Good morning! It's Daniel de Visé with your Daily Money.
Three-fifths of parents with adult children gave them financial help in the past year, Pew Research reports in a new study.
The finding illustrates -- in case we needed a reminder -- that modern parenting does not end when a child turns 18. But supporting an adult child can get costly, financial planners say. And parents need to make sure their own financial needs are met. Read the story.
Friday’s blockbuster jobs report, which showed employers adding a stunning 353,000 jobs last month, again pointed up a nagging question: If the economy and labor market are so strong, why aren’t more Americans feeling it?
To be fair, Paul Davidson reports, people are feeling better than they have in the past couple of years. Consumer sentiment in January jumped to the highest level since mid-2021, thanks to easing inflation and rising incomes, according to a University of Michigan index that was also released Friday.
But the closely watched gauge is still well below its pre-pandemic level. Read Paul's story.
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.
2024-12-24 03:282571 view
2024-12-24 03:052259 view
2024-12-24 02:412652 view
2024-12-24 02:182966 view
2024-12-24 02:172055 view
2024-12-24 02:092528 view
E! may get a commission if you purchase something through our links. Learn more.The holidays may be
Episode 9: The Fumes in South Portland. The ninth in an ongoing first-person series by InsideClimate
The Baltimore Orioles are running out of places to stash their talented young players. And running o