GO in the know: Student loan payment preparation, Costco shakeups and major financial news for August 2

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It’s National Ice Cream Sandwich Day, but before you satisfy your sweet tooth, make sure you’re all up to speed on today’s top financial stories.

The big track: Federal student loan payments set to resume soon

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

Learn to prepare

Company Spotlight: Costco

As with many businesses, 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 offering, he is taking other cost-cutting measures.

Bonus offer: Open a new Citi Priority Account by 01/09/23 and earn up to $2,000 in bonus cash after completing the required activities.

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This is interesting: gasoline prices have fallen over the past 7 weeks

There has been steady relief at the pumps lately, with gasoline prices continuing to fall for the seventh week in a row.

Read the full story here

Bonus: your crypto exchange went bankrupt? The best money moves to make next

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

Read the full story here

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