ALL THE MONEY NEWS YOU NEED TO KNOW | | | | Daniel de Visé | Personal Finance Reporter
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For Generation X, retirement beckons. And reality still bites. |
A raft of new surveys suggest the MTV Generation is regretful about past financial missteps, anxious about the current economy and fretful about the future. |
New tariffs on brand-name drugs. . . |
President Donald Trump announced a new round of tariffs beginning in October that would impose a 100% duty on brand-name drugs imported to the United States. |
Like many Trump tariffs, this one is complicated, with various exceptions and caveats. |
. . . And on the home-goods industry |
Even as the costs associated with buying and maintaining homes remain out of reach for many Americans, new tariffs on housing goods manufacturers will likely make it harder to remodel and decorate, with dire consequences for much of the home goods industry, not to mention the broader economy. |
The tariffs, announced last week by President Trump, include a 30% levy on upholstered furniture, and 50% on kitchen cabinets and bathroom vanities. |
📰 More stories you shouldn't miss 📰 |
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. | | New surveys suggest the MTV Generation is regretful about past financial missteps, anxious about the current economy and fretful for the future. | | President Donald Trump announced 100% tariffs on brand drugs. Companies that build a U.S. manufacturing plant will be exempt. | | | | Some experts worry another round of tariffs on home goods manufacturers may backfire on consumers and the industry. | | | | Social Security checks are going paperless starting Tuesday, Sept. 30. Here's why it's happening and how to go from paper to digital. | | | | The Federal Trade Commission accused Amazon of using "deceptive" tactics to sign customers up for Prime subscriptions that were difficult to cancel. | | | | Starbucks announced sweeping location closures Sept. 25. Here's what we know and how you may be able to see if your cafe is impacted. | | | | Roundabouts might seem confusing for those who don't regularly encounter them, but experts say they have advantages over conventional intersections. | | | | There are a few expenses you might forget when creating your retirement budget. Here are three that could slip your mind — and throw your numbers off. | | | | If the money you're spending to support adult children is jeopardizing your retirement, it's time to stop, experts say. Here's how. | | | | Our app gives you award-winning coverage, crosswords, audio storytelling, eNewspaper and more. | | | | | Sign up for the news you want | Exclusive newsletters are part of your subscription, don't miss out! We're always working to add benefits for subscribers like you. | | | | | |
