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Wednesday, 3 June 2026

A $500 Social Security pay cut?

Also: What will older Americans do with their homes? ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌  ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 
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The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Wed Jun 3 2026

 

Daniel de Visé Personal Finance Reporter

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

We've been reporting a lot about predictions that the Social Security trust fund will be depleted by 2032. Now, Medora Lee reports, a new report estimates how much the average beneficiary will lose if the program runs short.

What will older Americans do with their homes?

The oldest Americans own more than one-third of U.S. homes. In the coming years, Medora reports, they'll have to figure out how to transfer those properties to their heirs.

Do weight-loss drugs lower cancer risk?

Researchers have found that people who take popular weight-loss drugs have a lower cancer risk. Does that mean the drugs actually reduce cancer risk?

As Ken Alltucker reports, it's not that simple.

📰 More stories you shouldn't miss ðŸ“°

Norwegian Cruise Line cancels months of cruises
Spirit's shutdown is reshaping American aviation
Can you retire overseas and keep your Social Security?
L.A. motorists keep driving at any price
Here are the safest cars under $20,000

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

Seniors listen during a community conversation with U.S. Rep. Joyce Beatty, D-Columbus, at the Fran Ryan Center about the threats to Social Security on Aug. 11, 2025.

Social Security beneficiaries face, on average, a $500 monthly cut in benefits if Congress doesn't act soon, a new analysis shows.

Elizabeth Oshiro and her husband Jack Fidow pack an old photo of her parents in the home she inherited from her mother.
 

Older Americans own a third of US homes. How should they pass them on?

Older Americans own a third of U.S. homes. Experts say they need to figure out soon how they plan to transfer their properties to their heirs.

Weight loss and blood sugar control pens designed for GLP-1 home injection therapy.
 

Are GLP-1 drugs key to prevent, limit this common type of cancer?

A study of more than 110,000 women found those who took popular GLP-1 drugs prescribed for obesity or diabetes had a lower risk of breast cancer.

The Norwegian Viva cruise ship anchored in the harbor of Valletta, in Malta on May 30, 2026.
 

This major cruise line canceled 3 months of sailings

Norwegian Cruise Line is redeploying Norwegian Viva to Miami, canceling sailings through January 2028.

A JetBlue Airlines plane takes off near Spirit Airlines planes at the Fort Lauderdale-Hollywood International Airport on May 16, 2022, in Fort Lauderdale, Florida.
 

Who wins after Spirit Airlines? The answer is already clear.

Spirit Airlines was a boon to two of its former competitors as JetBlue and Frontier stood poised to pick up more customers.

The scenic coastline of Ermoupolis, the capital city of the Syros island in Greece.
 

Retire overseas and keep Social Security? It depends where you live

With more Americans moving outside the U.S., it's important to know whether they can count on their Social Security benefits.

A driver steps out of his vehicle (R) as traffic comes to a standstill on a Los Angeles freeway on April 28, 2026. (Photo by Frederic J. BROWN / AFP via Getty Images)
 

Los Angeles motorists keep driving at any price

Major Los Angeles-area freeways overall showed no significant declines in vehicle miles traveled since the U.S. and Israeli attacks on Iran.

The 2026 Mazda Mazda3 Sedan Turbo Premium.
 

Here are 11 of the safest cars you can buy for your teen driver

You may be looking for a safe used car this summer for your newly-licensed teenaged driver. Here are 11 of the safest cars you can buy them.

LOS ANGELES, CA - NOVEMBER 27: The all new Mazda3 is seen during the Mazda event prior to the L.A. Auto Show on November 27, 2018 in Los Angeles, California.
 

Here's the 11 safest cars for teen drivers that cost less than $20K

Many teens will be hitting the road in their first cars this summer. Here are 11 of the safest sedans you can buy for them.

USA TODAY
 

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