Good morning and Happy National Coffee Day! It’s Daniel de Vis with your daily money.
For Generation X, retirement beckons. And reality still bites.
Numerous new research suggests that the MTV generation regrets about past economic failures, worrying about the present economy and worrying about the future.
This is the number.
New tariffs on branded drugs. . .
President Donald Trump has announced new tariffs that begin in October.
Like many Trump tariffs, this is complicated and with a variety of exceptions and warnings.
Here’s how this will affect your wallet:
. . . And in the work-from-home industry
Despite the costs associated with purchasing and maintaining homes remaining out of reach for many Americans, new tariffs on housing equipment manufacturers will make it difficult to have dire consequences for many of the housing goods industry, let alone the broader economy.
The tariffs announced last week by President Trump have 30% levied on upholstered furniture and 50% in kitchen cabinets and bathroom vanity.
How many of these taxes are handed over to consumers?
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About daily money
Every day, Daily Money will provide you with the best consumer and financial news from USA Today, breaking complex events, providing you with the TLDR version, and explaining how everything from the Fed rate to bankruptcy will affect you.
Daniel de Vice covers USA Today’s personal finances.
