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. |
Homes, the most expensive item most Americans ever buy, are about to get even pricier if the Trump administration's proposed tariffs take effect. |
An analysis from John Burns Research and Consulting, which focuses on the housing industry, estimates the cost of a newly constructed home will increase by nearly 5% if the White House's proposed tariffs are implemented, Andrea Riquier reports. That's about $21,000 on the median-priced new home. |
Google joins anti-DEI wave |
Google is the latest big firm to retreat from DEI. The company has slashed hiring targets it said were intended to increase the number of employees from historically underrepresented groups. |
Are younger retirees too dependent on Social Security? |
The decline of pensions as a source of retirement income leaves newly minted retirees in a precarious position: They are potentially more dependent on Social Security to make ends meet. |
New research from an employee benefit nonprofit seems to provide a stark illustration of that trend. |
The Employee Benefit Research Institute, or EBRI, surveyed 3,600 retirees in 2024 about their spending. The survey found younger retirees were much more reliant on Social Security than older ones. Here are the numbers. |
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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. | | | | New home construction will be meaningfully more expensive if tariffs take effect. | | | | Google said it was reviewing President Trump's executive orders aimed at reversing DEI in the federal government and among federal contractors. | | | | The decline of pensions leaves newly minted retirees in a precarious position: They are more dependent on Social Security to make ends meet. | | | | Negotiations between Nissan and Honda are reportedly shaky after the two Japanese automakers previously announced they would merge by 2026. | | | | It may not be easy, but it certainly doesn't have to be complicated. | | | | The US Postal Service halted packages from China and Hong Kong. It reversed the decision, but Temu and Shein shoppers could be impacted by de minimis. | | | | US stocks reverse early losses to end higher on Wednesday despite Alphabet's drop. Investors shift to other firms with strong outlooks. Nvidia gains. | | | | This should be a banner year for taxpayers seeking free tax-preparation. But one key IRS program is under fire. | | | | Here are the top 100 tax and top 100 accounting firms for your finances from a USA TODAY/Statista survey of professionals and clients. | | | | 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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