Investments and Business

Inflation continues to squeeze American households, prompting some to seek creative ways to manage expenses—but many of these solutions deepen long-term debt.The 50-year mortgage proposalThe Trump administration's recent suggestion of a 50-year mortgage has rekindled discussions about extended borrowing periods. Bill Pulte, the head of the Federal Housing Finance Agency, described it as "a complete game changer" on social media. Although the concept might initially appear appealing due to reduced monthly installments, the financial ramifications over such an extended duration are considerably more intricate.A mortgage stretched over half a century could nearly double the total interest paid compared with a…

Following over two centuries of circulation, the American penny is slated for discontinuation, concluding a 238-year period in the country's financial narrative. The last coin is scheduled for production today at the US Mint in Philadelphia, signifying the conclusion of an epoch.The final minting and reasons for retirementThe last penny will be produced under the supervision of Treasury Secretary Scott Bessent and Treasurer Brandon Beach, following a directive from President Donald Trump earlier this year to halt production. The decision stems from the rising cost of manufacturing the coin—nearly four cents per penny—making it more expensive to produce than its…

President Donald Trump is considering issuing $2,000 tariff rebate checks to Americans as a way to offset rising costs, a move that has drawn both attention and scrutiny.The idea of sending $2,000 rebate checks comes amid ongoing inflationary pressures that continue to strain household budgets across the United States. Trump’s administration has framed the measure as a response to higher prices for everyday goods, which have been partly attributed to tariffs on imported items. The checks would aim to provide immediate financial relief, helping families cover the increased cost of groceries, electronics, and other consumer products.White House officials have described…

Jon Stewart will remain at the helm of “The Daily Show” on Comedy Central through the end of 2026, Paramount confirmed Monday. The announcement ends months of speculation about the late-night host’s future amid corporate changes and political pressures.Stewart’s ongoing role on Comedy CentralParamount's extension guarantees Stewart's role as the Monday presenter of "The Daily Show" for the upcoming year, encompassing the pivotal 2026 midterm elections. Comedy Central will persist in rotating its correspondents as guest hosts from Tuesday to Thursday, preserving the program's characteristic diversity of perspectives while ensuring Stewart's presence anchors the weekly schedule.Stewart made his comeback to…

Kimberly-Clark is set to acquire Tylenol’s parent company Kenvue in a nearly $50 billion deal, creating one of the largest consumer products conglomerates in the world. The merger combines a portfolio of household brands with global reach, but it also comes with notable financial and regulatory risks that both companies must navigate carefully.A pivotal consumer goods acquisitionThe integration of Kenvue, a company that originated from Johnson & Johnson in 2022, brings together renowned brands such as Tylenol, Johnson’s baby items, Clean & Clear, Kleenex, Listerine, and Depends under a single corporate entity, alongside Kimberly-Clark’s current product range. The organizations anticipate…