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The Daily Money: No diploma? No problem.
View Date:2024-12-23 11:37:05
Good morning! It’s Daniel de Visé with your Daily Money.
A surprising number of workers without high school diplomas are keeping the U.S. economy humming.
The share of people without a high school degree who are in the workforce, meaning that they’re working or looking for jobs, hit a record high in July, capping an 18-month surge by that group into America’s job market, Paul Davidson reports.
Here's why that's good for the economy.
Amazon expands 'Just Walk Out'
More NFL football fans and college students will be able to grab what they need and walk out of new Amazon Just Walk Out stores opening this fall, Betty Lin-Fisher reports.
Fourteen artificial intelligence-powered Just Walk Out stores will be opening this week as NFL teams host their season openers. Additionally, more colleges are using Just Walk Out technology on campus, bringing the total to more than 30 university stores with the technology worldwide.
"Just Walk Out" sounds a bit like an invitation for anarchy. How exactly does it work?
Speaking of football, you can prep for the season at home with USA Today Sports' power rankings for NFL's Week 1.
'Me' generation balks at Great Wealth Transfer
If you’re expecting a life-changing windfall when your boomer parents die, take heed: Only one fifth of the “Me” generation expects to leave an inheritance.
A new study from Northwestern Mutual, the financial services company, finds a yawning gap between how many young Americans expect to reap an inheritance and how many older Americans plan to leave one.
Many young adults are pinning their hopes on the Great Wealth Transfer, a generational exchange of riches that could pass $90 trillion from boomers to their heirs over the next 20 years.
But many boomers have other plans.
Here's what the study found.
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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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