ALL THE MONEY NEWS YOU NEED TO KNOW | | | | | | Daniel de Visé | Personal Finance Reporter
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The CEO of Kellogg's, Gary Pilnick, raised eyebrows when he suggested struggling families dine on breakfast cereal during a live interview with CNBC last week, Emilee Coblentz reports. |
"Cereal for dinner is something that is probably more on trend now," he said, "and we would expect to continue as that consumer is under pressure." |
His observation comes at a moment when the average family is spending more than $1,000 a month on groceries. Read the story. |
Hubby guilty of insider trading after overhearing wife's calls |
Here's another potential downside to remote-working with your spouse. |
The husband of a former BP executive has pleaded guilty to securities fraud after allegedly listening in on his wife's remote-work conversations, federal officials say. |
Tyler Loudon, 42, of Houston, Texas made $1.7 million in illegal profits from the purchase and sale of stock shares, Gabe Hauari reports. |
Loudon's wife worked on the company's deal to acquire a truck stop and travel center company. The feds allege Loudon overheard several of her conversations about the merger, then purchased TravelCenters stock before the deal was announced. Read the story. |
📰 More stories you shouldn't miss 📰 |
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. |
Daniel de Visé covers personal finance for USA Today. | | | | The husband of a former BP executive has pleaded guilty to securities fraud after he allegedly made over $1.7 million in illegal profits. | | | |  | Kellogg CEO Gary Pilnick's advice that struggling families should eat cereal for dinner to save money has consumers reacting to the year-old campaign. | | | | The sizable portfolio overseen by the Oracle of Omaha and his team is highly concentrated. | | | | The Insurance Institute for Highway Safety announced its Top Safety Pick award winners Tuesday. See which companies, brands took home the most awards. | | | | The Kroger Albertsons merger is on hold as the FTC sues saying the deal would stifle supermarket competition and likely lead to steeper grocery prices | | | | Wendy's is planning to roll out a dynamic pricing model as early as next year. This means menu prices would fluctuate based on time and demand. | | | | Macy's announced Tuesday it will shut down 150 stores through 2026, with 50 locations shuttering this year. | | | | Bully in the office: Creating an atmosphere where employees feel safe reporting incidents without fear of retaliation is critical. | | | | These three companies reward their shareholders with high-quality and high-quantity dividends. | | | | Early retirement may be doable for you, but there may also be a better option. | | | | |  | 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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