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Thursday, 5 December 2024

Searching for clues in CEO slaying

07:15

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Also: Fed chief talks interest rates ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌  ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 
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The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Thu Dec 5 2024

 

Daniel de Visé Personal Finance Reporter

Good morning! It's Daniel de Visé with your Daily Money.

Police in New York City were still searching Thursday morning for the person who shot and killed Brian Thompson, the CEO of UnitedHealthcare, in a "targeted attack" outside a hotel where the company was hosting an investor conference.

Everyone in the U.S. probably knows about the shooting by now. No one seems to know the motive. But there's been talk of threats and ominous etchings on shell casings.

Fed chief talks interest rates, tariffs

Federal Reserve Chair Jerome Powell says the central bank will decide whether to cut interest rates this month without regard to the economic policies of President-elect Donald Trump: specifically, his plans to raise tariffs and restrict immigration, moves that could increase inflation.

Trump has vowed to impose 25% levies on all imports from Canada and Mexico and 10% fees on China to prod the countries to restrain unauthorized immigration and the flow of illegal drugs into the U.S., Paul Davidson reports.

Powell's remarks Wednesday gave hints about how the Fed might act at its December meeting.

📰 More stories you shouldn't miss 📰

Backgrounder on UnitedHealthcare
Airlines may have to pay you for canceled flights
Mom sues over "Wicked" porn link
Target's "hot Santa" fires Internet
Average 401(k) balances may surprise you

📰 A great read 📰

As the new year nears, we're featuring our favorite 2024 stories from fellow USA TODAY writers. Here's a great one from Zach Wichter , over in Travel.

Lauren Benton said something seemed wrong the moment she left the Transportation Security Administration checkpoint on the way to her flight. 

She and her husband and their two kids, 9 and 6, were flying home to Georgia on Delta Air Lines from Washington Dulles International Airport on Aug. 2. Benton said a man who was near her family at the checkpoint started following them to their gate. At one point, she said, the man even went into the women's restroom while Benton was there with her daughter. 

About The Daily Money

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.

Police cover evidence with paper cups at the scene where UnitedHealthcare CEO Brian Thompson was reportedly shot on Dec. 4, 2024 in New York.

Police in New York City continued gathering evidence as they searched for the gunman who shot and killed UnitedHealthcare CEO Brian Thompson.

FILE PHOTO: U.S. Federal Reserve Chair Jerome Powell speaks during a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S., November 7, 2024. REUTERS/Annabelle Gordon/File Photo
 

Powell says Trump's tariff threats won't affect interest rate decision

Fed chief Jerome Powell said President-elect Donald Trump's tariff threats won't affect an interest rate decision this month.

Passengers walk through a crowded terminal at Dulles International airport in Dulles, Va. on Dec. 27, 2020 amid the Coronavirus pandemic. Top U.S. government scientist Anthony Fauci warned today the worst of the pandemic may be yet to come, driving the country to a "critical point" as holiday travel spreads the coronavirus.
 

'My heart sunk': Traveler describes being followed onto a plane

Lauren Benton said a man followed her family onto a Delta plane even though he didn't have a boarding pass. He was removed before the flight took off.

A rotery telephone sits on a bookcase between the kitchen and dining area in the Medgar and Myrlie Evers Home National Monument, Friday, July 5, 2024.
 

AT&T plans to cut most service to landlines. Do people still use them?

AT&T said it plans to eliminate traditional phone landline service in 20 of its 21 states by 2029.

The logo of UnitedHealthcare is shown in Cypress, California on April 13, 2016.
 

What is UnitedHealthcare? Company's CEO fatally shot in Manhattan

UnitedHealthcare CEO Brian Thompson was fatally shot in midtown Manhattan on Wednesday morning. Police are still searching for the suspect.

Brent Bailey as Target's new "weirdly hot" Santa Claus.
 

Target's 'hot' Santa is heating up the internet

We are "suddenly in the Christmas spirit" thanks to Target's "weirdly hot" Santa and employee Kris K., played by actor Brent Bailey.

The Department of Transportation is considering a requirement for airlines to provide cash compensation to passengers whose flights are canceled or significantly delayed.
 

Airlines may soon be required to pay you if your flight is canceled

The Department of Transportation proposed a new rule that would require airlines to pay passengers when their flight gets canceled.

Two people standing outside and smiling.
 

The average 401(k) balance for ages 55 to 64 may surprise you

The average worker expects to need around $1.8 million to retire comfortably, a 2024 survey from Charles Schwab found, yet most are not on track.

An "Elphaba" doll from the movie "Wicked" was one of several released by Mattel Corp with an incorrect URL on the packaging which leads to an adult website. This one was seen in a Target store in Sanford Sunday, Nov. 10, 2024.
 

Mother sues Mattel over pornographic link misprinted on 'Wicked' doll box

A South Carolina mother is suing Mattel after purchasing a Glinda "Wicked" doll that featured a link to a pornographic website.

USA TODAY
 

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