Good morning. Nobody saw the bill coming. Nobody tracked the bond purchases. Nobody predicted the airline would fold. Today's three stories are about the financial moves that flew under the radar — and what they mean for you.
On The Money Today:
Simone Biles' $22K beauty bill went viral. Yours might not make headlines, but the same trap could be draining your wallet
Trump quietly bought $337 million in bonds. How to make the same move before rates shift
Spirit Airlines is gone and airfares could keep climbing. Here's who's actually to blame
Let's get into it.
She's worth an estimated $25 million — and she still did a double take at a $22,000 bill. Simone Biles went viral after revealing what she paid to get ready for a single red carpet event. Her reaction said everything — and it points to something a lot of us quietly deal with, no matter what we earn.
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While Trump's tariff battles dominated the headlines, he was making a quieter move — 175 bond transactions in a single month. With a new Fed chair about to take over and interest rates in flux, the timing is worth paying attention to. Whether bonds belong in your portfolio depends on what's coming next.
Regulators killed the JetBlue-Spirit merger to protect your wallet. But with Spirit now grounded for good, fares on the routes it dominated are losing their cheapest competition. The move that was supposed to keep flying affordable may have done the opposite — and the airlines left standing know it.
ALSO MAKING THE ROUNDS TODAY
CRYPTOCURRENCY: Eric Trump's crypto company made him $90M while everyday investors lost $500M. Does your portfolio have the same problem?
MANAGING MONEY: Before you get creative with college costs, Dave Ramsey had something to say about the Boston dad who thought divorcing his wife would save him $100K
INVESTING: Goldman Sachs is calling the S&P 500's record run a sign of froth and the last time Wall Street used that word, your portfolio paid the price
RETIREMENT: A couple checked their retirement account and found nearly $185K had vanished in months. Here's how to make sure it doesn't happen to you
HAVE YOUR SAY
How do you usually book flights to get the best deal?
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See you soon with another quick roundup of the financial news that matters.
