ALL THE MONEY NEWS YOU NEED TO KNOW | | | | | | Daniel de Visé | Personal Finance Reporter
| | |
In a sweeping account that published today, Jessica Guynn tells the stories of Brian Weber and James Tyrone Nailor Sr., factory workers who found themselves on opposite ends of the affirmative action struggle. |
Weber, a white man, believed the law resulted in him being denied entry into a training program that would have lifted his pay. Nailor, who was Black, saw an opportunity to enter a white-dominated field. |
Both men fought for jobs in a river-town mill. Those jobs, and the controversy over who deserved them, would change the direction of the country. | Two men fought for jobs in a river-town mill. Fifty years later, the nation remains divided. Kyle Slagle/USA TODAY Network; Newspapers.com; Jack Thornell/AP; Courtesy Charles T. Nailor Sr.; Getty Images |
Will those $8 credit-card late fees help me or hurt me? |
Late fees on credit card payments will drop from $32 to $8 under a new rule announced Tuesday by federal regulators. |
It sounds great for consumers. The Biden administration says it will help more than 45 million credit card holders save an average of $220 each per year. Yet, the banking industry -- and even some independent analysts -- warn of unpleasant consequences. |
📰 More stories you shouldn't miss 📰 |
New for vegetarians: Oscar Mayer is rolling out a plant-based weiner. |
Coming to market later this year: NotHotDogs and NotSausages from The Kraft Heinz Not Company, a joint venture of Oscar Mayer's parent company Kraft Heinz, and TheNotCompany, a Jeff Bezos-backed food tech startup. |
Now, the big question: Will our vegetarian wife try one? |
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. | | | | Federal Reserve Chair Jerome Powell said the Fed will likely cut interest rates this year. Officials want to see inflation moving "sustainably" to 2% | | | |  | In 1974, a white Louisiana factory worker sued for reverse discrimination and lost. The nation is still struggling with the outcome. | | | | The U.S. is slashing the late credit card payment fee banks can charge you. Some experts warn this may be good for consumers now but may hurt later. | | | | The typical late fee on a credit card payment will drop from $32 to $8 under a new rule announced Tuesday by federal regulators. | | | | Later this year, you will be able to buy Oscar Mayer brand plant-based hot dogs, bratwurst and Italian sausages. | | | | OLIPOP is prepared to offer a pair of besties an all-expenses paid road trip to create content and spread the word about the healthy soda brand. | | | | Warning of threats to national security, lawmakers introduced a bill that would give China's ByteDance six months to sell off TikTok or face a US ban. | | | | Tighter credit leaves potential borrowers in a uniquely unpalatable position: Loans cost more, and it's harder to get one. | | | | Tesla is giving $5,000 of incentives in China, which shows the price war is far from over. | | | | Cookie Monster from "Sesame Street" says "shrinkflation" is causing his cookies to get smaller in size. | | | | |  | 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. | | | | | | |
0 comments:
Post a Comment