ALL THE MONEY NEWS YOU NEED TO KNOW | | | | | | Daniel de Visé | Personal Finance Reporter
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Good morning! It's Daniel de Visé with your Daily Money, Leap Day edition. Every four years, we're here to give you all the business that's news on this rarest of dates. |
For years, many Kia and Hyundai owners held their breath when they approached the spot where they'd parked, so vulnerable were the vehicles to theft. |
Now, some good news for owners whose cars were actually stolen. Some will receive notices next week, Jonathan Limehouse reports, allowing them to claim their piece of a $145 million legal settlement. |
Still waiting on student debt relief |
On Black Friday, Jason Apley was shopping with his wife when he checked his bank account and noticed he had about $500 less to spend than last holiday season. |
Apley thought his student debt had been canceled. But when the pandemic-era hold on loan payments lifted, the hefty deduction popped up again on his balance. |
In 2022, Apley was among about 200,000 borrowers who settled a landmark federal lawsuit with the U.S. Education Department. The case touched on the deceptive practices of for-profit schools, which the borrowers said misled them with promises they'd end up in high-paying jobs. The federal government agreed that thousands had been swindled and promised to cancel the borrowers' debt. |
This year, that debt was supposed to be wiped clean. For some borrowers, though, relief has not arrived. |
📰 More stories you shouldn't miss 📰 |
As we recently reported, Wendy's appears to be experimenting with "surge" pricing, taking a cue from the rideshare apps. Now, a competitor is capitalizing on the backlash. |
Burger King is offering customers a free Whopper or Impossible Whopper -- ha ha, make that "Impossibly Priced Whopper!" -- with a purchase of $3 or more through Friday for customers who order via the BK app. |
"Surge pricing? Well, that's new. Good thing the only thing surging at BK is our flame!" Burger King said in a statement. Ouch. |
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. |
Daniel de Visé covers personal finance for USA Today. | | | | Hagen Berman announced that eligible Kia and Hyundai owners will be able to submit a claim next week to receive a piece of a $145 million settlement. | | | |  | The Biden administration may be in breach of a court settlement, plaintiffs say, after officials missed a deadline to dole out student loan relief. | | | | Your marital status can have a bigger impact on your benefits than you might think. | | | | The recall affects certain 2021-2023 Jeep Grand Cherokee L and 2022-2023 Jeep Grand Cherokee vehicles produced between December 2020 and May 2023. | | | | Hoping to capitalize on backlash dealt to rival food chain Wendy's, Burger King is offering customers a free Whopper with a purchase of $3 or more. | | | | Panera Bread has agreed to pay $2 million to settle a class action lawsuit accusing it of charging hidden fees for delivery orders. | | | | Starbucks and labor union Workers United have announced that both sides agreed to continue discussions about collective bargaining agreements. | | | | Here are the best months to cruise Alaska, the Caribbean, the Mediterranean and other popular destinations. | | | | Uber, Amazon and airlines use surge pricing. Wendy's will now introduce it, joining more companies that adjust prices based on real-time demand. | | | | Sen. Bob Casey, D-Pa., introduced a bill to fight shrinkflation of household consumer goods that American families routinely purchase. | | | | |  | 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. | | | | | | |
