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Millions of student-loan accounts are being transferred to the Treasury. There’s a new push to slam the brakes.

The federal student-loan portfolio could soon be overseen by a new agency. Not so fast, Democratic lawmakers say. Loading audio narration… On April 1, a group of five Democratic senators, including Sens. Elizabeth Warren and Bernie Sanders, asked the Treasury and Education Departments for more information on the planned transfer of student-loan borrowers’ accounts.It comes on the heels of a March 19 announcement that the Department of Education would begin moving the $1.7 trillion federal…

Finance news

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Starbucks is making big changes to how staff get paid. Read the memo.

Starbucks employees will soon see changes to how — and how often — they’re paid. Loading audio narration… The coffee giant is shifting all workers across its corporate offices and in-store staff to weekly pay and introducing a new performance-based bonus structure for baristas at its top stores, according to…

Business

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McDonald’s reveals full McValue menu for major value-driven comeback

McDonald’s isn’t playing chicken with the competition anymore. On Thursday, the fast-food giant announced the full lineup of its revamped McValue menu, signaling a strategic retreat from record-high prices that have alienated its core middle-class customer base.Starting April 21, the world’s biggest burger chain is launching a standardized, nationwide McValue…

Markets

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Investing

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