ALL THE MONEY NEWS YOU NEED TO KNOW | | | | Medora Lee | Money and Personal Finance reporter
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Happy Monday! I am Medora Lee, filling in for my colleagues Daniel de Visé and Betty Lin-Fisher, to give you the rundown of the most interesting and pertinent money news today. |
After the recent (and maybe scary) slide in software stocks, analysts are debating whether it's now a great time to buy or stay away from them. |
Some stock traders fear artificial intelligence will put software companies out of business by rendering their products obsolete. Another narrative suggests software firms have overspent on AI and won't reap sufficient returns on their investments. Check out the debate and see on what side you land. | Tax filers saw $172.26 billion in federal income tax refunds head their way through March 24. While that's a great deal of money, the total dollar amount is down $16.4 billion or down 8.7% from a year ago. Tax refunds Susan Tompor, Susan Tompor / USA TODAY NETWORK via Imagn Images |
Despite a Supreme Court ruling last week striking down President Donald Trump's emergency global tariffs, Trump is undeterred. He immediately ordered an across-the-board 15% global tariff and promises more. |
Electric or gas car? You can have both. |
Here are the top hybrids with the best mileage. |
📰 More stories you shouldn't miss 📰 |
And if you missed it the first time, we are pointing out this oldie but goodie on this cold winter (and for some, blizzard) day: |
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 economy may seem fine on paper, but many analysts note it's not working for many Americans. Is that a problem? | | American automotive plant workers assemble cars in these archive images from the industry's golden era. | | | | Shares of Microsoft, Oracle and Salesforce are sliding as investors debate whether AI will disrupt or destroy software firms. | | | | Used Tesla and Porsche Taycan EV prices are rising, while most other used electric vehicle prices are falling. Learn why and where to find value. | | | | Despite a Supreme Court ruling, President Trump is determined to impose new tariffs. Learn how he may try to continue his trade agenda. | | | | A study shows families in half of US states need to earn about $30 hourly to cover basic necessities, far exceeding federal and state minimum wages. | | | | Ozempic maker's lawsuit, FDA enforcement could curtail sales of less expensive, compounded, versions of popular weight loss drugs. | | | | The Department of Homeland Security reversed course, saying TSA PreCheck remains operational despite the government shutdown. | | | | Cities have long struggled with how to handle loose shopping carts on streets and sidewalks. A wave of new laws aims to fix the problem. | | | | 'The taxpayer must render unto Caesar what is Caesar's, but not more,' Chief Justice Roberts ruled in 2023. Now, the court will mull if taxpayers should keep even 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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