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Tuesday, 2 December 2025

A windfall for 'Trump Accounts'

Also: Weight-loss drug gets cheaper ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌  ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 
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The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Tue Dec 2 2025

 

Daniel de Visé Personal Finance Reporter

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

Remember those Trump Accounts, seeded with $1,000 of government money for every baby born in the next few years?

The size of that handout is about to grow.

Popular weight-loss drug gets cheaper

Eli Lilly just announced it has slashed the price of a leading weight-loss drug. This follows price cuts from some of its competitors. Ken Alltucker reports.

📰 More stories you shouldn't miss ðŸ“°

Some Americans are waving off holiday gifts
Is the stock market overpriced?
Guess who wants crypto for Christmas?
Costco sues for refund of tariff costs
How to prepare a car for storage

📰 A great read ðŸ“°

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

Every child born between 2025 and 2028 is getting a baby shower gift from Congress and the president: a $1,000 deposit into a "Trump Account."  

We're reposting that story, of course, because of the big news on Trump Accounts above. Enjoy!

Daniel de Visé covers personal finance for USA TODAY. The Daily Money breaks down complex consumer and financial news. Subscribe here.

Dell Technologies CEO Michael Dell delivers remarks at the Invest America Roundtable hosted by President Donald Trump in the State Dinning room at the White House on June 09, 2025 in Washington, DC.

Billionaire tech executive Michael Dell is contributing more than $6 billion to President Trump's accounts for newborn babies.

Eli Lilly, the pharmaceutical company behind GLP-1 injection Zepbound, is working to bring its weight loss drug to the market in pill form.
 

Eli Lilly cuts price for popular weight loss drug Zepbound

Lilly's Zepbound price cuts ranged from $50 to $100, depending on the dosage, for consumers who pay cash via the drugmaker's LillyDirect website.

FILE PHOTO: U.S. President Donald Trump presents the sweeping spending and tax legislation, known as the "One Big Beautiful Bill Act," after he signed it, at the White House in Washington, D.C., U.S., July 4, 2025.
 

'Trump Accounts' are $1,000 of free money. Here's how to claim it.

Yes, it's free money, but there are lots of other tax-advantaged savings plans. Are "Trump Accounts" a worthy investment?

Josie Bradley of Snohomish, Washington, and her family have decided not to exchange Christmas gifts this year. Bradley, shown with two of her grandchildren, said the family will spend time putting on a talent show instead.
 

Here's why some people are not buying or receiving holiday gifts

Why are some people opting out of buying and receiving gifts?

A New York Stock Exchange floor trader looking up in awe at a computer monitor.
 

It's the 2nd priciest stock market in 155 years. Too good to be true?

If things seem too good to be true on Wall Street, history shows they probably are.

Gen Z wants crypto in their stocking this year, according to a Visa survey.
 

Gen Z wants Bitcoin for Christmas. Will their Gen X parents buy it?

Gen Z wants crypto for Christmas. Crypto is "the new digital stocking stuffer," Visa announced in a new survey, released Dec. 2.

A Costco Wholesale warehouse is pictured in Northridge, California, on May 7, 2025.
 

Costco sues Trump administration for 'complete refund' of tariff costs

The wholesale juggernaut claims that importers were not guaranteed a refund if the Supreme Court rules against the Trump administration.

The Prestige Auto Spa NJ crew does an oil change at the Toms River business Monday, November 3, 2025. The full-service car wash is celebrating its fourth anniversary under new ownership.
 

Car Doctor: How to prepare your car for long-term storage, and more

Do you need a Battery Tender? How's your infotainment screen? Were you overcharged for an oil change? The Car Doctor answers your questions.

Gat Caperton, CEO of Gat Creek Furniture in Berkeley Springs, W.V., is one of several American manufacturers fighting a battle against imports. The furniture company gave USA TODAY a first-hand look at how the business is being impacted on Oct. 31, 2025.
 

Go inside American-made factories as they battle import pressures

As overseas products flood U.S. markets, meet eight of the last home goods manufacturers in America.

