
The Daily Money: The final tally of Medicaid cuts
About 10 million Americans are expected to lose health insurance under President Donald Trump's tax cut and spending law, the nonpartisan Congressional Budget Office says.
Here's the breakdown.
Is inflation stealing your kid's lunch money?
Perla Lozano's two kids are about to start school. They'll be taking a lunch that their mom packs every day, even though brown-bagging is likely more expensive than buying a lunch at school — and the costs are going up.
Here's why parents are still packing lunches.
📰 More stories you shouldn't miss 📰
📰 A great read 📰
Finally, here's a popular story from earlier this year that you may have missed. Read it! Share it!
A record number of Americans are turning 65 each year through 2027, but to receive full Social Security benefits, that's not quite old enough.
In 1983, Congress passed a law to gradually raise the full retirement age, as a way to stretch out dwindling Social Security funds and to recognize that Americans are living longer.
Here's the new retirement math.
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.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
4 minutes ago
- Yahoo
Trump Signs Order Allowing Americans to Add Crypto in Their 401Ks. Here Are 3 of the Top-Rated Coins to Buy Now.
President Donald Trump positioned himself as a crypto-friendly candidate leading up to his reelection in November 2024. After being elected, he has consistently signed executive orders to promote cryptocurrencies, stablecoins, and blockchain technology. On Aug. 7, Trump signed an executive order aimed at expanding access to alternative investments, including cryptocurrencies, in 401k retirement savings plans. More News from Barchart BitMine Immersion Now Holds 1.15 Million Ethereum Tokens. Should You Buy BMNR Stock Here? A Key Crypto Insider Wants to Make This Penny Stock the Next MicroStrategy. Should You Buy Shares Here? My Favorite Options Trade Lets You Say 'YOLO' with Bitcoin Without Betting the House Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! So far into his second term, he has already signed a bill allowing the U.S. to officially have its own Bitcoin (BTCUSD) reserve. He also allowed the government to own other digital currencies, or altcoins. These decisions have been followed by a general loosening of restrictions on the crypto sector. Many lawsuits were dropped or settled, like the one with Ripple, and his chumminess with players in the crypto industry seems far from over. Coinbase (COIN) was one of the sponsors of the 250th U.S. Army parade, and two of Trump's sons, along with some of his closest aids, are very into crypto. Just today, a company called ALT5 Sigma bought $1.5 billion worth of a crypto project by World Liberty Financial, a company in which both Eric Trump and Donald Trump Jr. are actively involved. Here are three cryptos to buy to benefit from this new Trump executive order, derived from Barchart's Popular Coins screener. Bitcoin Cash (BCHUSD) Bitcoin Cash (BCHUSD) may have slipped under the radar of many, but it has delivered terrific gains over the past three years, up nearly 400%. It is a hard fork of the original Bitcoin blockchain. Bitcoin Cash was made to address the shortcomings of the Bitcoin blockchain, which has long block times, with transaction confirmation taking 30 minutes or more. Bitcoin Cash was introduced as a solution, largely mirroring Bitcoin but offering larger block sizes and faster transactions. Although Bitcoin remains much more popular, Bitcoin Cash does have a dedicated fan base. If you believe that an altseason is on the horizon, buying BCH may give you solid exposure to it, as it still retains correlation with the broader market and has lots of upside potential due to its $12.3 billion market capitalization. BNB (BNBUSD) BNB (BNBUSD) is the primary cryptocurrency of the Binance ecosystem. It is also used for the Binance Exchange, which is the world's largest cryptocurrency exchange. The company's founder, Changpeng Zhao, was sentenced to four months in a U.S. prison after pleading guilty to violating money laundering laws. He was released in late September 2024. Binance has proved resilient through multiple crypto market downturns and having to pay $4.3 billion in penalties. The current setup looks much healthier, both financially and in terms of regulations in the Trump era. BNB is one of the most surefire ways to get long-term crypto exposure due to how often crypto investors trade, especially during altseason. The Binance network has undergone significant upgrades recently, and more positive catalysts may be on the way soon. Zhao is applying for a presidential pardon from Trump. The primary motivation for seeking the pardon appears to be lifting restrictions from his plea deal, which bar him from any management or operational role at Binance. A pardon would not erase the conviction, but could potentially allow him to resume involvement in Binance or its U.S. operations. In turn, this should lift BNB. Unus Sed Leo (LEOUSD) Unus Sed Leo (LEOUSD) is the native utility token for the Bitfinex cryptocurrency exchange. It operates on the Ethereum (ETHUSD) blockchain and provides benefits to holders such as tiered discounts on trading fees based on the amount of LEO owned. LEO could benefit from Trump's executive order indirectly through broader cryptocurrency market growth. Once altseason rolls around, traders will be much more incentivized to hold more LEO for fee discounts. The price action has been quite stable here, up 70% over the past three years, and you may be able to catch it before the next leg up. On the date of publication, Omor Ibne Ehsan did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
4 minutes ago
- Yahoo
Watch These Intel Price Levels as Stock Jumps After CEO Meets With Trump
