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| Happy Hump Day. It's Bailey Schulz with your Daily Money headlines. |
| The holidays are approaching fast, but recent reports indicate that consumers aren't feeling the holiday cheer this year. |
| The Conference Board Consumer Confidence Index dropped to 102.5 after two consecutive months of gains, and this month's Expectations Index – which measures consumers' short-term outlook for income, business and labor market conditions – fell to its lowest level since April 2021. |
| All of this indicates that inflation, interest rate hikes and a possible recession are starting to weigh on consumers. |
| It's bad news for retailers, since a pessimistic outlook on the economy means more families may be cutting back on holiday spending this year. |
iPhones to feature USB-C charging |
| Remember when Apple shifted away from the bulky 30-pin dock connector for the Lightning connector in 2012? Apple fans may need to prepare for another charger update. |
| Lightning cables could soon become obsolete after Apple's senior vice president of worldwide marketing said the company would comply with a European Union law requiring all mobile devices to support USB-C charging. |
| Lawmakers in the U.S. have also pushed the U.S. Commerce Department to adopt a similar law, saying a universal standard for charging mobile devices would help save consumers' money and cut down electronic waste. |
| Apple already has some devices that support USB-C charging, including newer iPad models, but has not said when it would introduce USB-C to iPhones. |
📰 More stories you shouldn't miss 📰 |
| The number of Americans without a bank account drops to lowest level in more than a decade |
| The US housing shortage is 'awful' and will likely get worse with no apparent end in sight |
| Video games may bring cognitive benefits to kids, study shows |
| Ford has 3 vehicles, F-150, Explorer, Escape SUVs, which you can find easily. You'll have to wait for others. |
🍔 Today's Menu 🍔 |
| Halloween is just five days away, and we've got the perfect round-up of charcuterie (scare-cuterie? char-spook-erie?) board inspiration. |
Don't miss our investment guide |
| Stay calm and invest on. Consider your choices – and what to invest in, and whether to do it yourself. Get more advice like this in USA TODAY's Personal Finance Investment Guide. |
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 TLDR version: How decisions by the Federal Reserve, government and companies impact you. |
| You can follow USA TODAY reporter Bailey Schulz on Twitter @bailey_schulz and subscribe to our free Daily Money newsletter here for personal finance tips and business news every Monday through Friday. |
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