Paul Davidson
USA TODAY
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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