

The Federal Reserve raised interest rates for the second time this year to a range of 1.75% to 2%. → Read More

How the Fed rate hike affects credit cards, mortgages, savings rates

We look at the impact of the Federal Reserve rate hike on mortgage rates, auto loans and other consumer borrowing costs. → Read More

The economy is humming. So why do experts foresee a recession in 2020?

Many economists are forecasting a recession in 2020. Here's are several scenarios that could make it happen. → Read More

Quick, make an offer! 5 cities where homes sold fastest, and the 5 slowest

The housing market is experiencing some of the fastest turnaround since the housing crash and recession, USA Today reports. Here are five cities where homes are selling the fastest — and the five slowest. → Read More

What gig economy? Fewer working as freelancers, contractors than believed

The gig economy is smaller than believed, according to a government report, with fewer people working as freelancers and contractors → Read More

Did job openings stay near record level? Workers can only hope

A report on job openings highlights the week's economic news. They hit a record 6.6 million in March. Also: Reports on service sector, consumer credit → Read More

Can the 3.8% unemployment rate tumble toward zero?

How low can unemployment go? → Read More

Can the 3.8% unemployment rate tumble toward zero?

How low can unemployment go? → Read More

Can the 3.8% unemployment rate tumble toward zero?

The unemployment rate fell to an 18-year low of 3.8% in May. It can probably slide some more. But to what? → Read More

Payroll surge: Employers added 223,000 jobs in May

The economy added 223,000 jobs in May and the unemployment rate . Economists had expected 190,000 gains → Read More

Best and worst cities for underwater mortgages a decade after the housing crisis

The share of homeowners who owe more on their mortgages than their houses are worth has dipped below 10% for the first time since the housing crisis. But it's still above the historical average. → Read More

Jobs: ADP employment report shows 178,000 jobs added in May vs. 190,000 forecast

Payroll processor ADP said Wednesday that businesses added 178,000 jobs last month, possibly reflecting at least a modest pickup in hiring but also the growing impact of worker shortages. → Read More

Did job growth bounce back in May? The week ahead in economic reports

Job growth likely rebounded in May to 190,000 after two tepid months. Also this week: reports on consumer confidence and spending, factory activity. → Read More

Oil prices fall on talk of hike in production, raising hope for dip in gasoline prices

Oil prices fell Friday as Saudi Arabia and Russia signaled they may boost production by up to 1 million barrels a day to offset lower global supplies → Read More

Mortgage interest rates 2018: Rates hit 7-year high, slow home sales

Rising mortgage rates are crimping home sales. The average 30-year fixed mortgage rate hit a new seven-year high of 4.66% the past week. → Read More

Why store-branded credit card delinquencies hit 7-year high

Delinquencies on store-branded credit cards have reached a seven-year high. Some customers think they can avoid paying if stores close or go bankrupt → Read More

Jobs: 74% of adults say they're OK financially, up from 70%

Nearly 75% of Americans are doing ok financially or living comfortably, up from 70% a year earlier. But 40% couldn't pay a $400 emergency expense. → Read More

The most in demand jobs in 2018 with biggest pay hikes include cashier, truck driver

The list of top 10 jobs with the biggest pay hikes includes cashier, delivery driver and bank teller as well as network engineer and web developer. → Read More

Did real estate rise in April? Home sales reports, Fed minutes highlight week's news

New and existing home sales, along with Fed meeting minutes, highlight the economic news this week. Fed minutes could give a clear signal of a June rate hike. → Read More