Wednesday, June 9, 2021

The Daily Money: Are overdraft fees history?!

In today's Daily Money newsletter, we have insights on the ProPublica tax report, cryptocurrency and the Ford Maverick compact pickup truck. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
usatoday.com

The Daily Money
 
Wednesday, June 9

Good morning, Daily Money friends, it's Nathan wishing a happy Wednesday and hoping that, unlike President Biden's press pool, your next flight isn't disrupted by cicadas.

๐ŸSnakes. Why did it have to be snakes? "Raiders of the Lost Ark" came out 40 years ago.

On to our ... 

๐Ÿ’ก INSIGHT OF THE DAY: The richest 25 Americans, including the likes of Jeff Bezos, Elon Musk and Mark Zuckerberg, paid an average of 15.8% of their adjusted gross income in taxes. That's less than many ordinary workers do, ProPublica found in a widely cited report.

๐Ÿ“ฐ And here are more stories you won't want to miss:

1. Is buying cryptocurrency investing or gambling? Here's how to tell the difference

2. Overdraft fees hit low-income fees the hardest. After Ally Bank recently discontinued the practice, will other banks follow suit?

3. Yesterday we told you about the brand-new Ford Maverick. Now we've got details on the compact pickup's nameplate history.

4. For LGBTQ employees of color, sexual orientation is the biggest source of discrimination in the workplace.

5. Low on savings funds? Here's what you can do to boost your retirement income

6. Can you answer these questions? Here are four must-knows before claiming Social Security benefits

7. Could the days of major retailers opening their doors on Thanksgiving be over? Walmart and Target will be closed on the holiday again this year.

That just means time for more turkey ... and family ... and turkey.

--@NathanBomey

Most banks offer overdraft protection services.
Will banks end overdraft fees?
Ally Financial will eliminate overdraft fees, but don't expect other major banks to walk away from them anytime soon, experts say.
How a long-gone sedan turned into a Ford pickup
This 1970 Ford Maverick Grabber 2-door sedan was a
Cryptocurrency: Is it investing or gambling?
Piggy bank with crypto token in slot.
Our so-called cloud life: Prepare for more outages like Fastly's...
Internet connections as light on a dark globe.
For LGBTQ workers of color, sexual orientation is main driver of bias
Protestors and supporters gather in front of the U
ProPublica: Many of the uber-rich pay next to no income tax
14. Warren Buffett (1930-present)     • 2021 estim
Spring isn't the only time to buy a home. Here are others.
MBANC offers a variety of loan programs to make ho
4 things you must know before claiming Social Security
Two older people smiling while working at a desk a
Best Buy joins Walmart, Target in keeping stores closed Thanksgiving
Best Buy
5 big retirement money risks you should know
Calculating an approximate number of how much you'
 
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