MONEY+LIFE

You can show your Pride

through your reading list
We have suggestions of books by LGBTQ
USA TODAY | THURSDAY, JUNE 3, 2021 | SECTION B authors and with queer themes. Page 5B

MONEYLINE
BELGA MAG/AFP VIA GETTY IMAGES
ANHEUSER-BUSCH OFFERS
BEERS FOR VACCINATIONS
Anheuser-Busch says if the White
House reaches its goal of getting 70%
of Americans partially vaccinated by
July 4, it will give away a complimen-
tary brew to adults older than 21.
Participants can enter to receive a free
beer at MyCooler.com/Beer by
uploading a picture of themselves at
their favorite place for a beer. Winners
will receive a $5 virtual debit card they
can use to buy one Anheuser-Busch
product. The giveaway starts once the
Centers for Disease Control and Pre-
vention confirm 70% of U.S. adults
have been partially vaccinated. It will
end seven days after the CDC’s confir-
mation.
Higher prices, tighter supply
Chip shortage changes
the car-sales landscape
Eric D. Lawrence and Jamie L. LaReau
Detroit Free Press
USA TODAY NETWORK
The Glassman Subaru dealership in
Southfield, Michigan, sent an urgent
appeal to Outback owners:
“Due to current market conditions,
your vehicle is worth a lot more than
you think! We are looking to purchase
any and all price range vehicles. How-
ever, we need Subaru Outbacks to re-
plenish our inventory. We are willing to
make an aggressive offer for this vehi-
cle.”
Welcome to the car market in 2021,
a time when demand is high but sup-
ply is seriously crimped because of a
global shortage of semiconductor
chips that are used in everything from
Katie Bowman Coleman of Bowman
Chevrolet in the Clarkston, Mich., area,
says consumers should think early. The
chip shortage means the selection of
new cars, trucks and SUVs is tight.
PROVIDED BY JOHN F. MARTIN PHOTOGRAPHY
cars to consumer electronics such as the
Sony PlayStation 5, leaving dealers
scrambling to find vehicles.
The lack of chips has put a squeeze
on automakers. The shortage is prompt-
ing them to prioritize their most profit-
CORONAVIRUS PANDEMIC
able models by cutting production of
others; change some of the components
in cars; deliver fewer vehicles to dealer-
ships and offer lease pull back deals.
All that has left dealers short on in-
ventory, ready to buy and warning cus-
tomers to plan ahead.
A representative for a large dealer-
ship group in metro Detroit, who offered
to talk about the situation but only
without his name being used, said his
group in some cases is taking on 12 to 18
months of lease payments if customers
want out.
The group is shifting resources to ve-
hicle acquisition so it can have vehicles
to sell because what’s available is so
limited. A customer might want a Ford
Bronco Sport in red, for example, but
will end up getting it in blue or silver.
The dealership representative de-
scribed the situation as a double-edged
See CAR PRICES , Page 2B

ALLY BANKS TO END

OVERDRAFT FEES SUMMER
TRIPS MAY
Ally Financial is ending overdraft fees
entirely on all of its bank products,
becoming the first large bank to end
overdraft fees across its entire busi-

HEAT UP
ness. It’s a major move by Ally and for
the industry, which has relied on over-
draft fees to boost profits. The Char-
lotte, North Carolina-based bank cited
specifically the impact that overdraft
fees have on Black and Latino house-
holds, which historically are poorer
and are hit with overdraft fees more
often.
THIS YEAR
KENTUCKY SUES CVS HEALTH
OVER OPIOID CRISIS
Kentucky’s attorney general on
Wednesday sued CVS Health, accus-
ing its pharmacy chain of flooding the
state with prescription opioids that
contributed to the state’s addiction TAWANLUBFAH/GETTY IMAGES
woes. Attorney General Daniel Camer-
on says the health care company
played a role in “fueling the crisis” by As the country opens up, tion. Travel agents have had to become therapists dur-
ing the pandemic, and this summer those skills will be
inundating the state with millions of “I’m
doses of powerful prescription pain- travelers are eager to get away hoping
even more in demand.
killers. The state is seeking civil penal- “The first thing I always ask someone during our
others are
ties and punitive damages in the suit. initial consultation is if the thought of travel will cause
as
them to feel overwhelmed or give them anxiety,” says
observant
On Travel Maria Diego, owner of Diego Travel. “If their answer is
about
Christopher Elliott yes, then I suggest they hold off on travel until they feel
health
Dow Jones Industrial Avg. USA TODAY completely comfortable again. No one will enjoy a va-
safety as
cation with an overwhelming sense of anxiety.”
36,000 34,600 we are.”
A travel adviser can help guide you to a destination
Lenore Wilkas wasn’t sure whether she should Jerry where you will feel less anxious.
34,000 25.07 Flake
take a summer vacation. If you’re still on the fence about taking a summer
a retired
But then the number of COVID-19 cases started to insurance
vacation, it’s time to ask whether a trip is right. And
32,000
drop. And she got her vaccination. And then, she company not just right for you, but right for everyone else as
30,000
found some availability for her Marriott timeshare on owner
Kauai. So she booked flights for early September. See TRAVEL, Page 2B
28,000
“I feel safe going,” says Wilkas, a real estate agent
DEC. JUNE from Vista, California.
AP
What will it take for you to take a summer vaca-
tion? Fewer COVID-19 cases? Cheap accommoda-
WEDNESDAY MARKETS tions? A vaccination? It all depends.
INDEX CLOSE CHG A new poll by travel insurance firm World Nomads
Dow Jones Industrial Avg.
S&P 500
Nasdaq composite
T-note, 10-year yield
34,600.38
4,208.12
13,756.33
1.588
x
x
x
y
25.07
6.08
19.85
0.025
suggests 66% of Americans are planning a summer
trip. Of those, about one-third have already made
reservations.
bat t e ry
SOURCES USA TODAY RESEARCH, BLOOMBERG
“We’ve also recently seen an influx of travel deals
offered by airlines, hotels and tour providers, with
travelers taking advantage of price cuts and flexible
p ow e r .
USA TODAY SNAPSHOTS © booking,” says Anna Gladman, CEO of World No-
mads.
The bottom line: A lot of people want to go some-
where this summer.
m a d e by
“I think summer travel is going to explode,” says
Dan Richards, CEO of Global Rescue, a provider of
travel risk management services. “Much of the West
st i h l .
will be approaching herd immunity, and people are
going to want to travel.”
“The first criterion should be: Do you feel safe trav-
eling?” says Charlie Neville, the marketing director
ƒ
for JayWay Travel, a tour operator.
CD yields Feeling safe can mean different things to different
National averages on deposits as of people. If you’re concerned about another outbreak,
June 2. it might mean a destination maintaining a lower level
This Last Year of COVID-19 infections. Or it could mean waiting for
week week ago the State Department to lift its travel warnings.
For others, it means getting a vaccination. This
6-month 0.12% 0.12% 0.26% card is the ultimate safety for travelers, according to
1-year 0.17% 0.17% 0.41% Neville.
“If you’re vaccinated, then there’s not a lot to fear,”
2 1⁄2-year 0.17% 0.17% 0.35%
he says.
5-year 0.31% 0.31% 0.60% A competent travel adviser can help you sort Available at participating dealers. ©2021 STIHL 21STUSJ7-42-145578-4
BANKRATE.COM through all questions about taking a summer vaca-