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...jump $0.30 - or 12% - per meal in the coming year, SNA estimates, or about $1.5 billion nationwide. Most schools already lose money on free or reduced-price lunch and breakfast programs; nearly 18 million students qualify for these meals, which are subsidized by the federal government, but at a rate far below the actual cost of providing the food. To make ends meet, nearly 70% of schools told SNA that they would have to dip into "rainy day" funds, financial reserves that usually go to capital improvements. Some 62% said they are also considering cutting staff...
...over 18 and a resident of the Bronx, the city of New York wants you to get tested for HIV - sooner rather than later. The borough's death rate from AIDS is nearly 10 times the national average, which health officials attribute to the fact that about 25% of its residents only learn they are infected after the disease has progressed to full-blown AIDS. In an ambitious plan announced at the end of June, the New York City Department of Health hopes to make HIV testing a basic part of routine medical care -as standard as mammograms, cholesterol screenings...
...Hold Steady Stay Positive; out July 15 These rock jams about aging hipsters from a band of aging hipsters are cut-rate Springsteen, right down to Craig Finn's croaky vocals and keyboard-riff rapture. But suckers for the veneration of things white people like (water towers, daddy issues, Joe Strummer) and fear (aging, townies, not being cool) will undoubtedly be charmed...
...main such effort has been a voluntary deal announced last December by Treasury Secretary Hank Paulson in which mortgage lenders agreed to freeze interest rates for certain subprime borrowers. But thanks to the Fed, high rates on adjustable-rate loans are no longer the big problem. The big problem is that 9 million U.S. homeowners owe more than their houses are worth; they're upside down, in the parlance, meaning that if foreclosures are to be slowed, the mortgages themselves must shrink...
...home loans were modified in the first five months of this year. The Dodd-Frank plan aims to increase that number with help from the FHA. The agency would insure existing loans in which a) the lender forgives at least 10% of the debt and switches to a fixed rate and b) the borrower agrees to split any sale gains with...