Thursday, January 9, 2025

Is Meta going MAGA?

Also: Medicare's priciest drugs ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌  ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 
Read in browser
 

The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Thu Jan 9 2025

 

Daniel de Visé Personal Finance Reporter

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

Is Meta going MAGA?

Two weeks ahead of the inauguration, Meta CEO Mark Zuckerberg has named Donald Trump ally and Ultimate Fighting Championship boss Dana White to its board of directors.

Zuckerberg also pulled a page from Trump ally Elon Musk, turning over content moderation to users and loosening restrictions on hate speech on his company's social media platforms, including Facebook, Instagram and Threads.

Are these moves a nod to free expression, or a political maneuver? (Or both?)

Medicare's priciest drugs

Popular diabetes medications such as Ozempic and Trulicity are among 25 drugs Medicare has spent the most on but hasn't yet selected for price negotiation, Ken Alltucker reports.

A report from AARP Public Policy Institute said average list prices on the 25 drugs have nearly doubled since they hit the market and collectively cost Medicare ‒ and therefore American taxpayers ‒ nearly $50 billion in 2022.

Here's how prescription drug prices affect older Americans.

📰 More stories you shouldn't miss 📰

USA TODAY's 50 top picks for CES 2025
Tax guide for new parents
Insurance tips for wildfire victims
Dock workers avert strike
How to maximize 401(k) growth

🍔 Today's Menu 🍔

What's going on with the price of eggs?

More specifically, have you recently entered your local grocery store on the hunt for eggs, only to find they're noticeably more expensive − if you can find them at all?

It's not just your local shop. Egg prices have increased nationwide by around 38% in the last year, bringing the average cost of one dozen up to $3.65 in November, Mary Walrath-Holdridge reports.

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.

This photo illustration shows an image of Meta CEO Mark Zuckerberg and a phone displaying the download page for the Facebook app.

With Republicans back in control of both chambers of Congress and calling for new regulation of Big Tech, the Meta CEO is realigning with Trump.

U.S. Sen. Bernie Sanders (I-VT), Chairman of Senate Health, Education, Labor, and Pensions Committee speaks during a hearing of Novo Nordisk CEO Lars Jorgensen on U.S. prices for the weight loss drugs Ozempic and Wegovy, on Capitol Hill in Washington.
 

These 25 drugs cost taxpayers, Medicare the most

AARP said average list prices on 25 drugs collectively cost Medicare nearly $50 billion in 2022.

Egg shortage signage is displayed on partially empty shelves at a Sprouts Farmer's Market grocery store in Lawndale, California on January 2, 2025. Bird flu and other factors have contributed to an egg shortage in California.
 

Why are eggs so expensive? Is there a shortage? What to know

Egg price are up yet again. What is it this time?

Longshoremen and other port workers gathered at the Port of Wilmington Tuesday morning on strike for an increase in pay and fair treatment.
 

Dock workers say they've reach tentative deal, avoiding strike

The union representing 45,000 dock workers on the East and Gulf Coasts and their employers said they reached a tentative deal averting a strike.

A firefighter works as powerful winds fueling devastating wildfires in the Los Angeles area force people to evacuate, at the Eaton Fire in Altadena, California, U.S. January 8, 2025.
 

Tips for insurance claims after Southern California wildfires

Hundreds of structures have been destroyed by wildfires in Southern California. Consumer advocates share tips for homeowners making insurance claims.

Smiling person sitting in coffee shop looking at smartphone.
 

Maximize 401(k) savings growth in 2025 with these tips

It's not always easy to figure out where you should focus your attention when trying to grow your 401(k) wealth.

.
 

Top 50 tech gadgets at CES 2025

These are tech expert Marc Salzman's top CES picks for USA TODAY after his hands-on with future gadgets and gear in Las Vegas.

Minnesota Democratic Gov. Tim Walz stands with local tax preparers ahead of tax day on April 15 to highlight the states nation-leading Child Tax Credit.
 

A tax guide for new parents: Child Tax Credit, EITC, more

If you had or adopted your first child in 2024, your taxes are about to get more complicated. Here's a guide to help you through it.

LAHAINA, HAWAII - AUGUST 05: People gather on Kaanapali Beach, a popular tourist destination, on August 5, 2024 near Lahaina, Hawaii. Hawaii is one of the most expensive retirement destinations in America.
 

$1m is the new retirement benchmark -- in these 15 states, at least

The million-dollar retirement states include Arizona, California and (of course) Hawaii.

USA TODAY
 

Download USA TODAY's app to get to the heart of news

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.

SEE ALL NEWSLETTERS 

Newsletters   |    eNewspaper   |   Crosswords

Follow Us

Problem viewing email? View in browser

LiveIntent Logo AdChoices Logo

No comments:

Post a Comment

Apocalyptic scenes in Los Angeles

Hundreds of homes and businesses have been torched by the California wildfires. It's Thursday's news. ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌...