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Business

Retirement Dilemma: To Borrow or to Sell? A 70-Something Couple Weighs $60K Home Repair Options

A retired couple in their early 70s, living on Social Security and pensions with a paid-off home and nearly $1 million in investments, faces a common but critical financial crossroads: should they fund $50,000-$60,000 in home renovations by taking out a loan or by selling stocks? Experts weigh the tax implications, market risks, and lifestyle factors unique to later-life financial planning.

Business

TransDigm Doubles Down on Aerospace Aftermarket with $3.2 Billion Acquisition Spree

Aerospace component giant TransDigm Group is making a major strategic bet on the lucrative aftermarket sector, announcing a trio of acquisitions valued at approximately $3.2 billion. The deals for Stellant Systems, Jet Parts Engineering, and Victor Sierra Aviation signal a focused push to secure higher-margin, recurring revenue streams as the industry grapples with evolving maintenance and repair demands.