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On Holding AG (ONON) Is One Of My Favorite Companies, Says Jim Cramer

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We recently published 9 Stocks Jim Cramer Recently Talked About As He Said I’m A Quantum Computing “Believer”. On Holding AG (NYSE:ONON) is one of the stocks Jim Cramer recently discussed.

On Holding AG (NYSE:ONON) is a Swiss athletic apparel retailer. Its shares have dipped by 19% year-to-date, primarily due to inflationary effects on the demand for its products. However, despite the weak share performance, Cramer has remained upbeat about On Holding AG (NYSE:ONON) as he believes that the firm has the potential to rise from any major setback. Here are his recent thoughts about the firm:

“One of my favorite companies is On Holding. Now it has been stuck in a holding pattern. They reported very good numbers today, the stock was initially up seven, now it’s down. There’s a substantial short position, the shorts have been winning in this battle. I think Roger Federer in the end wins. But it is a very contested group.”

On Holding AG (ONON) Is One Of My Favorite Companies, Says Jim Cramer
On Holding AG (ONON) Is One Of My Favorite Companies, Says Jim Cramer

Copyright: halfpoint / 123RF Stock Photo

Here are Cramer’s previous thoughts about On Holding AG (NYSE:ONON):

“You know, let me tell you something, the reason why I like the stock is that they have adjusted every time that there’s been a problem. Roger Federer and his team have adjusted, and I think that if there’s really something that’s lasting and negative, they will fix it, which is one of the reasons why I do like On. I am concerned that Nike may be making a comeback and take business from On, but I think On is a decent buy here.”

While we acknowledge the potential of ONON as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.

How to feed children for less in the holidays holidays

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avrotusa
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Colletta Smith

Cost of living correspondent

Getty Images The young children sitting around a table eating spaghetti as one boy dangles spaghetti into his mouth from above his headGetty Images

The school summer holidays means many parents face the task of cooking up lunches and snacks for children eating most of their meals at home for six weeks.

It can prove costly especially as food prices are rising faster now than at any point in the last year. School dinners are often subsidised so doing it yourself can get pricey.

Some parents have shared how meticulous planning and creative cooking has been helping them keep their shopping bill down.

Fill your freezer with yellow-sticker food

Evelyn with shoulder length black hair in tight curls wearing a long sleeve black top with white floral design in a big square on the front. She is standing in a community kitchen smiling at the camera.

Evelyn stocks up her freezer with discounted food

For mum-of-two Evelyn buying reduced items is key. “I’m not afraid of a yellow sticker, especially for my meat, that’s what your freezer is for,” she says.

At home in Gorton, in East Manchester, she’s been preparing for the summer holidays for months, buying reduced items to pop in the freezer and use when there are more mouths in the house to feed.

She has a 12-year-old daughter who gets free school meals during term time and a 19-year-old son who’s back home from university for the holidays.

“The snacking is immense,” she says.

But like Colette, she’s determined not to waste anything. “When you’ve got things going off, try and make something else out of them. Dip fruit into yoghurts, bang them in the freezer and you’ve got nice little frozen berry yoghurt snacks.”

Evelyn receives a £50 voucher to help with the cost of summer holiday food from Manchester City Council issued by her daughter’s school. She says they are a “big help”, particularly as they are not tied to one supermarket, so she can shop around for the best deals.

Food prices increased by 4.5% compared to June last year, and it’s expected the next set of official figures will show a further rise in July and August.

Benefit payments went up in April and after taking inflation into account, average wages grew by 1.5% between April and June.

But rent and mortgages rises, as well as increases in the cost of summer holiday clubs or childcare means many families say they aren’t feeling any better off.

Put food for each day in a seperate bag

Laura Maggs with shoulder length light brown hair and wearing a cream blouse covered in different sizes, types and colours of mushrooms smiling at the camera with large wooden shelving and office desk in the background

Laura Maggs plans her meals and puts each one in a seperate bag

Laura is out of work at the moment and has three children who she describes as “eating machines” who receive free school meals during term time.

But in the school holidays “sometimes we’ve got plenty of food, and sometimes we don’t, so you have to get creative,” she says.

Her tactic is to see what food she has, and put it into separate bags for each day, to help make sure the food lasts all week.

She says putting food in high kitchen cupboards – out of reach of the children – means the snacks don’t all disappear in one go.

