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. |
Remember April? What a wild month. Here at The Daily Money, we're grateful that May has unfolded in relative peace, at least on the financial front. |
But not all is calm. In the housing market, homeowners insurance has come to embody the effects of climate change. Over the past several years, more frequent and costly severe weather events have strained insurance companies, even as skyrocketing premiums punish homeowners' wallets. |
How much emergency savings is enough? |
The average American family in 2025 should have at least $35,000 in emergency savings, according to a new report from Investopedia. And the figure keeps rising. |
That tab represents six months of emergency expenses for the typical American household, and it totals about two-fifths of that household's annual income. Click here to see how we arrived at the figure. |
With the swirl of a black Sharpie marker, President Donald Trump issued an executive order on his first day back in the White House, cracking down on what he calls "illegal and radical" diversity, equity and inclusion practices. |
It was the first in a series of actions to make good on campaign promises to wipe out DEI. |
📰 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. | | Insurance protects homeowners from financial distress after climate disasters, but existing guidelines don't cover the scope of the problem. | | Investopedia calculated exactly how much emergency savings the average household should have in 2025. It's a large number. | | | | From his first hours in office, President Donald Trump has been working to terminate DEI. But DEI is proving hard to kill. Here's why. | | | | Converting your home equity to cash can be a daunting prospect. Here is some background on the options and what to keep in mind. | | | | As millennials take center stage in the workforce, employers are reconsidering what it means to care for their employees' wellbeing. | | | | The Target protests are meant to pressure the retailer to re-establish its commitment to DEI and other demands by the organizers. | | | | These 13 positions don't require a college degree, offer good pay and career stability, and aren't at risk of replacement by AI. | | | | Fortunately, you can complete a lot of important Social Security tasks online. And best of all, you'll never find yourself on hold. | | | | The low-price retail giant warns that the high cost of tariffs will be passed on to consumers by the end of May. | | | | 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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