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The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Mon Jun 2 2025

Daniel de Visé | Personal Finance Reporter

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

House Republicans have done their job, narrowly passing President Donald Trump's sweeping tax and policy bill. Next up: the Senate.

As members of Congress return to Washington today after a weeklong break, the upper chamber will dig into the more than 1,000-page bill. House Speaker Mike Johnson has urged his Senate counterparts to "make as few modifications to this package as possible," but senators may have other plans.

Long waits on the job market

When Jessica Chibuzor-Muko graduated from college a year ago, she figured her degree in cybersecurity would serve as a ticket to a near-certain job at a good salary.

Then she ran into the brick wall known as the 2025 U.S. job market.

No more sticker shock?

American consumers may be learning to live with inflation.

A long-running Gallup poll shows a steep drop in the share of Americans who name inflation as their biggest financial problem. Another recent survey, from the Ipsos Consumer Tracker, found fewer Americans think prices are rising.

Are we getting used to higher prices?

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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.