Current:Home > ScamsThe Daily Money: Let them eat cereal?-InfoLens
The Daily Money: Let them eat cereal?
View Date:2024-12-23 16:39:36
Good morning! It's Daniel de Visé with your Daily Money.
Let them eat cereal?
The CEO of Kellogg's, Gary Pilnick, raised eyebrows when he suggested struggling families dine on breakfast cereal during a live interview with CNBC last week, Emilee Coblentz reports.
"Cereal for dinner is something that is probably more on trend now," he said, "and we would expect to continue as that consumer is under pressure."
His observation comes at a moment when the average family is spending more than $1,000 a month on groceries. Read the story.
Hubby guilty of insider trading after overhearing wife's calls
Here's another potential downside to remote-working with your spouse.
The husband of a former BP executive has pleaded guilty to securities fraud after allegedly listening in on his wife's remote-work conversations, federal officials say.
Tyler Loudon, 42, of Houston, Texas made $1.7 million in illegal profits from the purchase and sale of stock shares, Gabe Hauari reports.
Loudon's wife worked on the company's deal to acquire a truck stop and travel center company. The feds allege Loudon overheard several of her conversations about the merger, then purchased TravelCenters stock before the deal was announced. Read the story.
📰 More stories you shouldn't miss 📰
- Kroger-Albertsons merger in peril
- Here are the safest cars
- How to manage a workplace bully
- What is a 401(k) loan?
- How the FAFSA works for grad school
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.
veryGood! (7496)
Related
- Gavin Rossdale Makes Rare Public Appearance With Girlfriend Xhoana Xheneti
- The UN peacekeeping mission in Mali ends after 10 years, following the junta’s pressure to go
- Macy's receives buyout offer — is it all about real estate?
- Second person of interest taken into custody in murder of Detroit synagogue president Samantha Woll
- A list of mass killings in the United States this year
- Pacers star Tyrese Haliburton working his way into the NBA MVP race
- Bronze top hat missing from Abraham Lincoln statue in Kentucky
- Europe agreed on world-leading AI rules. How do they work and will they affect people everywhere?
- Lunchables get early dismissal: Kraft Heinz pulls the iconic snack from school lunches
- Horse and buggy collides with pickup truck, ejecting 4 buggy passengers and seriously injuring 2
Ranking
- Stressing over Election Day? Try these apps and tools to calm your nerves
- AP PHOTOS: At UN climate talks in Dubai, moments between the meetings
- Hong Kong leader praises election turnout as voter numbers hit record low
- Bachelor in Paradise’s Aaron Bryant and Eliza Isichei Break Up
- Jordan Chiles Reveals She Still Has Bronze Medal in Emotional Update After 2024 Olympics Controversy
- Steelers' Mike Tomlin wants George Pickens to show his frustrations in 'mature way'
- Delaware Supreme Court says out-of-state convictions don’t bar expungement of in-state offenses
- Car fire at Massachusetts hospital parking garage forces evacuation of patients and staff
Recommendation
-
RHOP's Candiace Dillard Bassett Gives Birth, Shares First Photos of Baby Boy
-
The Excerpt podcast: Appeals court upholds Trump gag order in election interference case
-
The US is restricting visas for nearly 300 Guatemalan lawmakers, others for ‘undermining democracy’
-
NFL Week 14 winners, losers: Chiefs embarrass themselves with meltdown on offsides penalty
-
Texas man accused of supporting ISIS charged in federal court
-
Hasbro cuts 1,100 jobs, or 20% of its workforce, prompted by the ongoing malaise in the toy business
-
Skier triggers avalanche on Mount Washington, suffers life-threatening injury
-
Dutch official says Geert Wilders and 3 other party leaders should discuss forming a new coalition