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Author: Elisabeth Buchwald, USA TODAY

Money

Is the stock market open on July 4?

July 1, 2022July 1, 2022 Elisabeth Buchwald, USA TODAY Comments Off on Is the stock market open on July 4?

The bond market closed early on July 1 ahead of July 4th weekend. Stocks had a rough second quarter driven by inflation and recession fears.

Money

EY agrees to pay $100 million fine to settle SEC investigation into ethics exam cheating

June 28, 2022 Elisabeth Buchwald, USA TODAY Comments Off on EY agrees to pay $100 million fine to settle SEC investigation into ethics exam cheating

EY agreed to pay $100 million to settle an SEC probe which found that some auditors cheated on the ethics section of their CPA exam

Money

Inflation is causing more people to skimp on tips, hitting service workers hard

June 26, 2022 Elisabeth Buchwald, USA TODAY Comments Off on Inflation is causing more people to skimp on tips, hitting service workers hard

“I’m really pinching my pockets and I’m going, ‘crap, crap, crap – I haven’t paid my water bill in two months,” said a bartender whose tips are down.

Money

Companies paying for abortion-related travel include Dick’s Sporting Goods, Google, Disney

June 24, 2022June 27, 2022 Elisabeth Buchwald, USA TODAY Comments Off on Companies paying for abortion-related travel include Dick’s Sporting Goods, Google, Disney

The Supreme Court overturned Roe v. Wade on Friday, prompting more companies to announce new policies to cover travel costs to get an abortion.

Money

Stocks rallied after Powell says big rate hikes will be less common

June 15, 2022 Elisabeth Buchwald, USA TODAY Comments Off on Stocks rallied after Powell says big rate hikes will be less common

Stocks closed higher after the Fed’s rate decision. The Fed raised rates by 75 basis points. Investors continue to worry about a recession unfolding.

Money

S&P 500 closed in bear market, losing nearly 4% in one day as investors ready for a Fed meeting this week

June 13, 2022June 13, 2022 Elisabeth Buchwald, USA TODAY Comments Off on S&P 500 closed in bear market, losing nearly 4% in one day as investors ready for a Fed meeting this week

The S&P 500 closed in a bear market on Monday. Investors are weighing in a potential 75 basis point rate hike ahead of the Fed’s Wednesday meeting

Money

Inflation is scorching in once-affordable Phoenix. And rising gas, food prices are not to blame

June 10, 2022 Elisabeth Buchwald, USA TODAY Comments Off on Inflation is scorching in once-affordable Phoenix. And rising gas, food prices are not to blame

Phoenix home prices have been rising as more people from California move to the city to work remotely. But many residents are getting priced out

Money

What does it mean when a stock splits and why are Amazon and Google doing them?

June 6, 2022June 7, 2022 Elisabeth Buchwald, USA TODAY Comments Off on What does it mean when a stock splits and why are Amazon and Google doing them?

Stock splits allow investors to buy shares of a company like Amazon or Google at a lower price. But should you buy a stock before or after it splits?

Money

May jobs report sends stock market lower, 10-year Treasury yield higher

June 3, 2022June 3, 2022 Elisabeth Buchwald, USA TODAY Comments Off on May jobs report sends stock market lower, 10-year Treasury yield higher

Why are stocks down today? May’s better-than-expected jobs report could pave the way for the Fed to continue raising rates. But recession fears loom

Money

Memorial Day sales even bigger this year with some retailers offering up to 50% off furniture

May 26, 2022 Elisabeth Buchwald, USA TODAY Comments Off on Memorial Day sales even bigger this year with some retailers offering up to 50% off furniture

Memorial Day sales are coming as retailers are eager to offload inventory. That’s why discounts could be even steeper than prior years and last longer

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Blue supermoon: See photos of the rare moon that won’t happen again until 2037

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College professor harassed students to quench ‘clown fetish,’ offering extra credit, cash

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5 people shot in Illinois, 2 in critical condition

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