ALL THE MONEY NEWS YOU NEED TO KNOW | | | |
Trick or treat? If you're a Mac lover, most likely the latter. |
Apple on Tuesday announced a product showcase taking place the night before Halloween. The online event taking place Oct. 30 is dubbed "Scary Fast" which could be a reference to the new M3 Mac chip which is supposed to boost the performance of its computers. Also widely expected to make an appearance are new Mac computers. |
The presentation is likely to be the last of the year for Apple. |
The event is slated to take place on the company's website and on video platforms like YouTube at 5 p.m. PST, an unusual nighttime booking for Apple. | Apple CEO Tim Cook was shocked to see an original Macintosh Classic at a store opening as he greeted customers at the opening of the first store in India on April 18. USA Today |
Is it time to buy I Bonds? |
Spoiler alert: There's no rush, Susan Tompor reports. |
The current rate on an I Bond bought from May through October is 4.3%. That includes a key fixed rate of 0.9% for I Bonds bought through October — and an annualized inflation-adjusted rate of 3.38% that is added on top of the fixed rate. |
Based on the latest inflation data announced on Oct. 12, the inflation-linked rate for I Bonds is expected to be 3.94%, according to Ken Tumin, who founded DepositAccounts in 2009, which is now part of LendingTree. The site tracks and compares bank rates. |
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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. | | | | Rapidly rising yields in the bond market have been pressuring stock prices since the summer, and they seemed set to climb further. | | | | If you visit a participating Dave's Hot Chicken restaurant on Tuesday, Oct. 24 you can leave with a free chicken slider or tender on Drake. | | | | Wealth means different things to different Americans. We'll look at five numbers that define wealth in recent surveys and studies. | | | | One in four married couples leaves valuable retirement funds on the table by failing to claim employer matches in their 401 (k) plans, a study finds. | | | | You can claim your free fries on Friday through the end of 2023 by making a minimum $1 purchase on the McDonald's app. | | | | The independent energy company Hess Corporation will be purchased by oil and gas giant Chevron for $53 billion, the companies announced Monday. | | | | Ford had several recent recalls including Mustang Mach-E, Lightning pickups and Explorers. There was a small recall of 13 2023 Toyota 4Runner SUVs. | | | | The dichotomy between blue and red states – in essence California vs. Florida and Texas – has played out in many arenas on many specific issues. | | | | PHEVs are the best emissions-saving technology for many drivers, especially in these early days of the transition to fully electric vehicles. | | | | The average lifespan of smartphones is around 2.5 years. Bigger brands like Apple and Samsung tend to have longer lifespans than smaller companies | | | | | | | 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. | | | | | | |
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