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. |
Consumers are rallying to speak through their wallets – or lack of spending – as a way to protest the retreat by some companies from DEI initiatives and President Trump's actions to eliminate federal DEI programs since taking office, Betty Lin-Fisher reports. |
They are calling on each other to boycott specific retailers and, for one day later this month, to refrain from spending any money at all . |
Health companies profit as consumers pay more |
Consumers have grown accustomed to rising prices and red tape when filing a health insurance claim or filling a prescription. But for investors, Ken Alltucker reports, health care has proven to be a lucrative industry to grow their returns. |
Payouts to shareholders of large publicly traded health companies more than tripled over the past two decades, new research shows. Here are the details . |
Why do consumers still feel inflation's sting? |
By most accounts, wages have risen faster than inflation in the 2020s. Yet, for many Americans, it doesn't feel that way. |
A closely watched Index of Consumer Sentiment, published by the University of Michigan, fell to 67.8 in February, its lowest mark since last summer. |
All this consumer ennui comes at a time when inflation is not actually that high. Prices increased by 3% in the 12 months through January. |
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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. | | | | A growing number of organizations and activists are calling on consumers to boycott retailers. We explain why. | | | | Payouts to shareholders of large publicly traded health companies more than tripled over the past two decades, new research shows | | | | Wages have risen fast enough to overcome inflation in recent years. Even so, consumers are still vibing economic ennui. | | | | Yearly inflation accelerated as food and energy costs increased, according to the CPI report. | | | | Kroger, CVS, and Kohl's are among the 350 companies with the best loyalty and rewards programs, according to new research from USA TODAY and Plant-A. | | | | Duo the Owl was known for his silly antics, reminding Duolingo users to complete their daily lessons. He debuted with the app in 2011. | | | | One crypto that absorbed less of a hit than other cryptocurrencies was Bitcoin. | | | | Meta, the parent company of Facebook, will conduct 'performance terminations' this week and cut roughly 5% of its staff. | | | | The Fed faces complex decisions as it decides how quickly to cut rates or whether to raise them amid Trump's tariffs and immigration crackdown. | | | | 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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