ALL THE MONEY NEWS YOU NEED TO KNOW | | | | | | Daniel de Visé | Personal Finance Reporter
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Good morning and Happy Valentine's Day! It's Daniel de Visé with your Daily Money. |
Older adults should expect a much smaller cost-of-living bump in their Social Security checks next year, as inflation continues to slow, Medora Lee reports. |
Based on January's consumer price index (CPI) report, the cost-of-living-adjustment (COLA) in 2025 is forecast at 1.75%. That increase would be lower than this year's 3.2% adjustment and 2023's 8.7%, which was the largest jump in 40 years. Read the story. |
Yes, inflation numbers came out yesterday (story here), but let's move on to our Valentine's Day coverage. | Happy Valentine's Day! Lauren DeCicca, Getty Images |
Why you might want separate bank accounts |
If your goal is a romantic Valentine's dinner, then that candlelit setting might not be the right moment to start a conversation about the merits of joint and separate bank accounts. |
All the same, it's a talk couples should have. At some point. |
The internet percolates with articles advising romantic partners on how they should bank their money. Some writers favor separate accounts. Others encourage commingled funds. |
We asked several experts about the best approach to financial bliss. When pushed to name a preference, they did. Read the story. |
📰 More stories you shouldn't miss 📰 |
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. | | | | If your goal is a romantic Valentine's dinner, then that setting might not be the right moment to start a conversation about separate bank accounts. | | | |  | Social Security's 2025 cost-of-living adjustment is expected to slide as inflation cools. Seniors, though, are still struggling and paying more tax. | | | | The Actors' Equity Association is hoping to represent around 1,700 performers character actors and support staff at the Disney parks in California. | | | | A coalition of gig-work drivers organized under Justice for App Workers are planning to strike on Valentine's Day on Wednesday. The workers are demanding safer working conditions and better pay. | | | | Cuts at Paramount come after CBS, owned by Paramount Global, saw record-breaking advertising and sales for Super Bowl LVIII's 120 million viewers. | | | | The S&P 500 and Dow Jones Industrial Average fell sharply Tuesday as traders delayed forecasts for the Federal Reserve's interest rate cuts. | | | | Here's what you should know about net pay, what it is, how to calculate it and the difference between gross pay vs. net pay. | | | | Liza Likins thought "Donald" was in love with her. Instead, he cheated her of more than $1 milllion in a romance scam. | | | | What to know about Temu, the online marketplace that was featured in multiple Super Bowl ads this year. | | | | The U.S. turned in another surprisingly strong year of job growth in 2023, defying forecasts of a slowdown amid historically high interest rates . | | | | |  | 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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