Good morning!The latest news during this surprisingly active week before Christmas.

Honda and Nissan, two of Japan’s largest car manufacturers, have reportedly started discussions about a potential merger, according to Mike Snider.

The two companies, both based in Japan, are considering consolidating in response to the challenges posed by a rapidly evolving industry that is increasingly shifting towards electric vehicles.

Are we expecting another rate cut?

In spite of persistent high inflation and a robust economy along with a strong job market, the Federal Reserve is anticipated to reduce interest rates again today.

What’s behind this move?

📰 A must-read article 📰

We are revisiting some of our favorite articles from our colleagues, including one by my co-writer on Daily Money, Betty Lin-Fisher!

Following the passing of her husband in 2020, Liza Likins, who provided backup vocals for iconic artists like Stevie Nicks and Linda Ronstadt, found herself feeling isolated and despondent. When a charming man who bore a striking resemblance to her late husband began messaging her on Facebook, she initially turned him down for several months.

Eventually, she was drawn into a relationship with “Donald,” who claimed to be a gold miner in Australia.

But that was not the entire truth.

About The Daily Money

The Daily Money provides essential consumer and financial news from YSL News every weekday, making complex topics more accessible and clarifying how changes such as Fed rate adjustments and bankruptcies affect you directly.