“It can be really really hard when you’re having to scrimp and save and spend so much time thinking and organising and figuring out where the food is going to come from,” she says.

Laura says her local pantry the Bread And Butter Thing in South Manchester has been “a lifeline”.

She pays £8.50 for three bags of surplus food from supermarkets, farms and wholesalers. What’s inside is pot-luck but there is always fresh fruit and veg.

“It means I can put something on the table that they are going to want to eat and that’s financially viable,” she said.

The UK’s biggest food distribution network Fareshare says it has already supplied ingredients for 400,000 more meals this school holiday compared to last summer.

Child Poverty Action Group is among charities warning the current funding is not enough to help all the households that are struggling.

Order your fridge by use by date

Coletta Todd with long ginger hair and a fringe standing between her 14-year-old son henry who is wearing a grey t shirt and her sweven-year-old daughter Mary who is wearing a pink t-shirt. They are standing in front of a bright roange wall with a lamp to one side and gold frame on the wall with the words Freedom in typographical art

Colette Todd says she and children Henry and Mary don’t waste any food – even crusts

Colette is mum to seven-year old Mary and 14-year-old Henry as has previously spoken to us about high prices in supermarkets.

She lives in south Manchester and juggles three part-time jobs as a music teacher and carer. She gets paid for her school-based work at the start of each term and says making the money last over the summer holidays is always difficult.

“We have to be clever and careful about how we use the food,” she says. “Which is no different to normal it’s just there’s more meals to make out of what we’ve got”.

There’s one basic rule she sticks by: “We don’t waste anything,” she says. “Even crusts.”

“It sounds really silly but it’s having a system in the fridge of making sure the stuff that’s at the front is the stuff that needs using first,” she says.

“The kids are not going to rummage around and look at use by dates, but if it’s at the front I know that’s the one that needs using first.”

The family try and batch cook too. Henry joined in to make a bolognaise this week, and now there’s an extra portion in the freezer for another day.

Cost of living Tackling It Together graphic in black and red with a woman filling a cup froma kettle

How to get help with school summer holiday food

  • In England and Wales low-income families should have access to free food at holiday schemes through the Holiday Activities and Food Programme.
  • Some councils also give food vouchers directly over the holidays through a government pot called the Household Support Fund.
  • In Scotland some councils are also offering extra free school meal payments to low-income families over the school holidays. However, in Northern Ireland there is currently no funding in place, as “holiday hunger” payments were stopped in 2023 as a cost cutting measure.
  • Food banks provide emergency help for those in dire straights, but an increasing number of Food Pantries, or Food Clubs now exist across the UK. Here members pay a small fee, and are given a fixed number of bags of food each week.
  • Some apps like Olio and TooGoodToGo allow you to get cheap or free food from cafes and shops that would otherwise go to waste at the end of the day.

South Carolina deploys 200 National Guard troops to DC

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avrotusa
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South Carolina Gov. Henry McMaster (R) revealed on Saturday that he authorized the deployment of 200 National Guard troops to help “restore law and order” in Washington, D.C., adding that they could be recalled in case of a disaster in the Palmetto State. 

“I’ve authorized the deployment of 200 S.C. National Guardsmen to support President Trump in his mission to restore law and order to our nation’s capital. The federal government will pay for this deployment under Title 32,” McMaster said in a post on social media platform X. 

“Our National Guard will work to assist President Trump’s mission, and should a hurricane or natural disaster threaten our state, they can and will be immediately recalled home to respond,” the governor added. 

The order comes just hours after West Virginia Gov. Patrick Morrisey (R) announced that between 300-400 National Guard troops from his state will be heading to the District as President Trump’s administration’s police takeover continues in the nation’s capital. 

The president invoked a provision in the Home Rule Act earlier this week, spearheading the federal control of Washington’s police department and deploying 800 National Guard soldiers and federal officers to patrol the District’s streets to better curb crime. 

The administration said this week that since the federal police takeover was put in place, hundreds have been arrested, and dozens of firearms have been confiscated. 

The Justice Department (DOJ) named Drug Enforcement Administration (DEA) head Terry Cole as the Metropolitan Police Department’s (MPD) “emergency police commissioner,” sparking pushback from some D.C. residents and city council members. Attorney General Brian Schwalb sued the administration over the DOJ’s move to appoint Cole. After a federal judge expressed concerns about the move, the DOJ agreed to back away.

