Biden's student loan forgiveness aside, Fresh Start gives borrowers in default a clean slate

Despite the uncertainty over where the U.S. Supreme Court will land on the student loan forgiveness plan, $34 billion of defaulted loans have already been marked as current under the Biden administration's Fresh Start program.

Tesla says it will cut the cost of next generation vehicles in half

Tesla says it will cut the cost of its next generation of vehicles in half, largely by using innovative manufacturing techniques and smaller factories.

Smittys E-Bikes: How a father-son duo grew their Arizona company
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You know the saying, "Necessity is the mother of invention?" Well, a father and son duo in Peoria started an E-Bike rental business, and a year later, sales are coasting. FOX 10's Anita Roman has the story of Smittys E-Bikes.

U.S. Postal Service buys 9,250 electric vans, 14,000 charge stations

US Postal Service will purchase charging stations from Blink Charging Co., Siemens Industry Inc., and Rexel USA Energy Solutions in contracts totaling $260 million.

Auto and home insurance shopping increases after 2022 drop

Auto and home insurance shopping increased in the fourth quarter of 2022 after seeing declines throughout the year, a TransUnion report found.

How to make the family business last for generations

The statistics on family-owned business look like this: 30 percent survive to go to the second generation. Only 12 percent make it to the next generation. By the time the fourth generation comes along, that number plummets to four percent.

Student loan forgiveness: Supreme Court hears cases on Biden’s debt relief plan

The Supreme Court will hear two cases against President Biden’s student loan forgiveness plan on Tuesday. Here's what you need to know about the lawsuits.

Target's tepid outlook after 3rd quarterly profit dip

Target plans to invest as much as $5 billion this year expanding services for customers, including a drive up service for returns, renovations at 175 stores and improvements in online shopping.

Elizabeth Holmes gives birth to second child

The convicted Theranos fraudster is asking a judge to let her remain out of prison pending appeal.

Red Lobster launches line of frozen seafood products

The restaurant chain’s first-ever line of frozen entrees includes Cheddar Bay Biscuit Shrimp and Coconut Shrimp Bites.

Phoenix offers $3K incentive for lifeguards ahead of 2023 summer season

Last year, the city of Phoenix couldn't open all of its pools because of a lifeguard shortage. They're hoping to avoid that this year with a $3,000 incentive.

Netflix lowering prices in 30 countries

The price cuts will be in countries in the Middle East, sub-Saharan Africa, Europe, Latin America and Asia.

Target aiming to boost next-day delivery with $100M investment

Target plans to open more than six new "sortation" centers. These centers are facilities where online orders packed by workers in-store are shipped for sorting and delivery.

Companies can’t silence laid-off employees in exchange for severance, Labor Board rules

The National Labor Relations Board issued the ruling this week, which said employees cannot be prevented from making disparaging remarks about their former employer in exchange for severance.