Good morning! It’s Daniel de Visé with your Daily Money.
Summer is coming. We thought it might never happen, but the news cycle has slowed, just a bit, here on the Daily Money desk. And so, today we revive the “Great Read” feature, reupping a popular story from earlier in the year, along with a dose of daily news.
Costco’s upcoming location in California won’t have its famous $1.50 hotdog, rotisserie chicken, or even a warehouse to browse ‒ just a few dozen gas pumps.
The membership-only retailer is planning to open its first standalone gas station in the spring of 2026.
Here’s a full report on Costco’s plans.
Trump Organization launches phone
Trump Organization, the holding company for President Donald Trump’s business ventures, announced the launch of a new cellular service and cellphone. The launch comes on the 10-year anniversary of the start of Trump’s first presidential campaign.
Dubbed Trump Mobile, the network will offer 5G service through “The 47 Plan,” a nod to the president’s second term.
Here are all the details.
📰 More stories you shouldn’t miss 📰
📰 A great read 📰
Finally, here’s a popular story from 2024 that you may have missed. Read it! Share it!
Many American consumers fail to grasp the basic math of inflation, according to a large-scale study of financial literacy.
The FINRA Investor Education Foundation, a financial education nonprofit, administered a seven-question quiz to 25,500 adults in recent months, testing their knowledge of consumer finance. The results: Three in ten test-takers missed a simple question about interest rates. Two in five flubbed a question about inflation.
Here are some quiz questions that stumped consumers.
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.
