ALL THE MONEY NEWS YOU NEED TO KNOW | | | | |
Good morning and Happy Friday! This is Betty Lin-Fisher with Friday's consumer-focused The Daily Money. |
Are you in the market for a new car? |
The good news: Inventories are at a four-year high. |
The bad news: Prices are also still high. |
Find out why new car prices are still inflated and what cars may be good buys in a story by my colleagues Medora Lee and Bailey Schulz. | New car inventories are up, but so are prices. jetcityimage / iStock Editorial via Getty Images |
Amazon to replace air pillows |
In an eco-friendly move, Amazon has announced that it will be ditching plastic air pillows in packaging for a more environmentally conscious material. |
The online retailer said it would begin a multi-year process to remove air pillows from its fulfillment centers. They will be replaced by recycled paper. |
The move will reduce Amazon's eco footprint. In 2020, Amazon generated 599 million pounds of plastic packaging waste, an increase of about 20% from 2019, according to Oceana, an advocacy group dedicated to ocean conservation that reported arriving at that figure after analyzing e-commerce packaging data. |
📰 Consumer stories you shouldn't miss 📰 |
Are you hankering for some Red Lobster cheddar bay biscuits, but not sure whether your local restaurant is open? The seafood chain in May filed for bankruptcy and closed nearly 100 locations in 28 states. But that was only 15% of the more than 600 locations open at the start of the year. |
Check out this story and graphic, which shows each Red Lobster location currently open in the U.S. |
Each weekday, The Daily Money delivers the best consumer and financial news from USA TODAY, breaking down complex events, providing the TLDR version, and explaining how everything from Fed rate changes to bankruptcies impacts you. | | | | New car inventory's at a 4-year high, but it's had little effect on prices. Here's what Americans should know before they start shopping. | | | | | The company says replacing the roughly 15 billion plastic air pillows used annually with recycled paper is the "largest reduction in plastic packaging in North America to date." | | | | Apple made several announcements at a conference in early June, but there's no evidence it plans to start charging for FaceTime. | | | | Vacations can help us recharge and reset. However, Americans take the least vacations globally, according to a new study by Expedia. | | | | These four basic tips can help you stick to a carry-on and travel like a pro, even on three-month trips. | | | | Red Lobster filed for Chapter 11 bankruptcy in Florida in May. Here's a complete list of the company's restaurant locations that are still open. | | | | U.S. State Department will open six new passport agencies to assist those with "urgent travel needs," Secretary of State Antony Blinken announced. | | | | Limited Too, popular teen clothing brand, appeared to confirm its comeback in a social media post Tuesday, leading social media users to go wild. | | | | Trump Media fell again after regulators cleared the way for investors to exercise warrants, potentially flooding the market with millions of shares. | | | | The Fourth of July marks the peak of summer travel. Here are the best and worst times to avoid traffic. | | | | | | 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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