The Daily Money: A Social Security win for public workers
Good morning! It’s Daniel de Visé with your Daily Money. We plan to linger on the newsletter this morning, to put off the inevitable snow-shoveling.
President Joe Biden signed a bill Sunday that boosts Social Security benefits for millions of public sector workers. The White House describes it as the first expansion of such benefits in 20 years.
The Social Security Fairness Act eliminates two decades-old provisions that reduced Social Security benefits for some retirees who also received pension income. Here's a look at some of the workers affected.
Where's the economy headed in 2025?
The U.S. economy and job market are expected to cool in 2025. Despite that, forecasters expect another year of solid growth, Paul Davidson reports.
But the outlook is leavened with an unusual dose of uncertainty. Here's why.
Alcohol makers aren't thrilled about new rules
For the companies that brew, ferment, distill, bottle and sell alcohol in the U.S., the latest missive from the Surgeon General about alcohol and cancer is going down like a poorly worded toast.
For years, academic researchers and the media delivered a mixed message to Americans about the safety of moderate drinking. Some studies say modest amounts of alcohol might confer health benefits, while others say any drinking will hurt you.
On Friday, America’s top physician, Surgeon General Vivek Murthy, issued an advisory urging the nation to focus on alcohol's perils and calling for explicit warnings about cancer on alcohol bottles and cans.
Will new warnings turn people off alcohol?
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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.