A recent study shows that about 20% of new college graduates regret their choice of major, especially those in liberal arts fields. Nursing graduates have better job prospects and higher starting salaries compared to other majors.
Key Facts
The study surveyed 3,000 students from the 2025 graduating class and those graduating in spring.
Nearly half (46.3%) of political science, international relations, and public policy graduates regret their major.
Communication, media studies, and public relations majors also have high regret at 39.2%.
One-third of physical sciences majors (like physics and chemistry) express doubts about their choice.
Entry-level job openings have decreased from 43.4% to 38.6% in two years, making it harder for new grads to find work.
Public health and health administration grads earn about 44% less than they expected when starting a job.
Nursing graduates had the highest median starting salary at $70,000 and many found jobs before graduating.
Health care jobs made up 43% of new payroll growth in March, driven by demand from an aging population.
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The UK government has eased rules on airlines that cancel flights due to jet fuel shortages by allowing them to keep their airport slots. This change aims to help airlines manage fuel supply problems without losing valuable takeoff and landing rights, while passengers are advised to check flight details and know their refund rights.
Key Facts
Airlines in the UK can now avoid losing their airport slots if they cancel flights because of jet fuel shortages.
The rule change was requested by airlines facing rising fuel prices and supply concerns.
Airport Coordination Limited, which manages slots, can grant exemptions from the "use it or lose it" rule during fuel shortages.
The government says there is currently no jet fuel shortage affecting passenger travel in the UK.
Passengers are advised to check with airlines before traveling and keep travel insurance.
If flights are canceled, passengers have the right to refunds or alternative flights.
Airlines want fuel shortages to be considered "exceptional circumstances" to avoid paying extra compensation for late cancellations.
Some European airlines, such as Lufthansa, have already reduced flights due to fuel concerns, but UK airlines continue to promote normal schedules.
Jet2 announced it will not add extra fuel charges to summer bookings.
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Creditors do not have a set time to accept debt settlement offers, but they tend to be more open to negotiation as the debt becomes more overdue. Generally, settlements are less likely early on and become more common after the account is seriously past due or charged off, especially if the debt is sold to a collection agency.
Key Facts
Creditors usually focus on collecting the full amount owed within the first 30 to 90 days past due.
Between 90 and 180 days past due, creditors may start considering partial payments but may not offer large discounts.
After about 180 days, many creditors charge off the debt as a loss and may be more willing to accept a lower lump sum.
When debt is sold to third-party collectors, there is often more flexibility for settlement offers.
Creditors decide on settlements based on the chance of recovering money and the borrower’s financial situation.
Showing proof of financial hardship and the ability to pay a lump sum can improve chances of settlement acceptance.
There is no single timeline for creditors; each case depends on risk and repayment likelihood.
Early action and clear communication can influence settlement negotiations.
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Some young people, especially those in Generation Z and millennials, are paying close attention to money when dating. They sometimes use "financial future faking," which means pretending their money situation is better than it really is.
Key Facts
Generation Z and millennials are focusing more on finances in their dating lives.
"Financial future faking" means acting like one's financial future is better than it actually is.
This behavior reflects concerns about money and stability among younger people.
Money has become an important topic in relationships for these age groups.
The trend shows how financial issues affect personal decisions today.
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Axel Springer bought the Telegraph newspapers for £575 million without doing the usual thorough check of the company’s value. The Telegraph is shifting from print newspapers, which are making less money, to digital subscriptions, but the new owners face questions about whether they can make back their large investment.
Key Facts
Axel Springer skipped a detailed review (due diligence) before buying the Telegraph for £575 million.
The deal was completed quickly by Axel Springer’s CEO, Mathias Döpfner, who wanted the purchase badly.
The Telegraph was previously set for a £500 million sale to another buyer but Axel Springer paid more to secure the deal.
Print sales, subscriptions, and ads make up 61% of the Telegraph’s revenues but all are declining.
Digital subscriptions grew by 5% in 2024 and digital revenue increased 18%, but many subscribers pay low or no fees.
The Telegraph’s average income from print subscribers is much higher than from digital or magazine subscribers.
The company stopped reporting detailed subscriber data publicly at the end of 2023, making it harder to assess the business.
The Telegraph aims to increase digital subscribers by 19% in 2025 to more than 1 million digital users.
