Go to Knowledge: Student Loan Payoff Preparation, Costco Shakeups, and Top Financial News for August 2nd

GO in the Know

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It’s National Ice Cream Sandwich Day, but before you indulge your sweet tooth, make sure you catch up on today’s biggest financial stories.

The big plus: Federal student loan payments will resume soon

Federal student loan borrowers have about a month to prepare for the resumption of payments after a more than two-year payment hiatus that began in the early days of the COVID-19 pandemic.

Learn how to prepare

Featured Business: Costco

As with many companies, Costco is making changes due to inflation. Although CEO Craig Jelinek announced in July that Costco would keep its flagship $1.50 hot dog and soda deal, it is taking other cost-cutting measures.

Bonus Offer: Open a new Citi Priority account by 9/1/23 and earn up to $2,000 in bonus cash after completing the required activities.

Read the full story here

This is interesting: Gas prices have been down for the past 7 weeks

There has been steady relief at the pump of late, with gas prices continuing to fall for a seventh week in a row.

Read the full story here

Bonus: Did your crypto exchange go bankrupt? The best money moves to win below

This crypto winter has been particularly harsh following the recent collapse of several crypto platforms that have left investors frustrated about how to recover their assets.

Read the full story here

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About the Author: Chaz Cutler

My name is Chasity. I love to follow the stock market and financial news!