Current:Home > StocksThe Daily Money: Let them eat cereal?-LoTradeCoin
The Daily Money: Let them eat cereal?
View Date:2024-12-23 20:52:26
Good morning! It's Daniel de Visé with your Daily Money.
Let them eat cereal?
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.
Hubby guilty of insider trading after overhearing wife's calls
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.
📰 More stories you shouldn't miss 📰
- Kroger-Albertsons merger in peril
- Here are the safest cars
- How to manage a workplace bully
- What is a 401(k) loan?
- How the FAFSA works for grad school
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.
Daniel de Visé covers personal finance for USA Today.
veryGood! (17297)
Related
- Brian Austin Green Shares Message to Sharna Burgess Amid Ex Megan Fox's Baby News
- Mark Zuckerberg and Wife Priscilla Chan Share Rare Photos of Their Daughters
- Boat operator who fatally struck a 15-year-old girl in Florida has been identified, officials say
- Where to watch NFL schedule release 2024: Time, TV info, international and Christmas games
- Kate Spade Outlet’s Early Black Friday Sale – Get a $259 Bag for $59 & More Epic Deals Starting at $25
- Delaware police exchange gunfire with woman in police chase through 2 states that ends in her death
- Connor Ingram wins 2024 Masterton Trophy for perseverance
- Lisa Vanderpump Breaks Silence on Former RHOBH Costar Dorit Kemsley's Breakup From PK
- Will Reeve, son of Christopher Reeve, gets engaged to girlfriend Amanda Dubin
- 'Flip or Flop' stars Christina Hall and Tarek El Moussa reunite for HGTV show with spouses
Ranking
- Georgia State University is planning a $107M remake of downtown Atlanta
- Sen. Bob Menendez put his power up for sale, prosecutor argues in bribery trial
- Southern California spent nearly $19.7 million on Lincoln Riley for his first season as football coach
- Remains of Michigan soldier killed in 1950 during Korean War have been identified, military says
- Father sought in Amber Alert killed by officer, daughter unharmed after police chase in Ohio
- White supremacist admits plot to destroy Baltimore power grid, cause mayhem
- Motion to expel Minnesota Sen. Nicole Mitchell over felony burglary charge fails
- Jennifer Hudson reflects on two decades of success, new season of talk show
Recommendation
-
Where is 'College GameDay' for Week 12? Location, what to know for ESPN show
-
FBI, Homeland Security warn of possible threats to LGBTQ events, including Pride Month activities
-
Supreme Court orders Louisiana to use congressional map with additional Black district in 2024 vote
-
California college professor to stand trial in death of pro-Israel protester last year
-
Does the NFL have a special teams bias when hiring head coaches? History indicates it does
-
2024 NFL Thanksgiving schedule features Giants vs. Cowboys, Dolphins vs. Packers
-
Why does Canada have so many wildfires?
-
The Academy of Country Music Awards are here; Luke Combs leads the nominations