If you’re looking to schedule your next summer trip, flexibility is a key way to help your budget, experts say. While some expenses are up, there are a number of ways to save on your vacation.
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Updates
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The Treasury Department said it plans to stop manufacturing the penny. The federal agency placed its final order for penny blanks this month, with the United States Mint slated to end manufacturing of the penny when that runs out. Ending production of the penny will save the Mint about $56 million in annual savings, the Treasury said. https://lnkd.in/e3VPUegg
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A significant number of summer essentials come from China and because of tariffs, some major retailers have warned of higher prices. While gas and airfare prices are starting to fall, traveling this summer will still be 12% more expensive than before the pandemic. CBS News' Nancy Chen shows how to save and enjoy the summer season.
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Kermit the Frog gave a commencement speech at the University of Maryland on Thursday, telling graduates the importance of helping each other and staying connected to your dreams. "Rather than jumping over someone to get what you want, consider reaching out your hand and taking the leap side by side because life is better when we leap together."
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CBS News business analyst Jill Schlesinger explains why the job market is so tough right now for college grads and advises recent graduates to stay flexible, practice in-person interviews and focus on getting their foot in the door. #jobmarket #graduate #college
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One of the provisions of the budget bill passed by the House creates savings accounts for newborns, branded as "Trump Accounts," that would have a one-time deposit of $1,000 from the federal government. CBS News contributor Javier E. David has the details.
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Dr. Celine Grounder explains why the government is closing a loophole that allowed compounding pharmacies to make unregulated versions of GLP-1 drugs like Ozempic, which posed serious health risks due to contamination and inconsistent ingredients. https://lnkd.in/ghNAHwuu
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Fiverr CEO Micha Kaufman recently warned his employees about the impact of artificial intelligence on their jobs in a memo that went viral. He explained what he meant behind it. https://lnkd.in/eepMqTyV
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Some of the more than 72 million Americans who rely on Social Security could soon see big changes. CBS News business analyst Jill Schlesinger explains who may see benefit increases, what’s happening with overpayments and how garnishments for student loans and unpaid taxes could impact future checks.
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Shop class is booming at Middleton High School in #Wisconsin, where more than 75% of students take tech-ed courses like woodworking and robotics. With interest in trade schools nearly doubling nationwide since 2017 – and some jobs paying six figures – more students are skipping college debt and heading straight into the workforce.