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Thursday, 14 August 2025

Is an interest rate cut coming?

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The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Thu Aug 14 2025

 

Daniel de Visé Personal Finance Reporter

Good morning! It's Daniel de Visé with your Daily Money.

Will the Federal Reserve cut interest rates in September? Perhaps not.

One member of the Fed's rate-setting committee now says he's worried about lingering inflation, a signal that he might not be inclined to support a rate cut.

The highest-paying job for every personality

Too few jobseekers, perhaps, stop to consider what field might best suit their personality. 

If you happen to know your Myers-Briggs personality type, a new report from Resume Genius might have just the job for you .  

📰 More stories you shouldn't miss 📰

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Top 5 IRA mistakes to avoid

📰 A great read 📰

Finally, here's a popular story from earlier this year that you may have missed. Read it! Share it!

President Donald Trump 's widening global trade war has shaken the stock market, raised the odds of a recession and started to push up inflation for American households.

Trump says the ultimate prize, spurring more production in the United States and reclaiming the nation's status as a manufacturing stronghold, will be worth the turmoil.

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.

Austan Goolsbee, President of the Federal Reserve Bank of Chicago, speaks at the Stanford Institute for Economic Policy Research (SIEPR) Economic Summit in Palo Alto, California, U.S. REUTERS/ Ann Saphir

Fed's Goolsbee said he's more worried about inflation than weak job growth. His remarks suggest he may not support a September rate cut.

Prosecutor is the highest-paying job suited to the ENTJ personality type, according to a report by Resume Genius.
 

Here is the best-paying job for every Myers-Briggs personality type

Too few jobseekers stop to consider what field might suit their personality. If you know your Myers-Briggs personality type, here's a job for you.

U.S. President Donald Trump holds an executive order about tariffs increase in the Oval Office of the White House in Washington, D.C., U.S.REUTERS/Kevin Lamarque
 

Can Trump's tariffs really revive US manufacturing?

President Trump says the goal of his tariffs − resuscitating U.S. manufacturing's glory days − will be worth the turmoil. Experts are skeptical.

A Social Security Administration (SSA) office in Washington, DC, March 26, 2025.
 

Faster Social Security claims for those with these 13 conditions

If you have these 13 conditions your Social Security claim will now be processed faster. This brings the Compassionate Allowances list to 300.

A visitor walks past US multinational telecommunications AT&T logo during the Mobile World Congress (MWC), the telecom industry's biggest annual gathering, in Barcelona on February 26, 2024.
 

You could receive a payment in AT&T's $177 million settlement

The settlement is linked to two alleged data breaches in 2024.

Detroit Free Press autos reporter Jamie L. LaReau with her two dogs in the 2025 MINI Countryman on Friday, April 18, 2025.
 

Should you trade in your car now or wait? One auto journalist's lesson

I've written about the auto industry for 21 years. I've haggled and bought seven cars. I'm decisive and smart. So why was it so hard this time?

Amazon announced on Aug. 13, 2025 that the e-retailer is offering a same-day delivery grocery service. Same-day delivery is free for orders over $25 for Prime members, and available to customers without a Prime membership for a fee.
 

Amazon Prime members can now get same-day groceries for free

Amazon launched its same-day grocery delivery program in at least 1,000 cities and towns and has plans to expand to over 2,300 areas by end of 2025.

Person leaning against a stone wall.
 

5 top traditional IRA mistakes and how to avoid them

IRAs are one of the most popular ways to save for retirement, but simple mistakes can cost you.

The exterior of the historic Harwood Building at Boniface Circle in downtown Scarsdale, built in 1928.
 

These are the wealthiest suburbs of the biggest US cities

Do you know the wealthiest suburb of your own city? Here are the most well-heeled suburbs of the 20 largest metropolitan areas in America.

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