D.C. Mayor Bowser (D) has looked to calm the nerves of Washingtonians, as some residents have protested the deployment of the National Guard in recent days. 

“It has been an unsettling and unprecedented week in our city. Over the course of a week, the surge in federal law enforcement across DC has created waves of anxiety. I was born one year before Home Rule became law, and while our autonomy has been challenged before, our limited self-government has never faced the type of test we are facing right now,” Bowser said in an open letter on Friday. 

Joby Aviation Falls. What a 12-Minute Flight Means for the Stock.

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avrotusa
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Joby Aviation Falls. What a 12-Minute Flight Means for the Stock.

Pembrokeshire’s Thorne Island fortress turned into £3m party space

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avrotusa
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Strutt & Parker An aerial view of Thorne Island, with the yellowed fortress walls encompassing it and cliffs covered in greenery at its edges. The island is surrounded by the sea, with the mainland in distance. Two flights of steps lead down to the water's edge. Strutt & Parker

The fortress did not even have running water when Mike Conner took it on

Many dream of taking on a renovation project, something to transform and make your own.

But for one former software company CEO, the opportunity to bring back to life a derelict 19th Century Napoleonic fort brought with it more challenges than he had ever anticipated.

Mike Conner, 52, snapped up Thorne Island near Milford Haven in Pembrokeshire for £555,000 in May 2017.

The building, which was known for its parties under a previous owner, had been empty for 17 years, taking him about a year to bring it to a habitable state.

Now equipped with 40 beds, four en-suite bathrooms and its own night club, the historic building has come a long way from having no running water, and is back on the market for £3m.

“Many have described it as a midlife crisis,” Mr Conner joked.

“I really didn’t know what I was getting myself into.”

Layered with history, the 100-man fort was originally built in the 1850s to protect the busy port of Milford Haven from French naval attacks.

It was converted into a hotel in 1947 and hired out for birthday parties, weddings and stag parties, before being sold in 1999.

By 2001 the building was bought by the Von Essen hotel group who intended to spend £4m to re-open the hotel, equipped with a cable car to allow access from the mainland.

But it was largely abandoned when Mr Conner purchased the listed building, with the once-bustling party island left to grow over.

Mike Conner Mike Conner stands to the left of the photograph in front of the sea, he is wearing a blue polo shirt and dark cap and has short stubble. Behind him a man with no shirt on is walking up some steps carrying a bag. A small island can be seen in the background. Mike Conner

Mike Conner bought the island back in 2017 and has devoted years to bringing it back to life

“There was no electric, no water, and any food or waste needed to come back off,” he said.

“My wife was pretty cross when I first said I bought it, she said she would stay once it had a flushing loo, which is pretty reasonable.”

But Mr Conner did not anticipate the first flush would require cutting through 16ft (5m) of rock to get to the biodigester pump, ultimately costing him £200k.

Strutt & Parker A bar area created in the fortress. The bar itself is wooden, with wooden and metal bar stools and wine glasses hanging from the ceiling on wire racks. Beyond, Afghan rugs cover parts of the concrete floor, with leather armchairs and a window looking out to the sea. Strutt & Parker
Strutt & Parker An aerial view looking directly down on to the island. The stone outer walls surround the majority of the land, with a green courtyard inside. Cliffs and rocks surround it, the sea is turquoise blue. Strutt & Parker

The fortress now has 40 beds, four en-suite bathrooms and its own night club

The 100-man fort was originally built in the 1850s to protect the busy port of Milford Haven from French naval attacks

“Wales has got some absolutely fabulous historic buildings that are in really sad states,” said Mr Conner.

The whole Thorne Island renovation process took nearly five years to get over the line, with six men living on the island for about four years while work was ongoing.

Much of the equipment was brought in via helicopter, Mr Conner said, a process he described as “incredibly hard” given its location.

He added getting materials was extremely difficult, but it was also a challenge for those who agreed to work on the project and live on site.

“Most people who joined the project, I still work with now,” said Mr Conner.

“You just couldn’t predict how many people want to help you.”

The men working on the island would spend stints of about two weeks on the island, unable to shower and covered in dust.

