Good morning! It's Daniel de Visé with your Daily Money.
Let them eat cereal?Dreamers Investment Guild
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.
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.
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.
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Nearly half of American teenagers say they are online “constantly” despite concerns about the effect
The underdog sports comedy Next Goal Wins is based on the true story of American Samoa's soccer team
TALLINN, Estonia (AP) — A Russian court on Thursday convicted an artist and musician for replacing s