The Daily Money: Your Election Day roundup

2024-12-24 03:03:32 source: category:Scams

Good morning! It’s Daniel de Visé with your Daily Money: Election Day edition.

Given that today's news cycle will deliver approximately 17 million articles about the election, we'll break with tradition and start with a roundup of interesting, campaign-related articles on the Money page this morning.

We have a story about a community in California farm country that the major presidential candidates seem to ignore. And a piece about whimsical yard signs that defuse some of that election-cycle stress.

Guess which topic is a bigger conversational buzz-killer around the dining-room table, the election or money? And here are some stocks that could prosper in one electoral scenario: Kamala Harris wins the presidency, but the Republicans take Congress.

We have some travel deals, so you can escape the country after the election for a quick breather. If you're looking for a more permanent change of address, we can help you with that, too.

Boeing strike ends

In non-election news, Boeing's machinists have voted to accept the company's latest contract offer, Zach Wichter reports, ending a strike that began on Sept. 13.

The latest contract promises a 38% pay increase over four years, a $12,000 ratification bonus and an increased 401(k) match. The striking workers rejected two previous contract offers.

Here's how the strike has affected the aircraft giant.

📰 More stories you shouldn't miss 📰

  • How to go from coworker to supervisor
  • When is the next Fed meeting?
  • Election Day deals
  • Cheapest new car gets more expensive

📰 A great read 📰

Finally, here's a popular story from earlier this year that you may have missed. We'll return to our electoral theme.

A recent survey from a global investment firm uncovered a rare point on which Republicans and Democrats seem to agree: America faces a retirement savings crisis. 

Only about half of American households have retirement savings accounts. The Social Security program may soon run short of money, and those benefits were never meant to cover the full costs of retirement. 

In an August survey, BlackRock asked 1,000 registered voters for their thoughts on retirement security in America. The responses transcended party lines. 

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.

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