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| Good morning! I'm Elisabeth Buchwald wishing it were Sunday all over again. This week we'll officially bid farewell to summer and welcome in fall. Anyway, here are the headlines you need to know to kick off your week. |
| Small businesses are thriving on TikTok. Why? They can tap into the platform's niche communities to attract customers from beyond their local neighborhoods. The search algorithm also helps users find small businesses efficiently. |
| And if you're wondering whether it's worth it to start a TikTok account for your small business consider this: Half of Gen Z TikTok users are likely to buy something while on the app, according to TikTok data. |
To 'fixer-upper' or not? |
| That is the question homebuyers are agonizing over these days. |
| With 30-year fixed mortgage rates topping 6% for the first time since 2008, homebuyers are hungry for bargains. Some homebuyers are finding big savings in fixer-upper homes. |
| The median cost of a fixer-upper home in the U.S. is around $225,000; that's about 45% cheaper than turnkey homes in cities that are the same size, according to Porch, a home-improvement site connecting homeowners and contractors. By comparison, the median price of an existing home is around $403,800, according to the National Association of Realtors. |
📰 More stories you shouldn't miss 📰 |
| 'It's happening everywhere': How social media contributed to a spike in Kia, Hyundai thefts |
| Check your freezer: More than 22,000 pounds of Healthy Choice frozen beef product recalled |
| More Musk-related lawsuits: Tesla accused of fraud, false advertising of 'autopilot' technology in lawsuit |
About The Daily Money |
| Each weekday, The Daily Money delivers the best consumer news from USA TODAY. We break down financial news and provide the TL;DR version: how decisions by the Federal Reserve, government and companies impact you. |
| Elisabeth Buchwald is a personal finance and markets correspondent for USA TODAY. You can follow her on Twitter @BuchElisabeth. |
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