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Economy

Older People in Crosshairs as Government Restarts Social Security Garnishment on Student Loans

NEW YORK — Christine Farro has cut back on the presents she sends her grandchildren on their birthdays, and she’s put off taking two cats an...
Older Americans are bracing for renewed financial strain as the federal government resumes collections on defaulted student loans, with many facing Social Security garnishment for decades-old debts they may never be able to repay. (Shutterstock)

Older People in Crosshairs as Government Restarts Social Security Garnishment on Student Loans

NEW YORK — Christine Farro has cut back on the presents she sends her grandchildren on their birthdays, and she’s put off taking two cats an...
Economy

/ 3 hours ago

Shopping carts are lined up inside a Walmart store in Hamilton, Ontario, Canada, January 28, 2025. REUTERS/Carlos Osorio/File photo

Walmart Warns of Higher Prices as Trump Tariffs Start to Bite

(Reuters) – Walmart, the world’s largest retailer, will have to start raising prices later this month due to the high cost of ta...
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To Fix $50M Budget Hole, Fresno Will Hold Off Hiring and Make Spending Cuts

Fresno Mayor Jerry Dyer unveiled his $2.36 billion budget on Wednesday to the media, revealing how he plans to balance a $50 million deficit...
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Bad News for California. State Budget Is $12 Billion in the Red

SACRAMENTO — California is staring down an $12 billion budget deficit, Gov. Gavin Newsom said Wednesday. The shortfall is also due to a swe...
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Newsom 2024 Budget

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This story was originally published by CalMatters. Sign up for their newsletters. Facing a long horizon of budget deficits, California offic...
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A model truck at Slate Auto’s design center in Troy, Mich., on April 30, 2025. The company is backed by venture capital firms and Jeff Bezos, the Amazon founder. (Emily Elconin/The New York Times)

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Shoppers outside a Costco in Manhattan on Tuesday, April 8, 2025. Inflation held steady in April in what economists warn could be a final lull before a likely surge in consumer prices because of President Donald Trump’s tariffs. (Graham Dickie/The New York Times)

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U.S. inflation held steady in April in what economists warn could be a final lull before a likely surge in consumer prices because of Presid...
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Young People Drive Fresno to CA’s Top Job Growth: Wells Fargo Study

California suffered the biggest job losses in the U.S. for the first part of the year, a new study from Wells Fargo shows. High interest rat...
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Ben Cohen, left, and Jerry Greenfield, co-founders of Ben & Jerrys, speak during a protest in Washington on Thursday, May 20, 2021. Ben Cohen, a co-founder of the ice cream brand, was among a group that interrupted a Senate hearing on Wednesday, protesting Congress’s funding of Israel’s military. (Stefani Reynolds/The New York Times)
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