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Wednesday, 9 April 2025

Shoppers boycott Walmart over DEI

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The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Wed Apr 9 2025

 

Daniel de Visé Personal Finance Reporter

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

A boycott against Walmart and its affiliated stores is underway this week as some consumers protest what they call corporate greed, targeting companies that have rolled back their diversity, equity and inclusion efforts under President Donald Trump.

The boycott was organized by The People's Union, the same grass-roots group that coordinated the one-day economic consumer blackout on Feb. 28.  Here are the details.

Tariffs and parenting

Now, back to tariffs.

Summer 2025 is shaping up to be an expensive season, especially for parents.

Sweeping tariffs imposed by President Trump mean price hikes for new clothes, toys, bikes, strollers and more. And being a parent was already pricey.

Tariffs and your next car purchase

What do mass tariffs mean for folks looking to buy a new car in 2025?

Buying a car is rarely simple, but the second and third business quarters of 2025 present specific challenges that many dealers and shoppers have yet to encounter.

📰 More stories you shouldn't miss 📰

Another IRS leader departs
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Wine prices, too, are about to rise
What's next for bitcoin?

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.

A one-week consumer boycott is underway from April 7 to April 14 by The People's Union.

The same group that organized the Feb. 28 one-day economic blackout has had several other protests, including boycotting Walmart from April 7 to 14.

Julie Duhon, executive director of Tandem Community Birth Center & Postpartum House, installs a child seat into one of Tandem's transport vans on Thursday, April 18, 2024.
 

Summer with kids is about to be a lot more expensive

With summer on the horizon, how will tariffs impact parents? The warmer season means new clothes, bikes, strollers and more.

Auto leasing fell after the COVID-19 pandemic hit in 2020. In 2022, leasing fell to 18% of the market, down from 30% in 2019, according to the TransUnion report. Year-to-date, leasing is now at 25%. File: Car dealerships in metro Detroit in 2022.
 

What Trump's tariffs could mean for car buyers this spring and summer

President Donald Trump's tariff announcements are wreaking havoc on the auto industry. Here's why car buyers should approach the market cautiously.

The U.S. Internal Revenue Service (IRS) building stands after it was reported the IRS will lay off about 6,700 employees, a restructuring that could strain the tax-collecting agency's resources during the critical tax-filing season, in Washington, D.C., February 20, 2025. REUTERS/Kent Nishimura
 

Turmoil at IRS as another acting commissioner departs

Krause is the third person to lead the IRS since January. Acting Commissioner Doug O'Donnell left last month.

Traders work on the floor at the New York Stock Exchange on April 8, 2025.
 

China slams US with 84% tariff after new wave of Trump levies

As the tariff turmoil takes a toll on financial markets, Trump advisers say about 70 nations want to make a deal.

President Donald Trump is pictured signing an executive order at the White House.
 

'Major tariff' coming soon on foreign pharmaceuticals, Trump says

Trump predicted a tariff on foreign pharmaceuticals will prompt drug companies to move their operations to the United States.

U.S. imported wine is displayed in a wine bar in Athens, Greece, April 7, 2025.
 

Wine tariffs to surge by 20%, putting small businesses at risk

Over the weekend, the National Association of Wine Retailers said it expected "significant revenue reductions, layoffs and business closings."

A Bitcoin enthusiast poses for pictures during the kick-off of the Plan B Forum El Salvador, in San Salvador, El Salvador, January 30, 2025.
 

Bitcoin is down 22% from its peak. History says this will happen next

Will history repeat one more time? Bitcoin investors hope it does.

NEW YORK, NEW YORK - APRIL 07: Traders work on the floor of the New York Stock Exchange during morning trading on April 07, 2025 in New York City. All three major stock indexes dipped again at the opening of the stock market for the third straight day with the Dow Jones dropping over 1000 points and the S & P 500 nearing bear market territory amid U.S. President Donald Trump's sweeping new tariffs and other countries' retaliations. (Photo by Michael M.   Santiago/Getty Images)
 

Odds of a US recession are growing. How do economists define one?

Wall Street and TikToks don't determine when the country enters a recession. Eight economists do.

USA TODAY
 

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