Eating out? These menu items will cost you more.
According to the June Menu Price Monitor by the digital technology platform, menu prices of some popular items remain higher than a year ago.
For the month of June, the median price of a premium cup of coffee, cold brew, beer and a burger have all crept up. Two items on the menu went down slightly in price: burritos and wings.
The median price of a cup of regular coffee remained unchanged from May, according to the survey.
"As restaurants try to navigate the current climate, inflation and rising costs are top of mind," Brian Koerber, principal of brand journalism and news at Toast told USA TODAY.
Restaurants are utilizing various strategies to deal with inflation, Koerber said, including increasing prices, conducting profit analysis, adjusting food suppliers, tracking ingredient costs, and managing inventory.
What menu prices went up?
Here's a look at how June menu prices fared, according to the Toast data:
More people are eating out
Consumers spent more at restaurants than at grocery stores over the past several months, according to a new analysis and report by Bank of America Institute.
Grocery spending has lagged restaurant spending since March and is up 1% year over year in June compared to 2.1% in 2024, according to aggregated credit card and debit card data from Bank of America.
However, in contrast to the spending data, when consumers were asked what they have done recently to reduce expenses, they said they were cutting spending at restaurants. Bank of America aggregated data shows households increased their spending at full service restaurants, and also how often they dined out in June.
"Looking across Bank of America card data, we see households made fewer visits to quick-service restaurants (QSRs) and increased the number of transactions at full-service, casual dining spots in June on a YoY (year over year) growth basis," the report said.
Additionally, the spending growth per transaction for lower-income households was greater than other income levels at both limited and full-service dining, the report said. "But the growth in the number of transactions was much lower in June, suggesting the first pull back in spending could come in the number of trips, but not necessarily the money spent," the report said.
Betty Lin-Fisher is a consumer reporter for USA TODAY. Reach her at blinfisher@USATODAY.com or follow her on X, Facebook or Instagram @blinfisher and @blinfisher.bsky.social on Bluesky. Sign up for our free The Daily Money newsletter, which will include consumer news on Fridays, here.
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Yahoo
21 minutes ago
- Yahoo
Stock market today: Dow, S&P 500, Nasdaq waver as Trump says 'not planning' to fire Powell
US stocks recovered from session lows in early afternoon trading Wednesday after President Trump said he's "not planning" to fire Fed Chair Jerome Powell despite new reports emerging suggesting he was close to making that decision. The S&P 500 (^GSPC) was off 0.1%, while the Dow Jones Industrial Average (^DJI) hugged the flat line. The tech-heavy Nasdaq (^IXIC) lost around 0.2%. Bloomberg reported Wednesday, citing a White House official, that Trump was considering firing Powell "soon." But Trump subsequently said in the Oval Office that he wasn't "planning" to do so, despite going on a rant at the Fed chair not lowering interest rates at his preferred pace. "No, we're not planning on doing anything," he told reporters, but added, "We're very concerned." "He's doing a lousy job, but no, I'm not talking about that. Fortunately, we get to make a change in the next eight months or so, and we'll pick somebody that's good," Trump said. Trump also confirmed a report that said he had asked a meeting of Republican lawmakers late Tuesday whether he should fire the chair. He said most of the lawmakers said he should do it. He denied a different report that said he had drafted a letter to fire Powell. Stocks opened Wednesday's session mixed as Wall Street weighed a surprise inflation print and scoured the latest batch of earnings for signs that corporate America is weathering the tariff turmoil. Solid earnings from Bank of America (BAC) and Johnson & Johnson (JNJ) helped ease some Wall Street worry about Trump's cycle of escalating tariff threats. BofA's trading desks benefited from trade policy-driven market gyrations, as did those at fellow banks Morgan Stanley (MS) and Goldman Sachs (GS). Read more: Full earnings coverage in our live blog At the same time, markets took in a wholesale inflation checkup on Wednesday that provided better news on price pressures. The Producer Price Index print for