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. |
Americans could see major changes to Medicaid, food stamps, border security and taxes under a sweeping Republican bill that passed the U.S. House early today. |
The proposal, which President Donald Trump has dubbed the "big, beautiful bill," passed the House 215-214, with all Democrats and two Republicans voting against it after a marathon all-night debate. |
Will America's retirement age keep rising? |
The average retirement age of American workers is creeping steadily up, according to a new report from a prominent economist. |
Over the past three decades, the average retirement age has risen by about three years, economist Alicia Munnell reports in an April research brief. The typical retirement age in 2024 was 64 for men, 62 for women. |
Which retailers are raising prices over tariffs? |
Retailers responsible for several of America's go-to shopping destinations are among a growing chorus of companies warning that prices may be going up because of the Trump administration's tariff hikes. |
Walmart is the latest corporation to warn that select goods could soon cost more, a disclosure that provoked the president's wrath. Here are some of the others. |
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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 House proposal would enact Trump's major campaign promises while dramatically changing Medicaid, food benefits, income taxes and border security. | | A prominent economist set out to determine whether America's rising average retirement age will ever level off. | | | | Walmart said it expects price increases will hit consumers as soon as late-May. Which other U.S. retailers have issued similar warnings? | | | | Trump is trying to push his 'big beautiful tax and spending bill through Congress. Here's who would benefit the most – and who could get hurt. | | | | Amazon is refunding a 'very small subset' of consumers for returns from past years. Here's what you should know. | | | | Target sales plunged in the first quarter amid concerns about Trump's tariffs, inflation and backlash to its pull back on DEI | | | | Novo Nordisk will sell a less expensive one-month supply of Wegovy for patients who previously took compounded versions of the medication. | | | | You may have heard some rumors that Social Security will be out of money by the time you're ready to retire. But thankfully, that's not true. | | | | The unexpected voice vote comes as congressional Republicans work to pass legislation that would include a similar provision. | | | | 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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