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. |
When it comes to retirement savings, expectations differ across generations. |
Boomers feel unprepared, while Gen Xers worry they're behind schedule and millennials are feeling the squeeze. Meanwhile, Gen Z has been described as a generation of savers "ahead of their time." |
But one thing every generation has in common? Retirement savings stress. USA TODAY spoke to nine savers ages 19 to 65 to get a sense of retirement strategies across generations. Here are their stories. |
What to do if the bank wants your CD back |
The days of earning 5% or more on certificates of deposit (CDs) are coming to an end. But for some of us, they could be ending even sooner. |
"Callable" CDs give banks and brokerage firms the right to redeem a CD before the maturity date, Medora Lee reports. They're more likely to call CDs when interest rates are falling. And rates are falling now. |
Isn't Las Vegas too hot for sports? |
Las Vegas is leaning into sports. |
There's a shiny new NFL stadium, which in February hosted the Super Bowl. There are annual Formula 1 races across the Strip, UFC fights in the Las Vegas Sphere, and arenas hosting NHL and WNBA teams. |
All told, Las Vegas has added three major league sports teams in the past decade, two of which are recent champions, Bailey Schulz reports. And with the Tropicana implosion planned for early Wednesday, the city plans to add Major League Baseball to the mix with a new ballpark for the Athletics, formerly of Oakland, California. |
📰 More stories you shouldn't miss 📰 |
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. | | | | USA TODAY spoke to nine savers between the ages of 19 to 65 to get a sense of retirement strategies across generations. | | | | With interest rates dropping, experts expect more financial institutions to start calling back high yielding CDs. What that means and what you can do. | | | | Las Vegas has been focused on expanding its sports offerings amid a push to become the "sports capital of the world." | | | | In different states, being in the top 1% can mean very different things. | | | | On average, Social Security's 2025 COLA will be largest for retired workers at age 70. | | | | Climate change, surging home prices, and other factors are pressuring homeowners' variable costs higher and higher. | | | | The Department of Transportation requires airlines to offer refunds for flight cancellations, but not delays. | | | | The FTC announced it is issuing $88,000 in refunds to those who bought measuring cups made in China despite being advertised as "Made in USA." | | | | Amazon's Prime Big Deal Days sale is here! Shop today's most popular October Prime Day deals to save up to 85% on Apple, Callaway, Crest, Garmin and more. | | | | 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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