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| Subscribe to The Daily Money newsletter, our roundup of each day's top stories from USA TODAY Money. |
| Good morning and happy Friday, Daily Money readers. Jayme Deerwester with you heading into this weekend's NFL conference championship matchups. Go Bengals! (I have nothing against Kansas City, by the way. Patrick Mahomes is a class act, as are Chiefs fans. And you guys did give us barbecue, Paul Rudd and Jason Sudeikis.) |
🍕 Food news 🍕 |
| In honor of this weekend's conference championship games and the gluttony that comes with that, let's do a little food news. |
| A trio of new Pizza Hut pizzas are bringing the heat. Three new Spicy Lover's Pizzas – Spicy Double Pepperoni, Spicy Hawaiian Chicken, and Spicy Veggie – are available now for a limited time at participating Pizza Hut locations for delivery, curbside pickup, and carryout. Each of the pizzas is made with a spicy marinara sauce, sliced red chili peppers and "Fiery Flakes" of crushed red peppers and herbs. |
| And come Super Bowl weekend, you can either celebrate or drown your sorrows with Little Debbie ice cream. Walmart is getting seven flavors, including Oatmeal Creme Pie, Zebra Cakes, Nutty Bars and Cosmic Brownies, available starting Feb. 1. (Wait, no Star Crunch?!?) |
💡 Daily insight 💡 |
| Over the past week, the cryptocurrency market has experienced massive drops, reaching lows not seen in months. According to CNBC, Bitcoin plunged below $33,000 on Monday, the lowest it's been since July, and the entire crypto market lost more than $1 trillion in value. So, why has the value of cryptocurrency dropped so much? |
| First off, it's been an uncertain week. The Fed met on Wednesday to determine whether or not a rate increase would happen to tackle rising inflation and labor shortages. |
| "Everybody in the markets was nervous and speculating about what might happen there. So interest rate conversations coupled with a rising inflation rate, I think it's affecting all asset classes," explains Nick Casares, head of product at PolyientX, a platform for nonfungible token (NFT) projects. |
| He adds, "This time around, we've seen a lot more retail investment," referring to non-professional investors who use their own money to trade. "We also have institutional money in crypto now that has come in a big way. And when that happens, it tends to create a coupling between traditional markets and the crypto market." |
🚨 Other stories you shouldn't miss 🚨 |
| Rent prices keep rising. And they're affecting Black and Hispanic low-income earners the most. |
| Every flight you take, I'll be watching you. Elon Musk offers $5,000 to teenager to stop tracking his private jet location. |
| COVID travel requirements. Will you need a booster shot to take a trip in 2022? |
| Uber passenger lawsuit. Massachusetts man goes after Uber for $63 million after crash leaves him paralyzed. |
| How to survive a long flight during a pandemic. Get the right mask, bring a pillow. |
💵 Smells like tax season 💵 |
| Still working remotely in a state other than where your company is located? If so, which state – or states – should get that tax money? Ask HR columnist Johnny C. Taylor Jr. sheds light on this confusing topic. |
| "State and local taxes apply to an employee's state of residence and the state where the employee works," he told a reader in a recent column. "For full-time work-from-home employees, it is typically the same state. So, employees working from home in a state different than their original workplace are subject to the corresponding tax liabilities of that home state and locality." |
🎶 Mood music 🎶 |
| Today, I'm going with "Joe Burrow," Lil Gav's NSFW ode to the Bengals quarterback and the perfect soundtrack for doing the Griddy Shuffle : "Tie up yo lace, throw the deep ball to Ja'Marr Chase. Oh is it true, what it do? Grown now from LSU. In the heavens, in the void, slant pass to Tyler Boyd. Hearts broken ankles missin'. Shoulder to your face, call him Joe Mixon." |
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