The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Mon Jul 29 2024

Daniel de Visé | Personal Finance Reporter

Good morning! It's Daniel de Visé with your Daily Money.

Early in their relationship, Lisa and Michael Harris decided children weren't likely in their future.

The Alexandria, Virginia-based couple married in 2019, when Michael was 60 and Lisa was 49. There was little discussion of having kids. Instead, the Harrises poured their time and resources into their social life, careers and travel.

As Bailey Schulz reports, many Americans are shrugging off the idea of parenthood.

The inflation narrative has flipped

The nation's regional inflation rankings have turned upside down.

For years, inflation has been higher in the South and West because Americans flocked to those areas for their temperate climates and lower costs, driving strong consumer demand and higher prices.

The pandemic amplified that trend, Paul Davidson reports. As remote work spread, many people streamed out of densely populated Northeastern and Midwestern cities like New York and Chicago for less costly areas with lots of open spaces, like Tennessee's Nashville and Idaho's Boise.

Recently, though, the pecking order has reshuffled.

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📰 A great read 📰

Finally, here's a popular story from earlier this year that you may have missed. Read it! Share it!

The 2024 Super Bowl turned heads with a blitz of ads for a little-known company named Temu.

Searches for the e-commerce company ‒ including the phrase "what is Temu" ‒ spiked after the brand aired five commercials during and shortly after the game, each showing colorful animated characters purchasing goods for as little as 99 cents. A perky song played in the background as characters danced across the screen, promising viewers the chance to "shop like a billionaire," Bailey Schulz reports.

But are the site's low prices worth it? Here's what to know about Temu.

About The Daily Money

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.

Daniel de Visé covers personal finance for USA Today.