ALL THE MONEY NEWS YOU NEED TO KNOW | | | | |
If you're in the market shopping for your dream home, your dreams of a lower mortgage rate have been dashed, my colleague Medora Lee reports. |
The Fed last week put a hold on interest rate cuts and tweaked plans for its balance sheet. Those actions may not raise mortgage rates significantly, but will likely keep them elevated, analysts say. |
Read more about mortgage rates in Medora's story. | Mortgage rates are not expected to rise, but will likely stay elevated, analysts say. The Repository |
TikTok sues US government |
In the latest volley in the TikTok battle, the social media company and its Chinese parent company Byte Dance have filed a lawsuit in federal court. |
The lawsuit seeks to block a new law that would force the sale or a nationwide ban of the popular short-form video app. |
Read more in my colleague Jessica Guynn's story. |
📰 Consumer stories you shouldn't miss 📰 |
Consumers soon won't be able to get Charged Lemonade drinks at Panera Bread. The fast-casual food chain announced on Tuesday that it was removing the line of drinks from the menu. Panera has been hit with several suits over the drinks, including two lawsuits alleging the drink's caffeine contents caused fatal cardiac arrests, and a third, filed this year, alleged it caused permanent heart issues. |
Find out more about when the drinks might disappear from the menu in this story. |
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. | | | | Homebuyers hoping for a break in high mortgage rates this spring will likely have to wait. The Fed dashed hopes that relief was around the corner. | | | | | Alleging free speech violations, TikTok filed a lawsuit in federal court seeking to block new law that would force the sale or ban of TikTok. | | | | A California bill aims to curb retail theft and create jobs by staffing up self-checkout stations and limiting purchases to 10 items or fewer. | | | | Expensive rage rituals have garnered attention via viral videos that particularly resonate with women. Here's why. | | | | The Social Security Administration said Monday it has enough funds to pay all scheduled benefits until 2035. | | | | A woman, Aziza Graves, was convicted of stealing more than $60,000 from the same Target store in San Francisco using self-checkout. | | | | Princess Cruises' 2026 world cruise will take guests to 52 destinations, more than any of its others. | | | | Panera Bread's caffeinated Charged Lemonade, subject of multiple lawsuits – and alleged cause of death of two people – is being pulled from the menu. | | | | Trump Media is known by experts as a meme stock. During its six weeks on the stock market, shares have swung wildly. What to know about ticker DJT. | | | | Don't let the summer drift away. Get the most out of your vacation days using this TikToker personality's plan to extend your consecutive days off | | | | | | 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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