Current:Home > MyTrendPulse|The Daily Money: Inflation eased in September -AssetScope
TrendPulse|The Daily Money: Inflation eased in September
TrendPulse Quantitative Think Tank Center View
Date:2025-04-07 22:22:00
Good morning! It’s Daniel de Visé with your Daily Money,TrendPulse Friday consumer edition.
Inflation hit a fresh three-year low in September, Paul Davidson reports, as another drop in gasoline prices offset a rise in used car and auto insurance costs. But price gains slowed less than expected, and a gauge of underlying price increases picked up.
Overall consumer prices increased 2.4% from a year ago, according to the Labor Department’s consumer price index, a wide-ranging gauge of goods and services costs. That’s the smallest increase since February 2021 and the sixth straight pullback, leaving inflation modestly above the Fed’s 2% goal. But many economists expected an even bigger drop.
Disaster victims get a break on forthcoming IRS tax deadline
The scariest thing about October, for many of us, is facing the ghost of tax deadlines past and running into the Oct. 15 cutoff for the six-month filing extension. That's unless you've been hit by a hurricane or other horrific weather disaster and now have a new deadline for 2023 returns, Susan Tompor reports.
A string of severe storms, tornadoes, flooding, wildfires, mudslides and other weather-related disasters this year has meant that the IRS is giving a break to many people in a long list of communities. Deadlines will vary depending on the disaster and the locality. Make sure to understand the extended deadline that applies to your area, as some deadlines can even vary within a given state.
Payment apps may not be as secure as you think
Sandy Sans had successfully rented a ski cabin in Lake Tahoe for several years via Craigslist, paying with Zelle, a digital payment app linked to his bank account.
But in 2018, as it was getting close to his check-in date, something didn't feel right about the owner he was dealing with. When Sans did some more research, he realized he was not dealing with the owner, but a scammer.
With digital payments on the rise, apps like Zelle, Venmo, Apple Pay and Cash App say they have implemented numerous steps to protect consumers. But Consumer Reports says they're not doing enough.
📰 More stories you shouldn't miss 📰
- Who still owns a landline telephone?
- Inflation persists in the housing market
- We can expect more interest rate cuts
- Tesla unveils driverless Cybercab
- Is Social Security COLA keeping you up at night?
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.
Daniel de Visé covers personal finance for USA Today.
veryGood! (7)
Related
- US appeals court rejects Nasdaq’s diversity rules for company boards
- US fugitive accused of faking his death to avoid rape charges denies he is the suspect at hearing
- One of the world's most venomous snakes found hiding in boy's underwear drawer
- Who is NFL's longest-tenured head coach with Bill Belichick out of New England?
- Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
- Why Sofía Vergara Was “Surprised” by Reaction to Joe Manganiello Breakup
- Lawyers ask federal appeals court to block the nation’s first execution by nitrogen hypoxia
- Ukraine needs money from the US and Europe to keep its economy running. Will the aid come?
- Trump issues order to ban transgender troops from serving openly in the military
- Politician among at least 3 transgender people killed in Mexico already this month as wave of slayings spur protests
Ranking
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Bobi was named world’s oldest dog by Guinness. Now his record is under review.
- Biden invites congressional leaders to White House during difficult talks on Ukraine aid
- Fake White House fire report is latest high-profile swatting attempt: What to know
- Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
- U.S. says Houthi missiles fired at cargo ship, U.S. warship in Red Sea amid strikes against Iran-backed rebels
- Mississippi lawmakers to weigh incentives for an EV battery plant that could employ 2,000
- A rare white penguin has been discovered in Antarctica among one of the world's largest penguin species
Recommendation
Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
Stock market today: Asian shares mostly fall after Wall Street drop
Sudan suspends ties with east African bloc for inviting paramilitary leader to summit
North Carolina election board says Republican with criminal past qualifies as legislative candidate
What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
Biden administration asks Supreme Court to intervene in its dispute with Texas over border land
Officials respond to pipeline leak at Point Thomson gas field on Alaska’s North Slope
Bills face more weather-related disruptions ahead AFC divisional playoff game vs. Chiefs