ads by Clixsense

Friday, August 20, 2021

The Daily Money: The problem with 'love letters' from home buyers

In today's Daily Money newsletter, we have insights on a deal between Macy's and Toys R Us, Amazon's plans for department stores and a Tesla robot. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
usatoday.com

The Daily Money
 
Friday, August 20

Good morning, it's Nathan wishing you a restful weekend ahead!

🎵 I don't want to grow up, I'm a ... Macy's kid?

Something like that. If you're old enough to remember the Toys R Us jingle ("I don't want to grow up, I'm a Toys R Us kid"), you'll want to hear this news.

Macy's is adding Toys R Us-branded toy shops in more than 400 of its stores, resurrecting a brand that was liquidated after its bankruptcy a few years ago.

I just hope it doesn't take a miracle on 34th street to make this deal work.

💰 The Daily Money is USA TODAY's Monday-through-Friday-morning roundup of all things personal finance, business and tech. If this email was forwarded to you or if you found it online, you can subscribe for free here!

On to our ... 

💡 INSIGHT OF THE DAY: Prospective home buyers often write "love letters" to sellers to help convince them to pick their bid. Buyers rave about the home and share personal details about their lives, often including family photos. But advocates for fair housing practices are concerned that these letters exacerbate racist housing practices. And now the state of Oregon has banned them, our Jessica Guynn reports.

⌚ WHAT TO WATCH FOR: Amazon is reportedly considering opening something akin to department stores. Yes, as in the type of store that has been closing left and right for years.

📰 And here are more stories you won't want to miss:

1. OnlyFans built its digital business with the help of user-generated sexually explicit content. But now it's banning such content amid pressure from Wall Street.

2. Toyota vehicles may be in short supply in the coming weeks. The automaker announced a slowdown in production due to the chip shortage.

3. Flight cancelations and delays are causing a lot of frustration among travelers. Pack these 10 items in your carry-on just in case.

4. Which parts of your credit report are employers allowed to see? We have answers here.

5. Elon Musk revealed a secret on Thursday: Tesla is developing a humanoid robot.

🤖 The Tesla Bot was designed to perform physical tasks considered "unsafe, repetitive or boring," our Brett Molina reports.

The bot is 5 feet, 8 inches tall and weighs 125 pounds, can carry up to 45 pounds and can deadlift up to 150 pounds.

I just hope Musk has watched the 2004 Will Smith movie, "I, Robot."

--@NathanBomey

"For Sale" signs are seen outside a home in Glenview, Illinois
Can 'love letters' from home buyers perpetuate racism? This state...
Homebuyers across the country enclose love letters with their offers but concern is growing that these very personal pitches violate fair housing laws
That Toyota RAV4 you want? You may have to wait a while to buy it.
Heart City Toyota sales associates Deuntae Carr, l
Plan to overhaul US credit-reporting system faces an uphill battle
Although a major overhaul is difficult to pull off
Toys R Us opening new toy shops in Macy's
Toys R Us opening new toy shops in Macy's
Amazon reportedly plans to open department stores
In this file photo taken on September 27, 2018, Am
Here's how COVID-19 has forever changed indoor dining
More frequent and visible cleaning is likely to be
Why a huge number of Americans are financially vulnerable
Money quiz thumb GWS
Hyundai Sonata, Toyota Yaris among vehicle recalls this week
Cars
Which parts of your credit report can employers look at?
Employers can check your credit reports, or at lea
3 things you should never do with your emergency fund
Building an emergency fund takes work. In fact, fo
 
FOLLOW US
FB TW IG

Problem viewing email? View in browser

Unsubscribe Manage Newsletters Terms of Service Privacy Policy/Your California Privacy Rights Privacy Notice Do Not Sell My Info/Cookie Policy Feedback

No comments:

Post a Comment