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, keeping-up-with-DOGE edition. |
Could President Trump issue DOGE stimulus checks? The idea of $5,000 refunds from the ongoing drive to reduce federal spending has been floated. |
Is my data safe from DOGE? |
If you follow the news, you've probably read about the Department of Government Efficiency and its incursions into the seemingly bottomless trove of federal data, including potentially sensitive tax and Social Security records. |
Elon Musk's cost-cutting campaign has stoked fears about the data itself: that sensitive records might be mishandled, copied, leaked or lost. The concurrent mass layoffs of government workers potentially leave fewer trained hands available to safeguard the records. |
More Americans live paycheck to paycheck |
Paycheck-to-paycheck living isn't just for the working class anymore, according to community finance platform SoLo's 2025 Cash Poor Report. |
Many middle-class Americans, including those with college degrees, those who own homes, people who are investors, and those who have six-figure incomes, are also "cash-poor," SoLo said in its survey of 2,000 adults. |
📰 More stories you shouldn't miss 📰 |
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. | | | | President Trump has floated the idea of giving taxpayers a $5,000 refund check as a dividend from savings created by DOGE. Here's what to know. | | | | Even if none of your data gets mislaid, copied or hacked, it's a good idea to store copies of some key federal records for safekeeping. | | | | More middle-class Americans are cash poor. They need short-term loans for emergencies, but the high fees can worsen their finances, a report says. | | | | Fake texts impersonating road toll collection agencies are circling in states from "coast to coast," the FTC warned. Here's what to do if you get one. | | | | House Speaker Mike Johnson said stimulus checks tied to DOGE actions would make the Republican party look good, but added he preferred to pay off national debt. | | | | After a decline in the 20th century, young adults are driving a dramatic uptick in U.S. households with multiple adult generations under one roof. | | | | Investing with a longer time horizon empowers investors to zoom out and focus on the big picture. These companies are poised to thrive over the next decade. | | | | Death can be a tax-triggering event. And there are two you should be aware of: the estate tax and inheritance tax. | | | | In the waning months of the Biden administration, the CFPB released a flurry of consumer protection rules. Where do they stand? | | | | 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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