What is “Doge,” exactly?

Dogecoin, a cryptocurrency that gained fame through memes and is often linked to Elon Musk, experienced a surge in value after President-elect Donald Trump approved Musk’s plans for a novel executive department with a catchy acronym.

Trump revealed that Musk, the wealthiest individual on the planet, will oversee the newly proposed Department of Government Efficiency, or DOGE, alongside another billionaire, Vivek Ramaswamy. (Yes, we’ve all enjoyed the humor about two billionaires heading a department focused on efficiency.)

Our article conveniently covers everything you should know about both this new federal agency and the cryptocurrency itself.

Have you ever wished for a second passport?

Second passports are becoming a pathway for some Americans, like Sue Reddel and her wife Diana, to relocate abroad permanently.

In 2017, while working as a journalist in Wisconsin, Reddel visited Portugal for the first time and immediately fell in love with the local culture and people. She returned home with dreams of living there forever. A couple of years later, they traveled throughout the country to see if their desires were realistic, as Reddel stated. Shortly after that, they began exploring the relocation process.

Amid rising uncertainty in the U.S., Reddel and her wife are part of a growing trend of Americans moving overseas.

📰 A must-read 📰

Don’t miss out on this popular story from earlier this year that you might have overlooked. Dive in and share it!

You’ve likely heard about a significant data breach that has compromised Social Security numbers and other personal information of millions of Americans, now reportedly in the hands of hackers.

This data trove consists of 2.9 billion records, containing names, addresses, Social Security numbers, and details about relatives spanning back over three decades.

A lawsuit claims that National Public Data, a company that compiles information for background checks, failed to adequately secure its data, resulting in its theft and subsequent sale on the dark web.

About The Daily Money

Every weekday, The Daily Money provides the top consumer and financial news from YSL News, simplifying complex events, offering a brief summary, and detailing how various factors, like Federal interest rate changes and bankruptcies, affect you.