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Author: Elisabeth Buchwald, USA TODAY

Money

As layoffs and recession fears mount, will employers suspend their 401(k) match?

November 15, 2022November 15, 2022 Elisabeth Buchwald, USA TODAY Comments Off on As layoffs and recession fears mount, will employers suspend their 401(k) match?

401(k) matches could end as more employers prepare for a recession. You can withdraw from your 401(k) without facing tax penalties if you’re laid off.

Money

Some prices are dropping, though inflation remains high. Here’s what’s cheaper.

November 11, 2022 Elisabeth Buchwald, USA TODAY Comments Off on Some prices are dropping, though inflation remains high. Here’s what’s cheaper.

Inflation is hovering at 7.7%, a slight improvement from September. But some prices are coming down providing a little bit of relief to Americans

Money

Fed hikes interest rates again. Will it slow them down now?

November 2, 2022November 2, 2022 Elisabeth Buchwald, USA TODAY Comments Off on Fed hikes interest rates again. Will it slow them down now?

The Federal Reserve hiked its interest rates by 0.75 percentage point to fight inflation. The aggressive hikes risk igniting a recession.

Money

What to avoid, what to buy? How to financially prepare for 2023 — in case of recession.

October 21, 2022October 21, 2022 Elisabeth Buchwald, USA TODAY Comments Off on What to avoid, what to buy? How to financially prepare for 2023 — in case of recession.

Economists widely predict the U.S. will enter a recession next year. Take the time now to build up savings and pay off debt, financial advisors say.

Money

Buy now, pay later delinquencies could get ‘dangerously’ high. What will companies do about it?

October 15, 2022October 25, 2022 Elisabeth Buchwald, USA TODAY Comments Off on Buy now, pay later delinquencies could get ‘dangerously’ high. What will companies do about it?

Buy now, pay later companies like Affirm and Afterpay are seeing delinquencies tick up. That may cause them to deny access to certain users.

Money

Social Security inflation adjustment to boost benefits by 8.7% in 2023, biggest since 1981

October 13, 2022October 18, 2022 Elisabeth Buchwald, USA TODAY Comments Off on Social Security inflation adjustment to boost benefits by 8.7% in 2023, biggest since 1981

Social Security COLA will increase by 8.7% in 2023. The adjustments are based on the CPI-W, a broad inflation measure

Money

‘Policymakers should be prepared for the worst,’ JPMorgan CEO Jamie Dimon tells Congress

September 21, 2022September 21, 2022 Elisabeth Buchwald, USA TODAY Comments Off on ‘Policymakers should be prepared for the worst,’ JPMorgan CEO Jamie Dimon tells Congress

Ahead of the Fed’s 75-point rate hike, JPMorgan Chase CEO Jamie Dimon urged lawmakers to “be prepared for the worst.”

Money

Falling gas prices are helping as Americans tackle higher cost of child care, utilities

September 9, 2022September 11, 2022 Elisabeth Buchwald, USA TODAY Comments Off on Falling gas prices are helping as Americans tackle higher cost of child care, utilities

Gas prices fell by 20% since their June peak. But Americans are getting hit with higher costs of utilities and child care, canceling out savings.

Money

Average credit scores stopped jumping. Is that a sign of a recession?

August 30, 2022August 30, 2022 Elisabeth Buchwald, USA TODAY Comments Off on Average credit scores stopped jumping. Is that a sign of a recession?

During the pandemic, credit scores hit new highs. But now they’re leveling off as consumers are saddled with more debt and inflation is high

Money

Meme stocks are having another round of meme stock mania. What does that mean?

August 24, 2022August 24, 2022 Elisabeth Buchwald, USA TODAY Comments Off on Meme stocks are having another round of meme stock mania. What does that mean?

Meme stock frenzy: Shares of Bed Bath and Beyond, GameStop, AMC and APE are experiencing high volatility. Is meme stock mania back in full swing?

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

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

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

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Many homeless among dead in fire in Johannesburg, South Africa

August 31, 2023 AP
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