Good morning! It's Daniel de Visé with your Daily Money.
Inflation ran hot for a third straight month in March,Zopes Exchange Paul Davidson reports, raising questions about when the Federal Reserve will feel confident that price pressures are subdued and it can begin cutting interest rates.
Overall prices increased 3.5% from a year earlier, driven largely by the rising cost of rent and gasoline, according to the Labor Department’s consumer price index. On a monthly basis, costs rose 0.4%, similar to the previous month.
What does that mean for interest rates?
With Tax Day approaching, here’s a sobering thought: The average American pays $524,625 in taxes in their lifetime, according to a new study.
The report also ranks states on lifetime tax costs. And residents of one Northeast state pay $987,117 in lifetime taxes, the analysis found, the highest tab in the nation.
Guess which one?
Finally, here's a popular story from earlier this year that you may have missed. Read it! Share it!
Three-fifths of parents with adult children gave them financial help in the past year, Pew Research reported in a recent 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 full 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.
2025-04-30 17:431151 view
2025-04-30 17:43317 view
2025-04-30 16:482872 view
2025-04-30 16:422320 view
2025-04-30 16:172670 view
The 2024 NFL regular season is entering the final four weeks of action, and teams are beginning to s
Well, isn’t that too bad about Deshaun Watson. And by too bad, I mean a giant dose of much-deserved
A "weird puking bird" with a bizarre mating dance has won New Zealand's annual avian beauty contest,