ALL THE MONEY NEWS YOU NEED TO KNOW | | | | | | Daniel de Visé | Personal Finance Reporter
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Good morning! It's Daniel de Visé with your Daily Money. |
A surprising number of workers without high school diplomas are keeping the U.S. economy humming. |
The share of people without a high school degree who are in the workforce, meaning that they're working or looking for jobs, hit a record high in July, capping an 18-month surge by that group into America's job market, Paul Davidson reports. |
Amazon expands 'Just Walk Out' |
More NFL football fans and college students will be able to grab what they need and walk out of new Amazon Just Walk Out stores opening this fall, Betty Lin-Fisher reports. |
Fourteen artificial intelligence-powered Just Walk Out stores will be opening this week as NFL teams host their season openers. Additionally, more colleges are using Just Walk Out technology on campus, bringing the total to more than 30 university stores with the technology worldwide. |
'Me' generation balks at Great Wealth Transfer |
If you're expecting a life-changing windfall when your boomer parents die, take heed: Only one fifth of the "Me" generation expects to leave an inheritance. |
A new study from Northwestern Mutual, the financial services company, finds a yawning gap between how many young Americans expect to reap an inheritance and how many older Americans plan to leave one. |
Many young adults are pinning their hopes on the Great Wealth Transfer, a generational exchange of riches that could pass $90 trillion from boomers to their heirs over the next 20 years. |
But many boomers have other plans. |
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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. | | | | A record share of people who lack a high school diploma are in the workforce. That's helping solve labor shortages but pushing up unemployment rate | | | | Amazon's Just Walk Out technology is available at more locations as new stores open in NFL stadiums and college campuses. | | | | An "inheritance gap" separates boomer parents from their Gen-Z children. Young adults may be overestimating their chances to inherit. | | | | Midway through Joe Biden's presidency, 3.3 million more U.S. residents had health insurance than did so in 2019, according to new analysis. | | | | If you're curious as to how your Social Security benefit stacks up, we've got an answer. | | | | Changing prices of common grocery store items provides insight into how food inflation has changed in different states and metro areas. | | | | Forget streaming, Amazon and big box stores. Independent bookstores are thriving. Many credit their communities for helping them compete. | | | | Social Security benefits vary depending on if you retire at 62. 67 or 70. Having an idea how much can help you decide when it makes sense to claim. | | | | Costco announced the increase in membership costs in July, noting that annual membership fees would increase from $60 to $65 for many in US, Canada. | | | | 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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