June came in unchanged on a monthly basis and rose 2.3% year over year, below estimates. The release came after the latest Consumer Price Index reading spurred traders to pare bets on Federal Reserve interest rate cuts. Tuesday's CPI report showed inflation accelerated in June. It rose at its fastest year-over-year clip since February, with signs of tariff-driven inflation starting to show up in the data. Read more: The latest on Trump's tariffs Trump: Powell does a 'terrible job,' but says 'not talking about' firing Fed chair Just moments after reporting from multiple outlets suggested President Trump was moving closer to firing Federal Reserve Chair Jerome Powell, Trump said he's "not talking about" firing Powell. 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The dollar index fell about 0.7%. Trump has for some time complained about Powell's lack of aggressive rate cuts this year, saying the Fed chair is "too late," among other barbs. And while the spat between Trump and Powell — who was named Fed chair by Trump during his first term in office — has now spanned multiple administrations, some on Wall Street also see Trump's desire to cut Powell as coming back to aiding his key economic agenda: tariffs. "There is method to President Donald Trump's madness regarding Fed Chair Jerome Powell," Ed Yardeni of Yardeni Research wrote in a note to clients on July 1. "Trump has been hammering Powell almost daily recently because doing so is very effectively hammering the foreign-exchange value of the dollar. Trump wants a weaker dollar to boost US exports and depress US imports. He has said that he favored a weaker dollar many times in the past, but now he has found a way to achieve that: by beating up on Powell." As for whether Trump will be able to fire Powell, the Supreme Court in May issued a ruling that walled off the Federal Reserve from other independent agencies that had their leaders removed by Trump. Stocks sink as Trump moves to fire Powell President Trump asked Republican members of the House of Representatives if he should fire Fed Chair Jerome Powell in the Oval Office on Tuesday night, CBS News reported Wednesday, citing unnamed sources. The New York Times reported that Trump had showed off a draft of a letter firing Powell during the meeting. The Republican representatives voiced approval for such a move, CBS reported. Shortly after the CBS report, Bloomberg reported that Trump is likely to fire Powell soon, citing a White House official. All three major indexes fell after the news to touch lows for the day. The S&P 500 (^GSPC) fell 0.45%, while the Dow Jones Industrial Average (^DJI) fell 0.3%. The Nasdaq Composite (^IXIC) dropped nearly 0.6%. The US Dollar DXY ( fell roughly 0.9% following the news. Meanwhile, bets on Fed rate cuts rose from earlier in the day after weaker-than-expected inflation data out earlier Wednesday morning. As of late Wednesday morning, traders saw a more than 70% chance of the Fed cutting rates in September, versus roughly 56% earlier in the day, according to CME Group. Expectations for Fed rate cuts in September are falling Investor speculation that the Fed will hold rates steady not just this month but also in September is growing. According to the CME Group, traders are pricing in a 44% chance that the Fed will not cut rates in September, up from 30% last week. Investors see a more than 54% probability of a 25 basis point cut in September, down from roughly 66% last week. And traders are betting that there's a slim 1.4% chance that the central bank will cut rates by 50 basis points, down from 4.2% last week. Johnson & Johnson stock climbs after earnings beat Johnson & Johnson (JNJ) stock climbed nearly 5% Wednesday after the drugmaker's latest earnings results topped expectations and the company raised its financial outlook for the year. The pharma giant reported revenues of $23.7 billion, higher than the $22.8 billion expected by Wall Street analysts. Earnings per share came in at $2.77, compared to the $2.66 projected, Yahoo Finance's Anjalee Khemlani reports. The company also raised its revenue guidance for the year to a range between $93.2 billion and $93.6 billion, up from its prior range of $91 billion to $91.8 billion. J&J lifted full-year earnings per share guidance by $0.25 to $10.85. Khemlani writes: Read more about J&J's latest earnings results here. US stocks edge up at the open US stocks inched higher Wednesday morning as investors digested another round of corporate earnings results and a wholesale inflation checkup. The Dow Jones Industrial Average (^DJI) rose about 0.3% after shedding over 400 points on Tuesday, while the S&P 500 (^GSPC) was up nearly 0.2%. The tech-heavy Nasdaq Composite (^IXIC) was just above the flat line after notching a fresh record Tuesday as AI chipmaker Nvidia (NVDA) hit a new high. Shares of Johnson & Johnson (JNJ), Bank of America (BAC), and Goldman Sachs (GS) rose after reporting solid earnings results, while Morgan Stanley (MS) stock fell despite the bank's own earnings report topping Wall Street's projections. Trending tickers: J&J, ASML, Goldman Sachs, SharpLink Gaming Here's a look a the top trending tickers in premarket trading as earnings season kicks off: Read more live coverage of earnings season here. Wholesale prices increase less than expected in June Wholesale prices rose less than expected in June. Wednesday's report from the Bureau of Labor Statistics showed that its producer price index (PPI) — which tracks the price changes companies see — rose 2.3% from the year prior, below the 2.7% seen in May and lower than the 2.5% increase economists had projected. On a monthly basis, prices were flat. Economists had expected 0.2% increase. Excluding food and energy, "core" prices rose 2.6% year over year, below the 3.2% gain seen in May. Economists had expected an increase of 2.7%. Meanwhile, month-over-month core prices were flat below the 0.2% increase economists had expected and the 0.3% gain seen last month. The report follows Tuesday's Consumer Price Index (CPI) report which showed core price increases accelerated to 2.9% in June. Goldman stock gains as trading and dealmaking boosts profits Shares of Goldman Sachs (GS), JPMorgan Chase (JPM), and Citigroup (C) were moving higher in premarket trading on Wednesday after the Wall Street firms reported higher dealmaking and trading revenue this week to kick off earnings season. Yahoo Finance's David Hollerith reports: Read more here. Markets are now ho-hum about tariff threats. Trump and Wall Street disagree about why. Yahoo Finance's Ben Werschkul reports: Read more here. Chip linchpin ASML warns on 2026 growth amid tariff headwinds ASML (ASML, shares slumped almost 8% in premarket trading after the chip industry linchpin said it may not achieve growth in 2026. The warning came even as the world's biggest supplier of chipmaking gear's second quarter bookings topped Wall Street estimates on Wednesday. Reuters reported: Read more here. 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Trump: Powell does a 'terrible job,' but says 'not talking about' firing Fed chair Just moments after reporting from multiple outlets suggested President Trump was moving closer to firing Federal Reserve Chair Jerome Powell, Trump said he's "not talking about" firing Powell. Speaking to reporters in the Oval Office, Trump was asked about whether he'd try to remove Powell and while he reiterated his view Powell is not doing a good job and should be lowering rates, he's not considering firing the Fed chair, noting that his term is up in May. In response, stocks moved off session lows and were trading little-changed. Just moments after reporting from multiple outlets suggested President Trump was moving closer to firing Federal Reserve Chair Jerome Powell, Trump said he's "not talking about" firing Powell. Speaking to reporters in the Oval Office, Trump was asked about whether he'd try to remove Powell and while he reiterated his view Powell is not doing a good job and should be lowering rates, he's not considering firing the Fed chair, noting that his term is up in May. In response, stocks moved off session lows and were trading little-changed. Dollar crushed as Trump appears to move closer to firing Powell The drumbeat that President Trump will fire Fed Chair Jerome Powell got louder Wednesday, with reporting from CBS News, Bloomberg, CNBC, and The New York Times all adding to the sense that Trump is getting closer to making the unprecedented move. Stocks were lower following the news, but the biggest move in markets was coming from the foreign exchange market, where the dollar was getting crushed against other major currencies. The dollar quickly fell as much as 1% against the Japanese yen, lost about 0.7% against the euro, and fell about 0.5% against the British pound. The dollar index fell about 0.7%. Trump has for some time complained about Powell's lack of aggressive rate cuts this year, saying the Fed chair is "too late," among other barbs. And while the spat between Trump and Powell — who was named Fed chair by Trump during his first term in office — has now spanned multiple administrations, some on Wall Street also see Trump's desire to cut Powell as coming back to aiding his key economic agenda: tariffs. "There is method to President Donald Trump's madness