The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Fri Jan 31 2025

Betty Lin-Fisher | Consumer reporter

@blinfisher

Good morning and Happy Friday! This is Betty Lin-Fisher with Friday's consumer-focused edition of The Daily Money.

Travis Lermusiaux has been shopping at thrift stores since before it was a trendy thing to do.Lermusiaux, 33, began thrifting when he was a young teenager.While there may have been a stigma in years past, now, people aren't afraid to say their outfit is thrifted and "the secret's out a little bit" about the benefits of second-hand shopping, he said.Why are people thrifting, and where are the best and worst cities to thrift?

Employee Bradleigh Neal works with owner Emily Stewart to organize and price items for consignment at Main Street Thrift in Wilmington, Mass.Thrifting has grown in popularity.

Wicked Local Staff Photo/David Sokol / USA TODAY NETWORK

What do know ahead of Trump's Feb. 1 tariff deadline

Tomorrow is the Feb. 1 deadline that President Donald Trump set for Canada and Mexico to take action before he levies steep 25% tariffs on imported goods. He's also warned that he's looking at 10% tariffs for Chinese products.

Trump has a choice on tariffs: Will he seek revenue or revenge?

Here's how the tariffs could hit your wallet.

📰 Consumer stories you shouldn't miss 📰

•	What happens when your retirement community goes bankrupt? Here's a story from the New York Times.
•	If you work from home, can you deduct your home office?
•	Planning a Valentine's Day or spring break trip? You'd better book it.
•	What is cost of living, and how do you calculate it?
•	Pilots share their thoughts on the fatal D.C. collision.

📰 A great read 📰

Finally, here's a popular story that you may have missed. Feel free to share it.

Have you ever wondered what jobs are the highest paying? Here's the top 20 highest-paid jobs in America.

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.