ALL THE MONEY NEWS YOU NEED TO KNOW | |
Good morning. This is Betty Lin-Fisher with today's edition of The Daily Money. I'll be sharing great stories from my USA TODAY colleagues all week with you. |
The first story is a team effort by colleagues Bailey Schulz, Madeline Mitchell and Jessica Guynn. They talked to several working moms who were told they could have it all when it comes to work-life balance. |
But Federal data shows a growing share of mothers with young children in America are exiting the workforce, chipping away at gains made during the COVID-19 pandemic. Economists warn the decision to step away, even temporarily, could have lasting damage on their earnings and careers. | Miya Walker, 25, and her son Angel Reese, 3, of Snellville, Georgia. Walker is among the growing share of mothers in America who are stepping away from the post-pandemic workforce. Eric Vincent, USA TODAY |
Why is your electric bill so high? |
You're not imagining things if you think your utility bill has gone up. |
Electricity costs are, on average, 5.5% higher today than a year ago, and natural gas has increased by 13.8%, according to data from the U.S. Bureau of Labor Statistics. |
📰 Consumer 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. | | The penalty for motherhood? More women are leaving their jobs, undermining their careers and earning potential and spelling trouble for the economy. | | Electricity costs are, on average, 5.5% higher today than a year ago, and there are a few different reasons for the increase. | | | | Consumers have seen a 45% increase in beef prices over the last 10 years. Beef and veal has seen an 11% increase just in the last year alone. | | | | Scammers view back-to-school season as prime time for snatching more personal information to use against us. | | | | Some vehicles come with an auto start-stop feature that shuts off the engine when drivers brake. Is this feature worth leaving on or is it just nuisance? | | | | Both accounts offer benefits that make them worth considering. | | | | The Biden Administration had considered requiring airlines to pay travelers upwards of $200 for lengthy flight delays, but that plan has been dropped. | | | | Most of the questions on a seven-item financial literacy quiz involve elementary math. Only 4% of Americans got all seven right. | | | | In total, Barra sold stock and exercised options worth approximately $35.4M from the sale of 994,863 shares of stock, a GM spokesperson confirmed. | | | | 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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