regarding Fed Chair Jerome Powell," Ed Yardeni of Yardeni Research wrote in a note to clients on July 1. "Trump has been hammering Powell almost daily recently because doing so is very effectively hammering the foreign-exchange value of the dollar. Trump wants a weaker dollar to boost US exports and depress US imports. He has said that he favored a weaker dollar many times in the past, but now he has found a way to achieve that: by beating up on Powell." As for whether Trump will be able to fire Powell, the Supreme Court in May issued a ruling that walled off the Federal Reserve from other independent agencies that had their leaders removed by Trump. The drumbeat that President Trump will fire Fed Chair Jerome Powell got louder Wednesday, with reporting from CBS News, Bloomberg, CNBC, and The New York Times all adding to the sense that Trump is getting closer to making the unprecedented move. Stocks were lower following the news, but the biggest move in markets was coming from the foreign exchange market, where the dollar was getting crushed against other major currencies. The dollar quickly fell as much as 1% against the Japanese yen, lost about 0.7% against the euro, and fell about 0.5% against the British pound. The dollar index fell about 0.7%. Trump has for some time complained about Powell's lack of aggressive rate cuts this year, saying the Fed chair is "too late," among other barbs. And while the spat between Trump and Powell — who was named Fed chair by Trump during his first term in office — has now spanned multiple administrations, some on Wall Street also see Trump's desire to cut Powell as coming back to aiding his key economic agenda: tariffs. "There is method to President Donald Trump's madness regarding Fed Chair Jerome Powell," Ed Yardeni of Yardeni Research wrote in a note to clients on July 1. "Trump has been hammering Powell almost daily recently because doing so is very effectively hammering the foreign-exchange value of the dollar. Trump wants a weaker dollar to boost US exports and depress US imports. He has said that he favored a weaker dollar many times in the past, but now he has found a way to achieve that: by beating up on Powell." As for whether Trump will be able to fire Powell, the Supreme Court in May issued a ruling that walled off the Federal Reserve from other independent agencies that had their leaders removed by Trump. Stocks sink as Trump moves to fire Powell President Trump asked Republican members of the House of Representatives if he should fire Fed Chair Jerome Powell in the Oval Office on Tuesday night, CBS News reported Wednesday, citing unnamed sources. The New York Times reported that Trump had showed off a draft of a letter firing Powell during the meeting. The Republican representatives voiced approval for such a move, CBS reported. Shortly after the CBS report, Bloomberg reported that Trump is likely to fire Powell soon, citing a White House official. All three major indexes fell after the news to touch lows for the day. The S&P 500 (^GSPC) fell 0.45%, while the Dow Jones Industrial Average (^DJI) fell 0.3%. The Nasdaq Composite (^IXIC) dropped nearly 0.6%. The US Dollar DXY ( fell roughly 0.9% following the news. Meanwhile, bets on Fed rate cuts rose from earlier in the day after weaker-than-expected inflation data out earlier Wednesday morning. As of late Wednesday morning, traders saw a more than 70% chance of the Fed cutting rates in September, versus roughly 56% earlier in the day, according to CME Group. President Trump asked Republican members of the House of Representatives if he should fire Fed Chair Jerome Powell in the Oval Office on Tuesday night, CBS News reported Wednesday, citing unnamed sources. The New York Times reported that Trump had showed off a draft of a letter firing Powell during the meeting. The Republican representatives voiced approval for such a move, CBS reported. Shortly after the CBS report, Bloomberg reported that Trump is likely to fire Powell soon, citing a White House official. All three major indexes fell after the news to touch lows for the day. The S&P 500 (^GSPC) fell 0.45%, while the Dow Jones Industrial Average (^DJI) fell 0.3%. The Nasdaq Composite (^IXIC) dropped nearly 0.6%. The US Dollar DXY ( fell roughly 0.9% following the news. Meanwhile, bets on Fed rate cuts rose from earlier in the day after weaker-than-expected inflation data out earlier Wednesday morning. As of late Wednesday morning, traders saw a more than 70% chance of the Fed cutting rates in September, versus roughly 56% earlier in the day, according to CME Group. Expectations for Fed rate cuts in September are falling Investor speculation