eNewspaper | Crosswords | Horoscopes

The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Mon Sep 29 2025

Daniel de Visé | Personal Finance Reporter

Good morning, and happy National Coffee Day! It's Daniel de Visé with your Daily Money.

For Generation X, retirement beckons. And reality still bites.

A raft of new surveys suggest the MTV Generation is regretful about past financial missteps, anxious about the current economy and fretful about the future.

Here are the numbers.

New tariffs on brand-name drugs. . .

President Donald Trump announced a new round of tariffs beginning in October that would impose a 100% duty on brand-name drugs imported to the United States.

Like many Trump tariffs, this one is complicated, with various exceptions and caveats.

Here's how it might affect your wallet.

. . . And on the home-goods industry

Even as the costs associated with buying and maintaining homes remain out of reach for many Americans, new tariffs on housing goods manufacturers will likely make it harder to remodel and decorate, with dire consequences for much of the home goods industry, not to mention the broader economy.

The tariffs, announced last week by President Trump, include a 30% levy on upholstered furniture, and 50% on kitchen cabinets and bathroom vanities.

How much of those taxes will be passed on to consumers?

📰 More stories you shouldn't miss 📰

•	Social Security is phasing out paper checks: What to do
•	Amazon to refund millions of Prime customers
•	Which Starbucks stores are closing?
•	Attention, drivers: Here's how to navigate a roundabout
•	Three retirement expenses to keep in mind

About The Daily Money

Each weekday, The Daily Money delivers the best consumer and financial news from USA TODAY, 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.