The Biden administration announced its latest round of student debt relief Wednesday. More than $6 billion will be canceled for 317,000 borrowers who enrolled at any Art Institutes campus between 2004 and 2017. CBS News reporter Haley Ott has more.
The Federal Reserve announced Wednesday it is keeping interest rates steady. The move comes as the central bank continues to deal with inflation. Jeanna Smialek, Federal Reserve and economy reporter for The New York Times, joins CBS News to discuss.
UnitedHealth CEO Andrew Witty issued an apology while testifying before a House committee Wednesday about the cyberattack against subsidiary Change Healthcare that paralyzed insurance payments to hospitals, pharmacies and medical practices nationwide. Nicole Sganga has details.
Inflation's impact has been felt in nearly every facet of U.S. consumer spending, including summer activities, with many parents saying they are unable to afford the spiking costs of summer camps. Nancy Chen has some tips on what parents can do to offset those higher costs.
Thousands of Floridians lost access to abortion care Wednesday as the state's ban took effect after months of failed legal challenges to block it. CBS News political correspondent Caitlin Huey-Burns has the details.
