Retirement insights from a Colorado PERA perspective

News You Should Know

News You Should Know: Medicare Begins Drug Price Negotiations

A pill bottle with various types of pills spilling out of it sits atop a pile of $100 bills.
Photo credit: Oleg Elkov/Getty Images

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.

Comments

  1. Daryl Braden says:

    Please tell me why CU &CSU are discriminating against classified personnel. If you want a promotion you can only become a AP. You can no longer be state classified. If you change jobs you are AP. Explain why this is not decimation against classified personnel.

    • Daryl Braden says:

      Explain why CU & CSU are discriminating against classified personnel. If you want a promotion or to transfer jobs you are AP and no longer classified.

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