that the Fed will hold rates steady not just this month but also in September is growing. According to the CME Group, traders are pricing in a 44% chance that the Fed will not cut rates in September, up from 30% last week. Investors see a more than 54% probability of a 25 basis point cut in September, down from roughly 66% last week. And traders are betting that there's a slim 1.4% chance that the central bank will cut rates by 50 basis points, down from 4.2% last week. Investor speculation that the Fed will hold rates steady not just this month but also in September is growing. According to the CME Group, traders are pricing in a 44% chance that the Fed will not cut rates in September, up from 30% last week. Investors see a more than 54% probability of a 25 basis point cut in September, down from roughly 66% last week. And traders are betting that there's a slim 1.4% chance that the central bank will cut rates by 50 basis points, down from 4.2% last week. Johnson & Johnson stock climbs after earnings beat Johnson & Johnson (JNJ) stock climbed nearly 5% Wednesday after the drugmaker's latest earnings results topped expectations and the company raised its financial outlook for the year. The pharma giant reported revenues of $23.7 billion, higher than the $22.8 billion expected by Wall Street analysts. Earnings per share came in at $2.77, compared to the $2.66 projected, Yahoo Finance's Anjalee Khemlani reports. The company also raised its revenue guidance for the year to a range between $93.2 billion and $93.6 billion, up from its prior range of $91 billion to $91.8 billion. J&J lifted full-year earnings per share guidance by $0.25 to $10.85. Khemlani writes: Read more about J&J's latest earnings results here. Johnson & Johnson (JNJ) stock climbed nearly 5% Wednesday after the drugmaker's latest earnings results topped expectations and the company raised its financial outlook for the year. The pharma giant reported revenues of $23.7 billion, higher than the $22.8 billion expected by Wall Street analysts. Earnings per share came in at $2.77, compared to the $2.66 projected, Yahoo Finance's Anjalee Khemlani reports. The company also raised its revenue guidance for the year to a range between $93.2 billion and $93.6 billion, up from its prior range of $91 billion to $91.8 billion. J&J lifted full-year earnings per share guidance by $0.25 to $10.85. Khemlani writes: Read more about J&J's latest earnings results here. US stocks edge up at the open US stocks inched higher Wednesday morning as investors digested another round of corporate earnings results and a wholesale inflation checkup. The Dow Jones Industrial Average (^DJI) rose about 0.3% after shedding over 400 points on Tuesday, while the S&P 500 (^GSPC) was up nearly 0.2%. The tech-heavy Nasdaq Composite (^IXIC) was just above the flat line after notching a fresh record Tuesday as AI chipmaker Nvidia (NVDA) hit a new high. Shares of Johnson & Johnson (JNJ), Bank of America (BAC), and Goldman Sachs (GS) rose after reporting solid earnings results, while Morgan Stanley (MS) stock fell despite the bank's own earnings report topping Wall Street's projections. US stocks inched higher Wednesday morning as investors digested another round of corporate earnings results and a wholesale inflation checkup. The Dow Jones Industrial Average (^DJI) rose about 0.3% after shedding over 400 points on Tuesday, while the S&P 500 (^GSPC) was up nearly 0.2%. The tech-heavy Nasdaq Composite (^IXIC) was just above the flat line after notching a fresh record Tuesday as AI chipmaker Nvidia (NVDA) hit a new high. Shares of Johnson & Johnson (JNJ), Bank of America (BAC), and Goldman Sachs (GS) rose after reporting solid earnings results, while Morgan Stanley (MS) stock fell despite the bank's own earnings report topping Wall Street's projections. Trending tickers: J&J, ASML, Goldman Sachs, SharpLink Gaming Here's a look a the top trending tickers in premarket trading as earnings season kicks off: Read more live coverage of earnings season here. Here's a look a the top trending tickers in premarket trading as earnings season kicks off: Read more live coverage of earnings season here. Wholesale prices increase less than expected in June Wholesale prices rose less than expected in June. Wednesday's report from the Bureau of Labor Statistics showed that its producer price index (PPI) — which tracks the price changes companies see — rose 2.3% from the year prior, below the 2.7% seen in May and lower than the 2.5% increase economists had projected. On a monthly basis, prices were flat. Economists had expected 0.2% increase. Excluding food and energy, "core" prices rose 2.6% year