Latest news with #DanieldeVisé
USA Today
6 hours ago
- Business
- USA Today
The Daily Money: Will those bombs rattle the US economy?
Good morning! It's Daniel de Visé with your Daily Money. Well, it was a busy weekend. The surprise U.S. attack on Iranian nuclear sites could ratchet up the pressure on an American economy that's turned increasingly fragile as a weekslong global trade war takes its toll. Here is how the bombs might reverberate on the economy back home. The 'big, beautiful bill': An update The Senate released its revisions to the legislation dubbed the "One Big Beautiful Bill" by President Donald Trump this week, a measure previously passed by the House. Inquiring minds may want to know if the Senate version of the bill is better or worse for American taxpayers. Medora Lee explains. Dump you spouse, not your assets For a midlife man or woman trapped in a failing marriage, a 'gray divorce' can bring liberation. And financial ruin. A man can expect his standard of living to decline by 21% after a gray divorce. A woman's standard of living will possibly plunge by 45%. Both partners see their wealth decline by half. Here are seven tips for managing your finances in a gray divorce. 📰 More stories you shouldn't miss 📰 About The Daily Money Each weekday, The Daily Money delivers the best consumer and financial news from USA TODAY, breaking down complex events, providing the TLDR version, and explaining how everything from Fed rate changes to bankruptcies impacts you. Daniel de Visé covers personal finance for USA Today.
USA Today
5 days ago
- Business
- USA Today
The Daily Money: Canada cools on American real estate
The Daily Money: Canada cools on American real estate Good morning! It's Daniel de Visé with your Daily Money. Belligerent rhetoric from the White House and combative trade negotiations are denting Canadian interest in owning American property, just as the housing market south of their shared border is starting to cool. Canadians made up the biggest share of foreign buyers of U.S. residential real estate in 2024. But now, their interest seems to be waning. Being openly gay, trans or nonbinary at work just got tougher Five years ago, a technology executive landed a seat on the board of directors of a big corporation. As a person of color who identifies as nonbinary, they were thrilled: Their new company not only embraced their professional credentials, it touted their gender identity, as well. But with attacks on diversity, equity and inclusion spiking as a polarized nation hurtled toward the 2024 election, corporations retreated from public expressions of support for gay, transgender and nonbinary rights. Suddenly, their company did not seem so proud. After years of civil rights advances and hard-fought wins in the workplace, being openly gay, trans or nonbinary in corporate America just got tougher – especially at the top. Juneteenth faces a DEI backlash As protests against racial injustice gripped the nation in 2020, major corporations rushed to observe Juneteenth and give their employees the day off. Five years later, they are still commemorating the holiday, but not with the same fanfare. 📰 More stories you shouldn't miss 📰 About The Daily Money Each weekday, The Daily Money delivers the best consumer and financial news from USA TODAY, breaking down complex events, providing the TLDR version, and explaining how everything from Fed rate changes to bankruptcies impacts you. Daniel de Visé covers personal finance for USA Today.
USA Today
6 days ago
- Business
- USA Today
The Daily Money: Coming soon: A standalone Costco gas station
The Daily Money: Coming soon: A standalone Costco gas station Good morning! It's Daniel de Visé with your Daily Money. Summer is coming. We thought it might never happen, but the news cycle has slowed, just a bit, here on the Daily Money desk. And so, today we revive the "Great Read" feature, reupping a popular story from earlier in the year, along with a dose of daily news. Costco's upcoming location in California won't have its famous $1.50 hotdog, rotisserie chicken, or even a warehouse to browse ‒ just a few dozen gas pumps. The membership-only retailer is planning to open its first standalone gas station in the spring of 2026. Here's a full report on Costco's plans. Trump Organization launches phone Trump Organization, the holding company for President Donald Trump's business ventures, announced the launch of a new cellular service and cellphone. The launch comes on the 10-year anniversary of the start of Trump's first presidential campaign. Dubbed Trump Mobile, the network will offer 5G service through "The 47 Plan," a nod to the president's second term. Here are all the details. 📰 More stories you shouldn't miss 📰 📰 A great read 📰 Finally, here's a popular story from 2024 that you may have missed. Read it! Share it! Many American consumers fail to grasp the basic math of inflation, according to a large-scale study of financial literacy. The FINRA Investor Education Foundation, a financial education nonprofit, administered a seven-question quiz to 25,500 adults in recent months, testing their knowledge of consumer finance. The results: Three in ten test-takers missed a simple question about interest rates. Two in five flubbed a question about inflation. Here are some quiz questions that stumped consumers. About The Daily Money Each weekday, The Daily Money delivers the best consumer and financial news from USA TODAY, breaking down complex events, providing the TLDR version, and explaining how everything from Fed rate changes to bankruptcies impacts you. Daniel de Visé covers personal finance for USA Today.
