Money magazine, which debuted in 1972, publishes its final print edition with the June/July issue, notes Grumpy Editor.
That is sad news to many readers, especially those who renewed subscriptions in recent days.
Money, with almost 2 million circulation, lures readers with articles covering personal finance topics, including investing, saving, retirement, home improvement, taxes and family finance. It also attracts attention with its annual list of "America's Best Places to Live."
However, a digital version will be available.
Money outlasted competitor Smart Money, launched in 1992 by Hearst and Dow Jones, which printed its last edition in September 2012.
Meredith Corp. welcomed Money in a $2.8 billion acquisition of Time Inc. in January 2018. Then it put Money on the block a few months later along with Time, Fortune and Sports Illustrated.
Des Moines-based Meredith has been trying to sell Money, putting a $10 million price tag on the magazine.
IN CASE YOUR FAVORITE NEWS OUTLETS MISSED THESE...
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UNEMPLOYMENT BENEFITS FILINGS DROP. The number of Americans filing for initial unemployment benefits falls to a 50-year low in the week ended April 13 while the unemployment rate last month reaches a low 3.8%.
NO END IN SIGHT FOR AFGHANISTAN WAR. Deaths of three U.S. Marines in Afghanistan reminds Americans that after almost 18 years of fighting there, no end is in sight.
TRUMP PLANS JAPAN VISIT NEXT MONTH. President Donald Trump and his wife, Melania, plan a state visit to Japan May 25 to 28 to visit the newly enthroned emperor.
GROCERY STRIKE AFFECTS NANTUCKET. Two Stop & Shop grocery stores on Nantucket, 30 miles off the Massachusetts coast, are involved in a company-wide strike, making food shopping difficult for the island’s 11,000 year-round residents.
TWO CLASSIC SITCOMS RETURN FOR ONE NIGHT. In a live, one night only event, a 90-minute ABC-TV special on May 22 brings back two updated classic sitcoms: All in the Family and The Jeffersons.
CROWLEY JOINS TREASURY DEPARTMENT. Treasury Secretary Steven Mnuchin plans to hire Monica Crowley, a regular Fox News guest, as assistant secretary for public affairs.
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