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The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Tue Jul 15 2025

Daniel de Visé | Personal Finance Reporter

Good morning! It's Daniel de Visé with your Daily Money.

In recent months, critics of President Donald Trump 's tariff campaign have braced for an unwelcome rise in the inflation rate. That moment may have arrived.

Prices rose by 2.7% in the 12 months through June, the Labor Department announced on Tuesday. It's the highest annual inflation rate since February, and a sign that Trump's import taxes may be finally raising consumer prices, as many forecasters predicted.

Here's a breakdown on where prices are rising.

Gen Z is posting side-hustles

Monday through Friday, Cindy Dionicio hits snooze on at least one of her 3:30 a.m. alarms before getting up. She packs a Victoria's Secret tote bag for her dental receptionist job later that day. But first, there's a 15-minute drive to the Dunkin' Donuts, where she works the opening shift.

Gen Z employees are increasingly choosing to take on multiple jobs or side gigs. Some are filming the experience for TikTok.

The rising cost of eating out

That dinner out for the family or your next date-night meal might cost a little more, according to the latest look at June menu price changes by Toast.

For the month of June, the median price of a premium cup of coffee, cold brew, beer and a burger have all crept up.

Is anything getting cheaper?

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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.