Sen. Murray urges Biden to extend student loan payment pause until 2023

The Washington senator wants to postpone the restart of federal student loan repayment until 2023 to address issues with the “broken” borrowing system.

Amazon closes $8.45B MGM studio acquisition

Amazon has closed its $8.45 billion acquisition of MGM Studios as it looks to boost its streaming service in competition with Netflix and Disney. 

'Competitive' spring homebuying season is starting early this year, industry analyst says

Despite higher prices, a recent decrease in mortgage rates and stabilizing inventory levels may be advantageous for homebuyers in the coming months, one economist recently said.

Philadelphia restaurant owner reflects on COVID-19 shutdown 2 years later

Small businesses that managed to weather the storm of shutdowns imposed by Philadelphia when COVID-19 first gripped the city two years ago are still in recovery mode despite things being close to pre-pandemic normal. 

Netflix to launch test that requires subscribers to pay for users outside household

Netflix says it is testing a new feature for its members in Chile, Costa Rica and Peru, requiring users to add “sub accounts” for up to two people they don’t live with — and it will come at a cost.

Cadillac’s 1st all-electric Lyriq SUV to begin production in March, GM says

General Motors will begin production of the all-electric 2023 Cadillac Lyriq midsize SUV, the brand’s first electric vehicle, in March as planned and the company hopes to start making deliveries over the next few months.

Starbucks CEO Kevin Johnson to retire; founder Howard Schultz to be interim chief

Starbucks President and CEO Kevin Johnson said Wednesday he will retire next month, and former CEO and company founder Howard Schultz will replace him on an interim basis. 

Housing affordability tightens as majority of US sees double-digit home price growth in Q4 2021: NAR

Though home prices appreciation is slowing, growth remains strong as many metropolitan areas across America saw double-digit increases in the fourth quarter of 2021, according to the NAR.