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Monday 29 July 2024

Saying no to parenthood

06:16

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Also: The inflation narrative has flipped ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌  ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 

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The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Mon Jul 29 2024

 

Daniel de Visé Personal Finance Reporter

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

Early in their relationship, Lisa and Michael Harris decided children weren't likely in their future.

The Alexandria, Virginia-based couple married in 2019, when Michael was 60 and Lisa was 49. There was little discussion of having kids. Instead, the Harrises poured their time and resources into their social life, careers and travel.

As Bailey Schulz reports, many Americans are shrugging off the idea of parenthood.

The inflation narrative has flipped

The nation's regional inflation rankings have turned upside down.

For years, inflation has been higher in the South and West because Americans flocked to those areas for their temperate climates and lower costs, driving strong consumer demand and higher prices.

The pandemic amplified that trend, Paul Davidson reports. As remote work spread, many people streamed out of densely populated Northeastern and Midwestern cities like New York and Chicago for less costly areas with lots of open spaces, like Tennessee's Nashville and Idaho's Boise.

📰 More stories you shouldn't miss 📰

Starter homes are getting pricier
See the JD Power satisfaction rankings
All about side hustles
This activist took on Pornhub
What is a fixed-rate annuity?

📰 A great read 📰

Finally, here's a popular story from earlier this year that you may have missed. Read it! Share it!

The 2024 Super Bowl turned heads with a blitz of ads for a little-known company named Temu.

Searches for the e-commerce company ‒ including the phrase "what is Temu" ‒ spiked after the brand aired five commercials during and shortly after the game, each showing colorful animated characters purchasing goods for as little as 99 cents. A perky song played in the background as characters danced across the screen, promising viewers the chance to "shop like a billionaire," Bailey Schulz reports. 

But are the site's low prices worth it? Here's what to know about Temu.

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.

Tina and Magnus Wahlstrom with their miniature goldendoodle dogs, Ruben and Sven.

About 47% of U.S. adults younger than 50 without kids polled in 2023 said they were unlikely to have children, up 10% from 2018.

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The U.S. inflation rate as measured by the consumer price index has fallen significantly in the past two years but remains above the 10-year median of 2% growth, which is also the rate the Federal Reserve targets.
 

Reversal of fortune: Northeast has hottest inflation in the nation

Inflation has picked up in Northeast while slowing in the South and West as regions reverse positions. One reason: s surge in Northeast home prices

This photo illustration shows the Temu app in the App Store reflected in videos of Temu consumers, in Washington, DC, on February 23, 2023.
 

What to know about online marketplace Temu

What to know about Temu, the online marketplace that was featured in multiple Super Bowl ads this year.

A home for sale in Ventura, California. The median price of a home sold in Ventura County in December was $882,500, according to the California Association of Realtors.
 

Hefty price tag: Starters homes are worth $1 million in 237 U.S. cities

Almost half of U.S. cities with starter homes worth $1 million are located in California.

Staff members check the new all-electric Mini Cooper car at the Beijing Auto Show in Beijing on April 25, 2024. MINI was rated the highest mass market brand for customer satisfaction by the J.D. Power 2024 APEAL survey.
 

See the results of the latest JD Power satisfaction survey

J.D. Power has released its annual satisfaction survey ratings, see how car owners rated the 2024 models.

Laila Mickelwait, author of the new book "Takedown."
 

Pornhub promoted child sex abuse videos. Then she intervened.

Pornhub was one of the most popular websites in the world in 2020, attracting billions of visits each month. It has faced a reckoning since.

A dog is walked along a rainbow walkway at Coogee Beach on Feb. 6, 2023 in Sydney, Australia. Sydney is hosting WorldPride from 17 February to 5 March 2023.
 

One in 3 adults have a side hustle. How you could earn extra cash

More than 36% of U.S. adults are working a side hustle, according to a new Bankrate study. Here's why and how they are doing it.

A screen displays market news as traders work on the trading floor at the New York Stock Exchange (NYSE), Sept. 13, 2022.
 

Rich millennials bypass stocks for 'alternative' investments

Older investors like stocks. Younger investors prefer "alternatives," including crypto, according to a new industry survey.

Get the most out of the voice activated system on your phone.
 

Banks want your voice for extra security protection. Should you?

Banks say your voice data is an extra layer of biometric protection. Hackers see it as another way to steal it for deepfakes.

Making sure to wear a mask while flying days after being diagnosed with COVID,
 

If you get COVID before a trip, do you still go? Here's what I did.

When you get COVID before a big trip, rebooking and canceling plans can be stressful. So should you fly anyway?

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