The Daily Money: Inflation across the nation

Good morning! It's Daniel de Visé with your Daily Money.

After easing substantially in 2023, inflation has remained stubbornly elevated this year, Paul Davidson reports.  

Yet, the country’s 3.2% annual inflation rate, based on the Labor Department’s consumer price index (CPI), masks notable differences among states. Some have reached the 2% annual inflation goal set by the Federal Reserve. Others have not.

How is your state doing?

Engine cover falls off Boeing plane

Things falling off planes has emerged as an unsettling trend this year. In the latest incident, a Southwest Airlines plane heading to Houston turned back on Sunday after an engine covering fell off, Sarah Al-Arshani reports.

The Federal Aviation Administration said the Boeing 737-800 returned to Denver safely and was towed to the gate. The incident is under investigation.

Needless to say, the narrative reminds us of an episode in January, in which a window blew out of a different Boeing plane in mid-flight.

Read the story.

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Finally, here's a popular story from earlier this year that you may have missed. Read it! Share it!

Average salaries and wages in the United States have been increasing year after year, but the landscape looks different depending on a range of factors, from where you live to how old you are. For example, on average, Mississippi is the lowest-earning state, with an average income of around $48,000.

If you’re wondering how your earnings compare to the rest of the U.S., here's a comprehensive breakdown of average salaries in the country.

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.