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    News You Should Know: Medicare Begins Drug Price Negotiations

    News You Should Know

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    Photo credit: Oleg Elkov/Getty Images

    February 7, 2024

    Medicare Drug Price Negotiations Kick Off with Price Offers on These 10 Drugs | USA Today

    The federal government’s long-awaited drug price negotiations are now underway. The government isn’t releasing its initial offers, but it has released the initial list of drugs in question. The final negotiated prices will take effect in 2026.

    Fed Chair Jerome Powell Shares Why Fed Hasn’t Yet Cut Interest Rates | CBS News

    Many experts expect the Federal Reserve to begin cutting interest rates this year, but Chair Jerome Powell say the Fed isn’t ready to do so just yet. While prices aren’t rising as quickly as they had been, Powell says he wants to see more evidence that inflation is down and staying down.

    Alaska Senate Advances Public-Sector Pension Plan to Address Recruitment and Retention Crisis | Anchorage Daily News

    Alaska closed its public employee pension plan in 2006, and since then the state has struggled to attract and retain workers in important roles like teachers, firefighters, and police officers. A bill that would create a new pension plan is now making its way through the state legislature. It has passed the Senate and how heads to the House for further deliberation.

    Loud Budgeting is In, Quiet Luxury is Out. Meet the TikToker Who Started the Financial Trend | CNN Business

    You may have heard the term “quiet luxury,” but younger generations are starting to embrace its opposite—loud budgeting. It started out with a joke on TikTok, but creating a budget and being vocal about it with your friends is the new trend among those looking to get their finances in order.


    News You Should Know is a digest of news from publications around the nation about finance, investing, and retirement.

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