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Author: Paul Davidson, USA TODAY

Money

China to top U.S. as world’s No. 1 retail market in 2019: Report

January 23, 2019 Paul Davidson, USA TODAY Comments Off on China to top U.S. as world’s No. 1 retail market in 2019: Report

China will top the US as largest retail market in 2019, a report says. It highlights China’s growing middle class and shift to consumer driven economy

Money

China, India close gap with U.S. as world’s top economy

January 11, 2019 Paul Davidson, USA TODAY Comments Off on China, India close gap with U.S. as world’s top economy

China, other Asian countries, are gaining on US as world’s largest economy, a report says. The reshuffling Is partly behind US trade war with China

Money

Powell: Fed could lower forecast from two rate hikes in 2019

January 10, 2019 Paul Davidson, USA TODAY Comments Off on Powell: Fed could lower forecast from two rate hikes in 2019

Powell: The Fed could cut forecast from two rate hikes this year. The Fed chief reiterated his remarks last week that the central bank will be patient

Money

How a downgrade to the U.S. credit rating could affect the economy

January 10, 2019 Paul Davidson, USA TODAY Comments Off on How a downgrade to the U.S. credit rating could affect the economy

Fitch ratings fears the government shutdown could lead to a debt ceiling standoff, prompting a credit rating downgrade. Here’s the potential impact.

Money

Fed’s Powell: Central bank ‘will be patient’ as it mulls more rate hikes, boosting stocks

January 4, 2019 Paul Davidson, USA TODAY Comments Off on Fed’s Powell: Central bank ‘will be patient’ as it mulls more rate hikes, boosting stocks

Fed Chairman Jerome Powell said Friday the central bank ‘will be patient’ as it weighs future interest rate hikes. Stocks surged.

News

Economy’s weaknesses in 2019: Trade war, fading stimulus, rate hikes could slow growth

December 28, 2018 Paul Davidson, USA TODAY Comments Off on Economy’s weaknesses in 2019: Trade war, fading stimulus, rate hikes could slow growth

U.S. trade war with China, rate hikes , fading fiscal stimulus are economic obstacles in 2019. Toss in slowing business spending, tepid housing market

Money

Economy’s strengths in 2019: Strong job market, consumer spending, and low inflation

December 28, 2018 Paul Davidson, USA TODAY Comments Off on Economy’s strengths in 2019: Strong job market, consumer spending, and low inflation

A strong job market, healthy consumer spending and low inflation should drive growth in 2019. While the economy will slow, it should post solid gain

Money

Mulvaney: Trump ‘now realizes’ he can’t fire Federal Reserve Chairman Jerome Powell

December 23, 2018December 23, 2018 Paul Davidson, USA TODAY Comments Off on Mulvaney: Trump ‘now realizes’ he can’t fire Federal Reserve Chairman Jerome Powell

Although the president appoints Fed governors, the Fed is an independent agency and the governors can be fired only “for cause.” It’s unclear if Trump could remove Powell as chairman while he remains a governor.

&…

Money

Q&A: Does the stock market sell-off mean a recession is coming?

December 23, 2018 Paul Davidson, USA TODAY Comments Off on Q&A: Does the stock market sell-off mean a recession is coming?

Is the stock market’s recent plunge signaling a recession in 2019? Economics reporter Paul Davidson breaks it down.

Money

Will the hot economy and job market go cold in 2019?

December 21, 2018 Paul Davidson, USA TODAY Comments Off on Will the hot economy and job market go cold in 2019?

Economic growth is expected to slow next year but still turn in a solid performance. Consumer spending should be healthy while housing, trade hurt gain

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Headlines

‘Never seen anything like this’: Idalia deluge still wreaking havoc in Southeast. Live updates

August 31, 2023 John Bacon, Douglas Soule and Christopher Cann, USA TODAY

Gadget guru or digitally distracted? Which of these 5 tech personalities are you?

August 31, 2023 Jennifer Jolly

‘Couldn’t believe it’: Floridians emerge from Idalia’s destruction with hopes to recover

August 31, 2023 Christopher Cann, Douglas Soule and Thao Nguyen, USA TODAY

U.S. Embassy urges Americans to leave Haiti ‘as soon as possible’

August 31, 2023 Kim Hjelmgaard, USA TODAY

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

August 31, 2023 Paul Davidson, USA TODAY

These kids are good: Young Reds in pursuit of a pennant stretch to remember

August 31, 2023 Bob Nightengale, USA TODAY

At 61, Meg Ryan is the lead in a new rom-com. That shouldn’t be such a rare thing.

August 31, 2023 Patrick Ryan, USA TODAY

1 dead, 18 injured after collision between car, Greyhound bus in Maryland, police say

August 31, 2023 Emily DeLetter, USA TODAY

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

August 31, 2023 Chris Quintana and Colin Campo, USA TODAY

USA TODAY Sports staff makes college football picks: Check out the predictions for 2023

August 31, 2023 USA TODAY
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