Biden administration approves $42B in student loan forgiveness under updated PSLF program

The Department of Education has approved $42 billion in student loan forgiveness through recent changes to the PSLF program, designed to provide debt relief to borrowers in the non-profit, public service and governmental fields.

Mortgage rates dip on positive inflation data: Freddie Mac

The average rate for a 30-year fixed-rate mortgage dropped to 6.35% for the week ending May 11, according to Freddie Mac's Primary Mortgage Market Survey.

Gas prices decrease amid market uncertainty: AAA

Average gas prices dipped to $3.53 per gallon for the week ending May 11, 2023, AAA reported. The low cost of oil has kept gas prices on the decline despite a rise in gas demand, AAA said.

Southwest Airlines pilots vote in favor of strike

Airline workers can't legally strike unless mediators decide further negotiations are pointless. Even then, the president and Congress can block a strike.

Linda Yaccarino named new Twitter CEO

Musk said Twitter's new CEO “will focus primarily on business operations, while I focus on product design & new technology.”

McDonald's found liable for hot chicken nugget that burned child's leg

The jury heard two days of testimony and arguments about the 2019 episode that left the 4-year-old girl with a burned upper thigh.

Made in Central Florida: Rifle Paper Co.

Along the charming cobblestone street of West New England Avenue in Winter Park, you will find Rifle Paper Company. Celebrating nearly 15 years in business, Anna Bond will be the first to tell you, she and her husband, Nathan, started from humble beginnings.

Surge pricing popping up in new places, impacting consumers

Ben Lau and his wife had their eyes set on Universal Studios during their Orlando trip, but then they got a look at the price.

Elon Musk says Twitter has new CEO

Elon Musk said Thursday he has found a new CEO for Twitter, or X Corp. as it’s now called.

Inflation ticks up again in April, puts interest rate hikes back on the table

The Consumer Price Index (CPI), a measure of inflation, rose 4.9% year-over-year in April, a slowdown from the 5% increase in March, according to the Bureau of Labor Statistics (BLS).

Supreme Court rejects challenge to California pork law mandating more space for pigs

The Supreme Court on Thursday rejected a challenge to a California animal cruelty law that affects the pork industry, ruling that the case was properly dismissed by lower courts. Pork producers had said that the law could force industry-wide changes and raise the cost of bacon and other pork products nationwide.

Disney CEO Bob Iger addresses lawsuit against Florida Gov. Ron DeSantis: 'I want to set the record straight'

Bob Iger, who returned to the Walt Disney Company in November, has been working to shore up the entertainment giant's financial footing. He’s also had to contend with trying to protect Disney World’s theme park district from a takeover by Florida Governor Ron DeSantis.