good morning! It’s Daniel de Vis with your daily money.
Summer is coming. We thought that might never happen, but here the news cycle was a bit slower with the daily money desk. And today we are reviving the “Great Read” feature, bringing back stories that have been popular since the beginning of the year, along with daily news doses.
Costco’s upcoming location in California doesn’t have the famous $1.50 hot dog, rotisserie chicken, or even a warehouse to browse. There are only a few dozen gas pumps.
Membership-only retailers are set to open their first standalone gas station in the spring of 2026.
Here’s the full report on Costco’s plans:
Trump organization launches phone
The Trump Organization, the holding company of President Donald Trump’s business venture, has announced the launch of new mobile phone services and mobile phones. The launch marks the 10th anniversary of the start of Trump’s first presidential election.
The network, called Trump Mobile, will provide 5G services through “The 47 Plan,” which nods to the second term of the president.
Here’s all the details.
📰 More Stories You Shouldn’t Overlook 📰
📰 Amazing reading 📰
Finally, there is a popular story from 2024. Read it! share!
Large-scale research on financial literacy shows that many American consumers are unable to grasp the basic mathematics of inflation.
The FINRA Investor Education Foundation, a nonprofit in financial education, has managed a seven-question quiz to 25,500 adults in recent months to test their knowledge about consumer finance. Results: Three in ten test takers missed a simple question about interest rates. Two out of five asked about inflation.
Here is the quiz question that has confusing consumers.
About daily money
Every day, Daily Money will provide you with the best consumer and financial news from USA Today, breaking complex events, providing you with the TLDR version, and explaining how everything from the Fed rate to bankruptcy will affect you.
Daniel de Visé covers USA Today personal finance.
