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Tuesday, 10 June 2025

Amid chaos, undocumented L.A. workers toil on

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Also: More workers are changing careers ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌  ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 
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The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Tue Jun 10 2025

 

Daniel de Visé Personal Finance Reporter

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

Today, we'll focus on jobs.

Perched on a plastic lawn chair outside a Home Depot in paint-stained pants and scuffed work boots, Jose Luis Valencia, 54, kept one eye out for ICE agents and another looking for work.

Days after a series of federal immigration raids across Los Angeles sparked protests around the city, Valencia and other undocumented immigrants risked detention as they sought a paycheck.

More workers are changing careers

Nowadays, when Americans switch jobs, they're not just making changes around the edges.

Sixty-four percent of workers who switched jobs from 2022 to 2024 also changed careers, according to an Indeed study of 35 million profiles on the leading job site.

Buy now, pay a lot later

Buy now, pay later users are increasingly paying much later.

Klarna, one of many companies that allows users to pay in installments over time, said consumer credit losses in the first three months of the year rose 17% from a year ago.

Here's how buy now, pay later can wreck your finances.

📰 More stories you shouldn't miss 📰

Can you pass this financial literacy quiz?
Why torching Waymos isn't a good idea
Beware of celebrity impersonation scams
Cyberattack hits Whole Foods distributor
The Yugo attempts a comeback

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.

Day laborers waiting for work at the Home Depot in Paramount, California, on June 9, 2025, risk ICE detention and deportation but said they were willing to take the risk because they need money to support their families.

After federal immigration raids across LA sparked fear and protests, immigrant laborers still turned up, hoping for work.

People fill up job application forms at a job fair in Los Angeles, California.
 

Most workers who switch jobs are making a career change

Most workers switching jobs are making a change in career, an Indeed study of data on the job search site shows.

Shoppers this holiday season will see plenty of opportunities to buy items now in the store and pay later through services such as Klarna.    Buy now, pay later
 

'Buy Now Pay Later' may be gratifying now. But just wait.

More buy now pay later users are missing payments. Experts warn this could blow up your future finances. What to know.

f you are the primary beneficiary of your mother's life insurance policy, the lump-sum death benefit is usually tax-free. However, if the money stays in an annuity, earnings may be taxable.
 

Can you pass this financial literacy quiz? Most Americans could not.

In a financially literate world, most of us would know most of the answers to the questions on the Personal Finance Index quiz.

A Waymo car burns in the street as smoke billows during protests in Los Angeles, California, on June 8, 2025.
 

As Waymos burn amid LA protests, experts warn about safety

Waymo taxis were set on fire during L.A. protests. It's unclear whether they were called or if protesters simply took advantage of their presence

Musician Kid Rock practices at rehearsals during the final day of the Republican National Convention at the Fiserv Forum on Jul 18, 2024.
 
For subscribers

Celebrity impersonation scams are stealing thousands from fans online

People are losing money to con artists pretending to be celebrities who are contacting them online and taking conversations to Telegram.

Avocados from Mexico are displayed for sale at a Whole Foods store on Feb. 3, 2025 in New York City.
 

Cyberattack hits Whole Foods' distributor; stores could see supply issues

A cyberattack against North American wholesale distributor United Natural Foods may bring supply issues for Whole Foods and other grocery businesses.

1985_Yugo_GV
 

The Yugo, one of the worst cars ever, is attempting a comeback

The Yugo's namesake no longer exists, but that isn't stopping a determined few from resurrecting the infamous hatchback.

SAN ANSELMO, CALIFORNIA - FEBRUARY 07: In this photo illustration, a credit card is used to pay for gasoline on February 07, 2024 in San Anselmo, California.
 

Making six figures but drowning in debt? You're not alone, survey says

Credit card debt is an embarrassment to many Americans. It is especially embarrassing, apparently, to people who earn a lot.

USA TODAY
 

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