Thursday, October 2, 2025

Are pets only for the rich now?

Also: More government shutdown fallout ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌  ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 
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The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Thu Oct 2 2025

 

Daniel de Visé Personal Finance Reporter

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

Several recent reports point to a sobering conclusion: Maybe pets are only for the rich. 

One in 5 pet owners carry at least $2,000 in pet debt, according to a June survey of 1,000 American pet owners commissioned by MetLife Pet Insurance. One in 7 experience "pet poverty," struggling to meet their own basic needs while also caring for a pet. 

And wait till you see the tab for a lifetime of pet care.

IMG_5167.jpg

Hudson, the Daily Money Dog, thinks veterinary care is overrated.

Daniel de Vise

Now: Back to the shutdown. The federal government is shuttered for a second day, with Democrats and Republicans riven over healthcare funding.

The shutdown may delay the release of crucial government data. Here's why that matters.

Speaking of healthcare, a prolonged shutdown could eventually cause problems for Medicare and Medicaid recipients.

📰 More stories you shouldn't miss 📰

Does TSA operate during a shutdown?
Classic coffee brand changes name
Deadline coming to claim Capital One settlement
The retirement miracle of compounded interest
Can Ford win back consumer trust?

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.

Pet care costs are rising as veterinary care becomes more sophisticated.

Several recent reports point to a sobering conclusion: Maybe pets are only for the rich.

WASHINGTON, DC - FEBRUARY 28: Austan Goolsbee, Former chairman of the Council of Economic Advisers under President Barack Obama, testifies before the Congressional Joint Ecoomic Committee on Capitol Hill February 28, 2013 in Washington, DC. Goolsbee and fellow economics professor Michael Boskin disagreed on the speed of the nation's economic recovery during the hearing, titled "State of the U.S. Economy." (Photo by Chip Somodevilla/Getty Images)
 

Government shutdown may delay economic data. Why it matters

The partial government shutdown may leave the Fed without its usual snapshot of the labor market at a critical moment.

House Minority Leader Hakeem Jeffries, D-New York, speaks with Senate Minority Leader Chuck Schumer, D-New York, after they met with President Donald Trump and Republican leaders on Sept. 29, 2025, at the White House about the government shutdown. Funding for the federal government expires at midnight Sept. 30.
 

Medicare or Medicaid? How the government shutdown will affect you.

Doctors, hospitals and other health providers could see delays in Medicare and Medicaid payments during a longer-term shutdown.

A TSA agent scans the ID of a traveler Wednesday, May 7, 2025, inside Concourse A at Indianapolis International Airport.
 

TSA is still running during shutdown, but travel risks could grow

Why TSA checkpoints remain open during the government shutdown, and how screenings could still get disrupted.

The classic coffee brand Maxwell House will offer a special limited-edition Maxwell Apartment canister, targeting apartment dwellers.
 

Maxwell House gets new name that's definitely a sign of the times

The classic coffee found in many American pantries is changing its name as part of a limited marketing campaign to reflect the needs of consumers.

The logo for consumer lending firm Capital One Financial Corp is seen on its headquarters on Jan. 20, 2023 in McLean, Va.
 

See deadline to claim part of $425 million Capital One settlement

The last day to select your payment option for the Capital One settlement is this week.

A person seated in front of a laptop while drinking a cup of coffee.
 

Want to retire rich? Why compounding interest is your secret weapon

Contrary to a common assumption, you don't need a lot of money. You need a lot of time, and you need to use it as wisely as possible.

The 2025 Ford Maverick Lobo compact pickup's rear drive unit can send 50% of torque to the rear axle, and all that to either wheel.
 

Ford's vehicle planning needs a reboot—Can it win back consumer trust?

The automaker routinely develops outstanding vehicles, then allows them to age into irrelevance while competitors improve.

Financial advisor Gayle Jendzejec
 

How catch-up 401(k) contributions will change for some in 2026

Some older Americans will see a change in how they can make 401(k) catch-up contributions next year. Is there a catch?

USA TODAY
 

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A group of immigrants in Indiana gathered to take their oath of allegiance. But not all of them were allowed to do so. ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌...