Hello! It’s Daniel de Visé bringing you your Daily Money report.

Interestingly, a notable portion of workers lacking high school diplomas are playing a key role in keeping the U.S. economy thriving.

The percentage of individuals without a high school degree who are part of the workforce, which includes those currently employed or searching for jobs, reached record levels in July, marking the end of an 18-month rise in this group’s participation in the American job market, as reported by Paul Davidson.

Here’s why this is beneficial for the economy.

Amazon expands ‘Just Walk Out’

More fans of NFL football and college students will soon have the chance to conveniently grab their items and exit from new Amazon Just Walk Out stores set to open this fall, according to Betty Lin-Fisher.

This week, fourteen AI-driven Just Walk Out stores are opening as NFL teams kick off their season. Additionally, more colleges are adopting Just Walk Out technology, increasing the total to over 30 university stores utilizing this system worldwide.

But what should we make of “Just Walk Out,” which sounds a bit chaotic? How does it actually work?

As for football, you can get ready for the season from home by checking out YSL News Sports’ power rankings for NFL’s Week 1.

‘Me’ generation skeptical about Great Wealth Transfer

If you’re hoping for a substantial inheritance when your baby boomer parents pass away, listen up: Only 20% of the “Me” generation anticipates receiving an inheritance.

A fresh study by Northwestern Mutual, a financial services firm, reveals a striking disparity between the expectations of young Americans regarding inheritance and the plans of older Americans to bequeath one.

Many young adults are banking on the anticipated Great Wealth Transfer, a generational handover of wealth that could see over $90 trillion transferred from boomers to their descendants in the next two decades.

However, many boomers have different intentions.

About The Daily Money

Every weekday, The Daily Money presents the latest consumer and financial news from YSL News, simplifying complex topics, providing quick summaries, and clarifying how everything from Federal Reserve interest rate modifications to bankruptcy can affect you.

Daniel de Visé writes about personal finance for YSL News.