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Tuesday, 3 December 2024

The problem with renting

06:53

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Also: Seatbacks up, please ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌  ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 
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The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Tue Dec 3 2024

 

Daniel de Visé Personal Finance Reporter

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

Homeownership has long been known as a tool for lifting Americans into the middle class. Now, a new report highlights ways renting burdens many households, hindering them from financial stability and wealth creation.

The Aspen Institute report cites cash-flow concerns and challenges with savings and creditworthiness as issues for renters, Andrea Riquier reports.

Don't get too comfortable up there

Your next Southwest Airlines flight may feel subtly different.

Starting Wednesday, flight attendants will begin preparing cabins for landing at an altitude of 18,000 feet instead of the current 10,000 feet, Eve Chen reports. 

That means in-flight cabin service will end about 10 minutes earlier than it does now. Passengers will have to raise their seatbacks and stow their tray tables sooner.

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Social media is in an uproar over an Olive Garden customer who reportedly found mysterious black lettering on a breadstick.

On Nov. 16, the TikTok user shared a photo of said breadstick, adorned with the unappetizing message "O K6," written in black. 

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.

A pile of dollar bills sits on a table.

Positive cash flow is necessary for achieving financial stability and building wealth, but renters are disadvantaged compared to homeowners.

A Southwest Airlines Boeing 737 parked at the gate.
 

Southwest will end in-flight cabin service sooner

Starting next week, Southwest flight attendants will begin preparing cabins for landing at 18,000 feet instead of 10,000 feet. Here's why.

An Olive Garden storefront.
 

Olive Garden responds to video showing breadstick with letters on it

Olive Garden reached out to ask the customer for contact information. The restaurant then allegedly sent the customer a $100 gift card.

A bottle of Stoli vodka is seen in a Total Wine and More store in Northridge, California on Monday, December 2, 2024. The company that distributes the vodka and other spirits in the United States filed for bankruptcy on Wednesday, November 27, 2024.
 

Stoli Group USA files for Chapter 11 bankruptcy citing drop in demand

The American distributor of Stoli vodka, Stoli Group USA, filed for Chapter 11 Bankruptcy Wednesday. The company pointed to lower spirit demand and a long running battle with Russia as causes in filings.

Nearly two-thirds of charity organizations in Arizona expect to face net operating losses of at least 10%, and some are worried about simply surviving
 

Your finances could change in 2025. What to know

A new president, a strong economy and tons of innovation: How those and other forces might change economic, tax and financial situations in 2025.

Some Social Security beneficiaries will get an extra check in the month of November: two SSI payments and their monthly Social Security check.
 

I'm not counting on Social Security COLAs alone in retirement

A little thought and planning can go a long way, overcoming what Social Security isn't likely to do for you.

A smartphone with a displayed Intel logo is placed on a computer motherboard in this illustration taken March 6, 2023.
 

Intel CEO Pat Gelsinger resigns from company after more than 3 years

On Monday, Intel announced that its CEO Pat Gelsinger was stepping down from his post after more than three years.

Man speaking at a business meeting.
 

How to keep political civility at work

Politics is now a top driver of workplace incivility, with many workers facing poor treatment because of their views.

Cyber Monday tech deals: Save on Meta Quest, Tonies, PlayStation, Apple
 

Cyber Monday tech deals: Save up to 60% on Govee, Apple, Dyson, Kasa

Amazon's best Cyber Monday tech deals are live! Shop today's most popular discounts to save up to 60% on Govee, Kasa, Dyson, PlayStation, Apple and more.

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