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Monday 1 July 2024

For ID theft victims, a long wait

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Also: A theme-park merger ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌  ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 

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The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Mon Jul 1 2024

 

Daniel de Visé Personal Finance Reporter

Good morning! It's Daniel de Visé with your Daily Money.

Thousands of unfortunate taxpayers who are the victims of identity theft are waiting up to two years to receive their federal income tax refunds, according to a new report from the National Taxpayer Advocate.

Unfortunately, the situation appears to be getting worse, not better, at the IRS when it comes to clearing up ID theft cases and sending refunds to those who need them.

The rent or mortgage must get paid, groceries need to be bought, the car must get fixed, and the charges on high-rate credit cards all keep piling up. But the tax refund is nowhere to be found for many victims, Susan Tompor reports.

Six Flags and Cedar Fair are about to merge

Regional theme park giants Six Flags and Cedar Fair are expected to close their merger on Monday, Eve Chen reports.

The proposed merger will form one of the largest theme park businesses in North America. Together, Cedar Fair and Six Flags currently control dozens of theme parks, water parks, and resort properties across the U.S., Canada and Mexico.

📰 More stories you shouldn't miss 📰

Five tips for getting smarter with your money
CDK cyber-attack update
Chipotle rolls out gold-wrapped burritos
Gen X reaches a major retirement milestone
Medicare is not as affordable as you think

🍔 Today's Menu 🍔

As the temperature outside continues to heat up, so have the fast food value menu wars.

Between McDonald's newly introduced $5 value meal and Taco Bell's new limited-time Luxe Cravings Box, there is no shortage of summer deals, Mary Walrath-Holdridge reports. As fast-food giants race to win customers back after skyrocketing prices turned them away, consumers seem to be reaping the benefit − at least for now.

The summertime sales cover breakfast, lunch, dinner and then some, all for easily under $10 per person.

Wondering where you can catch some of the best deals? We've got you covered.

About The Daily Money

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.

Daniel de Visé covers personal finance for USA Today.

People line up outside of Patrick V. McNamara Federal Building in downtown Detroit for IRS related issues on Saturday, May 18, 2024.

The IRS had been taking about 19 months to identify legitimate taxpayers and issue refunds, but now it's taking even longer, according to a new report.

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Visitors ride the Goliath roller coaster at Six Flags Magic Mountain in Southern California.
 

Six Flags, Cedar Fair merger expected to close Monday

Once combined, the company will be worth an estimated $8 billion.

Breakfast sandwiches and iced coffees are also available as part of the bundle.
 

Value menus are taking over: Where to get cheap fast food this summer

McDonald's $5 meal deal is just the tip of the iceberg: check out other value meals from fast food favorites like Taco Bell and Wendy's this summer.

Erika Kullberg
 

Get smarter with your cash by following these 5 tips

Opening a high-yield savings account and starting an emergency fund are just two of the ways you can get smarter with your money, Erika Kullberg says.

Not all healthcare costs are covered by Medicare.
 

I thought Medicare was affordable. These 3 numbers say otherwise.

Don't assume you'll be able to swing your Medicare costs with ease. Here's a harsh but necessary reality check.

A nationwide cyberattack on CDK Global is said to have forced some dealerships to resort to paper sales records.
 

CDK taking a 'phased approach' to restoring car dealers' systems

CDK Global said it is in the process of restoring various applications for car dealers after a cyberattack last week prompted a major shutdown.

There are several important things to consider before dipping into retirement savings.
 

Generation X is coming up on a big retirement milestone

Accessing life savings is about to get a lot cheaper for some members of Generation X, but that doesn't mean now is the time to crack open nest eggs.

St. Jonsfjorden at Spitsbergen, Svalbard.
 

What goes on during an expedition cruise? We went on board to find out

Expedition cruising is one of the fastest-growing segments in the cruise industry where passengers can experience pristine wilderness face-to-face.

Embargoed until 8:08 am ET on Monday, 7/1. Starting July 25, the fast-casual Mexican food chain will be wrapping burritos in gold foil for a limited time to celebrate the Summer Olympic Games
 

Going for gold: Chipotle to serve gold-wrapped burritos during the Olympics

Timed to the Paris Summer Olympics, Chipotle will wrap your burrito in gold foil. And you can order the same burrito or bowl as some U.S. Olympians.

Dylan Grosz, 11, sits in his best Yoga pose as water splashes around him as children from Ocala's Best Summer Camp were trying to beat the heat Monday July 10, 2023 by playing at Lily's Pad, a splash pad located at Lillian Bryant Park. The park also offers basketball courts, a covered pavilion with picnic tables, a playground, walking trail and a little league baseball field.
 

Kids get costly in summer. Here's how to save money on camp and care

The annual summer scramble for camp and daycare coverage is underway. Prices are rising. We offer some expert tips on how to save money.

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