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Thursday, 30 October 2025

A trade deal with China?

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Also: What lower interest rates mean ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌  ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 
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The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Thu Oct 30 2025

 

Daniel de Visé Personal Finance Reporter

Good morning! It's Daniel de Visé with your Daily Money. Here's what is in the news:

President Donald Trump says he has reached a trade deal with China.

Benchmark interest rates are a quarter-point lower, following the Fed's actions Wednesday. Here's what that means for consumers.

📰 More stories you shouldn't miss 📰

RFK Jr. backs away from cautionary claims about Tylenol
Trump administration pushes for workplace religious freedom
Dutch Bros coffee chain is expanding
Amazon offers doorstep returns through USPS
Why does buying a car take so long?

📰 A great read 📰

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

It's getting harder to find new sedans. The Chevrolet Malibu, Subaru Legacy and Volvo S90 are among a handful of vehicles that won't return for the 2026 model year.

Daniel de Visé covers personal finance for USA TODAY. The Daily Money breaks down complex consumer and financial news. Subscribe here.

President Donald Trump and Chinese President Xi Jinping are pictured shaking hands as they depart following a bilateral meeting at Gimhae Air Base on Oct. 30, 2025, in Busan, South Korea.

"We have not too many major stumbling blocks," Trump said of a formal trade agreement after meeting with Chinese President Xi Jinping in South Korea.

WASHINGTON, DC - OCTOBER 29: Federal Reserve Chair Jerome Powell speaks during a news conference following a meeting of the Federal Open Market Committee at the Federal Reserve on October 29, 2025 in Washington, DC. For the second straight month, Powell announced a quarter-point cut to the federal funds rate, bringing rates down to a new range of 3.75 percent to 4 percent. (Photo by Alex Wong/Getty Images)
 

The Fed cut rates, but officials disagree on what's next

Before Wednesday, economists and markets were betting on a December rate cut. After Fed Chair Jerome Powell's comments, they aren't so sure.

A 2021 Audi A4.
 

See which car models are being discontinued by 2026

The Chevrolet Malibu and Subaru Legacy are two of a handful of popular car models that won't make it to model year 2026.

U.S. Secretary of Health and Human Services Robert F. Kennedy Jr. delivers remarks while U.S. President Donald Trump listens during a press conference to announce a link between autism and childhood vaccines and the use of popular pain medication Tylenol for pregnant women and children, claims which are not backed by decades of science, at the White House, in Washington, D.C., U.S., September 22, 2025. REUTERS/Kevin Lamarque
 

RFK Jr. says data insufficient to show Tylenol causes autism

President Trump's health secretary said Tylenol should be used with caution during pregnancy, but solid data linking it to autism is lacking.

President Donald Trump participates in a Diwali celebration with American Indian leaders in the Oval Office of the White House in Washington, DC, on October 21, 2025.
 

Work, pray, litigate? Trump wants religious freedom in workplace

Want to pray or wear a yarmulke at work? The Trump administration is cracking down on religious discrimination and expanding workplace rights.

A Dutch Bros sign.
 

Dutch Bros is coming to 4 new cities. See future locations.

Dutch Bros said it plans to open stores in four new cities during the last quarter of 2025, including Florida, Missouri, and Georgia.

Amazon packages sit on the front porch of a home in Amarillo, Texas.
 

Amazon offering doorstep returns with USPS. What we know.

Customers in select markets can return items weighing 1 to 15 pounds through doorstep return pickup handled by USPS.

000 why it takes so long to buy a car motortrend ryan lugo design
 

Why does buying a car take so long at the dealership? We explain.

There are several reasons, but suffice to say, it's best to block out half a day.

Tens of millions of Americans might not receive food stamps and other food aid such as WIC in November because of the government shutdown.
 

Will WIC benefits stop in November? Here's who could be impacted

The Trump administration has said SNAP benefits will cut off come Nov. 1. What about WIC?

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