ALL THE MONEY NEWS YOU NEED TO KNOW | | | |
Good morning and welcome to a new week! This is Betty Lin-Fisher with The Daily Money. |
Spirit Airlines filed for bankruptcy protection today after the pioneer of no-frills travel in the U.S. struggled with a long run of quarterly losses, failed merger attempts and looming debt maturities. |
Spirit's troubles deepened after the collapse of its $3.8 billion planned merger with JetBlue Airways in January and the impact of a snag with a manufacturer's engine that grounded many of Spirit's aircraft, according to my colleague, Zach Wichter. | Spirit Airlines has filed for bankrupcty protection. Jeremy Dwyer-Lindgren for USA TODAY |
How will Trump tariffs affect U.S. manufacturers? |
President-elect Donald Trump has promised a "manufacturing renaissance" upon his return to the White House, pledging tariffs to bolster companies that make products within the U.S. |
The idea is to drive up the price of imported goods to make American-made products more appealing, according to my colleague, Bailey Schulz. |
📰 Consumer stories you shouldn't miss 📰 |
Does Kraft Mac & Cheese really have "no artificial flavors, preservatives, or dyes," as it says on its packaging? The manufacturer has to head to federal court to face disgruntled consumers as part of a proposed nationwide class action lawsuit. Plaintiffs allege the manufacturer has lied about its product's ingredients. |
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. | | | | What travelers need to know and should expect in the wake of Spirit Airlines' bankruptcy filing. | | | | Expanded tariffs could protect some manufacturers from foreign competition, but economists warn that they would also drive up inflation. | | | | A new study finds extensive fraud on consumer bank accounts. And banks, it turns out, are the heroes here. We'll help you protect your passwords. | | | | Trump's "trifecta win" ensures Americans will continue enjoyng low taxes. Low taxes should lift stocks and economic growth for now, experts say. | | | | Even if you keep your current Medicare Part D plan, you may need to pay more for it next year. | | | | This year, Thanksgiving travel for both driving and flying is expected to break record numbers. Here's when travelers should fly or drive. | | | | With a Sam's Club Plus or Club membership, you can access the warehouse retailer's Black Friday and Cyber Monday deals. | | | | Kraft Heinz will have to go to court after a federal judge did not dismiss a class action lawsuit alleging the company lied about its Mac & Cheese. | | | | Cash App users have just a few hours to cash in on a $15 million settlement. Users can claim up to $2,500 if their account was affected. | | | | 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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