Biden’s student loan forgiveness plan — here’s everything you need to know

President Joe Biden announced Wednesday that his administration is forgiving at least $10,000 per federal student loan borrower who makes less than $125,000 a year. Here's what that means for you.

Peloton shares jump 20% after agreeing to sell bikes on Amazon

The news of Peloton’s deal with Amazon sent shares soaring 20%, which was the biggest one-day jump in more than six months.

States with the most generous tippers despite inflation

Full-service restaurants saw an average tip of 19.7% during the second quarter, according to the data. Here are the states that ranked most generous and least generous.

Bed Bath & Beyond woes continue after influential investor exits

Bed Bath & Beyond reported a 25% drop-off in sales in its most recent quarter, which followed a 22% sales decline the previous quarter.

Walmart to expand abortion coverage for employees

Walmart, the nation’s largest employer, is expanding its abortion coverage for employees after staying largely mum on the issue following the Supreme Court ruling that scrapped a nationwide right to abortion.

Fed minutes reveal interest rates could remain ‘restrictive’ for some time

The latest Federal Reserve meeting minutes showed that the Fed governors believe interest rates should remain "restrictive" in the coming months.

Mortgage rates drop as inflation improves

Rates for the 30-year mortgage dropped slightly this week but remained above the 5% mark and are likely to stabilize as inflation improves, according to new data from Freddie Mac.

Disneyland Magic Key pass renewals begin Aug. 18

Disney announced you will be able to renew your expiring Magic Key passes beginning Aug. 18.