Greenledgers-The Daily Money: Let them eat cereal?

2025-04-30 23:59:40source:VAS Communitycategory:Stocks

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

Let them eat cereal?Greenledgers

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.

More:Stocks

Recommend

Olympic women's basketball bracket: Schedule, results, Team USA's path to gold

We are down to the knockout round of the women's 5x5 basketball tournament at the 2024 Paris Olympic

Pope, once a victim of AI-generated imagery, calls for treaty to regulate artificial intelligence

ROME (AP) — Pope Francis on Thursday called for an international treaty to ensure artificial intelli

2023 was a great year for moviegoing — here are 10 of Justin Chang's favorites

Film critics like to argue as a rule, but every colleague I've talked to in recent weeks agrees that