good morning! It’s Daniel de Vis with your daily money.
Sara Khaulani Goo’s Family has owned land in Hana, Maui for nearly 200 years. It was a gift from the king of Hawaii in 1848, but a few years ago they almost lost it.
In 2019, while working as a journalist in Washington, DC, Goo received an email from his father saying that property taxes on 10 undeveloped acres had skyrocketed from $300 to $2,000 a year.
So her family began a four-year journey to fight for the lands of their ancestors.
Private Equity is coming to your 401(k)
In the past, the private equity world has seen an increase in population primarily of ultra-rich investors, donations and pension funds. It may be about to change.
Retirement savers with 401(k) accounts gain access to private investment markets that pivot primarily to private companies rather than public companies. And the Trump administration is expected to sign an executive order in the coming days, seeking federal guidance to add private investment to its 401(k) plan.
This is a summary of what it means and what a retired saver should do.
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This may be good news for Mexican Cola fans: President Donald Trump announced Wednesday that Coca-Cola has agreed to use real cane sugar for soda sold in the US
“I’ve been talking to Coca-Cola about using real cane sugar in American Cola, and they agreed to do so,” Trump wrote of the True Society. He said, “This will be a very good move by them. You will see. It’s just good!
When can Cola fans expect a change?
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.
