Thursday, February 26, 2026

The end of affirmative action?

Also: A new retirement savings model ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌  ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 
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The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Thu Feb 26 2026

 

Daniel de Visé Personal Finance Reporter

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

One of President Donald Trump 's signature initiatives, and one of the most controversial, has been his push to end affirmative action.

That campaign continues. Here's an update from Jessica Guynn.

Trump floats new retirement savings model

Trump didn't have much in the way of new policy announcements in his State of the Union address, but he did propose a new way for private-sector employees to save for retirement when they lack access to a workplace plan. Rachel Barber has the details.

📰 More stories you shouldn't miss 📰

Mexico mulls legal action against Elon Musk
Bill Gates apologizes for Epstein relationship
Travelers are hooked on giant cruise ships
Ford issues "do not drive" recall over brake malfunction
McDonald's introduces its biggest burger

📰 A great read 📰

And here's a popular story from 2025 that you may have missed. Read it! Share it!

The spirits industry had a rough year in 2025, Mike Snider reports, between on-and-off tariffs from President Trump and Americans trying to drink less. Here's the fallout.

Daniel de Visé covers personal finance for USA TODAY. The Daily Money breaks down complex consumer and financial news.   Subscribe here.

A supporter gives a thumbs-up to lawyers arguing on behalf of affirmative action as they depart after the Supreme Court heard appeals in two cases on the legality of race-conscious admissions policies on October 31, 2022.

A little noticed lawsuit filed by the Trump Justice Department challenging affirmative action in the workplace may be headed to the Supreme Court.

U.S. President Donald J. Trump delivers the first State of the Union address of his second term to a joint session of Congress in the House Chamber of the United States Capitol in Washington, D.C., on Tuesday, February 24, 2026. Seated behind him are Vice President JD Vance and Speaker of the House Mike Johnson (R-LA). Kenny Holston /Pool via REUTERS
 

What to know about Trump Accounts and a new retirement plan proposal

The president touted "Trump Accounts" and announced a new plan to help Americans save for retirement in his Feb. 24 address. Here's how they'll work.

Bottles of Jim Beam Kentucky Straight Bourbon Whiskey, an American-made spirit produced in Kentucky, are displayed for sale on a supermarket liquor shelf, alongside other imported alcoholic beverages, on April 12, 2025 in Shenzhen, China.
 

Distillers, liquor industry take bankruptcy hits

With Americans drinking less alcohol and international trade affecting exports, some distilleries are filing for bankruptcy.

Mexico's President Claudia Sheinbaum speaks during a press conference about the wave of violence in Mexico, following the killing of Mexican drug lord Nemesio Oseguera, known as 'El Mencho', in a military operation on Sunday, at Palacio Nacional, in Mexico City, Mexico, February 23, 2026. REUTERS/Raquel Cunha
 

Mexico considers legal action against Musk's cartel claims

Sheinbaum called Musk's allegations, presented without evidence on his social media platform X, absurd.

Bill Gates is pictured arriving for the start of the Inaugural Artificial Intelligence Insight Forum.
 

Bill Gates admits to affairs, apologizes for Epstein relationship, WSJ reports

Bill Gates 'took responsibility' over ties to sex offender Jeffrey Epstein in a meeting with employees of the Gates Foundation.

In an aerial view, Royal Caribbean's Icon of the Seas heads out to sea from PortMiami on February 03, 2024, in Miami, Florida.
 

Mega cruise ships keep selling out, even as critics raise concerns

Mega-ships have been a hit for many cruise lines and can feel like the new normal across the industry, but not all ships are getting bigger.

Ford pickup trucks are displayed on the sales lot at Serramonte Ford on January 06, 2026 in Colma, California.
 

Ford issues 'do not drive' recall for 15,000 Transit vehicles

Ford is recalling roughly 15,000 Transit vehicles due to a loss of brake function.

McDonald's will add The Big Arch burger to its menu starting March 3 for a limited time. It has two quarter pound beef patties, three slices of melted white cheddar cheese, lettuce, pickles, onions and a special sauce.
 

McDonald's Big Arch burger hits menu in March. See when you can get it

McDonald's Big Arch, the fast-food giant's biggest burger ever, is finally coming to the U.S. It hits the menu for a limited time starting March 3.

Buc-ee's convenience store is seen on June 12, 2024 in Luling, Texas. The Texas-based convenience store and gas stop, Buc-ee's has become the world's largest convenience store with over 100 gas pumps and a 75,000 square feet store. The newly opened location in Luling is nearly 30 times larger than average convenience stores, and hosts thousands of food and beverage options.
 

Inside Buc-ee's: See what beaver fever is all about

What has brisket, spotless bathrooms and a beloved mascot? Buc-ee's has a cult-like following. See why.

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