Paul Davidson
USA TODAY
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Recent articles by Paul:
Inflation remains high, sending stocks tumbling, even as lower gas prices ease consumer pain, CPI report shows
Food and rent costs rose again in August, a CPI report showed, offsetting lower gas prices and raising fears the Fed will keep sharply hiking rates. → Read More
COVID's wrath is receding: Women from 25 to 54 are returning to the job market
The share of working-age women back at work or looking for jobs shot past its pre-pandemic peak. Child care, inflation and wages are factors. → Read More
Can anything stop blockbuster US job growth? Why it keeps rolling despite slowing economy, recession worries
Hiring has continued to boom despite slowing sales and recession fears as firms struggling with labor shortages have been hesitant to lay off workers. → Read More
August jobs report: Job market 'falling back to earth,' unemployment rises to 3.7%.
The economy added 315,000 jobs in August, "getting Americans back to work," says Labor Secretary Walsh. Unemployment rose from 3.5% to 3.7%. → Read More
Another gender gap emerges: Men recovered all jobs lost during COVID, but women lag
Men regained all jobs wiped out by the pandemic, the July jobs report shows. But women still lag, even as the economy recoups all 22M lost jobs. → Read More
Quiet quitting: Employees suffering pandemic burnout say they've just stopped working as hard
Quiet quitting: More employees burned out by COVID-era workloads say they'll do what's required in their jobs but won't go above and beyond. → Read More
Economy shrank 0.9%, marking second straight contraction and stoking recession worries
The economy shrank 0.9% in Q2, marking second straight contraction, raising recession concerns. Inflation, Fed rate hikes set to slow growth → Read More
Fed increases key interest rate by 0.75 points again. How will it affect the economy and you?
The Federal Reserve increased its key interest rate by 0.75 percentage point for a second straight month to battle inflation that's at a 40-year high. → Read More
The Fed's ready for another big interest rate hike. This is what it means for you.
The Fed's seen raising rates by 75-basis-points. That would increase every consumer rate from auto and home loans to savings and credit card rates. → Read More
Inflation hits another 40-year high. What's that mean for shoppers and the next Fed rate hike?
Inflation touched a new 40-year high last month as gas, food, and rent costs surged. That will likely mean another big Fed rate hike this month. → Read More
There are signs inflation could slow. But that likely won't stop a record high in consumer prices and a big Fed hike
June consumer price index is likely to reveal another new 40-year high. There are signs inflation is easing but a big Fed hike is still expected. → Read More
College grads are snaring high-paying jobs. How the labor shortage made way for better benefits.
College graduates get better jobs at higher pay, along with flexible hours, remote work and student debt repayment as employers face worker shortages. → Read More
Federal Reserve increases key interest rate by 0.75% in biggest hike since 1994. What's that mean for economy and you?
The Fed hiked its key interest rate by the most since 1994 to fight inflation. It forecast more big increases that will impact rates for consumers. → Read More
Inflation hit new 40-year high in May as gas, grocery, rent prices jumped
Inflation hits new 40-year high in May as gas, food, rent prices jump, CPI report shows. → Read More
'I exhausted my savings': Inflation has Americans turning to loans, credit cards to cope. Does it pose big risks?
A persistent rise in missed payments could lead banks to pull back on lending to people with poor credit histories, putting more stress on that group. → Read More
Some top economists say a recession is growing more likely, but it probably would be mild
Some top economists say any recession that starts this year probably would be mild. The economy, labor market and household finances are strong. → Read More
Social Security checks could get an 8.6% cost-of-living boost in 2023 as inflation spikes
Social Security payments could increase 8.6% in 2023 for about 70 million retirees, disabled people and others. That would be the most since 1981. → Read More
A Supreme Court ruling ending abortion rights could keep more women out of workforce, hurt economy
A Supreme Court ruling that overturns Roe v. Wade could hurt women's labor force participation and the economy, women's rights groups say. → Read More
South and West lead in recovery of jobs lost during COVID-19. See where your state ranks
The South and West regions lead in recovering jobs lost during the pandemic. Though some states may never return to prior levels. → Read More
Fed raises interest rates for first time in 3 years to fight inflation, forecasts six more hikes in 2022
The Federal Reserve raised rates to battle inflation that's at a 40-year high. It forecast six more hikes in 2022. → Read More