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Katie Teixeira started making pet memorial jewelry after her cat Milo died in 2021. What began as a side hobby grew into a full-time business called Fallen Whiskers, where she creates rings and necklaces containing pet whiskers and other keepsakes for grieving pet owners.
Key Facts
Teixeira adopted a tiny kitten named Milo in 2010 and formed a strong bond with her.
Milo died in 2021, which inspired Teixeira to design her own pet memorial jewelry.
In 2023, she made a ring with Milo’s whiskers embedded in silver resin.
After posting her creations on social media, her business quickly gained popularity.
Teixeira worked full-time as a CVS Health analyst before being laid off in 2024.
She decided to turn her jewelry hobby into a full-time business.
Fallen Whiskers fills about 15 orders weekly, with pieces selling for $125 to $150.
Teixeira donates part of her earnings to a local cat shelter where she volunteers.
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Millionaire investor Kevin O’Leary criticized a reported plan by the Trump administration to financially help Spirit Airlines. He warned that government bailouts for poorly managed companies interfere with how free markets usually work.
Key Facts
Kevin O’Leary is a millionaire investor.
He appeared on NewsNation to share his views.
O’Leary called the idea of bailing out Spirit Airlines “really bad.”
He said that in capitalism, companies that fail should be allowed to fail.
He cautioned against government support for companies with poor management.
President Donald Trump had suggested the possibility of a bailout for Spirit Airlines.
The bailout plan is part of Trump administration reports, not confirmed actions yet.
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Mortgage rates have recently gone down but remain higher than earlier this year, around 6.13% for a 30-year loan. Experts say some types of homebuyers, like those willing to improve their credit or stay in their home long-term, may still benefit from buying a house this spring.
Key Facts
Mortgage rates dropped below 6% in February after the Federal Reserve cut rates but rose to nearly 6.5% in March and early April.
Current rates are about 6.13% for a 30-year mortgage, according to Freddie Mac.
Buyers who improve their credit scores can reduce their mortgage interest rate and insurance costs.
Moving a credit score from the mid-600s to mid-700s can save roughly 0.25% on interest rates.
Comparing multiple lenders and negotiating can save buyers over $1,200 per year.
Buyers planning to live in their home for a long time are more likely to benefit despite higher rates.
Long-term homeowners have more time to build equity and offset upfront costs.
Short-term buyers find it harder to recover costs with current mortgage terms.
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Lauren Sánchez and Jeff Bezos are major figures in Silicon Valley who are influencing major cultural events, including the upcoming Met Gala in New York. Tech companies are spending large amounts of money on the event, showing their significant role in shaping modern culture and style.
Key Facts
Jeff Bezos and Lauren Sánchez have taken a leading role in the Met Gala, a major fashion event at New York’s Metropolitan Museum of Art.
Tables at the Met Gala cost around $350,000 each and many have been purchased by tech companies like Meta/Instagram, OpenAI, Amazon, and Snapchat.
These tech companies have disrupted traditional style and media industries by spending heavily to influence culture.
Lauren Sánchez has gained attention for her high-profile activities, including a space trip and a lavish wedding in Venice.
Some protests and calls to boycott the Met Gala have emerged, but the event's tickets are very expensive and mostly purchased by wealthy individuals.
Bezos and Sánchez live in a $230 million home in Miami and have notable personal branding, like custom coffee mugs with playful messages.
The presence of tech giants at events like the Met Gala highlights their growing cultural power beyond their original industries.
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Gold prices reached record highs above $5,000 per ounce earlier this year but have recently fallen to around $4,700 per ounce. Experts expect the price of gold to be very changeable this year, with possible drops as low as $4,000 per ounce, but they generally believe gold will increase in value over the long term.
Key Facts
Gold surpassed $3,000 per ounce in 2025, then topped $4,000 and $5,000 in early 2026.
Prices dropped to about $4,400 per ounce in March 2026 but remain near record highs.
Some experts predict gold could fall 10-20%, possibly down to $4,000 per ounce.
Volatility in gold prices is expected, with big swings happening over short periods.
Despite potential short-term drops, the long-term outlook for gold prices is positive.
Central banks, especially in Eastern countries, are buying gold, supporting a minimum price level.
Investors are advised to buy gold gradually during price drops rather than all at once.