over year, below the 3.2% gain seen in May. Economists had expected an increase of 2.7%. Meanwhile, month-over-month core prices were flat below the 0.2% increase economists had expected and the 0.3% gain seen last month. The report follows Tuesday's Consumer Price Index (CPI) report which showed core price increases accelerated to 2.9% in June. Wholesale prices rose less than expected in June. Wednesday's report from the Bureau of Labor Statistics showed that its producer price index (PPI) — which tracks the price changes companies see — rose 2.3% from the year prior, below the 2.7% seen in May and lower than the 2.5% increase economists had projected. On a monthly basis, prices were flat. Economists had expected 0.2% increase. Excluding food and energy, "core" prices rose 2.6% year over year, below the 3.2% gain seen in May. Economists had expected an increase of 2.7%. Meanwhile, month-over-month core prices were flat below the 0.2% increase economists had expected and the 0.3% gain seen last month. The report follows Tuesday's Consumer Price Index (CPI) report which showed core price increases accelerated to 2.9% in June. Goldman stock gains as trading and dealmaking boosts profits Shares of Goldman Sachs (GS), JPMorgan Chase (JPM), and Citigroup (C) were moving higher in premarket trading on Wednesday after the Wall Street firms reported higher dealmaking and trading revenue this week to kick off earnings season. Yahoo Finance's David Hollerith reports: Read more here. Shares of Goldman Sachs (GS), JPMorgan Chase (JPM), and Citigroup (C) were moving higher in premarket trading on Wednesday after the Wall Street firms reported higher dealmaking and trading revenue this week to kick off earnings season. Yahoo Finance's David Hollerith reports: Read more here. Markets are now ho-hum about tariff threats. Trump and Wall Street disagree about why. Yahoo Finance's Ben Werschkul reports: Read more here. Yahoo Finance's Ben Werschkul reports: Read more here. Chip linchpin ASML warns on 2026 growth amid tariff headwinds ASML (ASML, shares slumped almost 8% in premarket trading after the chip industry linchpin said it may not achieve growth in 2026. The warning came even as the world's biggest supplier of chipmaking gear's second quarter bookings topped Wall Street estimates on Wednesday. Reuters reported: Read more here. ASML (ASML, shares slumped almost 8% in premarket trading after the chip industry linchpin said it may not achieve growth in 2026. The warning came even as the world's biggest supplier of chipmaking gear's second quarter bookings topped Wall Street estimates on Wednesday. Reuters reported: Read more here. Gold rises as trade war fears bolster haven asset Gold (GC=F) rose overnight Tuesday as a wave of tariff updates did little to appease flighty investors looking for safe investments. With multiple rocky trade deals on the table, markets have pushed back into the valuable metal which has risen by over 25% this year so far. Bloomberg reports: Read more here. Gold (GC=F) rose overnight Tuesday as a wave of tariff updates did little to appease flighty investors looking for safe investments. With multiple rocky trade deals on the table, markets have pushed back into the valuable metal which has risen by over 25% this year so far. Bloomberg reports: Read more here. Trump order to open up private investment to retirement plans. President Trump is in the process of signing an executive order that will allow retirement plan providers to invest more heavily in private assets, according to those familiar with the matter. The order should take place within the next few days and will open up retirement plans to riskier investments. Reuters reports: Read more here. President Trump is in the process of signing an executive order that will allow retirement plan providers to invest more heavily in private assets, according to those familiar with the matter. The order should take place within the next few days and will open up retirement plans to riskier investments. Reuters reports: Read more here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
USA Today
23 minutes ago
- USA Today
Gannett taps former People editor-in-chief as executive editor of entertainment
