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Thursday, 24 April 2025

Has Trump mishandled the economy?

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Also: Ad campaign touts made-in-America autos ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌  ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 
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The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Thu Apr 24 2025

 

Daniel de Visé Personal Finance Reporter

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

Most Americans now express little or no confidence in how President Donald Trump  is handling the economy, a Pew Research Center survey shows, a vulnerability in an area that has long been a source of his political strength.

The findings from Pew, a respected brand in the opinion polling space, underscore the challenges for the president as he pursues  sweeping and fundamental change.

Ad campaign touts made-in-America vehicles

In what some industry experts see as a Hail Mary ahead of May 3, the day President Donald Trump is expected to implement 25% tariffs on auto part imports, Ford Motor Co. and Stellantis have taken to running ad campaigns to tout their American manufacturing might.

Industry experts view the ads as an effort to influence Trump to exempt auto parts from those tariffs.

Is college worth it? Economists weigh in.

A college graduate earns $32,000 more in a year than a worker with only a high school diploma, according to a new report from Federal Reserve economists. 

The payoff on a college degree stands near its all-time high, the economists report in an April 16 post from the Federal Reserve Bank of New York. If you think of college as an investment, the return on that investment has held steady over the last three decades at 12% to 13% a year. 

The report comes at a moment of crisis for America's colleges and universities.

📰 More stories you shouldn't miss 📰

Stock futures slip again
Tesla's reputation hits bottom
Is a new Trader Joe's coming near you?
Tariffs take a bite out of Apple
The average Social Security benefit at 70

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: U.S. President Donald Trump speaks to members of the media onboard Air Force One, on a flight to Joint Base Andrews in Maryland, U.S. April 13, 2025. REUTERS/Nathan Howard/File Photo

Most Americans now express opposition to Trump's tariffs and little confidence in his economic leadership, a shift since the election.

A Ford truck sits for sale under an American flag at a dealership lot in Encinitas, California, July 25, 2011.
 

Ford, Stellantis go all-in on patriotic ad blitz to influence Trump

Experts say ads touting American heritage are a smart tactic as the date to start tariffs on parts nears.

Graduates celebrate their college during the University of Florida graduation at Ben Hill Griffin Stadium in Gainesville, FL on Friday, May 3, 2024.
 

Is college worth it? Ooh, yeah, Fed economists say.

The payoff on a college degree stands near its all-time high, according to a new report from the New York Fed.

A broken window is seen while people protest outside of a Tesla store during a National Day of Tesla Protest in New York City, U.S., March 1, 2025. REUTERS/Eduardo Munoz
 

Backlash, protests and public fury: Tesla's reputation hits rock bottom

The automaker is under attack as bad actors vandalize EVs and protestors peacefully express frustrations. Are the cars to blame or the company's CEO?

The Trader Joe's logo is displayed at a Trader Joe's store on September 16, 2024 in Glendale, California.
 

Trader Joe's is opening 21 new stores. Is a store opening near you?

Trader Joe's told USA TODAY it is soon opening 21 new stores and has already opened two new stores this year. Here's what to know.

A person in a cowboy hat is resting his arm on a fence, looking into the distance.
 

This is the average Social Security benefit for age 70

Per the Schroders 2024 U.S. Retirement Survey, 43% of pre-retirees plan to start Social Security before age 67, and only 10% plan to wait until 70.

Apple iPhone 16 are on display during the launch September 20, 2024, at the Apple Store in New York . The Trump administration has exempted smartphones, computers and other electronics from its punishing "reciprocal" tariffs on April, 11, 2025.
 

Tariffs will take a bite out of Apple. Should investors buy or sell?

The administration is currently exempting electronic devices from tariffs on Chinese imports. That means Apple's business is spared, at least for now.

Forever 21's Times Square location hosts a closeout sale, after the U.S. operating company filed for bankruptcy for the second time in six years, in New York City, U.S., March 18, 2025.
 

Recession red alert: Is the economy headed for collapse? See the signs

Trump's tariff policy could push the nation into a recession, with rising unemployment, bankruptcies and more. These warning signs bear watching.

.
 

Looking for a financial adviser? We rank the top firms of 2025

Feeling uneasy about the economy and your investments? A financial adviser may be able to help. USA TODAY and Statista ranked the best.

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