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Friday, 20 September 2024

How the Fed cut affects consumers

07:45

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Plus: Hey, dude, let me see your grades. ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌  ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 
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The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Fri Sep 20 2024

 

Betty Lin-Fisher Consumer reporter

@blinfisher

Good morning and Happy Friday! This is Betty Lin-Fisher with Friday's consumer-focused The Daily Money.

With the Federal Reserve cutting interest rates by half a point on Wednesday, what impact will that have on consumers' lives?

Andrea Riquier, USA TODAY's housing reporter, takes a look at how lower mortgage rates will help the housing market.

For those of you with international travel plans, USA TODAY's travel reporter Zach Wichter explores how the Fed rate cut will affect the U.S. dollar and exchange rates.

Syndication The Providence Journal

House for sale sign in East Providence.

Kris Craig/The Providence Journal, Kris Craig/The Providence Journal / USA TODAY NETWORK

Should parents have a right to ask for college grades?

I previewed my latest story in my Uncomfortable Conversations About Money series in last Friday's newsletter. Here's a link to the story, which published online a few days later.

Parents often foot the bill for college. So should they be able to ask their college student to see grades? You might be surprised at what the law says.

Here are some of the topics I'm working on next. If you have faced one of these uncomfortable money issues and would be willing to talk to me about it, or if you are an expert who can dole out some advice on these issues, I'd love to hear from you. Send me an email to blinfisher@usatoday.com with "Uncomfortable Conversations About Money" in the topic line.

Also, if you have a topic you'd like to suggest, I'd be happy to consider it and add it to my list!

📰 Consumer stories you shouldn't miss 📰

Big brands want to redefine what counts as recyclable, ProPublica reports.
Be careful of a new QR code scam when you pay to park.
Most people can now renew their passport online.
Walmart announced the dates of its Holiday Deals event.
In the market for a used car? Here's some of the best brands.

🍔 Today's Menu 🍔

I love a good peanut butter and jelly sandwich – with Fritos in the middle, of course. But I'm not sure about M&M's newest candy flavor. We don't all have to agree!

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.

A man and woman hugging in the living room of their new house surrounded by moving boxes standing next to their realtor.

Lower borrowing costs will benefit the entire housing market, not just those applying for a mortgage right now.

A person counting a stack of one hundred dollar bills in their hands.
 

What the interest rate cut means for the dollar exchange rate

What the Federal Reserve's rate cut means for Americans' purchasing power abroad.

Should parents be allowed to see their college kids' grades?
 

Uncomfortable Conversations: Can parents ask to see college grades?

Does it matter whether the parent foots the tuition bill? What's the law say?

A parking meter displays stickers for the ParkMobile app QR code and paybyphone mobile payment application on August 28, 2024 in Redondo Beach, California. The City of Redondo Beach Police Department announced on August 24 that fraudulent QR codes were discovered on approximately 150 parking meters, placed by suspected criminals in order to redirect people to a fraudulent website in order to gather location and financial data.
 

Scam alert: Beware of fake QR codes when you pay to park

Scammers are targeting how you pay at parking meters with fake QR codes. The Better Business Bureau shares how you can protect yourself.

U.S. passports on a map of the world.
 

More Americans can now renew their passports online, Here's how.

Renewing your passport has never been easier, but it's not for everybody.

Black Friday deals are on display Thursday, Nov. 16, 2023, at the Walton Street Walmart in Rockford.
 

Walmart announces Holiday Deals dates to be held in October

Walmart's Holiday Deals dates will coincide with – and run longer than – Amazon's Prime Big Deal Days.

2016 Honda Fit front three quarter in motion 13
 

What are the best used cars under $10K right now? You may be surprised

There are still good options if you're looking for a small car under the five-figure mark.

Apple's iPhone 16 comes in new colors and features AI -- Apple Intelligence
 

Apple releases iOS 18 update for iPhone: A look at the top features

Redesigns, customizations, but no Apple Intelligence yet. Here's what to know about the latest software update for iPhone.

Peanut butter & jelly M&M's. The new flavor was announced on Sept. 19, 2024.
 

Peanut butter & jelly, anyone? M&M's releasing new flavor in December.

Peanut butter and jelly M&Ms, the first new flavor innovation since 2022, will be made of berry-flavored chocolate snacks with a peanut butter center.

USA TODAY
 

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