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. |
Temporary workers were hit with 49,000 job losses in June, a possible sign the labor market is poised to cool significantly in the months ahead. |
The decline, highlighted in the June employment report, caps a stunning two-year streak of job losses in a sector that traditionally has served as a bellwether for hiring across the U.S. Temporary staffing agencies serve a variety of industries but especially manufacturing, warehousing, retail, health care, technology and administrative office work. |
No more personal checks at Target |
Don't bother bringing your checkbook to Target. Very soon, the retailer won't be accepting personal checks. |
Target will no longer take personal checks for customer purchases starting July 15, Mike Snider reports. |
The use of personal checks has dipped in recent years. Consumer use of personal checks declined to just 3% of payments made in 2023, down from 4% in 2021 and 2022, and 7% in 2020, according to Federal Reserve Financial Services. Some other major retailers not accepting personal checks: Aldi and Whole Foods Markets. |
📰 More stories you shouldn't miss 📰 |
We're a big fan of Betty Lin Fisher's Uncomfortable Conversations series. Here's her latest. |
Vacation is a time to unwind and relax. Going away with friends can be a great way to experience a new place together. But what happens when your vacation spending styles clash? |
Brittany VanDerBill went on vacation with a friend from college about two years ago. The two were originally going to go on a beach vacation but then decided on Las Vegas. |
They quickly found out that their vacation spending styles were not the same. |
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. | | | | A two-year pullback in temp jobs has shown employers prefer permanent workers during labor shortages. Now it may also be signaling employer caution. | | | | | Two days after the end of the Target Circle Week sale, which runs July 7-13, the retailer will quit taking personal checks for payment in stores. | | | | This month's Uncomfortable Conversations About Money tackles the dilemma when you vacation with friends but have different spending styles. | | | | The American Music Fairness Act would require U.S. radio stations, like stations in most other countries, to pay performers for playing their songs. | | | | This is how you arrive in style and comfort to the golf club. | | | | A new economic index based on 240 million consumers offers optimism as the June inflation report is released this week. | | | | The 2024 back-to-school sale at Target gets underway Monday, July 8, with deals on school supplies, dorm room essentials and more. | | | | The plea agreement, which requires a federal judge's approval, would brand the planemaker a convicted felon. | | | | If you want to maximize your lifetime retirement benefits, there's a clear best answer statistically for when to begin receiving Social Security. | | | | Some of the trucks included on our list are modern, some nostalgic, and some are forward-looking. | | | | | | 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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