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. Today, the latest from the IRS. |
The Internal Revenue Service is facing all sorts of upheaval, including job losses, this tax season. But so far, early tax filers are seeing a steady stream of tax refunds hitting their bank accounts and mailboxes, Susan Tompor reports. |
The tax agency ordered most of its approximately 20,000 customer service employees back to the office this week, ending a long era of hybrid and remote work, right in the middle of tax season. |
Inflation eased more than expected in February, Paul Davidson reports, but the reprieve probably will be short-lived. |
Used car prices rose. Gasoline costs fell. Grocery prices were flat, after a flurry of increases, and rent increases slowed to a new three-year low. |
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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. | | | | The IRS has issued more than 29.6 million individual income tax refunds through Feb. 21, up 2.3% from a year ago. | | | | The Internal Revenue Service ordered customer service employees back to the office. There was just one problem: not enough desks. | | | | Inflation eased more than expected in February, according to the consumer price index. Trump's tariffs are likely to propel prices higher. | | | | An AAA report found the cost to own and operate a new vehicle in 2024 was a little over $1,000 per month, up $115 from the year prior. | | | | If you're holding out for an inheritance, we have some bad news. | | | | The word "recession" has an actual definition worth knowing as Americans feel economic uncertainty. | | | | Social Security currently has nine years until its funds are depleted. In 2035, its projected income would only cover about 83% of scheduled benefits. | | | | Donald Trump ratcheted up tariff threats against U.S. trading partners this week, including sweeping fees on imported steel and aluminum. | | | | Canada and the European Union swiftly unveil retaliatory levies against the U.S., hours after Trump's sweeping tariffs on steel and aluminum. | | | | 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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