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The Daily Money 10-14-20


We've reached Hump Day, Daily Money readers. It's Brett Molina here with your Money and Tech headlines for Wednesday.

Before we begin, you might be asking yourself "what happened to Tuesday's Daily Money?" Was it a technical glitch? Perhaps. Did a certain editor of this newsletter get distracted searching Amazon Prime Day deals? I can neither confirm nor deny. Just know that we're sorry for the inconvenience, and appreciate your readership.

Now, back to those Wednesday headlines:

It's the middle of October, and the IRS still hasn't processed a lot of Americans' tax returns, 2.5 million to be exact. This means if you were expecting a refund, you're still waiting for that check to arrive.

Another side effect of the struggling economy during this pandemic: donations to nonprofit organizations have plunged.

Finally, Apple unveiled the iPhone 12 on Tuesday. We learned everything from when it's available to how much it will cost (hint: it's not cheap). But here's what Apple didn't tell us about the new iPhone.

Need more Money and Tech headlines? Keep scrolling. And, again, thanks for reading.

Brett Molina, Money/Tech editor