Charles H. Sloan-The Daily Money: A car of many colors

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

Don't like the color of your Toyota?Charles H. Sloan Soon, you may be able to change it.

The automaker is following in the footsteps of Tesla and BMW and hoping to allow its customers to easily alter the color of their cars.

When the patent is available to the public, drivers can request the treatment either when they buy a new car or if they already have a car that they want to give a different look, the company said.

Here's how it works.

Wages rising faster for low-paid workers, at last

Wage inequality is a major theme of the modern era, at least for a certain breed of economist. Over the past 40-plus years, wages have risen much faster for high-salaried workers than for those earning the minimum.

Over the pandemic years of 2019 to 2023, however, everything changed. Hourly pay rose by 12.1% during that period for low-wage Americans, from $12.06 to $13.52, a new report says. In the same span, hourly wages grew by 0.9% for the highest earners, from $57.30 to $57.84.

Why did it happen? Will the trend continue?

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📰 A great read 📰

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

The House voted overwhelmingly last month to approve a measure that would ban TikTok from operating in the United States or force a sale, posing the most serious threat yet to the popular short-form video platform. The measure now sits in the Senate.

At issue is TikTok’s Chinese ownership. U.S. officials say parent company ByteDance could hand over the personal information of the 170 million Americans who use the popular short-video app to Beijing. The bill’s opponents have raised free speech concerns.

Is the clock running out for TikTok?

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.