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Daniel de Visé

Garrett Park

Personal Finance Reporter at USA Today

Wrote The Blues Brothers, King of the Blues, The Comeback @GroveAtlantic, Andy & Don @SimonBooks. Curr @USAToday. Fmr WaPo, MiaHerald. [email protected].

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Articles

  • 3 days ago | aol.com | Daniel de Visé

    At least $1.7 trillion languishes in lost or forgotten 401(k) accounts, with an average unclaimed balance of $56,616. Those 29 million idle accounts represent one quarter of all assets held in 401(k) retirement plans. And those figures come from a 2023 report from Capitalize, a financial services firm. The numbers could be higher now. “That’s a heck of a lot of money,” said James Royal, an investing analyst at Bankrate.

  • 6 days ago | aol.com | Daniel de Visé

    American consumers may be learning to live with inflation. A long-running Gallup poll shows a steep drop in the share of Americans who name inflation as their biggest financial problem. Only 29% of consumers listed inflation as their top financial concern in April, down from 41% in April 2024. It’s the lowest reading on the annual survey since 2021. Another recent survey, from the Ipsos Consumer Tracker, found fewer Americans think prices are rising.

  • 6 days ago | eu.blueridgenow.com | Daniel de Visé

    Sticker shock: Are American consumers learning to live with inflation? Trump vowed economic relief, but Americans say they're strugglingPresident Donald Trump promised to end inflation and bring down food costs right away after he took office. Here's what Americans think 100 days in. American consumers may be learning to live with inflation. A long-running Gallup poll shows a steep drop in the share of Americans who name inflation as their biggest financial problem.

  • 6 days ago | flipboard.com | Daniel de Visé

    1 day agoCNN — JPMorgan Chase CEO Jamie Dimon sounded a warning Friday on the fractious US relationship with China — and on “the enemy within.” “China is a potential adversary — they’re doing a lot of things well, they have a lot of problems,” Dimon said at the Reagan National Economic Forum in Simi Valley, …

  • 1 week ago | aol.com | Daniel de Visé

    The looming threat of recession has hung over American consumers for what seems like forever, an ongoing economic drama that stretches back to the early pandemic years. The chances of a recession in 2025 currently stand at about 40%, according to a May 27 report from J.P. Morgan. A month ago, many forecasters put the odds higher than 50%. If a recession comes, how will we know? When will it end? What will be the fallout on Wall Street?

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