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Hi, Daily Money team, it's Nathan wishing you a happy weekend! |
π️ Consider this a fair warning that the holiday shopping season is upon us. Black Friday is two weeks from today. |
π° 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 ... |
π‘ INSIGHT OF THE DAY: Inflation is at a 31-year high, and, yes, the prices of things like food have risen sharply. But a few factors are having an outsized impact on the numbers. For starters, a year-over-year increase in hotel and airline prices from 2020's rock-bottom lows looks rough on paper – but we're basically getting back to more normal levels. Even more significantly, car prices have skyrocketed. It's pretty ugly. But the good news is that if you don't need a new car anytime soon, that won't affect you too much. |
π‘ π‘ BONUS INSIGHT: Say goodbye to the offering plate. I'm not sure if this is divine or ... the opposite. But some churches are beginning to accept cryptocurrency from their parishioners. |
π° And here are more stories you won't want to miss: |
1. Inflation can be confusing: Here's a basic primer on what it means for you. |
2. Wages are rising, but so are consumer prices. Is this a wage-price spiral? |
3. These 'unruly' passengers spit at, punched and kicked airline crew members. Now, they face hefty fines. |
4. Disney+ Day is today: Get ready for deals and new releases. |
π₯ Among them: The new "Home Alone" movie. As a child of the 90s, I can't decide if I'm outraged or intrigued. |
--@NathanBomey |
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