The Fed kept interest rates unchanged after three cuts in 2019. A partial China trade deal has eased risks but new hazards like coronavirus emerge.
Author: Paul Davidson, USA TODAY
Exclusive: Choice Hotels leads firms launching products, services that may defy recession
Choice Hotels rolls out an extended-stay hotel chain that can do well in a recession. Other firms are launching slump-resistant products, services.
FICO scores, the ‘most important numbers in your financial life,’ are about to change
Consumers who miss credit payments or amass more debt will see falling credit scores under new FICO standards. On-time payers will get a boost.
When it comes to hiring, millennials are killing it
Hiring managers focus most on millennials, followed by Gen Z, with baby boomers trailing. They’re most intent on retaining Gen X.
Buying a new house may now be easier for millennials as more starter homes get built
More starter homes are getting built, and that means more millennials may now be able to afford a new house after years of struggling.
If a recession hits next year, it would probably be mild. But a recovery would also be tame.
If a recession hits in 2020, it would probably be relatively mild. But a recovery would be tame because policymakers have few weapons to fight it
Businesses hire high-skilled workers even if there’s no job for them. Here’s why
Businesses are hiring high-skilled workers even if they have no job openings for them. They’re afraid of coming up short in a competitive labor market
Tesla CEO Elon Musk makes another marijuana joke after stock gets ‘so high’ at $420
Tesla’s Elon Musk made another weed joke as stock topped $420, which is a pot reference. He paid a $20M fine in 2018 for a misleading marijuana gag.
‘Every little bit helps’: Minimum wage to rise in 24 states as a movement toward $15 an hour builds
Twenty-four states and 48 cities and counties will raise their minimum wages in 2020. The movement toward $15 an hour is building.
Stocks shrug off Trump’s impeachment, but could this be different from Clinton, Nixon sagas?
Could Trump’s impeachment hurt stocks even if he isn’t removed from office? A look at the Nixon and Clinton sagas says no but this could be different