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Good morning and Happy Friday! This is Betty Lin-Fisher with Friday's consumer-focused The Daily Money. |
It's hard to believe that it's almost August and that summer is zooming by. As the new school year starts, families are feeling the back-to-school financial pinch. In a new WalletHub study, more than 3 in 4 parents, or 70%, feel that schools ask them to buy too much for the back-to-school season. |
Read more about what parents think about schools and finances in my story. |
One way to save on those back-to-school expenses is with a state sales tax holiday. There are 17 states that offer these tax-free periods: Tennessee starts today, and Florida and Ohio are up next week. |
Some states, like Ohio, have extended their tax-free holiday and expanded it beyond just school supplies to nearly anything considered "personal tangible property" $500 or less. | Southwest Airlines is getting rid of open seating, the airline announced. KAMIL KRZACZYNSKI, AFP via Getty Images |
Southwest gets rid of open seating |
It's the end of an era as Southwest Airlines announced on Thursday that it was eliminating its 50-year open-seat policy in favor of assigning seats. |
More details are expected in September, but find out what other changes Southwest announced. |
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Each weekday, The Daily Money delivers the best consumer and financial news from USA TODAY, breaking down complex events, providing the TLDR version, and explaining how everything from Fed rate changes to bankruptcies impacts you. | | | | Most parents, or 52%, of those surveyed in a new WalletHub survey said they expect to spend more for back-to-school this year than last. | | | |  | Tennessee, Florida and Ohio have tax-free school shopping holidays starting this weekend. Find out if your state has one. | | | | Southwest is overhauling its whole boarding process, among other changes designed to "elevate the customer experience." | | | | Luxury giant LVMH says Champagne sales were down 12% in the first half of the year. Execs say people don't have enough reason to celebrate. | | | | The Mobile Speed Test app, launched Tuesday, is intended to help the commission create a more precise broadband coverage map by crowdsourcing information. | | | | Brian Niccol, the chairman and CEO of Chipotle, addressed social media users' complaints about portion sizes being small. | | | | In what some have dubbed an "internet apocalypse," activity originating on the sun's surface could cause a massive communications outage on Earth. | | | | Keep track of all the important deliveries headed your way. | | | | Banks say your voice data is an extra layer of biometric protection. Hackers see it as another way to steal it for deepfakes. | | | | When it comes to airlines, things have changed since the pandemic – in a good way. Airlines are looking for ways to attract and retain customers. | | | | |  | 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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