Paul Davidson, USA TODAY

Paul Davidson


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Recent articles by Paul:

The economy is still all about

Baby boomers and those older are making an outsized share of consumer spending and economic growth. → Read More

Housing, earnings highlight financial news coming this week

Reports on housing starts, builder sentiment, import prices and the kickoff of second-quarter earnings highlight this week's news. → Read More

Interest rates to keep heading higher under Fed plan

Despite low inflation Fed chair Janet Yellen affirmed plans to raise rates gradually and begin shrinking its balance sheet → Read More

Yellen could give clues on rates, balance sheet

Fed Chair Janet Yellen testifies before Congress this week. She could confirm many economists’ belief that the Fed will start to shrink its $4.5 trillion balance sheet in September. → Read More

Mnuchin still expects middle-class tax cuts in 2017

Treasury Secretary tells ABC News detailed plan will be released in early September → Read More

Hiring rebound: Robust 222,000 jobs added in June

Hiring bounced back in June as employers added 222,000 jobs, easing concerns about the health of the economy and helping cement Federal Reserve plans to unwind its longstanding stimulus measures. → Read More

Are student loans as big of a problem as people think?

Many analysts say the nation’s record high $1.34 trillion in student debt is also casting a long shadow over the economy, delaying home purchases, crimping consumer spending and inhibiting business formation. → Read More

ADP: Businesses added 158,000 jobs in June

The private sector added 158,000 jobs in June, payroll processor ADP said Thursday, possibly signaling the government this week will report at least a modest rebound in hiring. Economists estimated ADP would count 183,000 new jobs at U.S. businesses, according to the median forecast of a Bloomberg survey. The Labor Department on Friday is expected to tally a solid 177,000 rise in employment in… → Read More

All the banks have enough capital to withstand a severe recession, Fed says

The Fed said thje banks have enough capital to withstand a recession → Read More

Why aren't small businesses borrowing more?

Some experts point to uncertainty over President Trump's agenda, among other factors → Read More

Why your credit card debt is about to get more expensive

Credit card balances, home equity lines of credit, adjustable-rate mortgages to be hit by Fed hike → Read More

Fed milestone: Central bank raises rates, plans to shrink its $4.5T in assets

The Fed raised rates a quarter percentage point and announced a plan to shrink its $4.5 trillion in assets, a move that will increase long-term rates. → Read More

Fed set to hike rates but wrestles with low inflation

The Federal Reserve is expected to lift its benchmark rate by a quarter point on Wednesday → Read More

Will Fed lower rate-hike forecast?

A Federal Reserve interest rate hike headlines a busy week of economic news. → Read More

Got a small raise? The rest may be in your bonus

More companies are giving bonuses instead of big across-the-board raises → Read More

Home building slowed as cities try to tame growth

New studies show less building in metro areas with more rules → Read More

Home building slowed as cities try to tame growth

New studies show less building in metro areas with more rules → Read More

Worker-friendly rules scrapped by Labor Dept.

Rules that made it easier for workers to sue for pay or permanent employee status are rolled back. → Read More

CEOs remain confident despite Trump's stumbles

Executives modestly increase spending blueprint , pull back hiring plans, Business Roundtable says → Read More

Week ahead: Service-sector report will give snapshot of economy

Also this week: reports on consumer credit and labor market dynamics → Read More