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Wednesday, 4 September 2024

A Labor Day strike

Also: Where should you retire? ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌  ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 
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The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Wed Sep 4 2024

 

Daniel de Visé Personal Finance Reporter

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

Chanting "make them pay" and other rallying cries, thousands of hotel workers went on strike over Labor Day weekend, after contract negotiations failed between the UNITE HERE labor union and some of the nation's largest hotel chains, Eve Chen reports. The strikes were scheduled to end Tuesday.

Some 15,000 workers, ranging from front desk clerks to back of house laundry staff, are demanding higher wages, better workloads and a return to pre-pandemic staffing at various Hilton, Hyatt, Marriott and Omni hotels.

Many workers say they can't afford to live in the cities they welcome guests to, though hotels assert otherwise.

Where should you retire?

Florida, Minnesota and Ohio took top spots for 2024 best places to retire, according to rankings announced Tuesday by WalletHub, Natalie Neysa Alund reports.

The list, which graded 182 cities across the United States, named Orlando as the No. 1 place to live during your golden years. Three other Florida cities, Fort Lauderdale, Tampa and Miami, also made the top 10. 

📰 More stories you shouldn't miss ðŸ“°

Harris to propose tax break for small business
Regulators target Shein and Temu
Costco increases its membership cost
How to unblock a website

📰 A great read ðŸ“°

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

When you've worked hard all of your life, retirement is a milestone to truly celebrate. And if that milestone is now a mere month away, you may be growing more excited by the day.

But it's important to start off retirement on the right financial foot. So. to that end, make a point to tackle these tasks if you're about a month out.

Here are three moves to make a month before your retirement.

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.

US hotel workers demonstrate as they strike over the Labor Day holiday weekend outside of the Boston Park Plaza Hotel in Boston, Massachusetts, on Sept. 2, 2024. As many as 10,000 hotel workers were on strike across the United States on Sept. 1, 2024, at the height of a long holiday weekend in which millions of Americans were expected to travel. Strikes were launched at 25 hotels in eight cities, including Boston, San Francisco, and Honolulu, as workers   demanded improved pay and a return to pre-coronavirus staffing levels.

The strikes are tentatively scheduled to end Tuesday, but more could be on the way at hotels across the country.

Aerial view of palm trees framing the city skyline in Miami, Florida. According to a 2024 WalletHub analysis, the city ranks No. 2 on its 2024 list of best places to retire.
 

Top places to retire in US include cities in Florida, Minnesota

The list released by WalletHub includes four Florida cities in the top five. Other more surprising locations include Minneapolis and Cincinnati, Ohio.

A person at a desk taking notes.
 

3 moves to make a month before you retire

They could all help you approach that period of life with more confidence.

Thursday, August 29, 2024; Savannah, Georgia; Democratic Presidential nominee Vice President Kamala Harris talks with the owners of Dottie's Market during a campaign bus tour stop in Savannah, Georgia on Thursday, August 29, 2024.
 

Harris to propose $50K tax break for startups in small business plan

Vice President Kamala Harris to propose tax break expansion for startups and appeal to small business owners in New Hampshire economic speech.

A woman walks inside the first permanent showroom of Chinese online fast fashion giant Shein, during a media preview in Tokyo on Nov. 10, 2022
 

Regulators call for investigation into what Shein, Temu sells online

Two Consumer Product Safety commissioners said an investigation into the foreign-owned platforms is necessary following reports of "deadly baby and toddler products"

Columbus, Ohio, is named in 2024 the fastest growing metro area in the United States.
 

This Ohio city is having a moment. Welcoming more refugees will help.

Columbus, Ohio, now the fastest growing metro area in America. Welcoming refugees is not just the right thing to do, it also makes economic sense.

23. Painters, Construction and Maintenance. Fatal injuries in 2017:  8.9 per 100,000 workers. Total:  44 fatal injuries, 4,200 nonfatal injuries. Most common fatal accidents:  Falls, slips, trips.
 

Record share of people without high school diploma are in workforce

A record share of people who lack a high school diploma are in the workforce. That's helping solve labor shortages but pushing up unemployment rate

The Seattle Seahawks will be opening six new Amazon Just Walk Out stores in Lumen Field this fall, bringing the total number to 15, the most of any NFL stadium.
 

Amazon's Just Walk Out stores expand: grab a beer, goods, or snacks

Amazon's Just Walk Out technology is available at more locations as new stores open in NFL stadiums and college campuses.

The new Costco Wholesale store at One Daytona is pictured on Tuesday, Feb. 20, 2024, two days before opening day. It is scheduled to open on Thursday, Feb. 22, immediately following a ribbon-cutting ceremony at 7:30 a.m.
 

Costco's membership increase is now in effect. Here's what to know.

