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Monday, 30 June 2025

Is Wall Street's hot streak coming to an end?

07:27

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Also: Is remote work only for the rich? ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌  ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 
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The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Mon Jun 30 2025

 

Daniel de Visé Personal Finance Reporter

Good morning! It's Daniel de Visé with your Daily Money. Happy Monday.

Let's talk about wealth.

Americans are wise to invest in the stock market, we are told, because stocks have yielded historical gains of about 10% a year. But not, perhaps, this year.  

Many analysts predict that the S&P 500 index will end 2025 essentially flat, or with only meager gains. And returns may not get much better in the years to come.

Is remote work only for the rich?

When ride-sharing company Uber increased the number of days employees had to show up in person from two to three, the return-to-office mandate set off a fiery backlash. The rank-and-file groused they were being summoned back to work while many corner offices sat empty.

As the pandemic-era trend toward remote work fades away, the privilege to work from home is becoming an elite perk.

Who's shifting production under Trump's tariffs?

New York-based manufacturer Gear Motions purchases most of its parts from U.S. suppliers, with only about 4% imported from other countries.  

But with new tariffs in effect, the company expects to pass down price increases to customers.

The Trump administration wants to use tariffs to revive America's industrial base, and to reduce reliance on imports. But there are complications .

📰 More stories you shouldn't miss 📰

When to turn down an inheritance
Should you take a buyout in this job market?
Dad jumps in to save child on Disney cruise
Social Security change coming in July
Real estate vs. stocks: Which investment builds more wealth?

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.

Traders work on the floor at the New York Stock Exchange (NYSE), June 5, 2025.

The stock market usually rises by 10% a year. So why do many forecasters think it will be flat in 2025?

Starbucks CEO Brian Niccol tees off on the 15th hole during the Workday Golden Bear Pro-Am at Muirfield Village Golf Club in Dublin, Ohio on May 28, 2025.
 

Who gets to work from home? Double standard fuels workplace tension

You have to return to the office. But what about your boss? The rank-and-file are fuming over who gets to work from home.

One of Winton Machine Company's systems helps power American manufacturing from the ground up.
 

How many businesses are reshoring under Trump's tariffs?

While tariffs are meant to boost U.S. manufacturing, businsess owners saying shifting production to the US isn't always easy.

LONDON, ENGLAND - OCTOBER 17: Marilyn's last will and testament, from the Ted Stampfer collection, on display at "MARILYN: The Exhibition" at Arches Beneath London Bridge on October 17, 2024 in London, England. (Photo by Lia Toby/Getty Images)
 

The great wealth transfer's begun. Why you may want to pass.

The largest wealth transfer in history has begun. It doesn't mean you have to accept everything bequeathed to you. Here's when you may want to say no.

Jessica Henry, a US federal worker at the National Institutes of Health (NIH) who was placed on administration leave at the beginning of April, speaks with a recruiter at a job fair event in Silver Spring, Maryland, on April 16, 2025.
 

Should I take a buyout in a shaky job market? 5 tips to consider.

You've been offered a buyout, and it's a big chunk of change. But the job market is soft, and a recession may be coming. Is now a time to be jobless?

Disney Cruise Line crew worked quickly to safely rescue a father and child who went overboard on the Disney Dream on June 29, 2025.
 

Child, father rescued after going overboard on Disney Cruise ship

A terrifying moment aboard the Disney Dream turned into a miraculous rescue at sea when a child fell overboard and her father jumped in after her.

On average, a retiree could see an extra $150 a month -- if there's a 9% cost of living adjustment to Social Security for 2023 -- on top of current benefits at $1,656 a month. That would be an additonal $1,800 a year.    Xxx Img Social Security 1 1 Av112ud9i Jpg
 

Social Security change coming: 50% of overpayments soon to be reclaimed

The Social Security Administration, which overpays billions in benefits annually, will start withholding some benefits sent to overpaid recipients.

A person with their family holding keys to a house.
 

Real estate vs. stocks: Which investment builds more wealth over time?

Putting money into real estate and stocks are two popular ways to grow your wealth. But which of these investment options is better for the long haul?

Use this simple yet effective method to keep track of all your keys.
 

Never mix up your keys again. Use this phone hack.

Use this simple yet effective method to keep track of all your keys.

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