USA TODAY parent company Gannett named Wendy Naugle, former editor-in-chief for People, as its new executive editor of entertainment. USA TODAY parent company Gannett has tapped former People editor-in-chief Wendy Naugle as its new executive editor of entertainment. Naugle will oversee the entertainment strategy at USA TODAY and Gannett's 200-plus local publications with a focus on driving audience and revenue growth. She will report to Monica Richardson, senior vice president of USA TODAY, starting July 28. 'Wendy's exceptional editorial vision and deep industry knowledge will be instrumental in shaping the future of our entertainment coverage," Richardson said in a Gannett news release. 'We are confident that her experience will help connect with our audiences in meaningful and innovative ways across all platforms.' Naugle's introduction to the company comes amid a shift at Gannett toward deep engagement with readers on a local level across its national network of community-based newsrooms and a strategic focus at the national level on competitive subject areas like entertainment and sports, in addition to national breaking news, wellness and consumer-focused coverage. 'We're giving our consumers more reasons to come to us, more reasons to stay, more reasons to engage with our partners and more reasons to subscribe,' President of Gannett Media Kristin Roberts said in a May earnings call. Naugle's role in that strategy includes transforming the USA TODAY Network into the country's leading entertainment brand, going head-to-head with top entertainment sites. Naugle's arrival is the latest change in Gannett's leadership team. The company in June named Joe Miranda, former executive vice president, chief digital and technology officer of Herbalife, as chief technology and data officer. Trisha Gosser was named chief financial officer in March after serving as the deputy CFO, succeeding Douglas Horne. A graduate from Drake University in Des Moines, Iowa, Naugle joined Dotdash Meredith's People in 2019 as deputy editor before moving into the role of editor-in-chief in 2022. She helped transform the brand into a top 10 site in the U.S., reinvigorated franchises like Sexiest Man Alive, and led issues on climate change, LGBTQ+ Pride, Black History Month and People of the Year, according to Gannett. She left the company in January to complete a novel. Previously, she worked as executive editor at Condé Nast's Glamour for nearly 20 years, where she managed its transition into digital-first content, as well as its annual Women of the Year awards and summit. She also oversaw the launch of Glamour's first podcast series and an award-winning campaign against domestic violence. Her stories on subjects like breast implants, health insurance and reproductive rights won two National Magazine Awards for Personal Service and a National Press Club Consumer Journalism Award, among other honors, according to Dotdash Meredith. Naugle also served on the board of the NYU Center for Publishing. Naugle said she aims to use entertainment news to connect communities across the country. 'It's an incredible opportunity in entertainment right now. Of course, we all think of Hollywood and Los Angeles, but entertainment is so much more than that,' she said. 'We see exciting things happening in music in Nashville, and there's more filming than ever in Atlanta. So, entertainment is changing, and I think Gannett and the USA TODAY Network are really uniquely suited to capitalize on all of those opportunities in the entertainment landscape.'
USA Today
23 minutes ago
- USA Today
Trump denies plans to fire Fed chairman - despite what he told Republicans
President Trump denied he plans to fire Federal Reserve chairman Jerome Powell after telling Republican lawmakers he would likely make the move. WASHINGTON − President Donald Trump denied Wednesday that he plans to fire Federal Reserve chairman Jerome Powell after telling Republican lawmakers he would likely make the move. "No, I'm not talking about that. Fortunately, we get to make a change in the next eight months or so," Trump told reporters on July 16 during an Oval Office meeting with the crown prince of Bahrain. Trump informed Republican lawmakers in an Oval Office meeting Tuesday night that he planned to likely soon fire Powell after polling them on what he should do, a senior White House official told USA TODAY. "Almost all of them said I should, but I'm more conservative," Trump said, calling new reports that he plans to fire Powell "not true." For months, Trump has criticized Powell ‒ who he appointed to the post during his first term ‒ for not lowering interest rates. "I think he's done a terrible job. He's costing us a lot of money," Trump said, but stopped short of saying he will fire Powell. The Fed on July 11 declined to comment on rumors of Powell stepping down, but directed USA TODAY to the many times Powell has said he intends to serve his term, set to end May 2026. "I don't rule anything out, but I think it's highly unlikely," Trump said. "Unless he has to leave for fraud." This is a developing story.
