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Author: Medora Lee, USA TODAY

Money

Why are Americans less interested in owning an EV? Cost and charging still play a part.

July 27, 2023July 28, 2023 Medora Lee, USA TODAY Comments Off on Why are Americans less interested in owning an EV? Cost and charging still play a part.

EV concerns have eased, but fewer people want to buy one, a survey shows. Low-income shoppers are most wary of costs and having places to charge.

Money

Another Fed rate increase squeezes big spenders, but penny pinchers win. Here’s why.

July 26, 2023July 27, 2023 Medora Lee, USA TODAY Comments Off on Another Fed rate increase squeezes big spenders, but penny pinchers win. Here’s why.

Another Fed rate hike further squeezes weary consumers but gives savers a boost. Is it the last increase? Markets seem to think so.

News

High-income retirement savers may have to pay tax now on catch-up contributions. Eventually.

July 25, 2023July 25, 2023 Medora Lee, USA TODAY Comments Off on High-income retirement savers may have to pay tax now on catch-up contributions. Eventually.

A plan to tax high-income, older Americans’ catch-up 401(k) contributions is set to launch in January, but a myriad of issues could force a delay.

Money

Taxpayers no longer have to fear the IRS knocking on their doors. IRS is ending practice.

July 24, 2023 Medora Lee, USA TODAY Comments Off on Taxpayers no longer have to fear the IRS knocking on their doors. IRS is ending practice.

Americans will no longer have to fear an unannounced IRS visit. The agency’s ending that practice to keep people safe and scammers at bay.

Money

Biden is targeting the ‘junk fees’ you’re always paying. But it may not save you money.

July 23, 2023 Medora Lee, USA TODAY Comments Off on Biden is targeting the ‘junk fees’ you’re always paying. But it may not save you money.

President Joe Biden’s efforts to eliminate junk fees won’t necessarily save shoppers any money, critics warn. Here’s why.

Money

Powerball winner? Lock up your ticket and go hide. What to know if you win the jackpot

July 20, 2023July 21, 2023 Medora Lee, USA TODAY Comments Off on Powerball winner? Lock up your ticket and go hide. What to know if you win the jackpot

If you’re the sole winner of Wednesday night’s $1.08B Powerball drawing, it’s time to beware of scammers and get working on a plan to claim your prize.

Money

Dealers have cars and prices are stabilizing, but people still can’t buy a car. Here’s why

July 19, 2023July 20, 2023 Medora Lee, USA TODAY Comments Off on Dealers have cars and prices are stabilizing, but people still can’t buy a car. Here’s why

Lenders are turning cautious, leery of consumers piling on more debt. That is making it harder for car shoppers to get an auto loan.

Money

More Americans rejected for loans just as they may be feeling tapped out, Fed survey shows

July 17, 2023July 18, 2023 Medora Lee, USA TODAY Comments Off on More Americans rejected for loans just as they may be feeling tapped out, Fed survey shows

The rejection rate for Americans looking for a loan hits a 5-year high, Fed data show. Banks are turning cautious as rates rise and the economy slows.

Money

EV sales growth’s about to slow. If building is getting easier, why is selling them harder?

July 14, 2023July 16, 2023 Medora Lee, USA TODAY Comments Off on EV sales growth’s about to slow. If building is getting easier, why is selling them harder?

EV sales are brisk but aren’t keeping up with supply and forcing an inventory buildup, Cox Automotive says. “Hard-growth days are ahead,” it predicts.

Money

Social Security COLA 2024 estimates rose in an unexpected twist. Here’s why.

July 12, 2023July 13, 2023 Medora Lee, USA TODAY Comments Off on Social Security COLA 2024 estimates rose in an unexpected twist. Here’s why.

Despite easing inflation, next year’s Social Security cost of living adjustment (COLA) inched up to 3% from 2.7% last month.

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Headlines

Justice Clarence Thomas discloses three trips paid for GOP donor, attorney blasts critics

August 31, 2023 John Fritze, USA TODAY

PCE inflation report: Key measure ticks higher in July. What will the Fed do?

August 31, 2023 Paul Davidson, USA TODAY

Gadget guru or digitally distracted? Which of these 5 tech personalities are you?

August 31, 2023 Jennifer Jolly

‘Never seen anything like this’: Idalia deluge still wreaking havoc in Southeast. Live updates

August 31, 2023 John Bacon, Douglas Soule and Christopher Cann, USA TODAY

U.S. Embassy urges Americans to leave Haiti ‘as soon as possible’

August 31, 2023 Kim Hjelmgaard, USA TODAY

These kids are good: Young Reds in pursuit of a pennant stretch to remember

August 31, 2023 Bob Nightengale, USA TODAY

Idalia makes history along Florida’s Big Bend, McConnell freezes again: 5 Things podcast

August 31, 2023 Taylor Wilson, USA TODAY

5 people shot in Illinois, 2 in critical condition

August 31, 2023 AP

USA TODAY Sports staff makes college football picks: Check out the predictions for 2023

August 31, 2023August 31, 2023 USA TODAY

Why Deion Sanders’ Colorado Buffaloes team could surprise the nation (or not)

August 31, 2023 Brent Schrotenboer, USA TODAY
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