ALL THE MONEY NEWS YOU NEED TO KNOW | | | | | | Daniel de Visé | Personal Finance Reporter
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Economists have been scratching their heads over how Americans can continue to prop up the economy with their spending despite high interest rates, persistent inflation, dwindling savings and rising debt. |
Consumers have been opening their wallets, with many making big lifestyle changes that include buying a new house or car, this despite fierce economic headwinds. How has this happened? |
There may be a simple answer, Paul Davidson reports. |
Millennials want to retire by 60. Good luck with that. |
The average millennial is 30-something, an age by which most of us are well-versed in the ups and downs of financial life. |
It may come as a surprise, then, that the average millennial expects to retire before 60, a goal not many of us can afford to attain. |
Retirement surveys reveal a paradox at the center of the millennial Americans' working life: They hope to retire early. They expect retirement to cost $1 million or more. |
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Finally, here's a popular story from earlier this year that you may have missed. Read it! Share it! |
Think you're a hot dog driver? Here's a potential job for you: driving the Wienermobile. |
Earlier this year, Oscar Mayer announced it would hire a dozen "Hotdoggers," for year-long full-time jobs driving its iconic 27-foot-long hot dog on wheels. The Wienermobile first hit the road in 1936. |
Drivers travel and maintain one of six Wienermobiles, traveling an average of 20,000 miles, visiting more than 20 states and handing out 250,000 Wiener Whistles during the year, the company says. |
It's probably too late now to apply for this year, but . . . there's always next year. |
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. | | | | Americans who get new jobs spend more and step up their lifestyles. That's propping up the economy even as COVID savings run dry and debt rises. | | | |  | Millennials expect to retire before 60, a goal not many of us can afford to attain. | | | | Tesla is asking shareholders to reaffirm their approval of CEO Elon Musk's record-breaking compensation from 2018, which was rejected by a judge. | | | | The contest, which runs through April 30, celebrates the launch of PetSmart's new shopper loyalty program. | | | | Finding a charging station can be tricky for an electric car driver. Google Maps is launching new features to help people in real time. | | | | Oscar Mayer is looking for 12 drivers for its 2024 class of Wienermobile 'Hotdoggers,' brand ambassadors who drive the vehicle across the U.S. | | | | In a memo to its members American Airlines' pilots union said it had concerns about safety at the carrier. | | | | Toyota is recalling certain 2023-2024 Prius and Prius HEV compacts because rear doors could short-circuit and open unexpectedly, the company says. | | | | Beginning July 15, the outerwear clothing and equipment company plans to change its call center hours to 8 a.m. to 8 p.m., a reduction of four hours daily. That will also mean a reduction in workforce. | | | | Trump Media owns Truth Social, a social media platform created by Donald Trump. Its share prices have plummeted after a big debut on the stock market. | | | | |  | 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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