ALL THE MONEY NEWS YOU NEED TO KNOW | | | | | | Daniel de Visé | Personal Finance Reporter
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The 529 education savings plan got a couple of big upgrades in 2024 as a tool to save and pay for school, Medora Lee reports. |
When will inflation ease already? |
Since a key inflation report this month showed an unexpected surge in consumer prices, hopes for a flurry of interest rate cuts this year have dimmed, the stock market has tumbled and an upbeat mood on the economy has soured a bit, Paul Davidson reports. |
But inflation is still on course to gradually ease this year and in 2025, top forecasters say. The recent price acceleration largely centers on a few categories, such as rent, car insurance and medical care. |
While some economists say the cost of such services will continue to rise sharply in 2024, others expect a slowdown that could still allow the Federal Reserve to lower interest rates more than markets now anticipate. |
📰 More stories you shouldn't miss 📰 |
Finally, here's a popular story from earlier this year that you may have missed. Read it! Share it! |
For the kitchen-table investor with a little money to spare, now might be an ideal time to consider investing in a certificate of deposit. |
CD rates are as high as they've been in years. The best one-year CDs have been topping out over 5% in interest. |
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. | | | | New FAFSA created the "grandparent loophole" allowing nonparents to use 529s to help pay for school without hurting a student's financial aid chances. | | | |  | Some economists say inflation will soon resume its slowdown after flaring recently, letting the Fed cut rates. Others say it will stay high longer. | | | | That's down from a robust 4.1% in the second half of last year. Most forecasters expect slower gains later this year. | | | | The U.S. Chamber of Commerce filed a lawsuit in federal court Wednesday to stop a rule issued by the FTC banning noncompete clauses. | | | | We hit the trails to definitively determine if the Cybertruck is the apocalypse-fighting off-road warrior Tesla sells it as. | | | | Most million-dollar-plus portfolios start growing slowly — and then wild things happen. | | | | For the kitchen-table investor with a little money to spare, now might be an ideal time to consider investing in a certificate of deposit. | | | | President Biden signed legislation Wednesday that could force a sale or a nationwide ban of TikTok. On TikTok, CEO Shou Chew said: "This is a ban." | | | | Here's a look at the pros and cons of 401(k) accounts. Some of them might surprise you. | | | | A financial adviser can be critical when the stock market and economy are volatile, Here's a look the top firms, according to USA TODAY and Statista | | | | |  | 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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