ALL THE MONEY NEWS YOU NEED TO KNOW | | | | | | Daniel de Visé | Personal Finance Reporter
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Good morning! It's Daniel de Visé with your Daily Money. |
Melinda French Gates is stepping down from the Bill & Melinda Gates Foundation, one of the largest charitable institutions in the world, the organization co-founder announced on Monday. |
She said her last day of work with the Seattle-based global health and development charity will be June 7. |
The Gates Foundation has made $77.6 billion in charitable contributions across more than 30 years. |
Some investors shy away from certificates of deposit because they put your money out of reach for anywhere from a few months to -- 100 years?! |
Walden Mutual Bank of Concord, New Hampshire, is offering a 100-year CD that pays a fixed 4.75% annual interest rate from now until . . . a century from now, Medora Lee reports. |
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Is McDonald's getting too expensive? |
The company has faced criticism as prices soared in recent years, Mary Walrath-Holdridge reports, reducing revenue from lower-income consumers and thinning foot traffic in stores. As a result, Chief Executive Officer Chris Kempczinski said in a recent earnings call that McDonald's has to be "laser-focused on affordability." |
McDonald's has since promised a reduction in prices and expressed interest in exploring more ways to win customers back, potentially including a new round of $5 meal deals. |
Here's what's next for the fast-food chain. |
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. | | | | "After careful thought and reflection I have decided to resign from my role as chair," Melinda Gates, the ex-wife of billionaire Bill Gates, said. | | | |  | Walden Mutual Bank's offering a fixed-rate 100-year CD. Should you consider investing in one? Here's what to know. | | | | McDonald's has previously announced plans to make some changes after soaring prices drove some customers away. | | | | Krispy Kreme has teamed up with Dolly Parton to launch the "Dolly Southern Sweets Doughnut Collection," available starting Tuesday. | | | | A decision by a California regulatory judge to reject a proposal by AT&T would mean landlines would still be available. | | | | Red Lobster has abruptly closed dozens of restaurants across the country. Here's a list of locations that are listed as closed on the brand's site. | | | | Keith Gill announced his return Sunday on X which caused GameStop's stock to jump 50% the next day. Here's what to know about investor Roaring Kitty. | | | | Navigating potential career transitions, especially when they involve valued clients, requires careful consideration and communication to ensure that professional relationships remain intact. | | | | RuPaul's Drag Race shone a light on the U.S. drag scene. But increased attention can beget hate and sometimes it's safer to be a drag queen abroad. | | | | For rural and lower-income patients, staying healthy will become more time-consuming after Walmart's exit from the primary care business, experts say. | | | | |  | 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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