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. |
Americans' deep-seated frustration with inflation propelled Donald Trump to victory in the presidential race this month. |
But will Trump's policies ease inflation? Or could they make it worse? |
Do rich folks shop at Walmart? |
Walmart may have started out as a retailer geared to budget-sensitive consumers, but its customer base is continuing to grow, thanks to more affluent shoppers. |
The retailer saw share gains in new shoppers across income levels, a trend mainly led by upper-income households, which make more than $100,000 in annual income, Betty Lin-Fisher reports. |
A pre-owned holiday gift? |
Consumer sentiment about gifting secondhand or pre-owned items has been changing, especially when it comes to holiday shopping, Betty Lin-Fisher reports. |
A new study found that 59% of people will check for the pre-owned version of a product while doing online shopping first. And the younger generation is leading the charge. |
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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. | | | | Inflation has been slowing, but prices are still high under President Biden. Will Trump get prices to come down? | | | | The retailer said it saw gains in new shoppers across income levels, led by upper-income households. | | | | The stigma of buying secondhand or receiving pre-owned items as holiday gifts is diminishing, especially among younger consumers. | | | | Costco has become a tentpole in American retail. Here's what to know about membership at the warehouse giant. | | | | Public sector workers are anxiously waiting to see if the Senate will vote to finally eliminate provisions that cut their Social Security benefits. | | | | Super Cinnamon Powder is being voluntarily recalled for elevated lead levels by IHA Beverage, the FDA alert said. | | | | Walmart is already kicking off its Black Friday deals amid a shorter-than-usual holiday shopping season. The retailer expects higher sales this year. | | | | You don't need multiple ovens to make a Thanksgiving meal. Here are some tips on how to make it work. | | | | President-elect Trump promised a slew of tax breaks for the middle class. Can he keep those promises and if so, at what cost? Experts weigh in. | | | | 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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