The Daily Money: Senate wins can help Biden cut taxes and more

Today's top stories from USA TODAY Money. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

The Daily Money ALL THE MONEY NEWS YOU NEED TO KNOW   Thursday, January 7 It's Thursday, the morning after a historic day for the U.S.  Let's check out today's headlines in Money and Tech. Yesterday, Congress affirmed President-elect Joe Biden's election victory following a violent day during which a mob stormed the Capitol to disrupt the proceedings. Meanwhile, Democrats won both seats in the critical Georgia runoff elections, securing control of the Senate. Here's what that means for your finances: • Expect Biden to cut taxes and boost health care. • The President-elect may be able to push forth policies aimed at reshaping the workforce, including raising the minimum wage. • The Senate wins will give Biden's economic plan a modest boost. In other news, new car prices are going up. The average price of a new vehicle has topped $40,000, while the average amount consumers borrow to buy a vehicle is approaching a record high. Finally, it's no corn popper, but Fisher-Price is releasing a line of toys inspired by the gadgets we loved in the '80s and '90s. Scroll down for more headlines, and thanks for reading. Brett Molina, Money/Tech editor Senate wins can help Biden cut taxes and more With Democrats in control of Congress, Joe Biden can potentially impact the personal finances of millions of Americans from taxes to college tuition With Senate wins, how will Biden impact workers How a Democratic Senate could help advance Biden's... Pence should invoke amendment to remove Trump,... Car prices hit a record. Here's how much they cost New Fisher-Price toys inspired by '80s, '90s Facebook, Twitter condemned for Capitol violence Mercedes debuts 56-inch screen inside new car Start investing with this classic stock bundle Can you pay your taxes with a credit card?   FOLLOW US Problem viewing email? View in browser Unsubscribe • Manage Newsletters • Terms of Service • Privacy Policy/Your California Privacy Rights • Privacy Notice • Do Not Sell My Info/Cookie Policy • Feedback © 2021 USA TODAY, a division of Gannett Satellite Information Network, LLC. 7950 Jones Branch Drive, McLean, VA 22102