Author: Money Mechanics

Kerry Hannon is coauthor of Retirement Bites: A Gen X Guide to Securing Your Financial Future. She recently spoke to Kiplinger Personal Finance about the unique challenges facing Gen X — those born between 1965 and 1980 — as they try to save for retirement, as well as the generational strengths that will work in their favor.Q: What is unique about the challenges that Generation X faces when it comes to retirement compared with other generations? Hannon: The 64 million people in this generation, who range in age from 45 to 60, entered the workplace when traditional pensions were sliding…

KEY TAKEAWAYS PDD Holdings Monday posted second-quarter results that overshot analysts’ estimates even as the parent of the Temu shopping site was hit during the period by the end of a key U.S. tariff exemption.A trade loophole known as the de minimis exemption that allowed foreign firms to avoid tariffs on shipments worth less than $800 expired in early May.Finance Vice President Jun Liu said, however, that intense competition weighed on second-quarter revenue growth. PDD Holdings (PDD) Monday posted second-quarter results that overshot analysts’ estimates even as the parent of the Temu shopping site faced the end of a key…

Key Takeaways President Donald Trump said the administration would being a “Tariff investigation” of furniture imports.The president explained that after the 50-day study was completed, he would be putting tariffs on imported furniture.Shares of retailers that rely heavily on imports fell, while those with stronger U.S. manufacturing bases rose. Shares of some big furniture retailers slumped in premarket trading after President Donald Trump announced that he will soon be slapping tariffs on imported furniture. Trump wrote on his social media site, Truth Social, last week that his administration was beginning a “Tariff investigation” of furniture coming into the country, which…

Key Takeaways Intel shares added to Friday’s gains in premarket trading after the U.S. announced it was taking about a 10% stake in the firm.The chipmaker said the deal will have Washington purchase 433.3 million shares at $20.24 per share.The investment in the struggling company is part of the Trump administration’s move to boost semiconductor manufacturing in the U.S. Intel (INTC) shares added to their Friday gains in premarket trading following word the U.S. had taken about a 10% stake in the struggling chipmaker. President Donald Trump posted on his social media site, Truth Social, on Friday that he negotiated…

Not long after Monique Showalter had her two sons some 40 years ago, her mother set the tone for how to save for the college education of all her grandchildren. “She told us, ‘I’ll pay the college tuition and you guys pay for everything else,’” Showalter says. “We still had hefty college bills for room and board, and all, but it really helped.“That set a precedent, and I thought ‘I’m going to do that for my grandchildren,’” she adds. Today, with five grandchildren aged from 12 to 3 years old, and a sixth on the way, she has been socking…

KEY TAKEAWAYS Keurig Dr Pepper on Monday said it has struck a deal to buy JDE Peet’s for 15.7 billion euros ($18.4 billion) in cash, then plans to separate its coffee and beverage businesses.The spinoff plan would effectively unwind the 2018 merger between coffee firm Keurig and beverage giant Dr Pepper. Keurig Dr Pepper shares are more than 3% lower in premarket trading, while JDE Peet stock is up 17% in Amsterdam trading. Keurig Dr. Pepper (KDP) on Monday said it has struck a deal to buy JDE Peet’s for 15.7 billion euros ($18.4 billion) in cash, then plans to separate its…

Federal Reserve Chair Jerome Powell’s speech at provided a boost to most risk assets, including large parts of the commodities complex. Yet, uncertainty over a Russia-Ukraine peace deal and the risk of tougher sanctions hang over the market Energy – India’s Secondary Tariffs Come Into Effect This Week prices managed to finish last week higher, settling up almost 2.9% higher as enthusiasm over a potential Russia-Ukraine ceasefire wanes. Uncertainty prevails as US President Trump once again threatens to impose tougher sanctions on Russia unless there’s a deal to end the war. Trump said there needs to be more clarity within…

Here are the ten most popular news articles, week ending August 24th 2025, covering catastrophe bonds, ILS, reinsurance capital and related risk transfer topics. To ensure you never miss a thing subscribe to the weekly Artemis email newsletter updates or get our email alerts for every article we publish.Ten most read articles on Artemis.bm, week ending August 24th 2025: Hannover Re to expand direct ILS activities, launch Capital Partners platform in BermudaHannover Re is establishing a Bermuda based insurance-linked securities (ILS) platform named Hannover Re Capital Partners, as it looks to round-out its offering to ILS investors and the market.…

Logo of New Era Debt Solutions (credit: neweradebtsolutions.com) New Era Debt Solutions (https://neweradebtsolutions.com/) is a well-established, legitimate debt settlement company (NOT a credit counselor) that’s been helping people get out of debt since 1999, which makes it one of the oldest debt settlement providers in America. Based in Camarillo, California, they operate nationwide (EXCEPT Maine, Oregon, and Iowa), and specialize in negotiating with creditors to settle unsecured debts, like credit card debt, personal loans and others for less than what you owe. Check if You Qualify First Considering debt settlement? New Era offers a free consultation to help you assess whether…

Investment firm Kerrisdale Capital has initiated a short position on Aurora Innovation Inc. AUR, arguing in a new report that the autonomous trucking company will “never become a viable commercial operation.” The report, titled “A Dead End” and published last Tuesday, claims Aurora’s business model is fundamentally flawed and its profit potential is “puny.”Check out AUR’s stock price over here.Aurora’s Self-Drive Trucks Incapable Of Point-to-Point ShippingKerrisdale contends that Aurora’s technology is incapable of true point-to-point autonomous shipping. Instead, it is limited to a “hub-and-spoke” system where driverless trucks handle only the middle highway miles, while manned trucks are required for…