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.

Peloton turns to Amazon to sell bikes in effort to reverse slump

The collaboration is Peloton's first with another retailer. Before, its products were sold only through its website, physical showrooms and other channels.

Gas prices drop below $4 again, AAA says

Gas prices slid back below $4 per gallon last week as demand continues to fall, according to AAA.

Ford will cut 3,000 white-collar jobs to lower costs

Ford Motor Co. is cutting about 3,000 white-collar jobs as it attempts to lower costs and make the transition from internal combustion to electric vehicles.

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.

Georgia college student's shoe business takes off

Georgia Highlands College student Rontavious ‘Tay’ Coley launched his own shoe shop, The Early Way on Broad, in Rome. He's always loved sneakers, and friends and classmates inspired him to start his own business.