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Thursday, 8 December 2022

The Daily Money: NYT strike, Ford Motor Company news and more

Ford Motor Company has a lot going on at the moment. The automaker confirmed yesterday that 1,000 employees elected to retire ahead of a Dec. 1 deadline ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
usatoday.com

The Daily Money
 
Thursday, December 8

Happy Thursday. This is Katie Wedell with today's headlines. 

There may be fewer headlines coming out of the New York Times newsroom today because about 1,000 employees are holding a 24-hour walkout after negotiations on the newsroom's union contract have stalled. 

This is the first strike of its kind at the newspaper in more than 40 years.

Lots of news out of Ford

Ford Motor Company has a lot going on at the moment. 

The automaker confirmed yesterday that 1,000 employees elected to retire ahead of a Dec. 1 deadline in order to keep more of their lump sum pension payments. 

The retirements are independent of job cuts in parts of the company that focus on traditional internal combustion engine vehicles. Some reductions happened this year and CEO Jim Farley has indicated that additional job cuts may be on the horizon.

And owners of Ford Focus and Fiesta cars say they feel like they've been "ghosted" by the company as their vehicles languish in lots for months waiting on replacement of faulty transmission control modules. 

📰 More stories you shouldn't miss 📰

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Sleeping on the job: Twitter HQ under investigation for reported makeshift bedrooms

Savings for all: Robinhood democratizes retirement savings with 1% IRA match

🕷️ Critter news 🐕

Ding-dong! Humans aren't the only ones who know how to ring a doorbell. Watch how pets, livestock, rodents and more are caught on doorbell cameras.

About The Daily Money

Each weekday, The Daily Money delivers the best consumer news from USA TODAY. We break down financial news and provide the TLDR version: How decisions by the Federal Reserve, government and companies impact you.

Ford Motor Co. logo
1,000 salaried Ford workers retire after pension warning
Retirement-eligible salaried employees at Ford were warned about retiring this year to maximize a lump sum pension payment.
An old crisis creates new problem for Ford
Ford Focus vehicles are seen on a storage lot on F
New York Times journalists strike: 'We know what we're worth'
FILE - The New York Times building is shown on Oct
Twitter HQ under investigation for reported makeshift bedrooms
In this file photo taken on October 28, 2022, the
Madison Cawthorn fined for improperly promoting cryptocurrency
Republican congressman Madison Cawthorn greets sup
Robinhood democratizes retirement savings with 1% IRA match
Senior gig worker using ride sharing app while in
Credit card debt rose in 2022 but may not go up a lot more during...
Terri Ross, left, checks out a customer at JCPenne
Holiday gifts, groceries costing more due to inflation. Here's how to...
Jai'kobe Terry picks out toys with Santa Claus dur
If you're late saving for retirement, don't panic. Here's how to start
10. Plan on living to 90     According t
Disney World just increased prices and changed its pricing structure
Guests scan fingerprints and Magic Bands to electr
 

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Wednesday, 7 December 2022

The Daily Money: Beef shortages loom as climate change effects hit U.S. farmers

Weather events linked to climate change have impacted some crops more than others this year and beef shortages could be in store as a result. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
usatoday.com

The Daily Money
 
Wednesday, December 7

It's Hump Day, National Pearl Harbor Remembrance Day, and the day the New York Yankees agreed to pay $360 million to keep Aaron Judge in pinstripes forever.

This is Katie Wedell with today's headlines. 

I can't decide whether to be surprised or not that Wordle was the top U.S. trending search of 2022, according to Google data released today. 

Obviously, it's an immensely popular game. But do people not know about bookmarks?

Wordle beat out searches for election results, Queen Elizabeth and Ukraine. 

Beef shortage looms

Weather events linked to climate change have impacted some crops more than others this year and beef shortages could be in store as a result. 

Drought in Texas is forcing ranchers to send more cows to slaughter which could disrupt the beef supply in coming years. 

Rice and almonds in California, citrus in Texas and cotton crops were also impacted by weather events this year. 

📰 More stories you shouldn't miss 📰

Richest in the room: An ATM at an art show in Florida ranked attendees' bank accounts from richest to poorest after they interacted with it.

'Constant turmoil': A report commissioned in the wake of the infant formula crisis finds FDA's food regulatory agency lacks leadership.

Apple lawsuit: Two women have filed claims alleging they were stalked by exes who used AirTags to track them.

Don't miss our investment guide

Stay calm and invest on. Consider your choices – and what to invest in, and whether to do it yourself. Get more advice like this in USA TODAY's Personal Finance Investment Guide.

About The Daily Money

Each weekday, The Daily Money delivers the best consumer news from USA TODAY. We break down financial news and provide the TLDR version: How decisions by the Federal Reserve, government and companies impact you.

A cotton field is harvested in Mission, Texas, on Wednesday, July 27, 2022. Farmers fear of damage to other crops as drought and lack of water concerns continue in the Rio Grande Valley. Cotton is one of the main crops grown in the area.
Beef shortage looms as climate change effects hit US farms
Drought imperils Texas farmers' ability to breed cattle. Hurricanes threaten Florida's iconic citrus. Experts tie the troubles to climate change.
Apple sued by two women who say exes used AirTags to stalk them
Apple showed off its new AirTags at its spring eve
Florida art show ATM ranks guests' bank accounts
ATM that ranks people based on their bank account.
Report finds 'constant turmoil' at FDA's food regulatory agency
Baby formula shortages are evident in a Washington
S&P 500, Dow, Nasdaq end down again as investors mull Fed rate policy
The phrase, Wall Street, etched in gold on the sid
Making these tax moves now could save you money
Couple working on taxes.
McDonald's franchisee accused of child labor violations involving 101...
FILE - This June 25, 2019, photo shows the sign ou
Top 10 real estate housing markets in 2023
17. Hartford-West Hartford-East Hartford, CT     •
Why expectations for inflation to stay high make the Fed's job harder
As the Bureau of Labor Statistics released the Con
What are the holiday 2022 shipping deadlines for UPS, FedEx, USPS?
With the help of UPS, FedEx and the U.S. Postal Se
 

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