“They would charge their phones with a generator, and would have to have a dip in the sea for a wash. It was tough living,” said Mr Conner.

Mike Conner A large group of people stand on a flat concrete surface, with the sea stretching beyond then. They are all wearing colourful 60s themed fancy dress costumes, with many wearing different coloured round sunglasses, long wigs, and headbands. Mike Conner

The island hosted its own festival for Mr Conner’s 50th birthday, complete with a tight-rope performer

Mr Conner, who trained as a design and technology teacher, said the design process excited him the most.

He said he could not believe the Victorians could build something so magnificent, inspiring him to keep going.

He added: “A thousand men were working on it for two years, it was built in the same way as Stone Henge.”

“I felt my task was really modernising it,” Mr Conner said, adding the renovation was a task of figuring out how the new would work with the old.

“It almost feels like a tribute to their hard work and you’re just really building the last little bit on top of what was already an awesome, bomb-proof construction.”

The island has “seen everything”, according to Mr Conner, from 80-people parties to “millpond serenity”.

With “no neighbours to upset”, the island hosted its own festival for Mr Conner’s 50th birthday, complete with a tight-rope performer across the picturesque courtyard.

“People who come for a weekend are surprised when I hand them a bin liner and say it needs to come back off with them – but no-one comes here to collect the bins.”

Mike Conner A black and white photograph showing a group of men in military uniform on a flight of stairs. A cannon can be seen in front of them, along with a group of metal containers. The sea can be seen behind them. Mike Conner

The island, built in the 1850s, was intended to protect Pembrokeshire from French naval attacks

As a former CEO, Mr Conner described his time on the island as “incredible” as he had to let go of everyday routines.

“We all often live by a calendar of scheduled meetings, but the island is the complete opposite – it’s off grid. It feels real time, it feels like living.”

Time stops on the island, Mr Conner said, adding that with something always going on, people tended to put their phones away.

“I think that’s what makes Thorne a special place, that people are present.”

Mike Conner A group of people sit on benches in a courtyard, surrounded by large grey fortress walls. They are facing a band set up along the far wall. A small square plunge pool can be seen in the right hand corner. The sea can be seen in the distance. Mike Conner

Thorne Island operated as a hotel from 1947 to 1999, hosting weddings, hen and stag parties and birthdays

Originally from Gloucestershire, Mr Conner does not live on the island but as the primary contractor spent a lot of time there during the renovation process.

He initially juggled running his business alongside the venture, but sold his software company two years ago.

“It was quite cathartic for me to have this parallel life of complete chaos, which particularly through Covid was quite awesome.”

The project also lifted the lid on Mr Conner’s personal heritage too, as it was not until he got the keys did he discover he is in fact a quarter Welsh, as his mum grew up at Upton Castle, Pembroke Dock.

Mike Conner Scaffolding set up along one of the fortress walls, with a man on top of it using a hand tool. He is wearing a cap, blue gilet and orange harness. Behind the scaffolding is the sea, with cliffs in the background. Mike Conner

The island can host about 800 people, Mr Conner said

Speaking of the island’s future, Mr Conner said he hoped its new owner enjoys it as much as he has, but that it also has huge potential to operate as a tourist attraction, or play host to “the most unbelievable raves”.

Mr Conner said he envisaged the site offering an “unbelievable 24-hour experience”, with the potential to host about 800 people.

“I think that would be great for Wales, but I’m not in that industry and I don’t know how that works.

“If it was generating revenue, and creating jobs and sustaining itself, that would be a great outcome.

“The more people who could use it the better, as it’s got to be one of the most interesting buildings in the area,” he added.

Mr Conner said more people needed to come to Wales and see what is there.

“It’s a blank canvas, and the next owner can work out what it’s for,” he said, speaking of the island.

“But if there are any events there, I would crawl over broken glass to get there.”

Dancing with the devil

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avrotusa
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Here’s the most important thing to know about President Trump and Russian President Vladimir Putin in Alaska.  The evil dictator wants to continue killing people because he likes it. Conversely, Trump would like to save lives.

Trump literally rolled out the red carpet for evil Putin, showing him respect he doesn’t deserve.  But sometimes flattery can lead to positive outcomes.

Not this time.

