Latest news with #TheDailyMoney
USA Today
9 hours ago
- Business
- USA Today
The Daily Money: Is AI coming for your job?
The Daily Money: Is AI coming for your job? Good morning! It's Daniel de Visé with your Daily Money: Yes, this newsletter is still written by humans. If the job market is slowing, as many economists predict, don't blame the trend solely on uncertainty surrounding President Donald Trump's tariffs. You can also point the finger at AI. Here's how artificial intelligence is changing the hiring landscape. Can White workers claim discrimination? For decades, men, straight people and White people were often held to a higher legal standard when bringing workplace bias claims than groups that historically faced discrimination. No longer. The Supreme Court this week made it easier for members of so-called 'majority groups' to sue for discrimination by siding with an Ohio woman who claimed she twice lost jobs to lesser-qualified gay candidates because she is straight. Here's what that means for future discrimination complaints. Big Brother is watching you more than ever For decades, the government has been able to watch where you drive and where you walk. It can figure out where you shop, what you buy and with whom you spend time. It knows how much money you have, where you've worked and, in many cases, what medical procedures you've endured. But because all of those data points were scattered across dozens of federal, state and commercial databases, it wasn't easy for the government to build a comprehensive profile of your life. That's changing ‒ fast. 📰 More stories you shouldn't miss 📰 We haven't forgotten about Consumer Friday. Here are the week's top headlines. 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
a day ago
- Business
- USA Today
The Daily Money: Were Target DEI protests fake?
The Daily Money: Were Target DEI protests fake? Good morning! It's Daniel de Visé with your Daily Money. An orchestrated campaign to stoke tensions over Target's rollback of diversity, equity and inclusion initiatives deployed fake accounts to flood social media with manufactured outrage, a new report claims. Accounts impersonating Black users actively promoted calls to boycott Target, using trending hashtags such as #EconomicBlackout. Some posts accused Target of 'bending the knee' to President Donald Trump, while others pushed specific campaigns such as 'Target Fast' or '40-day boycott' to persuade people to stop shopping at Target. Trump escalates campaign against Harvard President Trump has revoked Harvard University's permission to host incoming international students, the latest escalation in an ongoing battle between the White House and the country's oldest university. In an executive order issued June 4, Trump declared that Harvard's admission of international students represents a threat to the United States. Harvard enrolls roughly 6,800 out of 1.2 million international students in the United States. What will happen to the others? Your boss might bully you and feel good about it Horrible bosses − the ones who lose their temper, shout at subordinates and berate their work − are bad for everyone. On that point, the research is clear. And yet, some bosses continue to act out, perpetuating a legacy of managerial tongue-lashings that stretches from Steve Jobs to Gordon Ramsay to Donald Trump. A team of researchers decided to find out why. 📰 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
2 days ago
- Business
- USA Today
The Daily Money: 'Big, beautiful bill,' or 'disgusting abomination'?
The Daily Money: 'Big, beautiful bill,' or 'disgusting abomination'? Good morning! It's Daniel de Visé with your Daily Money. Is it a "big, beautiful bill," or a "disgusting abomination"? The latter descriptor comes from Elon Musk. Days after leaving his role in the White House, Musk excoriated President Donald Trump's tax and domestic policy bill, escalating his criticism of the president's signature legislation over concerns that it will increase the deficit. Can powerful alumni save Harvard? Harvard University's alumni, nearly half a million strong, include some of the most powerful and wealthy people in the United States. Donations to their alma mater amount to hundreds of millions of dollars annually. Since President Trump began targeting the Ivy League campus as part of a pressure campaign to reform American colleges, Harvard has come to need the public and financial support of its alumni more than ever. Can they make a difference? Education Department pauses loan collections The Department of Education has paused its plan to garnish Social Security benefits for defaulted student-loan borrowers, a process that was initially set to take effect when the administration restarted student debt collections on May 5. The announcement is a reversal for the administration, which announced last month that the Education Department's Office of Federal Student Aid would resume collections of its defaulted federal student loan portfolio, ending a more than five-year deferment amid the pandemic. What happens now? 📰 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
3 days ago
- Business
- USA Today
The Daily Money: The most welcoming states for LGBTQ+ Americans
The Daily Money: The most welcoming states for LGBTQ+ Americans Good morning! It's Daniel de Visé with your Daily Money, on a day when smoke from Canadian wildfires is blanketing parts of the nation — and a Saharan dust cloud is on its way. Close the windows, folks. As Oklahoma legislators push to restrict trans rights and overturn the 2015 Supreme Court decision legalizing gay marriage, Zane Eaves says his identity as a transgender man has put a target on his back in his home state. Oklahoma ranks 44th in the nation on a list, released Monday, of the most and least welcoming states for lesbian, gay, bisexual, transgender and queer Americans. Do you have a 'lost' 401(k) account? At least $1.7 trillion languishes in lost or forgotten 401(k) accounts, with an average unclaimed balance of $56,616. Those 29 million idle accounts represent one quarter of all assets held in 401(k) retirement plans. And those figures come from a 2023 report. The numbers could be higher now. Tariffs are hurting US manufacturing One of the key promises behind President Donald Trump's tariff strategy was to revive U.S. manufacturing. But the policies intended to lay that foundation are currently having the opposite effect. During the past three months, as President Donald Trump and his administration have worked to finalize tariff rates across dozens of countries and product categories, U.S. manufacturing has contracted. 📰 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: Trump tax bill goes to the Senate
The Daily Money: Trump tax bill goes to the Senate Good morning! It's Daniel de Visé with your Daily Money. House Republicans have done their job, narrowly passing President Donald Trump's sweeping tax and policy bill. Next up: the Senate. As members of Congress return to Washington today after a weeklong break, the upper chamber will dig into the more than 1,000-page bill. House Speaker Mike Johnson has urged his Senate counterparts to "make as few modifications to this package as possible," but senators may have other plans. Long waits on the job market When Jessica Chibuzor-Muko graduated from college a year ago, she figured her degree in cybersecurity would serve as a ticket to a near-certain job at a good salary. Then she ran into the brick wall known as the 2025 U.S. job market. No more sticker shock? American consumers may be learning to live with inflation. A long-running Gallup poll shows a steep drop in the share of Americans who name inflation as their biggest financial problem. Another recent survey, from the Ipsos Consumer Tracker, found fewer Americans think prices are rising. Are we getting used to higher prices? 📰 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.
