Paul Davidson
delawareonline
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Recent articles by Paul:
Why aren't wages rising faster even with low unemployment? Trade war, weaker economy are among reasons
Why aren't average wages rising faster in light of low unemployment? → Read More
Powell: U.S. debt is 'on unsustainable path,' crimping ability to respond to recession
Fed chief Powell tells Congress federal debt is on 'unsustainable path,' limiting ability to support economy in a downturn → Read More
Hey millennials, look out below! Gen Zers may already be catching up in the salary race
Gen Zers are closing the pay gap with millennials even though they have far less experience. They're making the most of a tight labor market. → Read More
Millennials, Gen Xers to baby boomers: Can you retire so I can get a job promotion?
Baby boomers are putting off retirement and that may be making it harder for millennials and Gen Xers to get promoted: USA TODAY/LinkedIn survey. → Read More
Economy added solid 128,000 jobs in October despite GM strike and loss of census workers
Employers added jobs in October. Economists expected 85,000. → Read More
Fed lowers rates again but hints it may be done cutting in the near-term
Federal Reserve lowered its key interest rate by a quarter percentage point for third time this year. → Read More
Economy grew 1.9% in third quarter as recession fears ease but still hover
The U.S. economy grew 1.9% in the third quarter as weak business investment persisted while consumer spending pulled back → Read More
Those Fed cuts are adding up. Here's how lower interest rates affect credit card, mortgage and savings rates
A third Fed rate cut since July would shave borrowing costs on credit cards, home equity lines and other debt. Savers will be pinched. → Read More
Fed at a crossroads: Rate cut likely this week, but is this the last hurrah?
The Fed is expected to cut interest rates again this week but attention will focus on signals it gives about whether more reductions are coming → Read More
Hoping to buy a cheaper home or sell at a higher price? Here are cities where prices could shift
Where home prices are likely to keep rising and where they may moderate is based on housing availability. A study analyzed population, housing growth → Read More
More employers offer flexible hours, but many grapple with how to make it succeed
More businesses are offering flexible schedules but it doesn't always work. Some don't formalize policies or provide technology to make it seamless → Read More
Black households can afford just 25% of homes for sale, down from 39% in 2012
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. → Read More
Donald Trump delays next round of China tariffs amid talks on limited trade deal
Donald Trump claims he is close to a short-term trade deal with China, but says details still have to be put to paper. → Read More
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 → Read More
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. → Read More
Trump and impeachment: Will affect on stocks be different from 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? → Read More
Employers added just 136,000 jobs in September while unemployment hits a new 50-year low
Employers added 136,000 jobs to the U.S. economy in September. Economists had expected gains. → Read More
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. → Read More
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 → Read More
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. → Read More