Author: Money Mechanics

KEY TAKEAWAYS Boeing has logged its biggest-ever single order with a sale of up to 22 787 Dreamliners to Uzbekistan Airways in a deal President Donald Trump said is worth more than $8 billion.The companies said Monday that Uzbekistan Airways would buy 14 of Boeing’s 787-9 Dreamliner jets, with options for eight more.The companies said the investment will support “nearly 35,000 U.S. jobs.”The two companies announced the deal as Washington and Beijing reportedly are in the final stages of talks for a “huge” Boeing aircraft order, according to Bloomberg. Boeing (BA) has logged its biggest-ever single order with a sale of…

AutoZone Posts Weaker-Than-Expected Q4 Profit 2 minutes ago AutoZone (AZO) posted weaker-than-expected quarterly profit as its spending increased. The auto parts retailer reported fourth-quarter fiscal 2025 net income that dropped 7.2% to $837.0 million, with diluted earnings per share of $48.71. Analysts surveyed by Visible Alpha were looking for $867.5 million and $50.89, respectively. Revenue rose 0.6% to $6.24 billion, basically in line with forecasts. Same-store sales grew 4.5%, slightly higher than estimates. Eva Marie Uzcategui / Bloomberg via Getty Images Operating, selling, general, and administrative expenses were up 3.0% to $2.02 billion as AutoZone added 141 stores and expanded its inventory 14.1%. CEO…

The emotional and financial impact of a “gray divorce” can be overwhelming.A 2022 study from the Journal of Gerontology found that 36% of divorces were among people 50 and older.Beyond the emotional strain of a divorce, managing your finances is critical. From just $107.88 $24.99 for Kiplinger Personal Finance Be a smarter, better informed investor. CLICK FOR FREE ISSUE Sign up for Kiplinger’s Free Newsletters Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more – straight to your e-mail. Profit and prosper with the best of expert advice – straight to your…

Choosing the right age to retire is crucial, since once you leave the workforce, you may not be able to return. If you decide to go back to work, you’ll likely have to find a new job, possibly at a lower salary. That’s why you need to be sure you’re ready before you retire.To help you figure out the right age for you, we put together a checklist of questions you should ask yourself before retiring. The checklist covers everything from money to emotions and helps you prepare for the next chapter of your life, whether you are 55 or…

If you’re a New York resident, check your mailbox: Hundreds of dollars could be waiting inside. The New York State Office of Taxation and Finance has announced it will issue inflation refund checks as early as this fall.The event is not because of any special program, like how STAR payments are issued. Instead, New York is providing one-time relief checks to help offset higher sales taxes due to increased inflation.“This is your money and we’re putting it back in your pockets,” Governor Kathy Hochul said in a press release. From just $107.88 $24.99 for Kiplinger Personal Finance Be a smarter,…

For many retirees, the home they’ve lived in for decades is their single largest asset and a cornerstone of retirement security. Yet rising property values — paired with a capital gains tax rule that hasn’t changed in nearly 30 years — are leaving more older adult homeowners feeling stuck.The problem: if you sell, the tax bill on decades of appreciation could be massive. If you stay, you may forgo downsizing, relocating, or unlocking substantial home equity to fund retirement.Part of the dilemma stems from the federal capital gains exclusion on primary home sales. From just $107.88 $24.99 for Kiplinger Personal…

“My mother was a 72-year-old widow when she met ‘William’ at church and was soon swept off her feet. He claimed to have lost his wife some years earlier.”She described him as her Prince Charming — he took her to nice restaurants, social events, trips out of town, things that spoke of having money. They married after knowing each other just 10 months. During their courtship, Mom commented that William never had cash, but put everything on credit cards.”I told her to do a background search on William — were there skeletons in his past? Was he truly well-off financially,…

If there’s one trait that spans generations today, it might be missed opportunity.A 2024 LinkedIn study found that one in five Gen Z workers hadn’t had a single conversation with a baby boomer or Gen X colleague in the past year. It’s a missed opportunity for insight, perspective and advice on making better investment decisions.Research shows that intergenerational learning benefits people of all ages by breaking down stereotypes, improving emotional well-being and building stronger, more cohesive communities. From just $107.88 $24.99 for Kiplinger Personal Finance Be a smarter, better informed investor. CLICK FOR FREE ISSUE Sign up for Kiplinger’s Free…

Similar to Social Security, Medicare is facing funding issues. You may have heard that the Hospital Insurance fund for Medicare Part A is expected to be able to fully pay scheduled benefits only until 2033, three years sooner than last year’s projection. However, it’s not as if the cost of Medicare will stay steady and suddenly increase in 2033. Instead, Medicare beneficiaries have a more immediate problem in the form of rising premiums and surcharges starting in 2026 and continuing over the next decade.The 2025 Medicare Trustees Report projects a steady increase in Medicare Part B premiums and IRMAA surcharges…

US Federal incentives are fading, but household demand for solar remains strong. With lower capital costs and community trust, credit unions and banks can deliver fair loans that turn solar from a niche to a norm, benefiting families and their own balance sheets alike, writes Bill Paulen, CEO of LoanTERRA, a green lending platform helping credit unions and community banks expand access to renewable energy financing. By most measures, residential solar power should already be a mainstream investment for US households. Solar panels now convert more sunlight into electricity than earlier generations, batteries hold their charge more consistently and last…