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Tuesday 28 February 2023

The Daily Money: Looking for food after extra SNAP benefits expire? We've got options

Find some options to replace expiring extra food stamp benefits and hear SCOTUS arguments on Biden's student debt forgiveness plan. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
usatoday.com

The Daily Money
 
Tuesday, February 28

It's Tuesday, it's Medora and I'm in the Windy City -- that's Chicago, if you're not familiar. And we're still not sure if it's called that because our politicians are so full of wind, or the city is literally windy off Lake Michigan. Or both. It is election day here today, after all.

Local elections aside, today's a big day. Pandemic-era extra SNAP benefits, formerly called food stamps, expire today for millions of Americans. Starting tomorrow, households receiving SNAP benefits will see on average $90 less per month for food, which is pretty alarming considering grocery prices have risen at a double-digit pace year over year. That's why we've put together a list of options for people to explore if they're looking to offset some of that monthly loss.

Aside from that, oral arguments begin today at the Supreme Court over the merits of President Joe Biden's plan to cancel some student debt. Arguments from each side are widely known from previously filed briefs so observers will look for the line of questioning from the judges to glean which way they might be leaning.

Check out our live updates from the Supreme Court throughout the day.

Can you cancel student loan debt? Yes. But it can be complicated. 

Refinancing student loan debt. Here are the best lenders if you want to combine your loans.

📰 More stories you shouldn't miss 📰

Supreme Court gets busier.  Supreme Court to decide consumer watchdog agency's funding. What to know about CFPB case.

Autopay isn't automatically good. Before you set up autopay on your credit cards, consider this big drawback first

What are you waiting for? Retirement considerations: 3 benefits to claiming Social Security early

🍔 Today's Menu 🍔

I need a V8! But do you really? Is V8 good for you? What to know before swapping real fruits and veggies for V8 juice.

 About The Daily Money

Each weekday, The Daily Money delivers the best consumer news from USA TODAY. We break down financial news and provide the TLDR version: how decisions by the Federal Reserve, government and companies impact you.

The recall of Delsam Pharma's eye ointment builds on an earlier recall of eyedrops linked to a bacterial infection outbreak.
Eyedrop recall linked to death expanded to include eye ointment: FDA
Weeks after EzriCare eyedrops were recalled after being linked to several infections and a death, the parent company is recalling its eye ointment.
Saying bye to extra SNAP benefits is scary. But here are some options.
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The 2022 Rivian R1T.
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Consider this big drawback before setting up autopay on your credit...
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The 10 best online seafood delivery places
There's nothing fishy about this.
 

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Monday 27 February 2023

The Daily Money: Student debt forgiveness debate begins Tues at SCOTUS

In addition to tax season, debate on student debt forgiveness begins Tuesday at the Supreme Court and SNAP benefits lapse for millions of Americans. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
usatoday.com

The Daily Money
 
Tuesday, February 28

Happy (rainy) Monday, at least it is where I am. I understand some of you might have had a blizzard and others maybe, the first snow, in years!

If you haven't guessed, it's Medora here to catch you up on all the finance and economic news and more!

It's still tax season, but there are so many other stories happening this week, including a big one - student loans. Everyone's on tenterhooks because oral arguments for and against Biden's plan to forgive student debt begin before the Supreme Court Tuesday . Not only is the fate of millions of Americans and their student loans at stake, but also presidential power. Does the president have the power to cancel student loans or does that require an act of Congress? The outcome of the case could expand or limit future executive powers, observers say.

Stay tuned for clues into how the Supreme Court judges might rule!

Should you refinance student loan debt? The pros and cons. 

Student loan deferment. What to know.

📰 More stories you shouldn't miss 📰 

Resurrection? Don't count the housing market out yet. Why pending contracts for home sales have industry buzzing.

Food inflation is bad enough, now millions will soon have fewer dollars to spendSNAP benefits in 2023 to end extra cash for food benefits provided during the pandemic.

That car is costing you more, too. It's not just eggs and housing: Inflation is also driving up car insurance premiums.

Recession's not here, but we may not be out of the woods yet. Are we headed for a recession? More economists think a 2023 downturn may come later than they thought.

🍔 Today's Menu 🍔

Road trip for award-winning fried chicken! Eat James Beard worthy fried chicken in this obscure Indiana town

About The Daily Money

Each weekday, The Daily Money delivers the best consumer news from USA TODAY. We break down financial news and provide the TLDR version: how decisions by the Federal Reserve, government and companies impact you.

TD Bank to pay $1.2B to settle Allen Stanford Ponzi scheme lawsuit
TD Bank and two other banks have agreed to pay $1.35 billion to settle a lawsuit accusing them of aiding Allen Stanford's $7 billion Ponzi scheme.
Eyedrop recall linked to death expanded to include eye ointment: FDA
The recall of Delsam Pharma's eye ointment builds
What does that jumble of numbers mean on your tax record? Here's a...
Death is certain, but what about taxes? Not always
Gen Z are big city bound: Top 10 cities they favor
The Manhattan skyline seen from the observatory of
Hyundai leads new recalls affecting 107,000 cars: Check recalls here
An unsold 2019 Accent sedan sits at a Hyundai deal
How does retirement affect your taxes? It depends on your accounts.
Starting in 2023, people with Medicare Part B may
The 10 best online seafood delivery places
There's nothing fishy about this.
Could a 2023 recession start later than predicted?
People line up for Bath & Body Works to open at 7
Housing market on the rise? Pending contracts for home sales have...
A "sale pending" sign is posted outside a single f
Car insurance rises as inflation pushes up costs for mechanics,...
A mechanic reviews auto damage with a customer.
 

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