The Daily Money: Is Wall Street's hot streak coming to an end?
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 Paste BN, 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.