ALL THE MONEY NEWS YOU NEED TO KNOW | | | | | | Daniel de Visé | Personal Finance Reporter
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Good morning! It's Daniel de Visé with your Daily Money. |
Happy Consumer Friday the 13th! |
People are shelling out more to travel the holiday roads this season, Felecia Wellington Radel reports. |
About a third of Americans are planning to travel more this winter than in 2023, according to an October survey by rental fleet management company Zubie. And compared to last year, those travelers are spending more on their getaways. |
Who wants to be a 401(k) millionaire? |
A record number of Americans are 401(k) millionaires, thanks to a surging stock market. |
The tally of 401(k) millionaires reached 544,000 in the third quarter of 2024, up from 497,000 three months earlier, according to Fidelity Investments, a leading administrator of employer retirement plans. The figure covers only Fidelity accountholders. |
📰 More stories you shouldn't miss 📰 |
We've been featuring favorite 2024 stories from colleagues. Here's one from Kathleen Wong! |
Hawaii's most famous coastline, Waikiki Beach, won't be the same in 50 years. |
Oahu is the most visited Hawaiian island, with its iconic Waikiki neighborhood serving as a central base for many travelers, but it has already been changing. The beaches flanking Waikiki have narrowed, and, in some areas, are nonexistent. During high tide or if there's a swell, waves crash onto walkways, soaking passersby. |
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. | | | | Holiday travel spending is up by over 50% this year as Americans plan more ambitious trips. | | | | In the spirit of inspiring future 401(k) millionaires, here are eight tips for achieving a seven-figure balance in your retirement account. | | | | Climate change is causing Hawaii's beaches to disappear, forcing the state to rethink the future of iconic tourist destinations like Waikiki. | | | | Initial claims for state unemployment benefits increased 17,000 to a seasonally adjusted 242,000 for the week ended Dec. 7, the Labor Department said on Thursday. | | | | Southwest's new benefit for pilots to save more money for retirement wins praise from experts. They say it could be a roadmap for future benefits. | | | | YouTube TV announced Thursday that it is raising prices for its base plan subscription starting next year. | | | | Public workers cheered after Sen. Majoriy Leader Schumer schedules Senate vote on a bill to boost their Social Security. | | | | Elon Musk's artificial intelligence (AI) start-up, xAI, appears to be strengthening its ties with Nvidia. | | | | Bank overdraft fees, pricey penalties charged to customers who overdraw their accounts, face a cap under new rules released Thursday. | | | | Our app gives you award-winning coverage, crosswords, audio storytelling, eNewspaper and more. | | | | | | | 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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