Why it matters: Biden called the debt relief a "game changer" with the plan canceling up to $20,000 in student debt for Pell Grant recipients and up to $10,000 for individual borrowers who make under $125,000 per year.
Hayao Miyazaki and Studio Ghibli fans will be able to step inside the worlds of "Spirited Away" and "My Neighbor Totoro" next month when Ghibli Park opens in Japan.
The amplification of the do-it-yourself economy is giving consumers more options to sidestep health professionals.
Why it matters: The DIY health movement can deliver savings and less red tape for patients, but it also raises the risk of missing out on in-person services from physicians and qualified medical professionals.
Bitcoin as a safe haven against inflation, once accepted wisdom for crypto proponents, is proving questionable.
Why it matters: In the face of persistently high consumer price index prints, the world's largest and oldest digital asset has crumpled, eroding investor confidence that it can act as a safe haven during times of market turmoil.
Hearing aids are now available without a prescription online and at stores across the country.
Why it matters: It's a move the White House said Monday could benefit nearly 30 million Americans and could lower average prices by as much as $3,000 per pair, according to FDA estimates.
Activist investor Irenic Capital has acquired a roughly $150 million stake in News Corp, aiming to push the company to separate the digital media business from its digital real estate assets, two sources tell Axios.
Why it matters: Inrenic could complicate Rupert Murdoch's plan to recombine Fox Corp. and News Corp
Venture capitalists Blake Masters and J.D. Vance are Republicans running for the U.S. Senate, but many voters in Arizona and Ohio may be unaware of their business backgrounds.
Why it matters: This is a departure from conventional campaign strategies for political novices who have spent most of their careers in the private sector. If successful, it could represent a new normal.
Jeremy Hunt, the U.K.'s new chancellor of the Exchequer, said Monday he was reversing "almost all" of a controversial economic plan as he attempts to calm markets and stabilize Prime Minister Liz Truss' government.
Why it matters: The plan — which would've cut around $48 billion worth of taxes if implemented in full — shook the British economy and, at one point, sent the pound to a record low against the dollar.
Members of the popular Korean pop boy band BTS will be taking a break from their music careers to fulfill their mandatory military service, the group's management company announced Monday, AP reported.
Driving the news: South Korea requires all men between the ages of 18 and 28 to serve about two years in the military, per the BBC.
Xi Jinping's third term ruling China won't be based on generating the kind of economic growth that defined the world economy in recent decades.
Why it matters: China drives economic decision-making worldwide, from the investments made by Australian iron miners and German automakers to the planting patterns of Argentine and Iowan soybean farmers — to the borrowing decisions of the U.S. government, for which China is a massive creditor.
Ye, formerly known as Kanye West, plans to acquire Parler, a Twitter-like social media app that has become a haven for conservatives.
Why it matters: In a statement, Ye said he's buying the platform to ensure people with conservative opinions "have the right to freely express ourselves" online.
The killer app for hurricane prediction? It could be lightweight drones that explore some of the fiercest parts of a hurricane and send back real-time data — or new satellite tech that gives forecasters a better look at storms from above.
Why it matters: Seesawing forecasts and delayed evacuations for Hurricane Ian may have contributed to deaths in Florida — and have spurred soul-searching about how to do better.
Online content aggregator Flipboard last week laid off 24 staffers, or 21% of its workforce, Axios has confirmed.
Why it matters: The cuts are one more sign that a slowdown in the online advertising market, fed by broader economic headwinds, is hurting a range of tech firms large and small.
Uber Eats customers in Toronto will be able to order cannabis starting Monday, thanks to a new partnership with Leafly.
Why it matters: It's the first time that marijuana delivery will be available through a major third party delivery platform, such as Uber, according to Leafly.
