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The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Tue Jun 3 2025

Daniel de Visé | Personal Finance Reporter

Good morning! It's Daniel de Visé with your Daily Money, on a day when smoke from Canadian wildfires is blanketing parts of the nation — and a Saharan dust cloud is on its way. Close the windows, folks.

As Oklahoma legislators push to restrict trans rights and overturn the 2015 Supreme Court decision legalizing gay marriage, Zane Eaves says his identity as a transgender man has put a target on his back in his home state.

Oklahoma ranks 44th in the nation on a list, released Monday, of the most and least welcoming states for lesbian, gay, bisexual, transgender and queer Americans.

Do you have a 'lost' 401(k) account?

At least $1.7 trillion languishes in lost or forgotten 401(k) accounts, with an average unclaimed balance of $56,616. Those 29 million idle accounts represent one quarter of all assets held in 401(k) retirement plans.

And those figures come from a 2023 report. The numbers could be higher now.

Tariffs are hurting US manufacturing

One of the key promises behind President Donald Trump's tariff strategy was to revive U.S. manufacturing. But the policies intended to lay that foundation are currently having the opposite effect.

During the past three months, as President Donald Trump and his administration have worked to finalize tariff rates across dozens of countries and product categories, U.S. manufacturing has contracted.

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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.