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Trump allows 300,000 metric tons of tariff-free beef imports in bid to cut prices, drawing rancher backlash Fox BusinessTrump defends pause on beef tariffs amid criticism from US cattle producers CNNNCBA Statement on President Trump's Truth Social Post National Cattlemen's Beef Association
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The surprising move this week by Treasury Secretary Scott Bessent to intervene in Treasury markets to lower the cost of government debt undercuts the credibility of Federal Reserve Chairman Kevin Warsh to make interest-rate policy, experts said.
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Trump Widens Beef Imports in Bid to Lower Prices The New York TimesTrump to allow import of 300,000 metric tons of ground beef without tariff CNBCOpinion | Trump hits pause on a free-trade beef The Washington PostNCBA Statement on President Trump's Truth Social Post National Cattlemen's Beef Association
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Recap: Defense in Lindsay Clancy trial rests, prosecutors call 1st rebuttal witness NBC BostonExpert witnesses give dueling assessments of whether Lindsay Clancy was in psychosis the day she killed her children The Boston GlobeLindsay Clancy told children "go to God" during murders, prosecution psychiatrist says at trial CBS NewsLindsay Clancy murder trial day 17: What she told hospital chaplain The Patriot Ledger
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Apple is laying off staffers working on the Vision Pro and Siri The VergeApple Cuts Jobs in Siri, Vision Pro Immersive Video and Gaming Teams Bloomberg.comLayoffs in Apple's Vision Products Group prove slow progress in spatial computing AppleInsiderApple Reportedly Lays Off Vision Pro Staff As Smart Glasses Take Priority - Ternus CEO Transition Nears Yahoo FinanceApple cuts dozens of employees from Vision Pro team, report sa
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The supermarket chain reported comparable U.S. sales growth of 2.6% in its second-quarter earnings, its lowest in over six years.
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Student loan debt is not just holding back young adults. It's increasingly an issue for older people, sending many of them into default and threatening retirement plans for some. In fact, people aged 60 and older are the fastest growing age segment of the student loan market, according to the Consumer Financial Protection Bureau.
And, according to the Federal Reserve Bank of New York, almost 23% of student debt was held by people aged 50 and older as of 2021.
An analysis from the CFPB found that 39% of consumers aged 60 and older who have student loan debt failed to take care of health care needs such as prescription medicines, doctors' visits, and dental care because they couldn't afford it, compared to 25% of older consumers without a student loan. And according to the Biden administration, a third of seniors with student debt was in default.
"This is a really big issue," says Erik Kroll, a certified financial planner whose company is called Student Loans Over 50, a subsidiary of Hilltop Financial Advisors, "This delays and destroys retirement dreams and adds a lot of stress and anxiety for someone. People in this age group with high balances, when I talk to them, are almost always embarrassed by the amount of loans they have, and it sometimes comes with a sense of hopelessness."
Paul S. Garrard, founder and president of PGPresents agreed: "I would say (it's) a significant challenge." He said it's a combination of old
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