Paul Davidson, USA TODAY

Paul Davidson


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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