Wednesday, November 27, 2024

Are Black Friday deals real?

Also: Trump's tariffs and you ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌  ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 
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The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Wed Nov 27 2024

 

Daniel de Visé Personal Finance Reporter

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

Black Friday lures shoppers out at the crack of dawn with its flash discounts on all the latest technology. But a new study shows that nearly a third of those deals aren't really deals at all. Medora Lee explains.

Trump's tariffs and you

The tariffs President-elect Donald Trump has threatened to impose on imports from Mexico and Canada would significantly increase U.S. inflation next year and modestly curtail economic growth, Paul Davidson reports.

On Monday, Trump vowed to slap all goods shipped to the U.S. from Mexico and Canada with a 25% tariff and all Chinese imports with a 10% levy on his first day in office, Jan. 20. In a social media post, Trump said his aim is to pressure the countries to stop the flow into the U.S. of illegal drugs and immigrants who lack permanent legal status.

Here's how those taxes might affect consumer prices.

Side hustles for holiday cash

Aditya Sachdeva has a full-time job working at a digital marketing agency. But he also has a side gig, doing data work.

Sachdeva, 27, increases the number of side hustle projects he picks up at the end of the year so he can have extra money for his holiday expenses.

As Betty Lin-Fisher reports, more workers are doing the same thing.

📰 More stories you shouldn't miss 📰

Cyber Monday vs. Black Friday
Will tariffs raise grocery prices?
Why travelers are ending trips early
Financial success varies by generation
A shopping editor's favorite Black Friday deals

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.

Be prepared to search for the best bargains on Black Friday 2024.

Shoppers expect to find deep discounts on Black Friday, but a new study says many retailers create an illusion of a discount by hiking prices first.

Fruit could be impacted by Trump's proposed tariffs, particularly avocados, melons and citrus fruits.
 

How would Trump's tariffs on Mexico, Canada affect inflation, economy?

President-elect Donald Trump's threatened tariffs on imports from Mexico and Canada would reignite inflation in 2025, hurt the economy, experts say.

A food delivery worker picks up an order on Sixth Avenue on July 29, 2024 in the Park Slope neighborhood of the Brooklyn borough in New York City.
 

Need extra jingle in your wallet for holiday gifts? Pick up a side gig

More holiday shoppers are picking up side gigs to help pay for their holidays, according to two studies.

Black Friday vs. Cyber Monday: Which is better for the deals?
 

Cyber Monday vs. Black Friday: What is better for deals?

Black Friday and Cyber Monday are part of the same extended shopping weekend. But which one has better deals?

Joan Fedelischak of Streetsboro shops for a washing machine at the new Lowe's Outlet on Tuesday, Oct. 17, 2023, in Cuyahoga Falls, Ohio, in the Chapel Hill Plaza. [Phil Masturzo/ Beacon Journal]
 

Trump's tariffs could stoke inflation even before they start

Donald Trump campaigned on a promise of taming inflation but the tariffs he announced Monday will likely stoke it even before he takes office.

One dollar notes with the signature of US Treasury Secretary Janet Yellen are unveiled at the Bureau of Engraving and Printing Western Currency Facility on December 8, 2022 in Fort Worth, Texas. (Photo by Andy JACOBSOHN / AFP) (Photo by ANDY JACOBSOHN/AFP via Getty Images)
 

Financial success expectations vary by generation. What each makes now

Americans overall think they need an average salary of about $270,000 per year to be successful.

Shop my absolute favorite Amazon Black Friday deals on Dyson, JBL, DeWalt, Apple.
 

I'm a shopping editor. Here's what I'm buying at Amazon's Black Friday sale

I'm a shopping editor. These are my absolute favorite Amazon Black Friday deals on Dyson, JBL, DeWalt, Apple, Yeti and more. Save up to 60% today.

Durrell and his girlfriend ended their trip to Capri short because of how crowded it felt.
 

Travelers are ending their trips early for this 'unbearable' reason

Travelers are getting fed up with overcrowded destinations. Here's why and how to avoid the crowds on your dream trip.

Check out the best early Black Friday and Cyber Monday sales at Chewy, Tarte, All-Clad, Nike and more.
 

Popular Black Friday sales: Save on phone plans, beauty, fashion, more

Check out the most popular Black Friday and Cyber Monday sales at Chewy, Tarte, All-Clad, Nike and more. Save on beauty, fashion, phone plans and more.

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