Tuesday, November 12, 2024

Mattel's 'Wicked' mistake

Also: Medicare premiums rise ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌  ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 
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The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Tue Nov 12 2024

 

Daniel de Visé Personal Finance Reporter

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

Mattel's packaging for its latest dolls came with a wicked mistake.

A link, printed on the back of the box, led to a pornographic website, prompting dolls to be pulled from shelves across the country. Meanwhile, some dolls with the labeling error are being resold online for over $100.

Medicare premiums to rise

Seniors will have to pay more again for Medicare Part B next year, Medora Lee reports.

The standard monthly premium for Medicare Part B enrollees will rise by $10.30 to $185.00 in 2025 from $174.70 this year. The annual deductible for all Medicare Part B beneficiaries will increase to $257 from $240.  The increases are mainly due to projected costs and usage increases.

📰 More stories you shouldn't miss 📰

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What are the best financial advising companies?
Tesla Cybertruck becomes sci-fi police vehicle

🍔 Today's Menu 🍔

Shrimp lovers will notice a key item missing from Red Lobster's new menu, Anthony Robledo reports.

In an interview with TODAY, CEO Damola Adamolekun announced that the seafood chain's revamped menu will include nine new items, from a lobster bisque to bacon-wrapped sea scallops. However, he confirmed that the $20 endless shrimp deal is over.

Last year, the seafood chain made all-you-can-eat shrimp a permanent menu item after two decades of offering it for a limited time. The decision proved costly.

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.

A "Wicked" display at Target was empty after the dolls were removed from shelves.

The dolls were removed from Amazon and Target after a labeling error linked consumers to a pornographic website.

The 2022 Inflation Reduction Act offered some positive changes for certain Medicare beneficiaries regarding prescription medications and vaccines.
 

Seniors will pay more for Medicare Part B again next year

Medicare Part B premiums are rising again in 2025. The jump outpaces both Social Security's 2025 COLA and inflation, further squeezing seniors.

A Red Lobster location in New Philadelphia, Ohio.
 

Red Lobster CEO: Bye bye, endless shrimp. Welcome back, hush puppies

CEO Damola Adamolekun confirmed that the $20 endless shrimp deal will not be included in a revamped menu. But there are nine new items.

.
 

Help USA TODAY rank the nation's best financial advisers

USA TODAY will publish its annual list of best financial advisors in April and invites readers to help determine the top firms.

Key tips on job searching when you are older: Use your network, don't procrastinate and get help.
 

Is it OK to take on 2 positions in the same company?

If you've been offered two roles in a company, an employer may see you as a great fit for multiple jobs and want to make the most of your talents.

People sitting at table, painting.
 

All Social Security retirees should do this by Nov. 20

Several dates throughout the year are important for Social Security retirees.

Unplugged Performance UP FIT Police Tesla Cybertruck PPV 1
 

Tesla Cybertruck becomes a first-of-its-kind police response vehicle

A host of mods for the electric Tesla Cybertruck has now been perfectly packaged for first responders and police departments.

Donald Trump holds hands with wife Melania Trump at his Election Night Watch Party at the Palm Beach County Convention Center after being elected the 47th President of the United States. Father-in-law Viktor Knavs, left, Vice President-elect JD Vance and Ivanka Trump are also in the photo.
 

On word of Trump's election, stocks soared. Bonds sank.

Stocks and bonds went in different directions as Donald Trump emerged victorious in the 2024 election.

A trader wears a hat in support of Republican Donald Trump, after he won the U.S. presidential election, at the New York Stock Exchange (NYSE) in New York City, Nov. 6, 2024.
 

Does the 60/40 rule still have a place in your retirement account?

Bonds took a bath in 2022, prompting many investors to give up on the 60/40 investment rule.

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