ALL THE MONEY NEWS YOU NEED TO KNOW | | | | | Daniel de Visé | Personal Finance Reporter
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Three-fifths of parents with adult children gave them financial help in the past year, Pew Research reports in a new study. |
The finding illustrates -- in case we needed a reminder -- that modern parenting does not end when a child turns 18. But supporting an adult child can get costly, financial planners say. And parents need to make sure their own financial needs are met. Read the story . | A help wanted sign in Lansdale, Pa. Matt Rourke, AP |
The job market is brisk. Why aren't Americans feeling it? |
Friday's blockbuster jobs report, which showed employers adding a stunning 353,000 jobs last month, again pointed up a nagging question: If the economy and labor market are so strong, why aren't more Americans feeling it? |
To be fair, Paul Davidson reports, people are feeling better than they have in the past couple of years. Consumer sentiment in January jumped to the highest level since mid-2021, thanks to easing inflation and rising incomes, according to a University of Michigan index that was also released Friday. |
But the closely watched gauge is still well below its pre-pandemic level. Read Paul's story. |
📰 More stories you shouldn't miss 📰 |
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. |
Daniel de Visé covers personal finance for USA Today. | | | | Three-fifths of parents with adult children gave them financial help in the past year, for better or worse. | | | | | The economy added a blockbuster 353,000 jobs in January. But consumers are feeling just so-so. | | | | A doctored Biden video was a test case for Facebook's deepfake policies. The Oversight Board is calling for changes to prevent election tampering. | | | | An estimated 161,031 Black or African American-owned businesses were in operation in 2022, an increase from 2020. | | | | The NHTSA recently announced recalls for over 2 million vehicles which include Tesla, Toyota, and PACCAR. | | | | The 1 Maros Lane mansion near Chicago went on the market for $3.5 million. It was owned by R. Kelly until 2011. Rudolph Isley bought it in 2013. | | | | When Eagles center Jason Kelce took his shirt off to celebrate a touchdown by brother Travis Kelce, it was a moment. Now it's a toy. | | | | People are filming themselves getting laid off and going viral for it online. It says a lot about workplace trauma and how we cope with uncertainty. | | | | McDonald's will bring back its Shamrock Shake on Monday, Feb. 5, weeks earlier than it returned in 2022. Also returning: the Oreo Shamrock McFlurry. | | | | About 142,000 Bissell Multi Reach Hand and Floor Vacuum Cleaners were recalled for a potential fire hazard. Affected consumers should contact Bissell. | | | | | | Sign up for the news you want | Exclusive newsletters are part of your subscription, don't miss out! We're always working to add benefits for subscribers like you. | | | | | | |
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