The Daily Money: A Social safety triumph for community workers

excellent morning! It’s Daniel de Visé with your Daily Money. We schedule to linger on the newsletter this morning, to put off the inevitable snow-shoveling.

President Joe Biden signed a invoice Sunday that boosts Social safety benefits for millions of community sector workers. The White House describes it as the first expansion of such benefits in 20 years.

The Social safety Fairness Act eliminates two decades-ancient provisions that reduced Social safety benefits for some retirees who also received retirement fund turnover. Here’s a look at some of the workers affected.  

Where’s the economy headed in 2025?

The U.S. economy and job economy are expected to chilly in 2025. Despite that, forecasters expect another year of solid growth, Paul Davidson reports.

But the outlook is leavened with an unusual dose of uncertainty. Here’s why.

Alcohol makers aren’t thrilled about recent rules

For the companies that brew, ferment, distill, bottle and sell alcohol in the U.S., the latest missive from the Surgeon General about alcohol and cancer is going down like a poorly worded toast. 

For years, academic researchers and the media delivered a mixed communication to Americans about the safety of moderate drinking. Some studies declare modest amounts of alcohol might confer health benefits, while others declare any drinking will hurt you. 

On Friday, America’s top physician, Surgeon General Vivek Murthy, issued an advisory urging the country to focus on alcohol’s perils and calling for explicit warnings about cancer on alcohol bottles and cans. 

Will recent warnings turn people off alcohol?

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About The Daily Money

Each weekday, The Daily Money delivers the best customer and monetary information from USA TODAY, breaking down complicated events, providing the TLDR version and explaining how everything from Fed rate changes to bankruptcies impacts you.

Daniel de Visé covers financial planning for USA Today.