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. |
Mortgage interest rates slipped lower over the past week, coming in at the lowest levels of 2025. But they still remain high, my colleague Andrea Riquier reports. | New homes for sale in the Six Creeks neighborhood in Kyle, Texas on January 22, 2025. Jay Janner/American-Statesman / USA TODAY NETWORK via Imagn Images |
Should workers' tips be taxed? |
President Donald Trump has reiterated his pledge to end taxes on tips for workers, saying he will work with Congress to get a bill on his desk in the coming weeks. |
Economist and policy experts, though, call the idea unfair, costly and inconsequential to most lower-income Americans. |
📰 Consumer stories you shouldn't miss 📰 |
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. | | | | Mortgage rates slipped fractionally in the most recent week, but get used to higher for longer. | | | | At a rally this month in Las Vegas, President Donald Trump pledged to work with Congress to end taxes on tips. | | | | The Treasury Department agreed not to give Elon Musk's DOGE access to its payment systems during argument on a suit alleging it was an illegal search. | | | | Don't spend a lot of money hosting a tailgate party. These simple tips can help you stay in budget. | | | | Following a deadly mid-air collision near Washington Reagan National Airport, the FAA is reducing hourly flight arrivals to improve safety. | | | | The settlement ended litigation when a class-action antitrust lawsuit was filed against more than 35 Blue Cross Blue Shield health insurance plans. | | | | Cracker Barrel won't charge extra for eggs in the midst of a national shortage due to bird flu, unlike its rival Waffle House. | | | | Super Bowl 59 ticket prices are well below last year's. That's just one sign of declining interest in Sunday's game in New Orleans. | | | | Stellantis returns to Super Bowl advertising with spots for Jeep and Ram. The company says it is the only automaker with ads in this year's game. | | | | 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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