The Daily Money 08-05-20
We've hit the middle of the workweek, Daily Money readers. Brett Molina back to deliver the latest headlines in Money and Tech.
As lawmakers wrestle with another stimulus package and more potential unemployment aid, struggling Americans are trying to adapt without that critical $600 boost. So, what happens next?
If navigating a pandemic wasn't challenging enough, we have to do it while watching out for scams. Did you get a text message for an unpaid bill, or unclaimed cash allegedly belonging to you? Don't trust it.
Finally, the government is expected to announce cost of living adjustments (COLA) for 2021 this October. Experts project a small raise, or none at all.
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Brett Molina, Money/Tech editor