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Monday, 24 March 2025

How to prepare for a recession

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Also: Gauging the impact of federal firings ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌  ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 
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The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Mon Mar 24 2025

 

Daniel de Visé Personal Finance Reporter

Good morning! It's Daniel de Visé with your Daily Money.

If the United States is about to enter a recession, as some economists fear, it will be one of the most widely anticipated downturns in recent memory.  

Americans have had lots of time to prepare. But are we ready

GAO to investigate the impact of mass firings

Talk about a wide-ranging report.

An independent government watchdog agency will probe how President Donald Trump's mass firings of early-tenure employees affect air travel, the spread of diseases, nuclear safety, food safety, veterans' health care, the opioid epidemic, and the ability to respond to floods and wildfires.

The Government Accountability Office said it would open the investigation in response to a March 6 request from a group of 11 Democrats.

Pet ownership costs will rise

Sara Amato never thought she'd get a dog, but once she did, she went all in. Amato adopted Finn, an Australian cattle dog mix, in 2022.

She soon learned that caring for Finn is not cheap. The costs of pet care are high and getting higher.

📰 More stories you shouldn't miss 📰

Filing taxes for the first time? What to know.
Is your 'green' hotel really eco-friendly?
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Can your phone get you deported?
3 reasons not to delay Social Security

About The Daily Money

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.

FILE PHOTO: A screen displays the Dow Jones Industrial Average at market close, after Republican presidential nominee Donald Trump became U.S. president-elect, at the New York Stock Exchange, in New York City, U.S., November 6, 2024.

Americans have had a lot of time to prepare for a possible recession. Are we ready?

Consumer Financial Protection Bureau (CFPB) workers rally in Washington D.C. after the Trump administration's mass firings of CFPB workers.
 

GAO to review health and safety effects of Trump's mass firings

The Government Accountability Office's decision came at the request of Democratic lawmakers led by Sen. Elizabeth Warren.

Sara Amato fell in love with Finn, her Australian Cattle Dog mix rescue dog, and his ears when she first saw him as an 8-week old puppy.
 

The costs to own a dog or cat are about to get more expensive

Dogs and cats aren't cheap. The pet industry is big business.

A 1040 tax form is pictured, the 2025 tax deadline is set to be on April 15, 2025.
 

What Gen Z needs to know when filing taxes for the first time

No matter how anxiety-inducing the process may be, the April 15 deadline for filing federal tax returns is approaching.

This photo taken on October 13, 2024 shows tourists looking at elephants at the Elephant Conservation Center (ECC) in Sainyabuli province in Laos. Once abundant in the forests of Laos, Asian elephants have been decimated by habitat destruction, gruelling labour in the logging industry, poaching and scarce breeding opportunities.
 

Is your 'eco-friendly' hotel really green—or just good at marketing?

The travel industry doesn't make it easy to decipher greenwashing from real sustainability efforts. Here's how travelers can figure it out.

American Federation of Government Employees' National President Everett Kelley speaks out against recent firings of federal workers outside the John D. Dingell Department of Veterans Affairs Medical Center Friday, February 28, 2025.
 

Federal jobs a gateway to prosperity for Black workers, then came DOGE

As the nation's largest single employer, the federal government has been welcoming to Black workers than the private sector.

FILE PHOTO: The Wall Street entrance to the New York Stock Exchange (NYSE) is seen in New York City, U.S., November 15, 2022. REUTERS/Brendan McDermid/File Photo
 

US stock futures jump after reports that Trump will narrow tariffs

U.S. stock index futures are pointing to a higher opening after reports that Trump will narrow the scope of tariffs he plans to impose on April 2.

A person at a laptop is holding a pair of glasses.
 

Should you delay Social Security benefits? Here are 3 reasons to not

Here are three reasons to delay your Social Security for maximum benefits.

A U.S. Customs and Border Protection officer instructs an international traveler to look into a camera as he uses facial recognition technology to screen a traveler entering the United States on February 27, 2018 at Miami International Airport in Miami, Florida.
 

Can your phone get you deported? New scrutiny at US borders raises alarm

A growing number of legal U.S. residents and visa holders are being detained or deported after border agents inspect their phones and social media.

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