Key Takeaways Intel shares surged again Tuesday following a meeting between CEO Lip-Bu Tan and President Donald Trump on Monday. After breaking down from an ascending channel late last month, the stock retraced to a multi-month trading floor before finding buying interest around this crucial location. Investors should watch key overhead areas on Intel's chart around $22, $24 and $26, while also monitoring a major support level near $ (INTC) shares surged again Tuesday following a meeting between CEO Lip-Bu Tan and President Donald Trump on Monday. The meeting came after Trump on Fridy demanded the immediate resignation of Tan, calling him "highly conflicted" over investments in Chinese firms. The president late Monday said on this Truth Social platform that the meeting was "very interesting" and that Tan's success is "an amazing story." Trump said that members of his cabinet would continue meeting with Tan in the coming days. Trump's meeting with the once-storied American chipmaker's CEO followed news on Monday that AI chip giants Nvidia (NVDA) and Advanced Micro Devices (AMD) have agreed to pay 15% of their China chip revenues to the U.S. government in exchange for export licenses. Intel shares were up 5% at $21.75 in late trading Tuesday, adding to the previous session's gain of 3.5%. The stock is up about 9% so far this year, roughly in line with the performance of the S&P 500 in 2025 as investors asses the impact of Tan's strategic moves, which include divesting assets, reducing employees, and reallocating resources. Tan took over the CEO role in March. Below, we take a closer look at Intel's chart and use technical analysis to identify price levels that investors will likely be watching. Buying Interest Near Multi-Month Trading Floor After breaking down from an ascending channel late last month, Intel shares retraced to a multi-month trading floor before finding buying interest around this key location. More recently, the stock has continued to move higher, though the price remains below the 50- and 200-day moving averages and the relative strength index sits just below its neutral reading. However, it's worth noting that the shares registered their highest volume in more than two weeks on Monday, indicating growing interest in the chipmaker's stock. Let's identify key overhead areas on Intel's chart to watch if the shares continue their recent upward momentum and also point out a major support level worth monitoring during future retracements. Key Overhead Areas to Watch The first overhead area to watch sits around $22, currently just above the key moving averages. This location will likely attract significant attention on the chart near a horizontal line that stretches back to last August's prominent stock gap. A decisive close above this price could see the stock climb to the $24 area. The shares may face selling pressure here near a range of corresponding price action on the chart between September and July. Buying through this area opens the door for a retest of resistance near $26. Investors who have bought the stock at lower prices could look for exit points around major peaks that formed on the chart in November, February and March. Major Support Level Worth Monitoring During future retracements in Intel's share price, it's worth keeping a close eye on the $19 level. This region on the chart would likely provide strong support near multiple troughs that mark the stock's multi-month trading floor. The comments, opinions, and analyses expressed on Investopedia are for informational purposes only. Read our warranty and liability disclaimer for more info. As of the date this article was written, the author does not own any of the above securities. Read the original article on Investopedia
Yahoo
4 minutes ago
- Yahoo
US selects 11 firms for program to fast-track small nuclear test reactors
By Timothy Gardner WASHINGTON (Reuters) -The U.S. Department of Energy said on Tuesday it has made an initial selection of 11 companies for a pilot program seeking to develop high-tech test nuclear reactors and get at least three of them to begin operating in less than a year. WHY IT'S IMPORTANT As artificial intelligence and data centers boost power demand, the U.S. is aiming to develop small nuclear reactors which developers say will be cheaper to build per Megawatt of output than today's large reactors because the parts could be replicated in factories. The department's move comes after President Donald Trump issued executive orders in May seeking to speed permitting of nuclear reactors and reform the Nuclear Regulatory Commission, an independent agency. The orders allow the Energy Department to authorize the test reactors, without the NRC. KEY QUOTE 'President Trump's Reactor Pilot Program is a call to action,' said James Danly, deputy energy secretary. 'These companies aim to all safely achieve criticality by Independence Day, and DOE will do everything we can to support their efforts.' COMPANIES SELECTED The department selected the following companies: Aalo Atomics., Antares Nuclear, Atomic Alchemy, Deep Fission Inc., Last Energy., Oklo , Natura Resources LLC, Radiant Energy, Terrestrial Energy, and Valar Atomics. The department said each company will be responsible for all costs associated with designing, manufacturing, constructing, and decommissioning their test reactors. HURDLES Small modular and so-called "advanced" nuclear reactors have been talked about in the U.S. for years, but the only ones operating are in China and Russia. Hurdles include getting permits for plants that generate electricity for the grid, developing commercial levels of a new fuel some of the reactors plan to use called high-assay low-enriched uranium, and developing factories for the reactors when none of the plants are yet operating. 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