So, now, plan B has to begin. But it doesn’t have to be stated so Trump haters can denigrate it.  A second meeting? No downside. But no expectations either. Ukrainian President Volodymyr Zelensky will confer with Trump on Monday, but all the verbiage is not likely to solve anything. Putin will have to be forced to stop murdering innocent civilians in Ukraine.

You can’t do that militarily. The incredibly foolish John Bolton told Leland Vittert on NewsNation the solution to the war is heavily arming Ukraine so that small, poor nation can “defeat ” Russia on the battlefield.

Sure — and Tibet will kick China’s butt as well, right John?  Stop insulting the intelligence of everyone who has the unfortunate experience of hearing you.

The facts are these: Russia has a nuclear arsenal and Putin is a psychopath.  He’s got a vast underground bunker that can shield him from a nuclear reprisal. Insulting the man is stupid.  Trump is trying to reason with the war criminal. He has to make an attempt even if the tactic doesn’t work.

The Russian army has 3.6 million troops despite losing almost a million in Ukraine. Putin couldn’t care less about casualties. It’s the same violent profile as his idol — killer Joe Stalin.

Ukraine has about 800,000 soldiers. John Bolton can’t seem to do the math but I’m confident you can.

Thus, there will be no battlefield victory for Ukraine.  They can continue fighting a grinding defensive war, but that’s it. Hundreds of thousands more will die in the process.

Putin understands he has more power than the west because the U.S. and NATO will not enter into World War III to save the Ukrainians.

Therefore, economic warfare must begin. Any nation, including China, aiding Russia by buying its oil cannot do any trade at all with America and Europe. None. That would risk upheaval in the world markets, of course, but that’s the only way to defeat Vladimir Putin. Starve him.

Will Trump take that drastic step? I don’t know. The NATO countries and Washington might first start sanctioning all banks doing transactions with Moscow. Big time warning shot.

So, I hope there is a second summit meeting. But before that happens evil Vlad must understand what awaits him if he continues destroying a country for nothing but personal vanity.

He may not give a damn. But the only other option is surrendering to the devil, allowing him to enslave a free country.

What an awful dilemma for the world.

Bill O’Reilly is an author, podcaster and former cable news host and commentator.

Why UnitedHealth Stock Is Skyrocketing Today (Hint: Warren Buffett)

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avrotusa
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  • Berkshire Hathaway’s latest SEC filing revealed that the company has taken a $1.6 billion stake in UnitedHealth Group.

  • Berkshire added a few others while reducing stakes in both Apple and Bank of America.

  • UnitedHealth has faced several challenges this year, including the revelation of multiple DOJ investigations and the resignation of its CEO.

  • 10 stocks we like better than UnitedHealth Group ›

Shares of UnitedHealth Group (NYSE: UNH) are jumping on Friday, up 13.8% as of 2:14 p.m. ET. The spike comes as the S&P 500 (SNPINDEX: ^GSPC) declined 0.1% and the Nasdaq Composite (NASDAQINDEX: ^IXIC) fell 0.3%.

The troubled health insurance giant is finally seeing its stock rebound after months of trouble, thanks to the purchase of 5 million shares by Warren Buffett’s Berkshire Hathaway.

Berkshire Hathaway’s latest regulatory filing revealed that the company took a considerable stake in UnitedHealth. The 5 million-share, $1.6 billion stake makes the massive health insurer the 18th-biggest position in Berkshire’s portfolio. Buffett’s company also trimmed its positions in Apple and Bank of America.

The move took Wall Street by surprise, given the many issues UnitedHealth faces, and the revelation sent shares soaring immediately.

The company’s most recent quarterly report revealed a darkening financial picture, including a significant miss on earnings per share, as costs from medical care continue to balloon. The company was also forced to suspend guidance as it tries to adapt to the shifting market.

A healthcare professional talks to a patient.
Image source: Getty Images.

Its financial woes are far from the company’s only issues, having recently suffered the sudden departure of its CEO for “personal reasons.” The departure comes as the company faces two Department of Justice (DOJ) probes — one criminal and one civil — into its Medicare billing practices.

It’s hard to disagree with the Oracle of Omaha, but there are just too many issues facing UnitedHealth at the moment and with no clear picture of an imminent turnaround. I would stay away from the stock.

Before you buy stock in UnitedHealth Group, consider this:

The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and UnitedHealth Group wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.

