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. |
When is the last time you pulled out cash to pay for a purchase? Or what about your checkbook? Do you mostly rely on your credit or debit cards or maybe Apple Pay or other digital forms of payment? |
Paul Dickson of Kensington, Maryland, said he feels like he is transitioning between two worlds – businesses that won't accept cash or checks – and businesses that are charging a premium to shoppers who want to pay with credit card. |
Are we heading toward a cashless or checkless future? Is it even legal for a business to refuse to accept cash? | Is cash still king? PATRICK T. FALLON, AFP via Getty Images |
Did your portion size shrink? |
Are we in Alice in Wonderland or are product sizes getting smaller? |
"Shrinkflation" – the practice of putting less product in a package – has been around for decades, but it has captured the public imagination this year, Daniel de Visé reports. |
President Joe Biden said he'd "had enough" of shrinkflation in a February Super Bowl ad. Cookie Monster, the Muppet, went viral in March with a tweet that proclaimed, "Me hate shrinkflation!" And Biden echoed those sentiments, with better grammar, in his State of the Union address. |
📰 Consumer stories you shouldn't miss 📰 |
It's not quite no shirt, no service, but a North Carolina restaurant is bringing new meaning to a dress code for service. The restaurant is getting backlash after a posting about a dress code. No skimpy clothes? OK. No shorts and no white T-shirts? There are actually eight things on their "no" list. |
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. | | | | More businesses are becoming cashless and not accepting checks. What's the downside for consumers? | | | | Putting less food in a grocery-store jar or box is not new, but American consumers are paying closer attention. | | | | Half of a Monrovia, California home is on sale for $499,999 four months after it was hit by a 'gigantic' stone pine tree. | | | | Red Lobster is exiting Chapter 11 bankruptcy following a Florida judge's decision to OK the chain's plan to rebound from financial issues and closures. | | | | Millions of student loan borrowers didn't have to worry for the past year about late or missed payments hurting credit scores. That will change soon. | | | | Travelers flying through the European country may want to brace themselves for disruptions. | | | | Both candidates for president have ideas on how to solve the housing crisis. Will either deliver? | | | | Napili Coast State Park is one of Kauai's most popular attractions, and its Kalalau Trail is closed due to a potential norovirus outbreak. | | | | The masses are weighing in on Kim's Kafe's dress code, with some comparing it to 'The Handmaid's Tale' and one person saying: 'I done got kicked out before I even got there.' | | | | Our app gives you award-winning coverage, crosswords, audio storytelling, eNewspaper and more. | | | | | | | 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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