Tuesday, 23 June 2020

The Daily Money: What are couples buying with their pandemic wedding funds?

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The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Tuesday, June 23

Good morning, Daily Money readers! Brett Molina here to deliver the latest Money and Tech headlines.

The coronavirus pandemic has put many plans on pause, including nuptials for couples eager to say "I do." For some couples who have funds saved up for a wedding day, they're instead spending it on their dream home, or a vintage school bus.

In the wake of protests over the death of George Floyd, Black-owned businesses are seeing a surge in support. However, many owners have mixed feelings over why people are showing a newfound interest in supporting Black entrepreneurs.

Finally, more tough news for retailer J.C. Penney: they're closing 13 more locations.

Want more news? Keep scrolling.

Brett Molina, Money/Tech editor

Andrew Harmon, left, with his fiancée, Evan Garbayo, right.

Quirky purchases couples are making with their pandemic wedding funds

Wedding bells won't be ringing for many couples this summer after the pandemic forced Americans to cancel or postpone their nuptials. But some are using the money to buy their dream home, or make quirky purchases from a bus to roller skates.