Consider when Netflix made this list on December 17, 2004… if you invested $1,000 at the time of our recommendation, you’d have $663,630!* Or when Nvidia made this list on April 15, 2005… if you invested $1,000 at the time of our recommendation, you’d have $1,115,695!*

‘Putin demands land for peace’ and ‘War on motorists’

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avrotusa
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The headline on the front page of The Sunday Times reads: "Putin demands land for peace".

Global reaction to Donald Trump and Vladimir Putin’s Alaska summit features prominently in Sunday’s papers. The Sunday Times leads with more details from the meeting, reporting that Putin offered to freeze the front lines in two Ukrainian provinces if Kyiv’s troops withdraw from the region of Donbas. The paper also previews President Volodymyr Zelensky heading to the White House on Monday to meet Trump.

The headline on the front page of The Sunday Telegraph reads: "Trump supports Putin's land grab".

The Sunday Telegraph follows with its coverage of “Putin’s land grab”, reporting that Trump “is inclined to support” Putin’s demand that Ukraine surrenders the mineral-rich Donetsk region to Russia in order to end the war. Elsewhere, the paper says Labour has renewed its “war on motorists” by dropping plans to limit new low traffic neighbourhoods and 20mph hour zones. The Telegraph says Conservatives called the move “a kick in the teeth to motorists”.

The headline on the front page of the Mail on Sunday reads: "Zelensky is trapped in Trump and Putin vice".

Zelensky is “trapped in Trump and Putin vice”, declares the Mail on Sunday. The paper says world leaders fear that the Ukrainian president will be forced to give up swathes of his homeland for a “fragile peace” in his meeting on Monday with Trump. Elsewhere, the paper spotlights former PM Boris Johnson’s take on the Alaska meeting as “the most vomit inducing summit in diplomatic history”.

The headline on the front page of the Sunday Express reads: "The world's in 'grave danger' if West caves in to Putin".

A warning from experts that the world is in “grave danger if West caves in to Putin” looms large on the Sunday Express. The paper quotes foreign policy experts who say the UK and Europe are at risk of “failing the greatest security challenge” since World War Two. It says critics fear that Trump’s race to secure a peace agreement “will reward Russia and put other nations at risk of invasion”.

The headline on the front page of the Sunday Mirror reads: "Kinnock: Time to scrap the two-child cap".

The Sunday Mirror splashes on former Labour leader Neil Kinnock calling on the government to “scrap the two-child cap” to lift “60,000 kids out of poverty”. In an interview with the paper, Kinnock also says the Conservatives have left the country in a state of hardship that would “make Charles Dickens furious”.

The headline on the front page of the Observer reads: "A terrorist?"

The Observer features an op-ed from Home Secretary Yvette Cooper, in which she again defends the proscription of Palestine Action as a terrorist group. She says it is more than just “a regular protest group known for occasional stunts”.

The headline on the front page of the Sun reads: "BBC call cops in Strictly probe".

The Sun leads on the BBC’s probe into Strictly Come Dancing. The paper says the broadcaster has brought in police to investigate allegations surrounding the show. The BBC has not commented on the developments. BBC News has approached the Met Police for comment.

The headline on the front page of the Daily Star reads: "Beware of the lager lout gulls".

Finally, the Daily Star issues a warning of the “lager lout gulls”, saying drunken and rowdy seagulls have been snatching pints in parks and “picking fights with binmen”. The paper says the birds become aggressive after downing discarded drinks by people in parks and on beaches. So, litterers beware of a visit from these “beer swilling winged psychos”.

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Melania Trump pens letter to Putin raising concerns about children

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avrotusa
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First Lady Melania Trump penned a letter to Russian President Vladimir Putin in which she raised concerns about the children abducted throughout Russia’s invasion of Ukraine. 

“Every child shares the same quiet dreams in their heart, whether born randomly into a nation’s rustic countryside or a magnificent city-center. They dream of love, possibility, and safety from danger,” Melania Trump wrote in a letter, dated Aug. 15, to the Russian leader. 

“As parents, it is our duty to nurture the next generation’s hope. As leaders, the responsibility to sustain our children extends beyond the comfort of a few,” the first lady said in the one-page letter. “Undeniably, we must strive to paint a dignity-filled world for all – so that every soul may wake to peace, and so that the future itself is perfectly guarded.” 

