Hello, everyone! Another day, another daily rundown of some of the top financial stories out there. Also, yes it’s true — my slowpitch softball team lost in a heartbreaker last night. But enough about my life — here’s the news.
The Big Lead: Dolly Parton Gave Millions to Charity — Here’s Where Her Money Went
RIP to an absolute American legend. Dolly Parton died Tuesday at the age of 80. Alongside the tributes to her wonderful music and iconic personality, one thing that keeps coming up again and again is how much she gave away over the course of her career.
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Business Spotlight: Meta
Meta settled its federal social media addiction case involving 47 states, which centered on allegations that the company misrepresented the extent of child-related mental health harms caused by its apps, for $17 billion. As part of the settlement, Meta must also add stricter child-safety measures to its popular platforms, Facebook and Instagram. Read the full story here.
That’s Interesting: Who Has It Worse for Housing Costs in Every State, Gen Z or Millennials?
Data from a new MoneyLion study reveals that millennials pay more for housing compared to younger generations. Key findings indicate millennials are paying hundreds to thousands of dollars more than Gen Z in every state to cover monthly housing costs.
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This article originally appeared on GOBankingRates.com: Dolly’s Donations, Meta’s Major Settlement and More of Today’s Top Money News
