ALL THE MONEY NEWS YOU NEED TO KNOW | | | | | | Amritpal Kaur Sandhu-Longoria | Investigative Reporter, Consumer Watchdog @AmritpalKSL | | | | |
This is Amritpal Kaur Sandhu-Longoria with your Daily Money headlines. Happy middle-of-the-work-week day. |
Rent prices are up overall but still not as high as last summer . The national median rent price is now $2,029, 1.8% less than in August 2022 when rents reached $2,053. Rent prices declined in the West, moderately increased in the South, while the Northeast and Midwest experienced the highest price gains. |
On a monthly basis, rents grew in 57% percent of markets, and 10 states had the highest year-over-year rent growth, with more than 6% rent increase − South Dakota, Mississippi, Iowa, North Dakota, New York, Arkansas, Nebraska, New Hampshire, Wisconsin, and Indiana. | A sign is posted in front of an apartment building with available rentals on June 09, 2023 in San Francisco, California. Justin Sullivan, Getty Images |
Drivers struggling to get car loans |
And those car payments are getting expensive for some consumers − the number of Americans paying at least $1,000 a month on new loans reached a record high of just over 17%. |
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| • | Happy National Hot Dog Day! Celebrated for almost 50 years, places like Sonic, 7-Eleven and Love's Travel Stops are offering hot dog deals and promotions nationwide. | | • | Chipotle is giving people the chance to win free food when the U.S. Women's National Soccer Team plays their first three games in 2023 World Cup. The team will post codes on their Twitter when they score, and the first 2,500 fans to text the code to 8888222 will get a free digital entrée. |
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Each weekday, The Daily Money delivers the best consumer news from USA TODAY. We break down financial news and provide the TLDR version: how decisions by the Federal Reserve, government and companies impact you. | | | | Here's five visuals to showcase the scope of how a UPS strike could impact the company's domestic airline hubs and just how big UPS Worldport is. | | | | Peacock is raising its monthly rate for the first time since launching in 2020, following other streaming platforms who have recently done the same. | | | | The soda is part of Little Caesars' Pineapple Pair-Up Combo, which includes a 16-ounce Pepsi Pineapple and a large pizza. | | | | Authorities in Missouri pulled in multiple agencies, including the FBI, to handle the threat at a Ford plant. Workers were evacuated. | | | | Among the recalls published by the NHTSA last week were 43,400 Toyota and Lexus SUVs, about 950 Toyota pickups, and nearly 2,000 BMW vehicles. | | | | Credit card with 0% rates are still marketed, even as many APRs of 20% to 30% flourish. What consumers need to know about getting a low rate. | | | | Social Security benefits got their biggest cost-of-living adjustment in decades this year, but retired workers will probably get a much smaller raise in 2024. | | | | Customers have complained about dealer price hikes on the F-150 Lightning and now Ford is cutting the MSRP by thousands of dollars. | | | | Harley-Davidson CEO Jochen Zeitz launched a turnaround plan which doubled down on Harley's core products: touring bikes, large cruisers, and trikes. | | | | In a world where a credit card reader's pleasant chirp says you've tapped away some of your money, a cash diet can reset your shopping mindset. | | | | | | | 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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