ALL THE MONEY NEWS YOU NEED TO KNOW | | | | Daniel de Visé | Personal Finance Reporter
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Good morning! It's Daniel de Visé with your Daily Money. |
Want to know what Americans consider the top obstacle to a comfortable retirement? |
New bill aims to renew the 'American Dream' |
A Senate committee unanimously approved a major housing bill on Tuesday, signaling bipartisan support for an issue that's plaguing constituents around the country. |
The Renewing Opportunity in the American Dream to Housing Act of 2025 was sponsored by Senator Tim Scott, a Republican from South Carolina, and Senator Elizabeth Warren, a Massachusetts Democrat. |
Is your private insurance actually Medicaid? |
You might have a decent idea of which state provides your health insurance coverage if you signed up for MaineCare or Medi-Cal. But what if you enrolled in a plan under Healthy Connections? That's what South Carolina calls its Medicaid program. |
📰 More stories you shouldn't miss 📰 |
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. | | Inflation's fallen from the dizzying heights of 2022, but Americans still see it as the top obstacle to their saving for retirement, a survey shows. | | The Senate Banking Committee on Tuesday unanimously approved a major housing bill, showing how widely the crisis is being felt around the country. | | | | Advocates say many consumers might not be aware they are on Medicaid due to the program's frequent name changes. | | | | The Federal Reserve is expected to hold its key interest rate steady after its two-day meeting wraps up on July 30. | | | | More jobs, growing GDP and continued uncertainty about tariffs. Here's how that could impact the Fed's interest rate decision this week. | | | | Onyx Partners will pay $947 million for 119 JCPenney stores, including 21 in Texas, 19 in California and two in Puerto Rico. | | | | Starbucks earnings were down, though near analyst expectations, as the company's CFO said that there has been "tangible progress" in its turnaround plan. | | | | Nvidia's CEO has sold millions of dollars worth of his company's shares this year, and he's not done selling yet. | | | | Tariffs, including the 15% rate for most imports from the EU, would raise consumer prices by 1.8% in the short run, according to the Yale Budget Lab. | | | | Our app gives you award-winning coverage, crosswords, audio storytelling, eNewspaper and more. | | | | | Sign up for the news you want | Exclusive newsletters are part of your subscription, don't miss out! We're always working to add benefits for subscribers like you. | | | | | |
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