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Wednesday, 22 October 2025

Why corporations fear Trump on DEI

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Also: Will the shutdown harm the economy? ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌  ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 
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The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Wed Oct 22 2025

 

Daniel de Visé Personal Finance Reporter

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

The Trump administration has vowed to eliminate programs that promote diversity, equity and inclusion, not just in government but across corporate America.

Here's an update on how that campaign is going.

Will the shutdown harm the economy?

Government shutdowns don't usually have much lasting impact on the U.S. economy. Here's why this one could be different.

📰 More stories you shouldn't miss 📰

From stay-at-home mom to CEO
Cola-Cola rolls out cane-sugar soda, seemingly at Trump's command
Trump wants Justice Department to pay him $230 million
Do automatic car washes damage your car?
Where will Bitcoin be in 5 years?

📰 A great read 📰

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

An inheritance often is seen as a financial windfall. There are times, however, when people may want to turn one down. Medora Lee explains.

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

President Donald Trump gestures during a meeting with Australia's Prime Minister Anthony Albanese in the Cabinet Room at the White House, in Washington, D.C., U.S., October 20, 2025.

Anxiety is spreading in the executive suite as the Trump administration's scrutiny of DEI intensifies and investigations loom.

The U.S. Capitol building at dusk in Washington, D.C., U.S., October 20, 2025. REUTERS/Kylie Cooper
 

Shutdowns rarely have big economic impacts. Is this one different?

Government shutdowns can slow GDP, delay pay, hurt local economies and contractors, disrupt programs, and weigh on consumer confidence.

LONDON, ENGLAND - OCTOBER 17: Marilyn's last will and testament, from the Ted Stampfer collection, on display at "MARILYN: The Exhibition" at Arches Beneath London Bridge on October 17, 2024 in London, England. (Photo by Lia Toby/Getty Images)
 

The great wealth transfer's begun. Why you may want to pass.

The largest wealth transfer in history has begun. It doesn't mean you have to accept everything bequeathed to you. Here's when you may want to say no.

Susan De Marco is CEO of Brand K partners.
 

She left the workforce for 11 years. Now, she's a CEO.

Susan De Marco is CEO of Brand K Partners, an accounting solutions firm for nonprofits in New Jersey. Here's how she landed the gig.

In this photo illustration, a bottle of Coca-Cola imported from Mexico is displayed on a table on July 17, 2025 in Austin, Texas. U.S. President Donald Trump stated in a Truth Social post that Coca-Cola has agreed to use real cane sugar in its U.S. beverages, similar to Mexican Coke.
 

Coca-Cola rolls out new Trump-promoted cane sugar soda in US

Coca-Cola announced that is has begun introducing 12-ounce single-serve bottles of its classic soda made with U.S. can sugar in 'select U.S. markets.'

President Donald Trump looks on during an event celebrating Diwali in the Oval Office of the White House on October 21, 2025 in Washington, DC. Trump held the event to honor the Hindu festival that symbolizes the victory of light over darkness.
 

Trump asking Justice Department to pay him $230 million, report says

Trump has submitted two complaints seeking compensation through an administrative claims process, according to the New York Times.

Jarae Phillips directs a car at Bush Car Wash, which reopened after Franklin County commissioners voted to end recognition of Governor Jay Inslee's "Stay Home, Stay Healthy" mandate and allow businesses to reopen, during the coronavirus disease (COVID-19) outbreak, in Pasco, Washington, U.S. April 22, 2020. REUTERS/David Ryder REFILE - CORRECTING LOCATION
 

How automatic car washes can lower the value of your vehicle

Automatic car washes are a $14 billion-plus industry in the U.S. Unfortunately, they could cost you and your car big bucks, too.

A person looking at charts on computers.
 

Where will Bitcoin be in 5 years?

Bitcoin could be a good long-term investment, but be aware that huge price increases with crypto have sometimes been followed by a huge pullback.

Shoppers check out all the items on tables at a sale in Charlottesville, Friday, June 2, 2023 during the annual Historic National Road Yard Sale on U.S. 40. In 2003, the Indiana National Road Association started the national yard sale to promote tourism on the national road, promoting the towns, communities, businesses and the people along U.S. 40.
 

Another Fed rate cut is expected, but Americans' focus is elsewhere

Fed's forecast to cut rates another 0.25 point, which may save Americans money. Still, most don't seem to care about rates. Their focus is elsewhere

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