ALL THE MONEY NEWS YOU NEED TO KNOW | | | | | | Daniel de Visé | Personal Finance Reporter
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Few of us get to retire when we want. Many of us expect to work till 65 or 70. Yet, the average American actually retires at 62, which is not particularly old. We might imagine easing out of our careers on our own terms. In reality, retirement often comes suddenly and unexpectedly, via a corporate layoff or a household health scare. |
We presented those facts in a story several weeks ago. It struck a chord, so we're back with an in-depth report on seven Americans who retired years earlier than they had planned, for reasons largely beyond their control. |
Truth Social stock skyrockets |
More than two years after announcing the merger that would take it public, Trump Media – the parent company to Donald Trump's social media platform Truth Social – hit the stock market Tuesday under the ticker DJT, Bailey Schulz reports. |
The stock was bolstered by Trump supporters and mom-and-pop investors looking to make a quick buck. At one point during its first day, the price of Trump Media gained nearly 60%, and it seesawed enough to make the Nasdaq stock exchange temporarily pause trading. |
📰 More stories you shouldn't miss 📰 |
Here's where we would normally segue into a story about Sriracha losing its heat, or velvet ropes at the Costco food court. |
Instead, we're going to feature a recent story that resonated with readers: A greatest hit, if you will. Read it again. Read it for the first time. Share it with friends. |
Remember that whopping cost-of-living adjustment Social Security recipients received last year? It may be coming back to haunt you at tax time, Medora Lee reports. |
The 8.7% COLA boosted incomes in 2023. But more income means more taxes. |
And it's not only the federal government that taxes Social Security. About a dozen states will levy a tax this year. |
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. | | | | Here are the stories of seven Americans who retired years earlier than they had planned, for reasons largely beyond their control. | | | |  | Truth Social's stock has been bolstered by both Trump supporters and retail investors looking to make a quick buck on the stock's gains. | | | | Tax season is coming to a close but there are options for people who may not make the April 15 deadline. Here's how to request an extension. | | | | The policies, which build off an executive order President Joe Biden signed in October, come amid growing concerns about risks posed by AI. | | | | Asset manager BlackRock CEO Larry Fink said the retirement crisis needs to be addressed as Social Security faces depletion and young people lose hope. | | | | Tuff Torq of Morristown, Tennessee, was fined nearly $300,000 by the Labor Department for subjecting 10 children to "oppressive child labor." | | | | Which states tax Social Security? Most states don't tax Social Security but some do. Here's which ones they are, and how they might do it. | | | | The Costco food court, home of hot dogs priced at $1.50, with a soda, and $1.99 pizza, could soon be off limits to non-Costco members. | | | | Fast food workers are losing their jobs in California as more restaurant chains prepare to meet the $20 minimum wage increase set to go into effect April 1. | | | | Egg-spensive is back again this Easter. Whether people are at their breaking point depends on what they're comparing the prices to. It's all relative. | | | | |  | Sign up for the news you want | Exclusive newsletters are part of your subscription, don't miss out! We're always working to add benefits for subscribers like you. | | | | | | |
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