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Monday, November 15, 2021

🚘 The Daily Money: Reinventing the (steering) wheel

In today's Daily Money newsletter, we have insights on the future of the steering wheel, child tax credits and newly constructed homes. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
usatoday.com

The Daily Money
 
Monday, November 15

Hi, Daily Money team, it's Nathan wishing you a happy week ahead!

A bank teller obsessed with "The Thomas Crown Affair" allegedly stole the modern-day equivalent of $1.7 million from his workplace in Cleveland in 1969 ... and got away with it.

More than a half-century later, federal authorities finally figured out where he went

But Theodore John Conrad, one of America's "most wanted" fugitives, won't be arrested. He died of lung cancer in May at age 71.

πŸ’° 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 ...

πŸ’‘ INSIGHT OF THE DAY: I bet you were taught to drive with your hands on the wheel at 10 and 2. Well, it turns out that guidance is outdated. AAA now advises drivers to keep their hands at 9 and 3 or even 8 and 4. The advent of power steering and steering-wheel-mounted airbags apparently changed things long ago.

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

1. Does the steering wheel need to be round? Tesla has introduced a new yoke-shaped wheel.

2. Elon Musk taunted Bernie Sanders. He's upset about Democrats' proposed wealth tax.

3. Crypto for a cause: Charities are accepting more bitcoin donations as a rise in cryptocurrency wealth fuels giving.

4. Child tax credit payments go out today: Here's how to sign up.

5. Want to buy a newly constructed home? Focus your search on the South.

6. Santa is in short supply: COVID fears have prevented many traditional Santas from donning the red suit this year.

πŸŽ„ In other words, as my colleague Jordan Mendoza already put it, Santa may not be coming to town.

--@NathanBomey

Tesla recently introduced a yoke-style, rectangular steering wheel in the Model S electric sedan. Consumer Reports tested this version of the Model S to gauge the performance of the new design.
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