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Jersey's inflation rate increased by 2.7% in the year ending March 2026, slightly lower than the previous quarter's 2.8%. The rise was mainly due to higher prices for heating oil, alcoholic drinks, food, and household services.
Key Facts
Jersey's Retail Price Index (RPI), a measure of inflation, rose 2.7% in the year to March 2026.
Inflation decreased by 0.1 percentage points from the previous quarter's rate of 2.8%.
Heating oil and other fuel prices grew by 31.9%, influenced by the war in the Middle East.
Alcoholic drinks prices increased by 8.6%, up from 5.1% over the previous 12 months.
Beef prices went up 19.7%, the largest annual increase among food items.
Prices for coffee and cocoa rose by 15.9% annually.
Some areas like housing, motoring, travel fares, and leisure services saw price decreases that helped lower overall inflation.
Over the last quarter (Dec 2025 to March 2026), the RPI increased by 1.4%.
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Oil prices reached their highest point since the US and Iran agreed to a ceasefire more than two weeks ago, with Brent crude hitting $107.48 a barrel. Despite the ceasefire extension between Israel and Lebanon announced by President Donald Trump, ongoing tensions and a blockade in the Strait of Hormuz continue to limit oil supply from the Gulf region, pushing prices higher.
Key Facts
Brent crude oil price peaked at $107.48 per barrel, the highest since April 7.
The US and Iran agreed on a conditional ceasefire and temporary reopening of the Strait of Hormuz on April 7.
The Strait of Hormuz remains mostly blocked, reducing oil production in the Gulf by more than half since the conflict started.
Oil prices were around $72 per barrel before the war and reached $199.50 in early March.
President Donald Trump extended the Israel-Lebanon ceasefire by three weeks but is cautious about rushing a peace deal with Iran.
Market analysts say oil prices could continue to rise due to ongoing US-Iran tensions and supply concerns.
The naval blockade by Iran is causing fears of tighter oil supply and increasing prices above $100 per barrel.
No clear timeline exists for new US-Iran talks, leaving oil markets uncertain.
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Porsche is selling its stake in Bugatti Rimac and Rimac Group to a group of investors led by HOF Capital. This move follows challenges in the electric vehicle market and difficulties faced by Volkswagen Group, Porsche’s parent company. Bugatti, famous for luxury supercars, was partly owned by Porsche since 2021 through a joint venture with Rimac.
Key Facts
Porsche became the main VW Group brand managing Bugatti in 2021.
Bugatti was originally founded in 1909 and revived several times, most recently in 1998 by Volkswagen Group.
Bugatti Rimac joint venture was owned 45% by Porsche and 55% by Rimac Group.
Rimac is a Croatian company specializing in electric car technology.
Porsche also owned 24% of Rimac Group since 2018.
The electric vehicle market challenges and US tariffs affected Porsche’s sales, which dropped 15% in early 2026.
Volkswagen Group plans to reduce its car production by 1 million units annually and expects job cuts.
Porsche sold its stakes to focus on its core business amid these industry changes.
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CBS Mornings Deals offers viewers special discounts on products that could be useful daily. People can visit cbsdeals.com to find and buy these discounted items.
Key Facts
CBS Mornings Deals features products with special offers.
These items are meant to be helpful in everyday life.
Viewers are encouraged to visit cbsdeals.com to access the deals.
CBS earns a commission when purchases are made through their website.
The deals are promoted as exclusive to CBS viewers.
The article promotes shopping through CBS’s platform.
The discounts and product selections change regularly.
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Mortgage interest rates have decreased recently, with the average rate for a 30-year loan dropping to 6.13% as of April 24, 2026. This decline is linked to easing trade tensions and lower Treasury yields, but rates could change depending on future economic and policy developments.
Key Facts
The average 30-year mortgage rate is 6.13% as of April 24, 2026.
The average 15-year mortgage rate is 5.63%, which is lower and could save buyers money over time.
Refinance rates are also down, with 30-year refinances averaging 6.53% and 15-year refinances at 5.64%.
Rates have been falling steadily over the past few weeks following earlier increases caused by market uncertainty.
Trade tensions easing contributed to a drop in Treasury yields, which affects mortgage rates.
The Federal Reserve has not indicated plans to lower rates soon, keeping future mortgage rates uncertain.
Buyers with good credit and financial stability can benefit more from the lower 15-year mortgage rates.
Refinancing can reduce payments and total interest but requires careful cost-benefit analysis because of closing costs.
