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. |
After two high-profile commercial plane crashes involving U.S. airlines this year, travelers have been left wondering if flying is still safe. |
Statistically speaking, it is, but the statistics can be a little confusing. A cursory glance at numbers from the National Transportation Safety Board will show 67 deaths in commercial plane crashes this year – a huge upward surge after zero deaths last year and very out of line with the 10-year trend, in which commercial aviation deaths have generally been measured in the single digits. |
Can Canada turn the lights out? |
With President Donald Trump imposing 25% tariffs on goods imported from Canada and Mexico, leaders from both countries have responded in kind, with one even threatening the flow of electricity to three states. |
Ontario Premier Doug Ford shared an X post on Tuesday stating that he spoke with leaders in New York, Michigan and Minnesota, "putting them on notice" that his province is prepared to add a 25% surcharge on the electricity it exports to their states if Trump's tariffs remain in place. |
Good luck finding a 'gently used' car in 2025 |
The car and truck market is about to get worse, and not just because of tariffs. |
New car sales bottomed out in 2022, the peak year of COVID-19 era shortages that hobbled assembly lines. Now, that slow year for new cars is coming back to haunt used car shoppers. |
📰 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. | | | | In light of recent high-profile aviation incidents, experts reassure travelers that commercial air travel in the U.S. remains exceptionally safe, despite the high number of recorded accidents. | | | | Ontario Premier Doug Ford threatened to impose a 25% surcharge on or shut off the electricity the province exports to Michigan, New York and Minnesota. | | | | A NASI survey asked participants their feelings on possible reforms and found these six elicited strong aversion from most of them. | | | | Pickings will be slim for 'gently used' vehicles in 2025, for one very specific reason. | | | | Canadians are steering away from U.S. goods, sports events and trips following the recent imposition of tariffs, which have left them stirred. | | | | Though we know tests can save lives by preventing colon cancer, a high percentage of us would rather do anything else than get one. | | | | Some analysts fear tariffs will not only make goods more expensive, but could create "stagflation" - a period of slow growth but high inflation. | | | | The automotive industry won't be able to adapt its years-long production cycles to produce vehicles in the U.S. quickly, experts say. | | | | Transportation authorities in Pennsylvania and Virginia warned of toll road scam texts, after the FTC said scam messages reappeared in January. | | | | 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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