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The Daily Money: Will TikTok be banned in US?

2024-12-25 01:05:46 source: Category:Markets

Hello and welcome to Friday's The Daily Money. This is Betty Lin-Fisher. Each Friday, I will bring you a consumer-focused edition of this newsletter.

Will TikTok be shut down in the U.S?

A key House committee voted unanimously on Thursday to advance bipartisan legislation that would force China’s ByteDance to sell off TikTok or face a ban in the United States.

Lawmakers on the House Energy and Commerce Committee received a classified briefing on national security concerns raised by TikTok's Chinese ownership before the 50-0 vote.

The legislation is widely seen as the most potent threat yet to the wildly popular app that is used by 170 million Americans. 

Read more in the story by my colleague, Jessica Guynn.

Aldi will add 800 stores nationwide by 2028

Are you an avid Aldi shopper? Or are you curious what the hype about the Aisle of Shame is all about?

The discount German grocer on Thursday said it would be adding 800 more stores nationwide in the next five years.

That will include expanding in the Northeast, Midwest and Southeast and a growing presence in Southern California and Phoenix, Arizona. Aldi will also be entering new cities like Las Vegas, the grocer said.

That will bring the number of stores in the U.S. to about 3,200.

Find out more details in my story. Also, if you're new to Aldi, check out another story I wrote, which will help you get started.

📰 Consumer stories you shouldn't miss 📰

  • Have you heard of "pig butchering?" It's not what you think, and even HBO comedian John Oliver took time to explain the scams in a recent show.
  • Think medical bils are too high? So does the former surgeon general. Find out how to get help.
  • Today is the last day you can order free Covid-19 tests from the government.
  • Are cash-back reward credit cards better than points?
  • Here's some strategies to find cheap flights.

🍔 Today's Menu 🍔

How do you like your bananas? Green, a beautiful yellow or do you like them when they start to brown?

Personally, I love the perfect yellow banana that is not too crisp and not too squishy. But I didn't know there were so many ways to keep your bananas fresh and did you know that you can bake a banana to get it to ripen?

Find out more in this Problem Solved story and video.

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.