Automakers are facing higher costs and increased car prices in response to President Trump’s new 25 percent tariffs on imported cars and parts. Options include moving production to the U.S., increasing domestic production, and ceasing imported model sales, but all choices will lead to price hikes for consumers. Tariffs may add thousands of dollars to car prices, prompting some companies to consider operational changes while others hope for a consumer backlash to prompt policy reversal.
Full Article
Is This the Perfect Age to Start Social Security?
You prepare for retirement by saving and budgeting, but optimizing your Social Security claim is crucial for maximizing your benefits. While you may have a claiming age in mind, there is no universally perfect age to sign up; some ages may be more advantageous depending on individual circumstances. Explain It To Me Like I'm 5: Choosing when to get your Social Security money is important because it can make a big difference in how much...
Read more