7h ago
Social Security gender gap leaves women receiving about $4,800 less a year in retirement benefits
Women are more likely than men to rely on Social Security for retirement income, but they receive about $4,800 less per year on average, according to research from the AARP Public Policy Institute. The report points to lower earnings and more time spent out of the workforce for caregiving as key drivers of the gap. Financial advisors say the disparity makes the timing and coordination of benefit-claiming decisions especially consequential for women.
7h ago
11h ago
Education Department broadens professional-degree list for $50,000-a-year federal loan cap starting July 1
More graduate students will face higher federal student loan caps than previously anticipated following a court ruling last week. Beginning July 1 under President Donald Trump’s “one big beautiful bill act,” new graduate students would be capped at $20,500 a year, while “professional” students can borrow up to $50,000. On Monday, the Education Department released an updated list of over 20 professional degrees eligible for the higher limit during the court’s stay. The list includes registered nursing, physician associates and speech-language pathology.
11h ago
1d ago
Trump Accounts debut July 4, but experts say they may only indirectly narrow women’s retirement savings gap
Trump Accounts, slated to launch July 4, are designed to help children start investing early, but experts say they are unlikely to directly close the retirement savings gap women face. Women typically have lower retirement account balances than men, a difference tied to lower average pay and more time spent out of the workforce for caregiving. One economist said the accounts could still offer an indirect benefit if children’s own assets reduce the pressure on mothers to dip into their retirement savings during family emergencies.
1d ago
2d ago
U.S. whey protein demand surges as dairy capacity struggles to keep pace
Demand for whey protein has surged as U.S. diet trends shift toward higher protein intake and use of GLP-1 weight-loss drugs expands. The dairy industry is struggling to produce enough, with inventories falling and some suppliers sold out for the latter half of the year, according to the USDA. Limited processing capacity and long timelines to add specialized infrastructure are keeping supply tight as prices climb.
2d ago