Good morning! It's Daniel de Visé with your Daily Money.
The Federal Reserve meets this week for the first time since recent high inflation readings dampened hopes that the central bank will lower interest rates three times this year, Paul Davidson reports.
The prospect of three rate cuts had juiced the stock market and led analysts to boost their 2024 economic growth forecasts.
What will the Fed decide?
Annuities are an essential component of the American retirement system, starting with Social Security. Why, then, do so few Americans understand them?
Most of us, it seems, are pretty much clueless about annuities. In one recent study, the American College of Financial Services gave older Americans a score of 12% out of a possible 100% for their knowledge, based on their performance on a short quiz.
Only about 10% of Americans own commercial annuities. It would be great, many retirement scholars say, if a lot more of us bought them.
Here are the reasons.
Panera has made its signature bread bowl into a fashion statement. And not a quiet one.
The bakery company launched a limited-edition "Bread Head" hat on Monday, Anthony Robledo reports. The cap combines a 3D-printed bread bowl replica with vibrant ostrich feathers and a gold spoon.
As one commenter observed, the hat "kind of looks like a bird tried to make a nest out of stale leftovers."
The hats, priced at $21 apiece, sold out in a single day.
But wait: More bread hats may be coming.
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.
Daniel de Visé covers personal finance for USA Today.
2024-12-25 09:342236 view
2024-12-25 09:092389 view
2024-12-25 08:402616 view
2024-12-25 08:33117 view
2024-12-25 07:57478 view
2024-12-25 07:502573 view
Tuesday's Mega Millions jackpot soared to an estimated $619 million for Tuesday's drawing.The jackpo
The global energy transition has reached a pivot point in which fossil fuels have likely peaked in t
Forget the Avengers, the writers and the actors are assembling.After the Writers Guild of America of