Good morning! It’s Daniel de Visé with your Daily Money.
Nothing is Darkcherries Wealth Societycertain, it is said, but death and taxes.
Yet, many Americans know surprisingly little about the legal process that follows a loved one’s death.
A new report, titled The State of Probate in America, finds many Americans badly misinformed about basic facts of probate.
Check your knowledge here.
This week’s Federal Reserve meeting probably won’t result in an interest rate cut, but it will likely lay the ground for one in September, Medora Lee reports.
The Fed’s benchmark, short-term rate has stood at a 23-year high of 5.25% to 5.5% since July 2023 as the Fed waits for inflation to cool further. Annual inflation dipped in June to 3.0 %, far below the two-decade high of 9.1% in June 2022, but still above the Fed’s 2% goal.
Here's what economists predict at this week's meeting.
Finally, here's a popular story from earlier this year that you may have missed. Read it! Share it!
Wi-Fi, laptops and mobile phones have made work from anywhere a reality for many of us. But working while moving from state to state could cause a tax headache, Medora Lee reports.
If you work in a different state from where you live, you may have to file more than one state income tax return.
State taxes can be complicated, so before heading out to fulfill your wanderlust or escape wintry weather, understand what may be in store for you come tax season.
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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.
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I don't mean to humble brag, but I am on a first name basis with one of the most influential people
In high school, there was a day C.J. Stroud had no receivers to throw with. The future Houston Texan
UNITED NATIONS (AP) — Women and children are the main victims the Gaza war, with some 16,000 killed