ALL THE MONEY NEWS YOU NEED TO KNOW | | | | | Daniel de Visé | Personal Finance Reporter
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Good morning! Happy Monday! It's Daniel de Visé with your Daily Money. |
The stock market has seemed to follow a crude pattern in recent months: Each time the Fed predicts more interest rate cuts than expected, the market soars. |
The dynamic played out again last week when the Federal Reserve stuck to its forecast of three rate cuts this year, despite lingering inflation, Paul Davidson reports. The S&P 500 index has jumped 1.1% since the Fed announcement. |
Turns out the market is responding to more than the Fed. |
Coming soon to Wall Street: DJT, PDQ |
Donald Trump's name can be found on hotels, at golf resorts and even on NFT trading cards. Soon, it'll be on the stock market, too. |
The parent company of Truth Social, the social media platform the former president launched after getting booted from Facebook and X after the Jan. 6 Capitol attack, could start trading on the stock market within days, Bailey Schulz reports. |
The ticker symbol the new company plans to use? DJT, for Donald J. Trump. |
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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. | | | | The Fed's plans to cut interest rates seems to be driving up stocks and your 401(k). But it's mostly the economy and earnings. | | | | | Donald Trump's name can be found on hotels, at golf resorts and even on NFT trading cards. Soon, it'll be on the stock market, too. | | | | Delaying your retirement by even a single year could result in a higher Social Security benefit. | | | | The fast food giant said it would move from No Antibiotics Ever to No Antibiotics Important To Human Medicine starting this spring. | | | | An Ohio pharmacist thought she was being investigated and was following directions to protect her assets. Instead, she was being scammed. | | | | The NHTSA recently announced recalls for 612,829 vehicles, which include Mercedes-Benz, Hyundai, Kia, and Chrysler. | | | | Pacaso offers home buyers one-eighth shares in luxury vacation homes, giving access to a home they otherwise may not be able to afford, CEO says. | | | | The biggest step is just getting started. Here's what to do next with your 401(k). | | | | The Biden administration is trying to convince voters the economy is on the upswing. Growing pawnshop inventory suggests times are still tough. | | | | Research shows clever ticker symbols could help attract more investors. Here's a list of some fun tickers trading today. | | | | | | 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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