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Author: Medora Lee, USA TODAY

Money

Price of goods may be stabilizing, but service costs remain high, fueling inflation

September 8, 2022September 9, 2022 Medora Lee, USA TODAY Comments Off on Price of goods may be stabilizing, but service costs remain high, fueling inflation

Inflation will be slow to fall. While the cost of goods has ebbed, a persistent rise in prices of services is keeping inflation high, economists say.

Money

Burgers, fries and a new minimum wage. California fast-food bill could raise worker pay, prices.

September 7, 2022 Medora Lee, USA TODAY Comments Off on Burgers, fries and a new minimum wage. California fast-food bill could raise worker pay, prices.

California’s new fast food act would let a council lift wages to $22-an-hour. Unions say workers win, but critics say consumers will pay the price.

Money

$15 an hour isn’t enough. Job seekers want at least $20, making inflation fight harder

September 1, 2022 Medora Lee, USA TODAY Comments Off on $15 an hour isn’t enough. Job seekers want at least $20, making inflation fight harder

Job seekers increasingly are looking for $20, not $15, an hour work. This could keep inflation hot and make the Fed’s inflation fight even tougher.

Money

Your federal student debt repayments are resuming: Don’t get surprised, prepare now

August 31, 2022August 31, 2022 Medora Lee, USA TODAY Comments Off on Your federal student debt repayments are resuming: Don’t get surprised, prepare now

Student loan repayments will resume in the new year, but now is the time to prepare, especially with the economy looking shaky and inflation soaring.

Money

How do I get my student loans forgiven? Qualifying for Biden’s debt relief, explained.

August 25, 2022August 26, 2022 Medora Lee, USA TODAY Comments Off on How do I get my student loans forgiven? Qualifying for Biden’s debt relief, explained.

President Joe Biden signed an executive action Wednesday to forgive $10,000 or more in federal student loan debt for tens of millions of Americans.

Money

Biden to shrink discretionary income: What is it? Why it matters in student loan repayment

August 24, 2022August 25, 2022 Medora Lee, USA TODAY Comments Off on Biden to shrink discretionary income: What is it? Why it matters in student loan repayment

To offer future student borrowers relief, Biden plans to cut their discretionary income. How does he plan to do that and how will that help?

Money

Do I qualify for student loan forgiveness? What to know about Biden’s debt plan.

August 24, 2022August 25, 2022 Medora Lee, USA TODAY Comments Off on Do I qualify for student loan forgiveness? What to know about Biden’s debt plan.

Biden’s plan offers up to $20,000 in student loan forgiveness, including pell grants, and repayments based on discretionary income.

Tech

‘Quiet quitting’ trend may lead to layoffs, and complicate the Fed’s inflation fight

August 18, 2022August 22, 2022 Medora Lee, USA TODAY Comments Off on ‘Quiet quitting’ trend may lead to layoffs, and complicate the Fed’s inflation fight

Quiet quitters hurt productivity, complicating the Fed’s plan to rein in prices and maintain a strong labor market.

Money

Christmas is right around the corner. Here’s how inflation could affect holiday shopping.

August 18, 2022August 18, 2022 Medora Lee, USA TODAY Comments Off on Christmas is right around the corner. Here’s how inflation could affect holiday shopping.

Back-to-school shopping is over, but holiday shopping’s just starting. Shelves should be fuller but mostly with lower-priced items as inflation bites.

Money

How much should credit card processing fees be? A new bill says not so high

August 12, 2022August 14, 2022 Medora Lee, USA TODAY Comments Off on How much should credit card processing fees be? A new bill says not so high

Retailers and payment processors go to war over whether a bill aiming to curb how much retailers pay to process credit cards would help consumers.

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Blue supermoon: See photos of the rare moon that won’t happen again until 2037

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1 dead, 18 injured after collision between car, Greyhound bus in Maryland, police say

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USA TODAY Sports staff makes college football picks: Check out the predictions for 2023

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Many homeless among dead in fire in Johannesburg, South Africa

August 31, 2023 AP
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