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Tuesday, 17 June 2025

Coming soon: A standalone Costco gas station

06:17

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Also: Trump Organization launches phone ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌  ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 
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The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Tue Jun 17 2025

 

Daniel de Visé Personal Finance Reporter

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

Summer is coming. We thought it might never happen, but the news cycle has slowed, just a bit, here on the Daily Money desk. And so, today we revive the "Great Read" feature, reupping a popular story from earlier in the year, along with a dose of daily news.

Costco's upcoming location in California won't have its famous $1.50 hotdog, rotisserie chicken, or even a warehouse to browse ‒ just a few dozen gas pumps.

The membership-only retailer is planning to open its first standalone gas station in the spring of 2026.

Trump Organization launches phone

Trump Organization, the holding company for President Donald Trump 's business ventures, announced the launch of a new cellular service and cellphone. The launch comes on the 10-year anniversary of the start of Trump's first presidential campaign.

Dubbed Trump Mobile, the network will offer 5G service through "The 47 Plan," a nod to the president's second term.

📰 More stories you shouldn't miss 📰

Coinbase breach victims speak
GM pledges $4B in new US investments
US, UK announce trade deal
Is a 20-year-old car too old?
Roth 401(k) pitfalls

📰 A great read 📰

Finally, here's a popular story from 2024 that you may have missed. Read it! Share it!

Many American consumers fail to grasp the basic math of inflation, according to a large-scale study of financial literacy. 

The FINRA Investor Education Foundation, a financial education nonprofit, administered a seven-question quiz to 25,500 adults in recent months, testing their knowledge of consumer finance. The results: Three in ten test-takers missed a simple question about interest rates. Two in five flubbed a question about inflation.

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.

Costco Wholesale Corp. gas station is open for business, Wednesday, March 26, 2025, at 3173 S. Kanner Highway in Stuart. The members-only gas station opened Tuesday, one month before its retail store opening.

Costco is planning to open a standalone gas station in Mission Viejo, California, in the spring of 2026 in a new bid to drive sales.

U.S. President Donald Trump arrives to attend the G7 Leaders' Summit at the Rocky Mountain resort town of Kananaskis, Alberta, Canada, June 15, 2025.
 

Trump Organization launches $499 phone, new Trump Mobile cell service

Trump Organization announced the launch of Trump Mobile, a new cellular service branded in the name of President Donald Trump.

Egg shelves were slightly barren at a Nashville Kroger as avian flu caused shortages nationwide.
 

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

Most of the questions on a seven-item financial literacy quiz involve elementary math. Only 4% of Americans got all seven right.

Smartphone with displayed Coinbase logo and representation of cryptocurrencies are placed on a keyboard in this illustration taken, June 8, 2023.
 

Coinbase victims speak out amid massive breach at crypto exchange

Each victim tells a nearly identical story of loss, heartbreak, and feeling ghosted by a company promising trust.

New General Motors vehicles are parked at the GM Lansing Grand River Assembly plant as the first day of President Donald Trump's 25% tariffs on goods from Canada and Mexico goes into effect March 4, 2025 in Lansing, Michigan. President Trump is also adding 10% tariff on imports from China, bringing the tariffs on that country's goods to 20%.
 
For subscribers

GM pledges $4B in new US manufacturing investments

The new investment will not reduce any production in North America and does not include previously announced U.S. investment as part of UAW contracts.

President Donald Trump holds a signed US-UK trade deal next to British Prime Minister Keir Starmer as they speak to reporters during the Group of Seven (G7) Summit at the Pomeroy Kananaskis Mountain Lodge in Kananaskis, Alberta, Canada on June 16, 2025.
 

US and UK announce trade deal, but steel imports unresolved

President Donald Trump signed an agreement formally lowering some tariffs on imports from Britain as the countries continue working toward a formal trade deal.

A brown Toyota Sequoia SUV.
 

Is buying a 20-year-old car a bad idea? How to estimate a vehicle's lifespan

How do you determine if a car is too old to buy? Here's what a study says about vehicle longevity and how to calculate a car's lifespan on average.

A person at a laptop.
 

Roth 401(k) pitfalls: The 3 downsides you need to reconsider

Roth 401(k)s offer a number of benefits, including tax-free gains and withdrawals. But before you get your mind set on one, consider these downsides.

Brittany Maynard and Dan Diaz moved from California to Oregon so that Maynard could access medical aid in dying in 2014.
 

Brittany Maynard and how medical aid in dying can ease caregiver grief

Brittany Maynard's husband, Dan Diaz, says her determination to access medical aid in dying helped in his grieving process.

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