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Wednesday 7 February 2024

Is the 737 Max safe to fly?

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Air travelers reconsider the Boeing jet. ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌  ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 

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The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Wed Feb 7 2024

 

Daniel de Visé Personal Finance Reporter

Good morning! It's Daniel de Visé with your Daily Money.

All of a sudden, air travelers are taking a keen interest in whether their next flight will put them in the cabin of a Boeing 737 Max.

In the wake of the latest 737 Max fiasco - a weeks-long grounding following the explosive decompression of an Alaska Airlines flight in January - passengers are having second thoughts about flying in one, Zach Wichter and Nathan Diller report. Social media is littered with posts from travelers who say they want to avoid the jets in their future travels. Read the story.

Ap Boeing Plane American Airlines

An American Airlines Boeing 737 Max takes off at Tulsa International Airport.

Mike Simons/AP

Streaming heaven for sports fans

In a major move for streaming TV, three of the largest media companies are teaming up for a joint venture that will offer access to every major-league sport, Gary Levin reports.

Disney's ESPN, Fox Corp.'s Fox Sports and Warner Bros. Discovery's TNT, TBS and other networks will offer a comprehensive package this fall that includes NFL, NBA, MLB and NHL games. You won't be able to watch every game, but It's an appealing bundle for cable cord-cutters who are sports fans.

Each company will own a share of the service, which does not yet have a name, pricing information or a specific launch date, and is subject to finalizing agreements. But it's a further acknowledgment of the splintering of the cable bundle as more consumers gravitate to streaming. Read the story.

📰 More stories you shouldn't miss 📰

Gold, silver prices expected to rise
Kids pay taxes, too
An $18 big mac?!
What are the top tax firms?
Millions face prescription med shortages

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.

Daniel de Visé covers personal finance for USA Today.

A Boeing 737 MAX 7 takes off on its first flight on March 16, 2018, in Renton, Washington.

The latest issues has renewed questions about the Boeing 737 Max's safety record and left some travelers wondering if they want to fly the planes.

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Jan 13, 2024; Kansas City, Missouri, USA; Kansas City Chiefs quarterback Patrick Mahomes (15) throws against the Miami Dolphins during the first half of the 2024 AFC wild card game at GEHA Field at Arrowhead Stadium. Mandatory Credit: Jay Biggerstaff-USA TODAY Sports
 

Finally, a three-way TV sports streaming bundle

A new joint venture between three top rights holders will change the way many watch TV sports.

A jewellery quarter gold dealer poses with three 1kg gold bullion bars on December 13, 2023 in Birmingham, England.
 

Gold, silver prices expected to rise in 2024, UBS analyst projects

A precious metals strategist with investment banking company UBS projects the price of gold and silver to rise if the Federal Reserve eases interest rates this year.

Here are the top 100 tax and top 100 accounting firms for your company, based on a USA TODAY/Statista survey. Both peers and clients were polled.
 

Want a less stressful tax season? Try one of our top accounting firms.

Here are the top 100 tax and top 100 accounting firms for your company, based on a USA TODAY/Statista survey. Both peers and clients were polled.

How to land your first summer job
 

Your child's earnings could complicate your tax season. Here's why.

If your kid has income, the IRS wants to know about it. Learn when your child has to file a tax return, how to do it and what it could mean for you.

More employers, including some McDonald's locations, are using hiring bonuses to lure applicants to jobs in the tight labor market.
 

McDonald's CEO says company will focus on affordability in 2024

The CEO of fast food giant McDonald's said in an earnings call the company would focus on affordability in 2024.

A door plug area of an Alaska Airlines Boeing 737 Max 9 aircraft awaits inspection with paneling removed at the airline's facilities at Seattle-Tacoma International Airport on Jan. 10, 2024.
 

Blowout report: Boeing plane was missing key bolts from door plug

A preliminary NTSB report into last month's Alaska Airlines incident says bolts that hold the door plug in place on the Boeing 737 Max 9 were missing.

Meta has been named in the lawsuit against the Facebook groups.
 

Changes coming to AI images on Facebook, Instagram as tech preps for elections

Meta, the parent company of Facebook, Instagram and Threads, announced Tuesday that the company will be adding labels for AI images.

Before helping your child take out loans make sure you understand the benefits and drawbacks.
 

Education Department steps in to try to ease colleges' FAFSA woes

After repeated delays in the new simplified FAFSA rollout, the Education Department says it's providing people, money and new tools to schools to help.

The   Biden Administration's   recent announcement regarding student debt relief thrust the topic into the forefront of the news. Under the program, students awarded Pell Grants and who took out loans from the Department of Education will have $20,000 of debt canceled. Those without a Pell Grant will have $10,000 shaved off their outstanding balances.   According to the Department of Education, federal student loans currently total   $1.6 trillion. All told, 45 million borrowers hold federal student loan debt. A typical undergraduate student leaves school $25,000 in debt. (These are the    most expensive states to get a college education   .)    Burdened by that much debt, many college graduates are not always able to keep up with monthly payments. But the numbers vary by state. To identify the states with the most past-due student debt, 24/7 Wall St. ranked states by the percentage of people with student debt 90 days past due in 2021 using data from the Federal Reserve Bank of New York.     The average student loan debt by state comes from the    Education Data Initiative    for 2022, while the percentage of   graduating students with debt in 2019-2020 comes from    The Institute for College Access and Success   . Adults with at least a bachelor's degree and the poverty rate in each state comes from the Census Bureau's American Community Survey 2020 five-year Estimates.    The state with highest percentage of student debt holders in arrears is Mississippi at nearly 11%. With the highest poverty rate in the nation, students may already have a tough time making ends meet. The state is also home to the second lowest percentage of bachelor degree graduates at 22.8%. (   See the ZIP codes where the most people have college degrees   .)    In New York state, only 4.8% of student loan borrowers have   skipped payments and are 90 days past due - the lowest share in the nation. Yet all students struggling to pay down their federal loans can breathe a sigh of relief. The government extended the repayment hiatus until December 31.
 

Companies can now offer student loan 401(k) matching, but will they?

Companies this year can match student loan payments with a retirement contribution, but most are opting not to offer that perk to workers. Here's why

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