The Daily Money: Election 2024 and your wallet
Good morning! It’s Daniel de Visé with your Daily Money.
For many Americans, the upcoming election is about more than politics. A large share believe the outcome will make a deep impact on their financial lives, affecting their wealth, retirement, investments, spending and emergency savings, Paul Davidson reports.
The most popular line of thinking goes something like this: "If my candidates win, I’ll be richer and can retire earlier and spend more freely. If they lose, I’ll have to be more frugal, work longer and sock away more cash for crises."
Streaming services want to cancel 'click to cancel'
Streaming services and other businesses are suing to block a new rule that would make it easier to cancel subscriptions and memberships.
NCTA – The Internet & Television Association, which represents major cable and internet providers such as Charter Communications and Comcast, as well as media companies such as Disney, and other trade groups say the Federal Trade Commission overstepped its authority with the “click to cancel” rule.
Will "click to cancel" be canceled before anyone gets to cancel anything? Find out here.
Can tiny apartments solve the housing crisis?
You’ve heard of tiny houses. What about tiny, tiny, apartments?
A new proposal to address the housing crisis would convert empty office space in many American cities to deeply affordable apartments for rent, Andrea Riquier reports. The catch: In order to be so cheap, the units would be 150 square feet at the most, about the same size as the average college dorm, and meant mostly for sleeping.
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About The Daily Money
Each weekday, The Daily Money delivers the best consumer and financial news from Paste BN, 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.