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Thursday, 14 May 2020

The Daily Money: No bump in Social Security benefits?

Today's top stories from USA TODAY Money. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
usatoday.com

The Daily Money
 
Thursday, May 14

Welcome to Thursday. It's David, with the latest stories on how COVID-19 is reshaping the world of money and tech.

Let's start with something that kicks off most encounters: the handshake. With the coronavirus pandemic making human touch a potentially lethal act, this ancient greeting has suddenly become socially unacceptable. What could replace it?

And there's some potentially disappointing news in the world of benefits. Seniors already grappling with higher health costs and the threat of COVID-19 may face another challenge next year: No increase in their Social Security checks. We explain.

Looking for more money and tech news, keep scrolling down.  

David Brinkerhoff, Deputy Money Editor

A counselor can help you decide whether debt consolidation is a step that makes sense for you.
If coronavirus ends the handshake, what will replace it?
With COVID-19 making touch a potentially lethal act, handshaking is risky. How do we replace a greeting so key to connecting in business and life?
No Social Security cost-of-living bump in 2021?
Loose pile of Social Security cards
Coronavirus: How dining in a McDonald's will change
The exterior of a McDonald's restaurant.
Fed's Powell sees risk of long recession because of...
FILE - In this Wednesday, May 1, 2019, file photo,
Mother's Day wait leads to Red Lobster scuffle
A shouting customer is pushed out the front door o
Reno stripper sues Nevada over unemployment failures
A file photo of a person filling out an unemployme
Coronavirus shocker: Pajama sales up, bras, pants down
A woman arranges lacy, colorful bras in a drawer i
These are the COVID-19 peak dates for every state
Alabama
Employer COVID-19 response good, but job concerns...
Man with a serious expression sits at laptop.
Stocks fall on renewed pessimism over the economy
Bear wearing a mask and seeing the stock market cr
 
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Wednesday, 13 May 2020

The Daily Money: Why your stimulus check felt small

Today's top stories from USA TODAY Money. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
usatoday.com

The Daily Money
 
Wednesday, May 13

We're halfway through the week and the Daily Money has plenty of financial news to share with you.

It's David, and today's newsletter links you to our stories about the job market, stimulus checks and the possibility of taking an early loan on your Social Security benefits. Let's get going:

It's tough out there, and the numbers prove it. Economists estimate that 2.5 million Americans filed new applications for unemployment insurance last week, though the figure, to be revealed Thursday, is expected to continue to fall from a peak of 6.9 million at the end of March.

As happy as you are to receive a stimulus check, you may wonder why you didn't see more money. The IRS has now listed a group of reasons for why the dollar amount of your check might be, as the agency delicately puts it, "different than anticipated."

Want more news? Keep scrolling down.

David Brinkerhoff, Deputy Money Editor

Unemployment claims are soaring across the United States due to coronavirus-related layoffs and closures.
Millions more to file for unemployment as layoffs mount
Economists estimate another 2.5 million initial jobless claims were filed last week. The claims are a reliable measure of layoffs.
You may be able to take Social Security early – with a...
Loose stack of Social Security cards
Why your stimulus check might have been less than you...
Economic Impact Payment checks will continue to be
Consumer prices had a record drop. Time to celebrate?
The U.S. Department of Labor has released its cons
Lead like a gardener and grow a better business
Woman looking at notepad while on phone
Places a COVID-19 recession will likely hit hardest
21. Casper, WY     • Pct. of worker
A coworker has COVID-19. Your 💰 questions, answered
We answer your coronavirus money questions.
Twitter allows some employees to WFH 'forever'
(FILES) In this file photo taken on November 12, 2
Walmart giving hourly workers COVID-19 bonus
Walmart
Simon Property Group opening more malls amid COVID-19
Simon Property Group's headquarters are located in
 
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