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Monday, 1 December 2025

Buy American, revisited

Also: Year-end tax moves ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌  ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 
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The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Mon Dec 1 2025

 

Daniel de Visé Personal Finance Reporter

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

You've heard of Buy American. Ever wonder why Amazon doesn't have a button that lets you shop American-made products, the same way you can filter by price or delivery date?

We spoke to 8 of the remaining U.S. home goods manufacturers, to find out how they compete against the onslaught of imports and to share their vision for the Made-in-USA movement.

Tax moves to make at year's end

The last thing anyone wants to think about at year-end is taxes, but maybe it's the first thing you should think about. Medora Lee reports.

📰 More stories you shouldn't miss ðŸ“°

All about Cyber Monday 2025
Are your old pennies worth millions?
The best retirement cities in 2025 and beyond
Where will Bitcoin be in 5 years?
'I rode in a fully autonomous vehicle'

📰 A great read ðŸ“°

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

As you ransacked your basement in search of holiday decorations, perhaps you came upon boxes of documents from the last millennium. And then you probably asked yourself: " Couldn't I just throw these out?

Daniel de Visé covers personal finance for USA TODAY. The Daily Money breaks down complex consumer and financial news. Subscribe here.

.

Want to Buy American? These 8 U.S. manufacturers have found ways to compete against a rising tide of imports.

Illustration of a woman preparing her 2024 income tax return for the calculation of 2025 personal income tax on the tax administration website impot.gouv.fr in her living room in Valence, France, on April 9, 2025. (Photo by Nicolas Guyonnet / Hans Lucas / Hans Lucas via AFP) (Photo by NICOLAS GUYONNET/Hans Lucas/AFP via Getty Images)
 

Save with these year-end tax moves. One's only available for 2 days.

It could be worth the time this holiday to consider these tax moves before year end. They could save you money in 2025 and beyond.

Waiting on a 2020 tax return to be processed? If your tax returns from 2020 still has not been processed, the IRS said you should still file your 2021 tax returns by the April due date or request an extension to file.
 

'Forever' documents: Here are the records you should never throw out

Companies and governments often have policies on document retention. Most people do not.

Cyber Monday sales are running longer and longer, with many major retails extending deals into an entire weekend or even week.
 

Cyber Monday 2025: Everything you need to know to shop the best sales

Cyber Monday, which in some cases is a full "Cyber Week," entails deals at major retailers like Amazon, Best Buy, Macy's and more. Here's what to know.

United States currency coins used in daily purchases.
 

Some old pennies are valuable. But maybe less than you think.

Are your old pennies worth millions? Experts say you shouldn't bank on it.

Cinderella Castle had a makeover, with new royal colors and embellishments, as Magic Kingdom turns 50 years old. Guests from around the world are expected for Walt Disney World's 18-month celebration at WDW's four parks.
 

Here are the best places to retire in America in 2025 and beyond

Three Florida cities rank among the five best places to retire in 2025 and beyond, according to a study from WalletHub.

Gold coins with Bitcoin logo on them.
 

Where will leading cryptocurrency Bitcoin be in 5 years?

Bitcoin's price has shot up more than five-fold since late 2020.

Edwin Olson, the CEO and co-founder of May Mobility, watches from the second row as a driverless Toyota Sienna moves around Ann Arbor during a demonstration drive for the Detroit Free Press on Wednesday, April 9, 2025. The minivan's driver's seat remains empty. The computer controls and navigation equipment are stored on the front passenger seat, leaving the second and third row seats for passengers.
 

I thought I'd be cooler about riding in a driverless car. I wasn't.

"I'm like, freaking out," I confess. I hadn't ridden in an autonomous vehicle in years and the first experience hadn't been positive. Now what?

Gat Caperton, CEO of Gat Creek Furniture in Berkeley Springs, W.V., is one of several American manufacturers fighting a battle against imports. The furniture company gave USA TODAY a first-hand look at how the business is being impacted on Oct. 31, 2025.
 

Go inside American-made factories as they battle import pressures

As overseas products flood U.S. markets, meet eight of the last home goods manufacturers in America.

USA TODAY
 

Download USA TODAY's app to get to the heart of news

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.

SEE ALL NEWSLETTERS 

Newsletters   |    eNewspaper   |   Crosswords

Follow Us

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