The Daily Money: Telecommutes are getting longer
Sheesh, is it 9 o'clock already?
Good morning and happy Monday! It's Daniel de Visé with your Daily Money.
Remember suburbanization, the movement that drove previous generations of workers away from cities? It seems to happening again.
Remote workers are living ever further from the office, according to a new report from researchers at Stanford University and human resources company Gusto. The mean distance from employee residence to employer location rose from 10 to 27 miles between 2019 and 2023.
Want to know which generation is driving the trend? Read the story.
When is the Fed gonna cut interest rates already?
If you’re expecting a reprieve after January’s disappointing inflation report, well….don’t. The February consumer price index is projected to show another monthly leap in prices that keeps inflation elevated and the Federal Reserve wary about cutting interest rates in the near term, Paul Davidson reports.
When will inflation finally ebb? When will the Fed finally slash rates? Read the story.
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- What's the most common mental illness?
🍔 Today's Menu 🍔
Q: How much is too much for a fast-food meal?
A: $24.10.
Social media grilled Five Guys over a viral post that showed a $24.10 receipt for a fairly straightforward meal from the burger chain: bacon cheeseburger, soda and small fries.
Twelve dollars for a counter-service burger does seem like a lot. Then again, we're pretty sure the peanuts are still free.
To fully tap the ketchup-rich vein of consumer outrage, read the story.
About The Daily Money
Each weekday, The Daily Money delivers the best consumer news from USA TODAY. We break down financial news and provide the TLDR version: how decisions by the Federal Reserve, government and companies impact you.
Daniel de Visé covers personal finance for USA Today.
