Good morning! It's Daniel de Visé with your Daily Money.
Melinda French Gates is stepping down from the Bill & Melinda Gates Foundation, one of the largest charitable institutions in the world, the organization co-founder announced on Monday.
She said her last day of work with the Seattle-based global health and development charity will be June 7.
The Gates Foundation has made $77.6 billion in charitable contributions across more than 30 years.
What happens next?
Some investors shy away from certificates of deposit because they put your money out of reach for anywhere from a few months to -- 100 years?!
Walden Mutual Bank of Concord, New Hampshire, is offering a 100-year CD that pays a fixed 4.75% annual interest rate from now until . . . a century from now, Medora Lee reports.
If you're in for the really, really long haul, read her story.
Is McDonald's getting too expensive?
The company has faced criticism as prices soared in recent years, Mary Walrath-Holdridge reports, reducing revenue from lower-income consumers and thinning foot traffic in stores. As a result, Chief Executive Officer Chris Kempczinski said in a recent earnings call that McDonald's has to be “laser-focused on affordability."
McDonald's has since promised a reduction in prices and expressed interest in exploring more ways to win customers back, potentially including a new round of $5 meal deals.
Here's what's next for the fast-food chain.
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.
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