President Trump delivered the letter to Putin ahead of their high-stakes summit in Alaska, a White House official told The Hill’s sister network NewsNation on Saturday. Melania Trump was not at Joint Base Elmendorf-Richardson near Anchorage, where the nearly three-hour-long huddle between U.S. and Russian officials took place. 

Since the start of the war in late February 2022, Russia has abducted thousands of Ukrainian children, forcibly transferring them to Russia, attempting to assign them Russian citizenship and have them attend schools in Russia. 

The United Nations hammered Russia in March for the suffering the children in Ukraine have endured because of the war, which has been ongoing for about three-and-a-half years. Russia has previously argued that it has been shielding kids from the conflict areas. 

“A simple yet profound concept, Mr. Putin, as I am sure you agree, is that each generation’s descendants begin their lives with a purity – an innocence which stands above geography, government, and ideology,” the first lady wrote in the letter. 

“Yet in today’s world, some children are forced to carry a quiet laughter, untouched by the darkness around them – a silent defiance against the forces that can potentially claim their future,” Melania Trump said. “Mr. Putin, you can singlehandedly restore their melodic laughter.” 

More than 19,000 children were deported from Ukraine to Russia, adding that the actual number could be far higher, according to a Ukrainian government tracker.

The first lady said that in “protecting the innocence of these children, you will do more than serve Russia alone-you serve humanity itself. Such a bold idea transcends all human division, and you, Mr. Putin, are fit to implement this vision with a stroke of the pen today.” 

“It is time,” she added. 

Ukrainian President Volodymyr Zelensky told reporters on Tuesday, ahead of the Trump-Putin summit, that Moscow has been stonewalling talks on the return of Ukrainian children. 

Ukraine’s leader said that while occasional transfers have taken place, with the assistance of other nations, Kyiv has not been able to strike a wide-ranging agreement with Russia on the matter. 

“That is why we wanted to get certain matters settled in this trilateral track: ceasefire, an all-for-all exchange, and the return of children,” Zelensky said. “This is something everyone benefits from: President Trump benefits, the Russians lose nothing, the Ukrainians lose nothing. It’s a fair compromise.”

4 Wealth-Building Mistakes Retirees Keep Making

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avrotusa
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Once you hit retirement, it can be tempting to sit back and enjoy the benefits of your years of hard work. For some, this can seem like a good time to turn the focus away from building more wealth.

Read Next: Suze Orman’s Top Tip for Building Wealth Is a ‘Very Easy One’

For You: How Much Money Is Needed To Be Considered Middle Class in Your State?

On the contrary, actions like stopping investing all together can seriously hurt your financial future. GOBankingRates talked to financial experts to learn about four of the worst mistakes they see retirees make that inhibit the ability to build additional wealth.

Chris Heerlein, CEO of REAP Financial, said one of the most common mistakes he sees is retirees going too conservative too quickly.

“It’s natural to want stability, but many people forget that retirement can last 25 to 30 years or longer,” he said. “Shifting entirely into fixed income or cash equivalents may feel safe, but over time it can shrink your purchasing power and limit your ability to respond to inflation, healthcare costs or changes in lifestyle.

Heerlein added that he always reminds clients that retirement isn’t the finish line for investing; it’s a new phase where smart growth still matters.

Consider This: 4 Secrets of the Truly Wealthy, According To Dave Ramsey

“Another issue is focusing too much on income today and not enough on opportunity tomorrow,” Heerlein noted. “Retirees often want predictable distributions, but they overlook how reinvesting a portion of their returns or keeping exposure to long-term trends can unlock greater financial flexibility.”

Heerlein noted that some of his most successful retiree clients maintain a 20% to 30% allocation in assets tied to innovation or equity-based growth, giving them the ability to adjust, gift or reinvest later without draining principal. The goal isn’t to chase risk, he noted, but to stay in the game with the right mix.

According to Christopher Stroup, founder and president of Silicon Beach Financial, another big mistake retirees make that stops them from building more wealth is sitting on too much cash.

“Retirees often keep large sums in savings accounts ‘just in case,’ while inflation quietly erodes that value,” Stroup said. “A smarter approach balances liquidity with growth through diversified investments.”

Stroup said another mistake retirees make is underestimating taxes in retirement. He said too many retirees ignore how required minimum distributions, Social Security and investment income interact.

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