Costco announced the increase in membership costs in July, noting that annual membership fees would increase from $60 to $65 for many in US, Canada.

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Tuesday, 3 September 2024

No diploma? No problem.

Also: Amazon expands 'Just Walk Out' ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌  ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 
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The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Tue Sep 3 2024

 

Daniel de Visé Personal Finance Reporter

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

A surprising number of workers without high school diplomas are keeping the U.S. economy humming.

The share of people without a high school degree who are in the workforce, meaning that they're working or looking for jobs, hit a record high in July, capping an 18-month surge by that group into America's job market, Paul Davidson reports.

Amazon expands 'Just Walk Out'

More NFL football fans and college students will be able to grab what they need and walk out of new Amazon Just Walk Out stores opening this fall, Betty Lin-Fisher reports.

Fourteen artificial intelligence-powered Just Walk Out stores will be opening this week as NFL teams host their season openers. Additionally, more colleges are using Just Walk Out technology on campus, bringing the total to more than 30 university stores with the technology worldwide.

"Just Walk Out" sounds a bit like an invitation for anarchy. How exactly does it work?

Speaking of football, you can prep for the season at home with USA Today Sports' power rankings for NFL's Week 1.

'Me' generation balks at Great Wealth Transfer

If you're expecting a life-changing windfall when your boomer parents die, take heed: Only one fifth of the "Me" generation expects to leave an inheritance. 

A new study from Northwestern Mutual, the financial services company, finds a yawning gap between how many young Americans expect to reap an inheritance and how many older Americans plan to leave one. 

Many young adults are pinning their hopes on the Great Wealth Transfer, a generational exchange of riches that could pass $90 trillion from boomers to their heirs over the next 20 years.  

But many boomers have other plans. 

📰 More stories you shouldn't miss ðŸ“°

A new page for indie bookstores
Who has the worst grocery inflation?
Trump v. Biden on health insurance
How much does SSI increase from 62 to 70?
... And how does your SSI benefit compare to the average

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.

23. Painters, Construction and Maintenance. Fatal injuries in 2017:  8.9 per 100,000 workers. Total:  44 fatal injuries, 4,200 nonfatal injuries. Most common fatal accidents:  Falls, slips, trips.

A record share of people who lack a high school diploma are in the workforce. That's helping solve labor shortages but pushing up unemployment rate

The Seattle Seahawks will be opening six new Amazon Just Walk Out stores in Lumen Field this fall, bringing the total number to 15, the most of any NFL stadium.
 

Amazon's Just Walk Out stores expand: grab a beer, goods, or snacks

Amazon's Just Walk Out technology is available at more locations as new stores open in NFL stadiums and college campuses.

Blueprint surveyed parents of Gen Z and Millennial adults in states with populations of 2 million or more to find out where adult children are getting the most financial support from their parents.
 

Great Wealth Transfer? Not so fast, says the 'Me' generation

An "inheritance gap" separates boomer parents from their Gen-Z children. Young adults may be overestimating their chances to inherit.

Healthcare service, hospital website online search, wellness plan and insurance concept.
 

Millions more Americans lacked health insurance under Trump vs. Biden

Midway through Joe Biden's presidency, 3.3 million more U.S. residents had health insurance than did so in 2019, according to new analysis.

A seated, smiling person.
 

Is your monthly Social Security benefit higher or lower than the average retiree's?

If you're curious as to how your Social Security benefit stacks up, we've got an answer.

At a grocery store in Washington, D.C., on April 12, 2022. Inflation hit a fresh 40-year high as continuing surges in gasoline, food and rent costs more than offset moderating prices for used cars.
 

As grocery prices soar, see which states and cities have it worse

Changing prices of common grocery store items provides insight into how food inflation has changed in different states and metro areas.

Philly AIDS Thrift @Giovanni's Room is the oldest LGBTQ+ bookstore in the country. In 2014, its owner worried it might need to close, until members of the community stepped in to help save it. Today, its manager says the store is thriving.
 

A new page for indie bookstores: More diverse and in demand

Forget streaming, Amazon and big box stores. Independent bookstores are thriving. Many credit their communities for helping them compete.

A slightly blurred Social Security card.
 

How much does Social Security increase from retirement age 62 to 70?

Social Security benefits vary depending on if you retire at 62. 67 or 70. Having an idea how much can help you decide when it makes sense to claim.

The new Costco Wholesale store at One Daytona is pictured on Tuesday, Feb. 20, 2024, two days before opening day. It is scheduled to open on Thursday, Feb. 22, immediately following a ribbon-cutting ceremony at 7:30 a.m.
 

Costco's membership increase is now in effect. Here's what to know.

Costco announced the increase in membership costs in July, noting that annual membership fees would increase from $60 to $65 for many in US, Canada.

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

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