Latest news with #DanieldeVisé
USA Today
3 days ago
- Business
- USA Today
The Daily Money: Is Fed Chair Powell on the way out?
Good morning! It's Daniel de Visé with your Daily Money. President Donald Trump said Wednesday he's hunting for a new Federal Reserve chair to replace Jerome Powell and has narrowed his search to 'three or four people.' Can Trump replace Powell? Who are the three or four people? Paul Davidson has our report. All you need to know about the Trump tax bill President Donald Trump's "Big Beautiful Bill" has traveled a long road through Congress, surviving many political tweaks and tradeoffs. In a new report, my colleagues collect the items in the bill that will likely have the biggest impact on your lives and your dollars, from tax cuts to program cuts. It's all you need to know about the Trump tax bill. Are those Trump phones really made in America? President Trump's newly launched cellular service is defending its claims that its T1 cellphones are produced in the United States. But are they, really? The device's website no longer touts the "made in America" message it displayed when it launched. Instead, it uses language like "brought to life right here in the USA," and "proudly American." Here's a full report on the phones, their provenance, and their price tag. 📰 More stories you shouldn't miss 📰 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.
USA Today
4 days ago
- Business
- USA Today
The Daily Money: When can we expect a rate cut?
Good morning! It's Daniel de Visé with your Daily Money, Jerome Powell edition. Despite intensifying political pressure, the Federal Reserve chair is standing by the central bank's wait-and-see approach to interest rate cuts. Powell repeated Tuesday that the Fed plans to assess the effects of President Donald Trump's tariffs before lowering rates, brushing off mounting pressure from both Trump, his own Fed colleagues, and Republican lawmakers. When, then, can we expect a rate cut? Lawmakers seek answers to housing crisis As the housing crisis deepens across the United States, policymakers are increasingly looking for answers. On June 24, Rep. Rashida Tlaib, D-Michigan., brought concerns about housing costs to an unlikely venue: the semiannual testimony of Jerome Powell on Capitol Hill. More than half of the Black women in the counties Tlaib represents have experienced some sort of eviction, she said. Those numbers, she said, are 'horrific.' But what can the Federal Reserve do about the housing crisis? Answers here. 📰 More stories you shouldn't miss 📰 🍔 Today's Menu 🍔 Soon, original glazed doughnuts will no longer be dessert options alongside Oreo McFlurrys and Hot Fudge Sundaes: McDonald's and Krispy Kreme have announced the end of their partnership. Earlier this year, the fast food giant began offering three types of Krispy Kreme treats at about 2,400 McDonald's locations. Why stop now? 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.
USA Today
5 days ago
- Business
- USA Today
The Daily Money: Where's the beef? At McDonald's.
Good morning! It's Daniel de Visé with your Daily Money. Where's the beef? This week, at McDonald's. A boycott targeting the fast-food chain, slated to begin today, is the latest in a series of consumer actions from the grassroots advocacy group The People's Union USA. Here's more on the boycott and its goals. The rising challenge of finding affordable homes A new report from one of the nation's premier housing research groups confirms what many of us already know: Residential real estate is pulling further away from ordinary Americans, becoming more expensive, less attainable, and increasingly stymying efforts to make a market that works for everyone. The State of the Nation's Housing 2025, from the Joint Center for Housing Studies of Harvard University, lays out the numbers in stark detail. Health insurers take aim at prior authorizations Large health insurance companies have vowed to reform a common tool they use to vet requests before letting doctors bill for medical services or prescriptions. UnitedHealthcare, Blue Cross Blue Shield, Cigna, Kaiser Permanente, Humana and other health insurance companies on June 23 announced plans to "streamline, simplify and reduce prior authorizations." Here's how prior authorizations work, and what's changing. 📰 More stories you shouldn't miss 📰 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.
USA Today
6 days ago
- Business
- USA Today
The Daily Money: Will those bombs rattle the US economy?
Good morning! It's Daniel de Visé with your Daily Money. Well, it was a busy weekend. The surprise U.S. attack on Iranian nuclear sites could ratchet up the pressure on an American economy that's turned increasingly fragile as a weekslong global trade war takes its toll. Here is how the bombs might reverberate on the economy back home. The 'big, beautiful bill': An update The Senate released its revisions to the legislation dubbed the "One Big Beautiful Bill" by President Donald Trump this week, a measure previously passed by the House. Inquiring minds may want to know if the Senate version of the bill is better or worse for American taxpayers. Medora Lee explains. Dump you spouse, not your assets For a midlife man or woman trapped in a failing marriage, a 'gray divorce' can bring liberation. And financial ruin. A man can expect his standard of living to decline by 21% after a gray divorce. A woman's standard of living will possibly plunge by 45%. Both partners see their wealth decline by half. Here are seven tips for managing your finances in a gray divorce. 📰 More stories you shouldn't miss 📰 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.
USA Today
18-06-2025
- Business
- USA Today
The Daily Money: Canada cools on American real estate
The Daily Money: Canada cools on American real estate Good morning! It's Daniel de Visé with your Daily Money. Belligerent rhetoric from the White House and combative trade negotiations are denting Canadian interest in owning American property, just as the housing market south of their shared border is starting to cool. Canadians made up the biggest share of foreign buyers of U.S. residential real estate in 2024. But now, their interest seems to be waning. Being openly gay, trans or nonbinary at work just got tougher Five years ago, a technology executive landed a seat on the board of directors of a big corporation. As a person of color who identifies as nonbinary, they were thrilled: Their new company not only embraced their professional credentials, it touted their gender identity, as well. But with attacks on diversity, equity and inclusion spiking as a polarized nation hurtled toward the 2024 election, corporations retreated from public expressions of support for gay, transgender and nonbinary rights. Suddenly, their company did not seem so proud. After years of civil rights advances and hard-fought wins in the workplace, being openly gay, trans or nonbinary in corporate America just got tougher – especially at the top. Juneteenth faces a DEI backlash As protests against racial injustice gripped the nation in 2020, major corporations rushed to observe Juneteenth and give their employees the day off. Five years later, they are still commemorating the holiday, but not with the same fanfare. 📰 More stories you shouldn't miss 📰 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.
