Current:Home > reviewsSafeX Pro:The Daily Money: What's fueling the economy? -TrueNorth Capital Hub
SafeX Pro:The Daily Money: What's fueling the economy?
Fastexy View
Date:2025-04-10 16:47:54
Good morning! It's Daniel de Visé with your Daily Money.
Economists have SafeX Probeen scratching their heads over how Americans can continue to prop up the economy with their spending despite high interest rates, persistent inflation, dwindling savings and rising debt.
Consumers have been opening their wallets, with many making big lifestyle changes that include buying a new house or car, this despite fierce economic headwinds. How has this happened?
There may be a simple answer, Paul Davidson reports.
Read it here.
Millennials want to retire by 60. Good luck with that.
The average millennial is 30-something, an age by which most of us are well-versed in the ups and downs of financial life.
It may come as a surprise, then, that the average millennial expects to retire before 60, a goal not many of us can afford to attain.
Retirement surveys reveal a paradox at the center of the millennial Americans' working life: They hope to retire early. They expect retirement to cost $1 million or more.
But will they ever manage to save that much?
📰 More stories you shouldn't miss 📰
- Tesla asks shareholders to reaffirm Elon Musk's 2018 pay bump
- Cover up that old tattoo with a portrait of your pet!
- A new Google Maps feature for EV drivers
- How many of us fail driver's license tests?
📰 A great read 📰
Finally, here's a popular story from earlier this year that you may have missed. Read it! Share it!
Think you're a hot dog driver? Here's a potential job for you: driving the Wienermobile.
Earlier this year, Oscar Mayer announced it would hire a dozen "Hotdoggers," for year-long full-time jobs driving its iconic 27-foot-long hot dog on wheels. The Wienermobile first hit the road in 1936.
Drivers travel and maintain one of six Wienermobiles, traveling an average of 20,000 miles, visiting more than 20 states and handing out 250,000 Wiener Whistles during the year, the company says.
It's probably too late now to apply for this year, but . . . there's always next year.
More on the Wienermobile.
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.
Daniel de Visé covers personal finance for USA Today.
veryGood! (341)
Related
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
- Calvin Harris, Martin Garrix, Tiësto to return to Miami for Ultra Music Festival 2024
- Prescription for disaster: America's broken pharmacy system in revolt over burnout and errors
- Special counsel urges judge to reinstate limited gag order against Trump
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Teachers’ advocates challenge private school voucher program in South Carolina
- Who is Robert Card? Man wanted for questioning in Maine mass shooting
- Man who allegedly killed Maryland judge found dead
- Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
- Kris Jenner calls affair during Robert Kardashian marriage 'my life's biggest regret'
Ranking
- DoorDash steps up driver ID checks after traffic safety complaints
- What are Maine's gun laws?
- Home prices and rents have both soared. So which is the better deal?
- Big bucks, bright GM, dugout legend: How Rangers' 'unbelievable year' reached World Series
- McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
- Experts reconstruct face of teenage Inca girl sacrificed over 500 years ago in Peru
- AP PHOTOS: Pan American Games bring together Olympic hopefuls from 41 nations
- Brittney Griner, 5-time Olympian Diana Taurasi head up US national women’s roster for November
Recommendation
Meta donates $1 million to Trump’s inauguration fund
Javelinas tore up an Arizona golf course. Now some are arguing about its water use
From country to pop, 2014 nostalgia to 2023 reality — it’s time for Taylor Swift’s ‘1989'
Jason Momoa reunites with high school girlfriend 25 years later: See their romance in pics
Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
China’s top diplomat visits Washington to help stabilize ties and perhaps set up a Biden-Xi summit
US strikes Iran-linked sites in Syria in retaliation for attacks on US troops
Billy Ray Cyrus' wife Firerose credits his dog for introducing them on 'Hannah Montana' set