ALL THE MONEY NEWS YOU NEED TO KNOW | |
Good morning and Happy Friday! This is Betty Lin-Fisher with Friday's consumer-focused edition of The Daily Money. |
We're following the latest tariff news this morning, including President Donald Trump 's warning to Apple of a new 25% import tax if iPhones are not made in the U.S. and his recommendation of a 50% tariff on the European Union starting June 1. | New iphones, XS (right) and XS Max (left) Robert Deutsch / USA TODAY NETWORK via Imagn Images |
See a penny, pick it up? Now what? |
After 233 years of pennies in our pockets, the U.S. this month will officially end penny production, according to statements from the Treasury Department. |
The U.S. Mint is using the last of its coin blanks to mint the final pennies this week. |
📰 Consumer stories you shouldn't miss 📰 |
This, like the recommended perfect thermostat temperature, could cause household feuds. Is there a right way to load your dishwasher? Should you put fork handles up or down? What does the way you load the dishwasher teach us about our family upbringing or how we act in the workplace? |
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. | | "The European Union... has been very difficult to deal with," Trump said, adding: "Our discussions with them are going nowhere!" | | Treasury Department will take pennies out of circulation next year. Costly nickels, however, could cancel out savings. | | | | Personal phone numbers are a direct line to us, but you might not want just anyone to have access to it. | | | | Sam's Club members will now be able to order their pizza online and have it delivered to their homes, Walmart announced. | | | | Nike is the latest retailer to announce price hikes amid President Donald Trump's elevated import tariffs. See what retail companies have done so far. | | | | A discrimination lawsuit against Workday raises new issues about how companies use artificial intelligence in hiring decisions. | | | | Bowls on the top or bottom? Fork handles up or down? Just what is the "right" way to load the dishwasher? It's an age old question. | | | | The remaining 440+ Joann stores will close by May 31. The fabric and craft retailer filed for bankruptcy in January 2025, its second within a year. | | | | A federal judge in New Jersey approved the sale of Rite Aid's pharmacy assets, including prescriptions, to CVS, Walgreens and other operators. | | | | 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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