USA Today
16-06-2025
- Business
- USA Today
The Daily Money: Will the Fed cut interest rates?
The Daily Money: Will the Fed cut interest rates? Good morning! It's Daniel de Visé with your Daily Money. Will the Federal Reserve cut interest rates at its meeting this week? President Trump has called on the Fed to sharply lower rates, a strategy that typically juices the economy and stock market, citing the European Central Bank's aggressive rate-cutting campaign over the past year. But will the Fed follow his counsel? Medical aid in dying: where it's legal, how it works Dan Diaz and his wife, Brittany Maynard, took their dogs Charley and Bella for a walk the morning of Nov. 1, 2014, with their friends and family. Later that day, Maynard died. Doctors found Maynard's brain tumor exactly 10 months prior, on New Year's Day. Within days of her cancer diagnosis, Maynard decided she wanted to move from California to Oregon to gain access to the state's medical aid in dying program. Here's how the program works, and where it is offered. The road to a perfect credit score Perfect credit, or even really good credit, opens doors for American consumers: Better interest rates on loans. Better odds of renting an apartment or landing a job. Lower insurance premiums. But how do you get there? All sorts of things can ding your credit score, from missed utility payments to maxed-out credit cards to errors on a credit report. Here are five expert tips. 📰 More stories you shouldn't miss 📰 About The Daily Money Each weekday, The Daily Money delivers the best consumer and financial news from USA TODAY, breaking down complex events, providing the TLDR version, and explaining how everything from Fed rate changes to bankruptcies impacts you. Daniel de Visé covers personal finance for USA Today.
USA Today
13-06-2025
- Business
- USA Today
The Daily Money: Immigration raids and the US economy
The Daily Money: Immigration raids and the US economy Good morning! It's Daniel de Visé with your Daily Money. Happy Consumer Friday! But first, let's talk about immigration. From gas stations in Phoenix to construction sites in Tallahassee, workplace raids crisscrossing the nation have alarmed businesses that suddenly find themselves in the crosshairs of the Trump administration's immigration crackdown. The sharp uptick in immigration enforcement activities is a departure for federal authorities, who usually avoid going after businesses. Immigration, California and the US economy Trump's administration is also stepping up deportation efforts in California, with immigration raids at restaurants, traffic stops and routine legal check-ins. The effort, while popular with voters in polls, has sparked protests. Long term, economists warn that fewer immigrants could mean a weakened economy, prompting labor shortages and slowing economic growth. 'Big, beautiful bill' favors the rich The legislation dubbed the "One Big Beautiful Bill'' by President Trump would increase resources for middle and top earners at the expense of lower-income Americans, according to a new analysis from the Congressional Budget Office. The nonpartisan CBO analyzed the combined effects of many of the House bill's tax reductions and its cuts to federal programs, including Medicaid and nutrition assistance, over the period between 2026 and 2034. The mega bill is now in the Senate, which is considering changes. Here's what the analysis found. 📰 More stories you shouldn't miss 📰 Here are our top consumer stories of the week! About The Daily Money Each weekday, The Daily Money delivers the best consumer and financial news from USA TODAY, breaking down complex events, providing the TLDR version, and explaining how everything from Fed rate changes to bankruptcies impacts you. Daniel de Visé covers personal finance for USA Today.
