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Monday, June 14, 2021

The Daily Money: Why cars are getting oooollllld

In today's Daily Money newsletter, we have insights on cars and trucks getting older, Washington Prime Group's bankruptcy and Apple's digital wallet. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
usatoday.com

The Daily Money
 
Monday, June 14

Good morning, Daily Money friends, it's Nathan welcoming you to a new week!

πŸ† We're so proud of our USA TODAY Network colleagues at the Indianapolis Star and Louisville Courier-Journal. The IndyStar was part of a collaborative project that won the Pulitzer Prize for National Reporting on Friday, while the Courier-Journal was a finalist in two categories. Journalism lives!

On to our ... 

πŸ’‘ INSIGHT OF THE DAY: Your car is getting long in the teeth, eh? You're not alone. The average age of vehicles on the road has hit an all-time high of more than 12 years. Here's my story on the trend.

πŸ“° And here are more stories you won't want to miss:

1. For some retailers, the fallout from the pandemic isn't over. Mall owner Washington Prime Group has filed for Chapter 11 bankruptcy protection.

2. Will the stock market take a breather? Here's what the second half of 2021 could look like for your retirement investments.

3. Remote jobs are here to stay. So is virtual onboarding.

4. Will the Fed take action? The Fed could signal an earlier interest rate hike as the economy surges.

5. For your next car, should you buy from a traditional dealer or buy online?

6. How much diversification in your investment portfolio is enough? A few different stocks doesn't cut it.

. Apple's new mobile operating system will allow you to add your driver's license to your digital wallet. Our Brett Molina says, no thanks.

I'm with you, Brett.

--@NathanBomey 

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Is virtual onboarding at work here to stay? Probably
Follow this advice if you're having trouble hiring
Should you buy your next car from a traditional dealer or online?
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Will billionaires' tax records lead to changes in law?
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USA TODAY Network honored with 3 nods, including award in Indy
IndyStar journalist Ryan Martin (right) and photoj
 
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