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Thursday, 15 May 2025

Are we chasing off international students?

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Also: Starbucks workers walk out ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌  ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 
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The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Thu May 15 2025

 

Daniel de Visé Personal Finance Reporter

Good morning! It's Daniel de Visé with your Daily Money, brain drain edition.

For scientists hoping to study in the United States, Europe has a clear message: Come here instead. 

Colleges are starting to fear that great minds may do just that, if the Trump administration keeps cutting research funding and detaining foreign-born students.

American colleges and universities have long been the most desired destinations for students from across the globe. But that may be changing.

Starbucks workers walk out

A workers union says that more than 1,200 Starbucks employees have gone on strike to protest a new dress code policy that went into effect this week.

Walk-outs have taken place at roughly 100 stores nationwide, according to Starbucks Workers United. The union argues that the new policy is worsening a brewing staffing crisis.

Which household products come from China?

Amid the tariff tumult of recent weeks, perhaps you have found yourself pulling random plates and mugs from your shelves and turning them over to learn their country of origin. Quite often, the answer is China.

China ranks as America's third-largest source of imported goods in 2025, according to Census data.

For the curious consumer, we've assembled a list of 11 common household items, showing what percentage of all imports came from China in 2024

📰 More stories you shouldn't miss 📰

Memorial Day meals may get pricey
Student loan debt collection resumes
Here's why Social Security payments seem late
Did Rubbermaid dupe customers?
Three signs you're not ready for 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.

French President Emmanuel Macron delivers a speech during the "Choose Europe for Science" event to encourage researchers and scientists from all over the world to practice in Europe, in the amphitheater of the Sorbonne University in Paris, France, on May 5.

The Trump administration's policies could jeopardize the tens of billions of dollars foreign students bring to colleges and cities.

Starbucks workers and their supporters negotiate with a police officer outside of a Starbucks retail location during a strike and rally organized by Starbucks Workers United in Seattle on March 11, 2025.
 

Starbucks workers are walking out over new dress code. What to know.

More than 1,200 Starbucks employees with Starbucks Workers United have gone on strike to protest a dress code policy that went into effect this week

Employees pack Halloween-themed toys at the factory of Xubo, a Halloween decorations manufacturer, in Yiwu, Zhejiang province, China May 14, 2025.
 

From dishes to dresses, household items most likely to come from China

If you've taken a "tariff tour" of your own home, then you already know how deeply you depend on goods from China.

Memorial day cookout
 

Grilling out on Memorial Day? Brace yourself for expensive beef

Brace yourself for higher beef prices as you fire up your backyard grill for the summer holidays

After a five year break, debt collection resumes for millions of student loan borrowers who remain in default. Borrowers can contact the Education Department's default resolution group to avoid wage garnishment and more.
 

Student loan borrowers face debt collection again: What you need to know

Those who haven't paid on their debt for nine months or more now face the harsh realities of debt collection. Here's what to do next.

A gathering focused on Social Security Administration staffing cuts was held by U.S. Rep. Julia Brownley in front of the office in Thousand Oaks, California on April 21, 2025.
 

Here's why May's Social Security payments seem to be late

In the month of May, traditional Social Security recipients will get their benefit payments a few days later than usual. You can blame the calendar.

Food preservation containers with red lids on blue.
 

Rubbermaid accused of duping customers over container safety

The complaint alleges that some of Rubbermaid's containers release microplastics into food when microwaved despite saying it's safe to do so.

Frustrated person with hand on head looking at laptop.
 

3 signs you're not ready to apply for Social Security yet

If you want to get the most out of the program, there are a few steps you need to take before you sign up so you can optimize your lifetime benefit.

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.
 

Is the 60/40 rule making a comeback in retirement savings?

A new report from Morningstar compares the classic 60/40 investment mix to an all-stock portfolio, with surprising results.

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