4/28: The Takeout: Ali Zaidi

Millions of student loan borrowers enrolled in the Biden-era SAVE repayment plan will see interest charges resume on August 1, potentially increasing monthly costs by $300, as the Department of Education emphasizes fiscal responsibility. Borrowers can opt for forbearance to avoid payments but risk growing loan balances, while evaluating repayment plans, including a new Repayment Assistance Plan set for 2026. Want More Context? 🔎

Your French or Italian wine may soon cost more due to a 15% U.S. tariff on EU imports effective August 1, affecting prices for whisky and spirits as well. Trade groups are lobbying for exemptions, predicting significant losses for both U.S. and European producers, while economic experts warn higher tariffs could lead to reduced consumer demand and limited choices. Want More Context? 🔎

Southeastern states are experiencing high temperatures in the 80s and 90s, with over 58 million people under heat advisories. Meanwhile, the Northeast and Mid-Atlantic face heavy rainfall, with potential flooding, while air quality alerts persist in parts of the Midwest due to Canadian wildfire smoke, affecting visibility and health. Want More Context? 🔎

A powerful 8.8 magnitude earthquake struck off Russia's Pacific coast, prompting tsunami warnings and evacuations in Hawaii and along the U.S. West Coast. While initial waves caused concern, Hawaii's governor reported no significant impact, and tsunami advisories for the U.S. have since been lifted, with minimal wave activity recorded. Want More Context? 🔎

The Emmy Award-winning "CBS News Sunday Morning" airs Sundays at 9:00 a.m. ET, featuring host Jane Pauley addressing retirement security in its annual "Money Issue." Highlights include discussions on Social Security threats, the allure of bucket lists, the FIRE movement for early retirees, Americans retiring overseas, the origins of the 401(k), and social media "grandfluencers." Want More Context? 🔎

A US dentist, James Craig, was sentenced to life in prison without parole for the murder of his wife, Angela, after a jury found him guilty of poisoning her with cyanide and arsenic in March 2023. Despite his defense claiming she died by suicide due to his infidelities, evidence revealed Craig's premeditated actions, including his attempts to solicit murder against an investigator. Want More Context? 🔎