ALL THE MONEY NEWS YOU NEED TO KNOW | | | | | | Daniel de Visé | Personal Finance Reporter
| | |
Fewer of us are writing wills, a new survey says, a finding that suggests Americans are worrying less about mortality as the pandemic fades. |
Only 32% of adults reported having a will in 2024, down from 34% in 2023, according to the 2024 Wills and Estate Planning Study from Caring.com, an online senior care platform. The figure had crept steadily upward since 2020. |
Estate planners saw a spike in wills and trusts at the pandemic's peak, a time when many Americans were stuck in their homes and preoccupied with their health. Now the pandemic has eased, and Americans' attention has moved on. |
Fed chair talks interest rate cuts |
Federal Reserve Chair Jerome Powell said Wednesday that recent high inflation readings don't "change the overall picture," suggesting the central bank is still on track to lower its key interest three times this year if price increases continue to ease as expected. |
A report Tuesday generally supported the Fed's plan to chop interest rates, Paul Davidson reports, revealing that job openings were roughly unchanged at 8.8 million in February – below the record 12.2 million in early 2022 but above the pre-pandemic average of about 7 million. |
📰 More stories you shouldn't miss 📰 |
Here's a recent story that resonated with readers - a greatest hit. Read it again. Read it for the first time. Share it with friends. |
In a recent paper, two economists from opposing ideological camps made a provocative case: The federal government should abolish the 401(k) and Individual Retirement Account, the tax-sheltered savings plans that help millions of Americans fund their golden years. |
Allowing people to shelter their retirement money from taxes is a policy that largely favors the well-heeled, they said. Congress could use that money, nearly $200 billion a year in lost tax dollars, to shore up the underfunded Social Security program. |
Their suggestion created a stir. One social media post has drawn more than 700,000 views. |
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. | | | | Fewer of us are writing wills, a new survey says, a finding that suggests Americans are worrying less about mortality as the pandemic fades. | | | |  | Fed's Powell hinted officials could still cut interest rates three times in 2024 despite inflation uptick. It doesn't "materially change" the picture | | | | Trump Media has filed a lawsuit against co-founders Wesley Moss and Andrew Litinsky, accusing them of mismanaging the company. | | | | Your refund check has arrived. You've already spent it, or saved it, several times over, but only in your head. Now, you must decide what to do. | | | | See the cars, trucks and SUVs that made Consumer Reports' latest top 10 picks list that highlights some of the best of 2024. | | | | Facebook is rolling out a new fullscreen video player with "more relevant" AI-powered video suggestions. | | | | A proxy battle, a tweak of a classic theme park experience, and theatrical and streaming debuts will be worth watching this month. | | | | Costco is expanding its partnership with medical provider Sesame to offer weight loss programming to its members. | | | | Amazon is changing its Just Walk Out technology at its Amazon Fresh stores for a smart cart. | | | | Tropicana Las Vegas is set to close Tuesday, April 2, just two days shy of its 67th anniversary. | | | | |  | 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