ALL THE MONEY NEWS YOU NEED TO KNOW | | | |
Good morning and Happy Friday! This is Betty Lin-Fisher with Friday's consumer-focused edition of The Daily Money. |
Do you or someone you know still have traditional copper-line phone service with AT&T? Sometimes it's called "plain old telephone service," meaning, literally, just a dial tone with no bells and whistles.If so, you should know that AT&T plans to eliminate its traditional landline phone service across 20 of its 21 in its service areas by 2029, which could be a harbinger of things to come across the telecommunications industry. |
The wireless carrier has said its copper-wire infrastructure is antiquated, maintaining it is costly and better service is available through fiber and wireless broadband networks. Who stands to lose? Find out more in my story about what this means for consumers and which states are affected. | AT&T wants to eliminate traditional copper-wire landlines for most of its users by 2029. Jupiterimages, Polka Dot RF via Getty Images |
The American dream is at risk |
The American dream of buying a house – putting down roots, investing a little sweat equity and watching the nest egg steadily grow – is in peril, reports my colleague Andrea Riquier. |
The U.S. housing market is so tight that 2023 home sales were the lowest in three decades. A decade of underbuilding after the subprime crisis, stringent local zoning laws and regulations, tariffs on building materials, and many other factors have taken a toll, shrinking buyers' options. |
It's not just housing for sale that's struggling, either. Recent research confirms what many Americans have long felt: renting can be so expensive it makes saving for a downpayment and closing costs nearly impossible. |
The housing crisis threatens the American dream. Here's Andrea's look at what's next? |
📰 Consumer stories you shouldn't miss 📰 |
As the new year nears, we are featuring our favorite 2024 stories from fellow USA TODAY writers. Here's a great one from Bailey Schulz. |
More adults are deciding not to have children. Why? |
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 impact you. | | | | AT&T said it plans to eliminate traditional phone landline service in 20 of its 21 states by 2029. | | | | With prices at all-time highs and sales at 30-year lows, the American dream of homeownership may seem like a relic. | | | | FBI and homeland security officials suggest the use of encrypted texts on smartphones because texts between Apple and Android devices are not secure. | | | | Retailers are urging Americans to buy now before Trump's tariffs cause price hikes. Don't fall for it, experts say. Here are better ways to use money. | | | | During an earnings call on Wednesday, Dollar Tree CEO Michael Creedon said the chain may raise prices due to Trump's proposed tariffs. | | | | Here's how to prevent your real Christmas tree from drooping branches and dropping needles this holiday season. | | | | About 47% of U.S. adults younger than 50 without kids polled in 2023 said they were unlikely to have children, up 10% from 2018. | | | | U.S. employers added 227,000 jobs in November as the effects from hurricanes and strikes the previous month reversed. The unemployment rate was 4.2% | | | | A new survey said 69% of consumer said they would tip a retail worker. That number went up for Gen Zers. | | | | 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. | | | | | | |
0 comments:
Post a Comment