Good morning and Happy Friday! This is Betty Lin-Fisher with Friday’s consumer-focused edition of The Daily Money.
We’re following the latest tariff news this morning, including President Donald Trump’s warning to Apple of a new 25% import tax if iPhones are not made in the U.S. and his recommendation of a 50% tariff on the European Union starting June 1.
Catch up on the latest information with live updates.
See a penny, pick it up? Now what?
After 233 years of pennies in our pockets, the U.S. this month will officially end penny production, according to statements from the Treasury Department.
The U.S. Mint is using the last of its coin blanks to mint the final pennies this week.
Pennies will still be legal tender, but what happens to cash prices that end in pennies?
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This, like the recommended perfect thermostat temperature, could cause household feuds. Is there a right way to load your dishwasher? Should you put fork handles up or down? What does the way you load the dishwasher teach us about our family upbringing or how we act in the workplace?
About The Daily Money
Each weekday, The Daily Money delivers the best consumer and financial news from USA TODAY, breaking down complex events, providing the TLDR version, and explaining how everything from Fed rate changes to bankruptcies impacts you.
