Friday, September 3, 2021

🍦 The Daily Money: Why are McDonald's ice cream machines always broken?

In today's Daily Money newsletter, we have insights on young investors, McDonald's ice cream machines, the chip shortage and secret vaxxers. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
usatoday.com

The Daily Money
 
Friday, September 3

Good morning to you, Daily Money team, it's Nathan saying TGIF!

🍦If I didn't know any better, I'd say someone at the Federal Trade Commission finally lost it over McDonald's ice cream machines being broken.

Potentially dissatisfied over not being able to get an Oreo McFlurry, the FTC is reportedly investigating the matter.

That's cold.

💰 The Daily Money is USA TODAY's Monday-through-Friday-morning roundup of all things personal finance, business and tech. If this email was forwarded to you or if you found it online, you can subscribe for free here!

On to our ... 

💡 INSIGHT OF THE DAY: About 56% of Gen Zers and millennials say they intentionally seek out information or advice about personal finance online or through social media like TikTok and Instagram. And financial regulators worry that this year's viral trading craze of meme stocks and cryptocurrencies has fueled unrealistic expectations for first-time investors. Check out Jessica Menton's latest story in our ongoing series on young investors.

💡 BONUS INSIGHT: About 11% of vaccinated Americans are keeping a secret from some people in their life, while 6% aren't telling anyone, according to a Harris Poll conducted exclusively for USA TODAY. Check out my story on secret vaxxers.

📰 And here are more stories you won't want to miss:

1. The chip shortage continues to wreak havoc: General Motors has temporarily halted nearly all of its North American production.

2. Another wage increase: Walmart is raising wages at least $1 an hour for more than 565,000 store employees.

3. Far fewer than expected: The economy added 235,000 jobs in August.

4. Nearing retirement age? Start thinking about catch-up contributions to your retirement accounts, health care planning and where you'll live.

Here's hoping you have a restful Labor Day weekend!

--@NathanBomey 

Bill Campling/USA Today Network; Getty Images
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