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Author: Medora Lee, USA TODAY

Money

Biden to shrink discretionary income: What is it? Why it matters in student loan repayment

August 24, 2022August 25, 2022Medora Lee, USA TODAYComments Off on Biden to shrink discretionary income: What is it? Why it matters in student loan repayment

To offer future student borrowers relief, Biden plans to cut their discretionary income. How does he plan to do that and how will that help?

News

Biden student loan plan

August 24, 2022August 29, 2022Medora Lee, USA TODAYComments Off on Biden student loan plan

What to know

Tech

‘Quiet quitting’ trend may lead to layoffs, and complicate the Fed’s inflation fight

August 18, 2022August 22, 2022Medora Lee, USA TODAYComments Off on ‘Quiet quitting’ trend may lead to layoffs, and complicate the Fed’s inflation fight

Quiet quitters hurt productivity, complicating the Fed’s plan to rein in prices and maintain a strong labor market.

Money

Christmas is right around the corner. Here’s how inflation could affect holiday shopping.

August 18, 2022August 18, 2022Medora Lee, USA TODAYComments Off on Christmas is right around the corner. Here’s how inflation could affect holiday shopping.

Back-to-school shopping is over, but holiday shopping’s just starting. Shelves should be fuller but mostly with lower-priced items as inflation bites.

Money

How much should credit card processing fees be? A new bill says not so high

August 12, 2022August 14, 2022Medora Lee, USA TODAYComments Off on How much should credit card processing fees be? A new bill says not so high

Retailers and payment processors go to war over whether a bill aiming to curb how much retailers pay to process credit cards would help consumers.

Money

Next Fed rate hike size may be based on soaring ‘core’ costs, not energy prices

August 10, 2022August 10, 2022Medora Lee, USA TODAYComments Off on Next Fed rate hike size may be based on soaring ‘core’ costs, not energy prices

Overall consumer inflation probably eased in July, but the core rate likely rose. That may mean another big Fed rate hike ahead.

Money

Rent’s the new gas: Surging rental prices become a top inflation worry. Who’s hit hardest?

August 9, 2022August 10, 2022Medora Lee, USA TODAYComments Off on Rent’s the new gas: Surging rental prices become a top inflation worry. Who’s hit hardest?

Consumers can’t get a break. Just as gas prices are easing, ongoing rent increases are taking over in pinching consumer budgets.

Money

Missing Mega Millions mania? Try prize-linked savings to party on. Here’s how they work

August 8, 2022Medora Lee, USA TODAYComments Off on Missing Mega Millions mania? Try prize-linked savings to party on. Here’s how they work

If you’re feeling sad the excitement of Mega Millions drawing is over, check out prized-link savings accounts. Just save, no need for winning numbers.

Money

How inflation’s wrath, recession fears are heading into middle, upper, class America

August 4, 2022August 12, 2022Medora Lee, USA TODAYComments Off on How inflation’s wrath, recession fears are heading into middle, upper, class America

High-income consumers, who generate a disproportionate share of spending, are also starting to feel gloomier, which can translate into spending cuts.

Money

State tax holidays are coming: Here’s when you can get relief on back-to-school supplies

August 2, 2022August 3, 2022Medora Lee, USA TODAYComments Off on State tax holidays are coming: Here’s when you can get relief on back-to-school supplies

Parents seeking relief from inflation and back-to-school prices need this list to see if (and when) their state is offering a tax holiday in 2022.

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Headlines

‘Never seen anything like this’: Idalia deluge still wreaking havoc in Southeast. Live updates

August 31, 2023August 31, 2023John Bacon, Douglas Soule and Christopher Cann, USA TODAY

A State Department office is giving young people a voice. Abby Finkenauer is leading the effort

August 31, 2023Rachel Looker, USA TODAY

Far-right candidate seduces Argentine electorate

August 31, 2023AP

Hundreds join Nepal gay pride rally

August 31, 2023AP

Gadget guru or digitally distracted? Which of these 5 tech personalities are you?

August 31, 2023Jennifer Jolly

These kids are good: Young Reds in pursuit of a pennant stretch to remember

August 31, 2023Bob Nightengale, USA TODAY

Dog repeatedly escapes Michigan shelter, sneaks into nursing home, is adopted by residents

August 31, 2023John Carlisle, Detroit Free Press

U.S. Embassy urges Americans to leave Haiti ‘as soon as possible’

August 31, 2023Kim Hjelmgaard, USA TODAY

Kia recalls nearly 320,000 cars because the trunk may not open from the inside

August 31, 2023Francisco Guzman, USA TODAY

PCE inflation report: Key measure ticks higher in July. What will the Fed do?

August 31, 2023August 31, 2023Paul Davidson, USA TODAY
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