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Author: Paul Davidson, USA TODAY

Money

Economy grew solid 2.4% in second quarter amid easing recession fears

July 27, 2023July 27, 2023 Paul Davidson, USA TODAY Comments Off on Economy grew solid 2.4% in second quarter amid easing recession fears

The U.S. economy grew 2.4% in the second quarter. Recession fears still loom amid high interest rates and inflation, though they’ve eased recently.

Money

AI, automation could kill your job sooner than thought. How COVID sped things up.

July 26, 2023July 26, 2023 Paul Davidson, USA TODAY Comments Off on AI, automation could kill your job sooner than thought. How COVID sped things up.

Due to COVID, automation and generative AI are likely to eliminate jobs sooner than expected. Another 12M workers are likely to switch fields by 2030.

Money

Work from home as a drive-thru employee? How remote blue-collar jobs are catching on

July 25, 2023 Paul Davidson, USA TODAY Comments Off on Work from home as a drive-thru employee? How remote blue-collar jobs are catching on

Work from home jobs are becoming more common for blue-collar employees. Drive-thru order takers, laundry workers, dispatchers among those benefitting

Money

FedNow explained: Understand the Fed’s instant system service launching Thursday

July 20, 2023July 21, 2023 Paul Davidson, USA TODAY Comments Off on FedNow explained: Understand the Fed’s instant system service launching Thursday

FedNow instant payment service goes live, allowing money transfers in real time, 24/7. But adoption by banks, consumers, businesses will take time

Money

Inflation is finally falling sharply. But the Fed shouldn’t take credit, experts say.

July 17, 2023July 17, 2023 Paul Davidson, USA TODAY Comments Off on Inflation is finally falling sharply. But the Fed shouldn’t take credit, experts say.

With inflation finally falling sharply, the Fed’s aggressive interest rate hikes shouldn’t get the credit, some economists say.

Money

Post-pandemic, there’s a record number of women in the workplace. Can the trend continue?

July 11, 2023 Paul Davidson, USA TODAY Comments Off on Post-pandemic, there’s a record number of women in the workplace. Can the trend continue?

More prime-age women than ever are working or job hunting as jobs lost in COVID return, flexible work options increase.

Money

Americans are working fewer hours than before COVID. Here’s why.

July 6, 2023July 6, 2023 Paul Davidson, USA TODAY Comments Off on Americans are working fewer hours than before COVID. Here’s why.

Americans are working fewer hours than they did before COVID. Reasons include more flexible schedules and employers’ reluctance to lay off employees.

Money

As recession threatens, Supreme Court student loan forgiveness ruling may hurt the economy

June 30, 2023July 3, 2023 Paul Davidson, USA TODAY Comments Off on As recession threatens, Supreme Court student loan forgiveness ruling may hurt the economy

The Supreme Court’s ruling Friday striking down Biden’s plan to forgive about $400 billion in student loans is likely to hurt a weakening economy.

News

Bidenomics? President tells Americans why his policies are good for their pocketbooks

June 28, 2023June 28, 2023 Paul Davidson, USA TODAY Comments Off on Bidenomics? President tells Americans why his policies are good for their pocketbooks

In a speech Wednesday in Chicago, Biden says his “Bidenomics” policies have boosted the economy. A look at their benefits and flaws.

Money

The Fed raises interest rates to help curtail inflation. Here’s how that works.

June 20, 2023 Paul Davidson, USA TODAY Comments Off on The Fed raises interest rates to help curtail inflation. Here’s how that works.

Fed has raised interest rates at fastest pace in decades to make it costlier for consumers, businesses to borrow. Less demand should curb inflation.

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PCE inflation report: Key measure ticks higher in July. What will the Fed do?

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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

August 31, 2023 AP
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