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. |
Don't panic, but Christmas is only 5½ weeks away. Hanukkah this year also falls on Dec. 25 and Kwaanza starts on Dec. 26. |
So where are you with your holiday shopping? |
Are you among the 48% who told Bankrate you were starting before Halloween? Or the 58% who, according to the latest National Retail Federation Survey, started as of early November? |
If you haven't started, that's OK. |
The National Retail Federation says a record 183.4 million people are planning to shop in stores and online during the five-day period from Thanksgiving through Cyber Monday. That's up from a record 182 million shoppers in 2023, and 18.1 million more people than five years ago. | Black Friday deals are already in swing at many retailers. Leon Neal, Getty Images |
Potential credit relief for medical debts |
Medical debt, even for consumers who have health insurance, can be financially debilitating. |
Medical bills accounted for 58% of debt collection on consumers' credit records, according to a 2022 report from the Consumer Financial Protection Bureau. Medical collection appeared on more than 43 million credit reports for consumers, according to the CFPB. |
📰 Consumer stories you shouldn't miss 📰 |
McDonald's newest Happy Meal comes with two toys to encourage kids to share. The new Pet Simulator Happy Meal, available Nov. 26, will come with a toy for your child and a gift-wrapped toy to give to a friend. |
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 record number of shoppers this year are expected to buy gifts over Thanksgiving weekend than previous years, according to a new survey. | | | | Black Friday seems to be more of a "Black November" as deals start early at major retailers like Walmart, Target and Amazon. Here's what to know. | | | | The Consumer Financial Protection Bureau wants to eliminate all medical debt from credit reports. Will President-elect Trump allow it? | | | | Life can be stressful! Here are some easy tech solutions to help you take a moment for yourself. | | | | Voters blamed the Biden/Harris administration for inflation. Was that fair? We asked economists to weigh in. | | | | Social media platform Bluesky has seen a boom in new accounts since Election Day. Here's what to know. | | | | Everything you never wanted to know about why airplane bathrooms are annoying. | | | | A new holiday-themed Happy Meal is coming to McDonald's menu on Nov. 26. Each comes with two Pet Simulator toys, one to play with and another to gift. | | | | Scammers are looking for ways to steal your personal data. From relationship status to vacations, here's what you should not post online. | | | | 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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