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. |
President-elect Donald Trump has publicly called the state of the country and its economy a "disaster" and a "total mess." But in a private meeting, the president-elect complimented President Joe Biden's economic policies, at least according to Biden. |
"He was very complimentary about some of the economic things I had done," Biden said in a 55-minute interview with USA TODAY. "And he talked about − he thought I was leaving with a good record." |
Is $1m the new retirement benchmark? |
Retirement in America now costs $1 million or more in 15 states, according to a new analysis. |
The cheapest retirement state in 2025 is West Virginia, where you'll need an estimated $712,913 in savings, and an annual budget of $50,954, to retire in comfort, according to new data released this week by GOBankingRates, the personal finance site. |
📰 More stories you shouldn't miss 📰 |
Finally, here's a popular story from 2024 that you may have missed. Read it! Share it! |
What Uneaka Daniels experienced the last couple of times she was in the United States was enough to stop her from coming back. |
Bermuda-born and raised, Daniels was in Atlanta in 2019 and decided to get her hair done. On her way to the salon, she stopped a man to ask for directions. Suddenly, everyone ducked. It was a drive-by shooting. |
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. | | | | High prices were a top concern among voters in the 2024 presidential election – and they were a driving force as to why Donald Trump won. | | | | The million-dollar retirement states include Arizona, California and (of course) Hawaii. | | | | Travel to the U.S. has yet to rebound after the pandemic due to a few reasons, one being safety and growing concerns about gun violence. | | | | Stocks were mostly lower on Tuesday as economic reports pointed to a frothier economy and bonds sold off. | | | | You'll have the best chance of staying comfortable in retirement if you have other sources of income to supplement your Social Security benefits. | | | | Getty Images and Shutterstock announced that the companies will merge and create a $3.7 billion 'premier visual content company.' | | | | The National Highway Traffic Safety Administration announced it is investigating nearly 2.6 million Tesla vehicles over a remote driving feature. | | | | As we step into 2025, you may be setting financial goals. While you're at it, you should also keep tabs on the Social Security changes this year. | | | | The Biden Administration announced an initiative Tuesday to remove an estimated $49 billion in medical debt from credit reports. | | | | 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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