The Daily Money: Are Black Friday deals real?
Good morning! It’s Daniel de Visé with your Daily Money.
Black Friday lures shoppers out at the crack of dawn with its flash discounts on all the latest technology. But a new study shows that nearly a third of those deals aren’t really deals at all. Medora Lee explains.
Trump's tariffs and you
The tariffs President-elect Donald Trump has threatened to impose on imports from Mexico and Canada would significantly increase U.S. inflation next year and modestly curtail economic growth, Paul Davidson reports.
On Monday, Trump vowed to slap all goods shipped to the U.S. from Mexico and Canada with a 25% tariff and all Chinese imports with a 10% levy on his first day in office, Jan. 20. In a social media post, Trump said his aim is to pressure the countries to stop the flow into the U.S. of illegal drugs and immigrants who lack permanent legal status.
Here's how those taxes might affect consumer prices.
Side hustles for holiday cash
Aditya Sachdeva has a full-time job working at a digital marketing agency. But he also has a side gig, doing data work.
Sachdeva, 27, increases the number of side hustle projects he picks up at the end of the year so he can have extra money for his holiday expenses.
As Betty Lin-Fisher reports, more workers are doing the same thing.
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- Financial success varies by generation
- A shopping editor's favorite Black Friday deals
About The Daily Money
Each weekday, The Daily Money delivers the best consumer and financial news from USA TODAY, breaking down complex events, providing the TLDR version, and explaining how everything from Fed rate changes to bankruptcies impacts you.
Daniel de Visé covers personal finance for USA Today.