Michael Nunez, deputy tech editor at Mashable.com, discusses recent reports that Amazon will layoff hundreds of employees from its consumer retail business. Nunez says these layoffs shouldn't worry investors, adding that overall headcount is still increasing. He talks about Amazon's move into this next chapter as they focus on artificial intelligence, the Whole Foods acquisition, and Amazon Web Services.

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Biden Proposes Canceling Student Loan Interest to Tackle Debt Crisis
The Biden administration has unveiled a plan, Plan B, to address the student loan debt crisis. It offers to cancel up to $20,000 in interest for borrowers enrolled in income-driven repayment plans. This proposal aims to reset balances for those facing growing debt due to unpaid interest, benefiting low—and middle-income borrowers. An estimated 25 million borrowers are eligible for some form of interest forgiveness.
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