+44(0) 1234 567 890 info@domainname.com

Wednesday 13 September 2023

The Daily Money: Elon Musk biography in stores now; West and South may feel recession

10:09

Share it Please
Each weekday, The Daily Money delivers the best consumer news from USA TODAY. We break down financial news and provide the TLDR version.

Advertisement

Read in browser
 

The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Wed Sep 13 2023

 

Amritpal Kaur Sandhu-Longoria Investigative Reporter, Consumer Watchdog

@AmritpalKSL

Good morning, this is Amritpal Kaur Sandhu-Longoria with your Daily Money headlines for Wednesday.

There were some interesting tidbits that came out of the biography, "Elon Musk," a book by Walter Isaacson . The bestselling author who wrote biographies on Steve Jobs and Albert Einstein shadowed the the world's richest person for two years, and chronicled the many events that Musk has become known for − the turbulent Twitter takeover, his personal relationships, and his entrepreneurship.

Ap Book Review Elon Musk A Ent

This cover image released by Simon & Schuster shows "Elon Musk" by Walter Isaacson. (Simon & Schuster via AP)

AP

Musk also recently announced the birth of his third child, Tau Techno Mechanicus, with his girlfriend Amanda Grimes. Their child joins two other uniquely named children − X Æ A-Xii and Exa Dark Sideræl Musk.

Isaacson's book is in stores now.

Recession less likely, but West and South may feel it

It's been a looming question: Is a recession coming or not? With September here, the chances have fallen significantly, but the West and South can still slip in to a downturn, experts say . The odds of a recession in the West is 35.2% because of rising home prices and layoffs at big technology companies.

In the South, the odds are similar at 34.7%. While home prices did increase in the South after the pandemic, experts predict a dip next year. But, paired with inflation, household budgets are feeling the pressure after seeing prices for goods and services increase. And mortgage delinquencies, especially in Alabama, Mississippi and Louisiana, were among the highest in the country last year.

📰 More stories you shouldn't miss 📰

Walgreens settlement with Theranos patients sees company dole out hefty $44 million

🍔 Today's Menu 🍔

Chipotle announced the return of the Chipotle Carne Asada Quesadilla for a limited-time, which will be available exclusively through the Chipotle app. It was first introduced in 2019, made a return in 2020, and then became one of the most requested items on social media, the company said. Between Sept. 14 and Oct. 1, Chipotle is offering a $0 free delivery on all carne asada orders through their app and website.

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.

Two people on a couch looking at paperwork.

The Social Security cost of living adjustment forecast rose with inflation in August, but seniors are still struggling from two years of inflation.

Advertisement

Nasreen Sheikh, in blue, worked in illegal sweatshops in the inner-city slums of Kathmandu, Nepal, and grew up in forced labor.
 

I escaped modern slavery. Wouldn't you want to know if I made your shirt?

The footprint of modern slavery can be found all around us. If the world understood just how close we are to it, would this change the way we consume?

Bernard Looney, then CEO of oil and gas company BP, walks into 10 Downing Street in London, Friday, Sept. 11, 2020. The CEO of BP, Bernard Looney, has resigned following allegations related to his "personal relationships with company colleagues," the British energy giant announced Tuesday, Sept. 12, 2023.
 

BP CEO resigns amid inappropriate 'personal relationships' claims

Bernard Looney, 53, notified BP he had resigned as Chief Executive Officer effective immediately, BP reported.

Members from UAW Local 372 who work at the Stellantis Trenton Engine Plant in Trenton listen to speakers inside the union hall before they marched across the street to the plant to rally and protest on Thursday, September 7, 2023.
 

UAW strike could cost US economy billions. Could it ignite a recession?

Anderson Economic Group says $5.6 billion would be cut out of the U.S. economy, if a strike hit all of the Detroit Three and lasted 10 days.

STOCK PHOTO: Layoff notice after spread of Covid-19. Crisis of the business recession during the Covid-19 outbreak.
 

Ask HR: After layoffs, how can I better care for my staff?

There's a right and wrong way to quit a job, and steps employers can take to care for employees after a layoff.

NEW YORK, NY - SEPTEMBER 13: A customer fills a 21 ounce cup with soda at a 'McDonalds' on September 13, 2012 in New York City. In an effort to combat obesity, the New York City Board of Health voted to ban the sale of large sugary drinks. The controversial measure bars the sale of sugar drinks larger than 16 ounces at restaurants and concessions. (Photo by Mario Tama/Getty Images)
 

McDonald's plans to remove all US self-serve soda machines by 2032

McDonald's revealed it will slowly transition away from beverage stations in dining rooms across the country by 2032.

LAS VEGAS, NEVADA - AUGUST 28: An exterior view shows the marquee at MGM Grand Hotel & Casino left of the Leo the Lion statue on the Las Vegas Strip amid the spread of coronavirus (COVID-19) on August 28, 2020 in Las Vegas, Nevada. MGM Resorts International will lay off 18,000 furloughed employees in the United States on Monday as the resort industry struggles to recover from the pandemic. The move was necessary since federal law requires companies to lay off   furloughed workers after six months. Before hotel-casinos shut down in March, the company had 68,000 employees nationwide, including 52,000 in Las Vegas. MGM Resorts said laid-off employees could be brought back as business demand returns. (Photo by Ethan Miller/Getty Images)
 

Cyber attack forces MGM Resorts chain to shut down computer systems

A ransomware attack left all of MGM's Hotels & Casinos in a vulnerable position with guests unable to access ATMs, digital keys and other amenities.

The Marshall Islands doesn't account for much land mass but the tiny islands and islets are spread far across the Pacific.
 

6 facts about this under-the-radar paradise

The Marshall Islands is a dynamic place with a dark past and uncertain future, yet not many people know about it.

Frontier Airlines jets sit at gates at Denver International Airport on Sept. 22, 2019, in Denver.
 

Act fast: Frontier Airlines is selling flights for 99% off

Now that's a bargain: 99% off most Frontier Airlines flights if you buy before the end of the day Tuesday.

Google faces off with the Justice Department over antitrust claims
 

Google vs. DOJ: Everything we know about the antitrust showdown

The antitrust case is the first major test of the government's ability to rein in Big Tech which wields unprecedented power over American life.

Advertisement

 

Sign up for the news you want

Exclusive newsletters are part of your subscription, don't miss out! We're always working to add benefits for subscribers like you.

SEE ALL NEWSLETTERS 

Newsletters   |    eNewspaper   |   Crosswords

Follow Us

Problem viewing email? View in browser

0 comments:

Post a Comment