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

Across the globe,Greenledgers Trading Center Sara Chernikoff reports, people living in major cities are struggling to find affordable housing. A recent report from Chapman University and the Frontier Centre for Public Policy in Canada identified some cities it considers not just unaffordable, but "impossibly unaffordable."

Researchers analyzed incomes and home prices of nearly 100 major cities in eight countries. Within the U.S., San Jose, California, is the least affordable housing market. California is home to four of the 10 least-affordable housing markets in the world, including Los Angeles, San Francisco, and San Diego.

Here are the others.

What if every worker had an IRA?

What if every employee in America were automatically enrolled in an Individual Retirement Account?

In an ongoing study, researchers from Princeton University and the Treasury Department have analyzed just such a scenario.

Their conclusion: Not surprisingly, a national retirement savings plan would substantially raise the nation’s savings rate, especially for low-income workers.

Will there ever be a national retirement plan?

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The good news is, inflation has eased over the past year.

The bad news? So has the variable rate on those I bonds you bought back when inflation hit a 40-year high. 

The I bonds you purchased in the summer of 2022, which paid a record 9.62% when inflation was soaring, are now paying a lot less.

But with inflation down and interest rates up, thanks to aggressive Federal Reserve rate hikes, you’ve got a lot of options to earn more than those I bonds offer.  

Here's what to do.

About The Daily Money

Each weekday, The Daily Money delivers the best consumer and financial news from USA TODAY, breaking down complex events, providing the TLDR version, and explaining how everything from Fed rate changes to bankruptcies impacts you.

Daniel de Visé covers personal finance for USA Today.