Michael Schmidt:The Daily Money: Why scammers are faking obituaries

2025-05-01 11:52:37source:LibertyCoincategory:Invest

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

You've heard of porch pirates, but have you heard of obituary pirates? Fake obituaries are showing up online and the scam is not aiming at who you would expect. It's an old scam with a modern twist, a security expert told me.

Find out more in my story.

Did grocery stores raise prices during pandemic?

Large grocery stores exploited product shortages and raised prices during the COVID-19 pandemic, the Federal Trade Commission says.

The grocery giants used their power and leverage to widen their advantage over smaller competitors, the agency said.

Find out what has happened to food prices in this story from my colleague, Paul Davidson.

📰 Consumer stories you shouldn't miss 📰

  • Our furry friends are not cheap. Pet ownership causes financial stress.
  • The average consumer pays nearly $1,000 a year for streaming services, Yahoo reports.
  • Is inflation worse under Democrats or Republicans?
  • What does the Department of Justice lawsuit against Apple mean for consumers?
  • You've earned your vacation, so why won't your boss let you take it?

🍔 Today's Menu 🍔

Fast-food chains are getting criticism that their prices are increasing, but a Texas mom's viral TikTok is getting some attention.

The mom showed how she fed her family of five with a $12 McDonald's meal box. Her video has garnered more than 12 million views. Read the story here.

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.

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