ALL THE MONEY NEWS YOU NEED TO KNOW | | | | |
Good morning and happy Friday! This is Bailey Schulz, filling in for Betty Lin-Fisher with today's consumer-focused The Daily Money. |
Are you unwittingly signing away your legal rights when you sign up for a streaming service? Quite possibly. |
The Walt Disney Co. is trying to toss out widower Jeffrey Piccolo's wrongful death lawsuit, arguing he agreed to settle any disputes with the entertainment giant and its affiliates out of court when he signed up for a free trial of its streaming service Disney+. |
While most of us rarely read companies' lengthy subscriber agreements before clicking "I agree," legal experts say the courts still enforce them. |
"Sadly, Disney could very well have a viable argument here," University of Buffalo law professor Christine Bartholomew told my colleague Jessica Guynn. "The Supreme Court has, time and again, treated these arbitration provisions as binding. It doesn't matter if it's in fine, teeny tiny print in the terms of conditions." | A man looks at his phone as he passes by a screen advertising Walt Disney's streaming service Disney+ in New York City, U.S., November 12, 2019. Brendan McDermid, Reuters |
Store brands are more popular than ever. But do they taste better? |
With elevated inflation pushing up prices over the past two years, store brands are surging . Private label products made up a record 20.7% of all grocery sales in 2023 in terms of units sold and reaped $236 billion in sales last year, according to the Private Label Manufacturers Association. |
But these products aren't the cheap, poor-quality store brands of the inflationary 1970s. Today, store-brand foods are competing with the likes of upmarket gourmet selections like Rao's Homemade pasta sauce and name-brand frozen pizzas, according to blind taste tests from other news outlets. |
"Our research has told us that 85% of consumers view private brand quality as equal to or greater than the national brands. It's a huge change," said Jim Griffin, president of Daymon North America, a company that helps supermarkets develop private brands. |
📰 Consumer stories you shouldn't miss 📰 |
Would you pay $100 for a McDonald's cup? |
It's been less than a week since the fast food giant started giving away cups as part of its adult happy meal, and the collectibles are already a hot commodity . Online listings for the cups – which are designed with nostalgic icons like Beanie Babies, Barbie, Jurrasic Park and Shrek – are popping up on sites like eBay and Mercari for anywhere from $15 to $100. |
"These new collectible cups commemorate some of our most unforgettable designs and global collaborations over the years, allowing longtime fans to relive treasured moments and helping a new generation make their own lasting memories," company executive Morgan Flatley said in a news release. |
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 | | | | Are you unwittingly signing away your legal rights when you sign up for a streaming service? Quite possibly. | | | | | Store brands have evolved from inferior generic alternatives into private-label offerings that can compete with name brands on both quality and price. | | | | Under pressure to put forward economic plans of her own, Vice President Kamala Harris is holding the first policy-focused event of her campaign. | | | | The hacking group USDoD claimed it had stolen personal records, including Social Security info, of 2.9 billion people from National Public Data. | | | | Modern technology allows passengers to stay connected in places they may never have expected. | | | | McDonald's collectible cups, which dropped Tuesday, can be purchased without a Collector's Meal. All you have to do is head over to eBay or Mercari. | | | | An American Airlines flight was diverted to the Bahamas for nearly 14 hours. Frustrated passengers said they were given no compensation. | | | | From big banks to car dealerships, 2024 has been a banner year for data breaches. Here are some companies that may have exposed yours and what to do. | | | | Lauren Benton said a man followed her family onto a Delta plane even though he didn't have a boarding pass. He was removed before the flight took off. | | | | Whether it's a matter of space, budget, stock or wanting to grow your collection, we've got some alternatives to the viral 12-foot Home Depot Skelly. | | | | | | 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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