The Daily Money: Has Trump mishandled the economy?
Good morning! It’s Daniel de Visé with your Daily Money.
Most Americans now express little or no confidence in how President Donald Trump is handling the economy, a Pew Research Center survey shows, a vulnerability in an area that has long been a source of his political strength.
The findings from Pew, a respected brand in the opinion polling space, underscore the challenges for the president as he pursues sweeping and fundamental change.
Ad campaign touts made-in-America vehicles
In what some industry experts see as a Hail Mary ahead of May 3, the day President Donald Trump is expected to implement 25% tariffs on auto part imports, Ford Motor Co. and Stellantis have taken to running ad campaigns to tout their American manufacturing might.
Industry experts view the ads as an effort to influence Trump to exempt auto parts from those tariffs.
Is college worth it? Economists weigh in.
A college graduate earns $32,000 more in a year than a worker with only a high school diploma, according to a new report from Federal Reserve economists.
The payoff on a college degree stands near its all-time high, the economists report in an April 16 post from the Federal Reserve Bank of New York. If you think of college as an investment, the return on that investment has held steady over the last three decades at 12% to 13% a year.
The report comes at a moment of crisis for America's colleges and universities.
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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.