ALL THE MONEY NEWS YOU NEED TO KNOW | | | |
Good morning and Happy Friday! This is Betty Lin-Fisher with Friday's consumer-focused The Daily Money. |
The union representing 45,000 U.S. dock workers and port operators on the East Coast and Gulf Coast has reached a tentative deal to end a three-day strike. |
The strike, the first by the union since 1977, threatened shortages and price increases on goods such as bananas and auto parts. The deal will extend the master contract until January while the two sides continue to negotiate on other items. |
The work stoppage caused some consumers around the country to go into panic mode for other essentials like toilet paper – even though that is mostly a domestically made product – harkening back to runs on those goods during the COVID-19 shutdown. | Members of the International Longshoreman's Association strike Tuesday at Port Elizabeth in New Jersey. Chris Pedota/NorthJersey.com/ USA TODAY NETWORK |
The American Dream is expensive |
Hoping for the American Dream? It'll cost you. |
Financial media site Investopedia recently added up the costs to reach the classic American Dream goals, such as homeownership, parenthood, a fancy wedding, cars, vacations, pets, a comfortable retirement and a dignified funeral. |
📰 Consumer stories you shouldn't miss 📰 |
Finally, here's a popular story from earlier this year that you may have missed. Feel free to share it. |
We've all heard of the millionaire next door. About 18% of Americans, or 24 million households, are worth a million dollars, according to a Motley Fool analysis. |
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. | | | | US dock workers and port operators have reached a tentative deal that will immediately end a three-day strike. | | | | Some consumers, worried about COVID-19-era shortages amid a dockworkers strike at ports, are stockpiling goods. Do they need to? | | | | You can live the American Dream, but it'll cost you. | | | | Americans across 24 states will be eligible to file taxes free using its Direct File tool, IRS says. Last year's pilot only included 12 states. | | | | Costco said in its fourth quarter earnings call that the company has cut prices on some of its private label Kirkland Signature items. | | | | The long-delayed sailing departed Belfast, Northern Ireland, where its Villa Vie Odyssey ship has been docked in recent months, on Thursday. | | | | The job market and employers made a surprisingly strong showing in the September jobs report, new figures show. | | | | Waiting for a passport can be stressful, but that wait just got a little shorter. | | | | Roughly 33,000 Boeing workers have been on strike since Sept. 13. Boeing cut off their healthcare benefits on Sept. 30. | | | | 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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