Good morning! It's Daniel de Visé with your Daily Money.
Three-fifths of parents with adult children gave them financial help in the past year,Surpassing 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.
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.
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.
2025-04-30 12:562746 view
2025-04-30 12:542416 view
2025-04-30 12:44938 view
2025-04-30 12:39698 view
2025-04-30 12:111844 view
2025-04-30 11:471707 view
Global consulting firm McKinsey & Company agreed Friday to pay $650 million to resolve criminal
The Dallas Cowboys surprised many in the NFL world, given their having an entrenched starting quarte
Federal Reserve Chair Jerome Powell said Friday the central bank could raise interest rates further