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President Donald Trump spoke about possible plans to help Spirit Airlines. The discussion involves ways to support the airline, possibly through financial aid or other measures.
Key Facts
President Trump addressed the situation involving Spirit Airlines.
The focus is on potential plans to assist or bail out the airline.
Spirit Airlines has been facing challenges that may require support.
CBS News reporter Kris Van Cleave covered the story.
The details of any bailout or aid plan have not been fully announced.
The discussion about helping Spirit Airlines was shared through CBS News platforms.
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Cities hosting the 2024 FIFA World Cup in the U.S. are creating and enforcing rules for short-term home rentals to manage the influx of visitors. Homeowners who rent out properties without following local laws risk fines, penalties, and even jail time.
Key Facts
Atlanta allows short-term rentals only for a primary home plus one unit, with a $150 annual license; fines up to $500 apply for violations.
Boston requires hosts to register, pay a yearly fee, prove residency, and limit rentals to under 28 days; fines can reach $300 per day.
Dallas bans short-term rentals in single-family neighborhoods, mandates registration with a $404 fee, property inspections, and tax collection; fines up to $500 per violation.
Houston recently introduced rules requiring registration and a $275 yearly fee; serious violations can cause removal from booking sites and potential fines.
Kansas City requires registration, zoning compliance, a 7.5% tax, and a $3 nightly fee; non-residents cannot rent out homes in residential zones.
Demand for short-term rentals has surged dramatically in host cities ahead of the World Cup, with some areas seeing increases over 1,800% year-over-year.
Local governments are enforcing these regulations strictly to ensure compliance during the event.
Penalties include fines, possible jail time, and removal from popular short-term rental platforms if rules are broken.
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A new Bank of America report shows that Generation Z (people born 1997-2012) are moving to different U.S. cities than older generations. They are choosing places like Denver, Minneapolis, Austin, and Philadelphia based more on lifestyle and culture than just jobs or affordability.
Key Facts
Gen Z moves more than older groups and had more movers in early 2026 compared to 2023.
Unlike older generations, Gen Z favors cities with cultural and lifestyle appeal, not just job growth.
Cities popular with Gen Z include Denver, Minneapolis, Austin, Philadelphia, New York City, San Francisco, Seattle, and San Jose.
Some cities popular with Gen Z had fewer new jobs, showing they value more than just employment opportunities.
Older generations tend to move to cheaper areas as they approach retirement.
Both Gen Z and millennials are increasing populations in cities like Austin, Raleigh, Richmond, Seattle, and San Francisco.
Increased young populations could raise demand on rental housing markets in these cities.
Migration trends suggest Gen Z’s choices may reshape U.S. city growth and housing needs in the future.
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Wall Street futures showed mixed results before the market opened, while oil prices dropped after President Donald Trump extended a waiver allowing foreign ships to transport energy products to the U.S. This waiver aims to ease energy supply issues caused by the war in Iran.
Key Facts
President Trump extended the Jones Act waiver for 90 days, allowing non-American ships to carry oil and natural gas in U.S. waters.
The waiver started as a 60-day measure in mid-March to help stabilize energy supplies amid disruptions from the Iran war.
After the extension, oil prices declined but remained high due to ongoing conflict and disruptions of the Strait of Hormuz.
Brent crude for June delivery fell to $98.67 per barrel, down from a recent high of $107.
U.S. crude oil prices dropped to $94.80 per barrel early Friday.
The Strait of Hormuz remains mostly closed, and the U.S. continues a sea blockade on Iranian ports.
Iran attacked and seized ships in the strait, escalating tensions in the region.
Wall Street stock futures were mixed, but chipmaker stocks rose significantly after Intel reported strong earnings driven by AI demand.
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President Donald Trump said his administration is thinking about buying Spirit Airlines, which might go out of business soon. The plan is to hold the airline and sell it later when fuel costs go down.
Key Facts
Spirit Airlines is facing the chance of going out of business (liquidation).
President Trump’s administration is considering buying Spirit Airlines to prevent that.
The idea is to resell the airline later, possibly when fuel prices are lower.
Fuel prices are currently high, which affects airline costs.
This plan is a type of bailout, where the government helps a struggling company.
The proposal is still being discussed and has not been finalized.
The goal is to save jobs and keep the airline operating for now.
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