Category Added in a WPeMatico Campaign
ABC Business News
‘Can’t catch a break’: Shoppers squeezed by surging inflation and higher interest rates
A customer purchases gas at a station, Sept. 15, 2026, in Chicago. (Scott Olson/Getty Images) (NEW YORK) — Kelsey Benson said she was laid off from a job in sales earlier this month, leaving her [Read More…]
What are the financial benefits of higher interest rates? Experts explain
Federal Reserve Chair Kevin Warsh speaks during a news conference following Federal Open Market Committee meetings at Federal Reserve Headquarters, Sept. 16, 2026, in Washington. (Andrew Harnik/Getty Images) (NEW YORK) — A key long-term Treasury [Read More…]
Converse pulls controversial ad, apologizes following backlash over alleged KKK imagery
(Getty Images stock photo) (NEW YORK) — Converse has discontinued an advertisement following public backlash last week over what critics said appeared to be Ku Klux Klan symbolism and lynching in the shoe and apparel [Read More…]
Toys R Us planning major comeback ahead of holiday season
Toys R Us Grand Opening at Macy’s Herald Square on Oct. 13, 2022, in New York City. (Eugene Gologursky/Getty Images for Macy’s, Inc.) (NEW YORK) — Toys R Us is planning a major expansion in [Read More…]
Warren Buffett steps down as Berkshire Hathaway chairman
Warren Buffett attends ‘Becoming Warren Buffett’ World Premiere at The Museum of Modern Art on Jan. 19, 2017, in New York City. (Jamie McCarthy/Getty Images) (NEW YORK ) — Warren Buffett has stepped down as [Read More…]
What does the closure of Saudi-Arabia’s East-West pipeline mean for gas prices?
Nicholson Francios pumps diesel fuel into his tractor-trailer at a truck stop on Sept. 11, 2026, in Miami, Florida. (Joe Raedle/Getty Images) (WASHINGTON) — Global oil prices on Monday climbed to their highest level since May after [Read More…]
Amazon stops operations with 21 Air after deadly Miami cargo plane crash
An Amazon cargo plane is seen after it crashed at Miami International Airport on Sept. 6, 2026, in Miami, Florida. (Joe Raedle/Getty Images) (WASHINGTON) — Amazon announced Sunday it’s pausing operations with cargo carrier 21 [Read More…]
Anthropic says it blocked potential AI bioweapon misuse
(Getty Images stock photo/Hapabapa) (NEW YORK) — Artificial intelligence company Anthropic says it blocked several possible attempts to use its AI technology for research that could potentially support the development of biological weapons, according to a new report from the [Read More…]
Inflation holds steady at elevated level as Iran war pushes up gas prices
Customers shop at a grocery store on Sept. 10, 2026, in Chicago, Illinois. (Scott Olson/Getty Images) (WASHINGTON) — Inflation held steady in August but price increases remained elevated as the Iran war continued to push up fuel [Read More…]
How some influencers are reacting to followers’ economic woes
(Getty Images stock photo/Keeproll) (NEW YORK) — If you’re a millennial, you may remember the beauty and lifestyle influencers of the 2000s and 2010s. Back then, influencers were maximalists, competing to out-consume one another with [Read More…]
Apple announces first-ever foldable iPhone, starting at $1,999
Apple CEO John Ternus speaks during the keynote address at Apple’s “Surprise and Shine” event at the company’s corporate headquarters on Sept. 9, 2026, in Cupertino, California. (Benjamin Fanjoy/Getty Images) (NEW YORK) — Apple announced [Read More…]
US-Canada trade war threatens economic fallout in key midterm states
U.S. President Donald Trump (R) and Canadian Prime Minister Mark Carney speak to reporters in the Oval Office of the White House on Oct. 7, 2025, in Washington, DC. (Anna Moneymaker/Getty Images) (NEW YORK) — [Read More…]
Apple announces new products Wednesday. Here’s what to know
Apple CEO John Ternus speaks during the keynote address at Apple’s “Surprise and Shine” event at the company’s corporate headquarters on Sept. 9, 2026, in Cupertino, California. (Benjamin Fanjoy/Getty Images) (NEW YORK) — Apple held [Read More…]
Oil prices climb over $100 per barrel as US war in Iran continues
The sprawling BP refinery is shown on Sept. 8, 2026, in Whiting, Indiana. (Scott Olson/Getty Images) (LONDON) — The global price of oil topped $100 a barrel on Wednesday for the first time since July, [Read More…]
Canada’s retaliatory tariffs hit US products as Trump warns of escalation
Selection of products target by Canada’s retaliatory tariffs. (Government of Canada) (WASHINGTON) — Retaliatory tariffs issued by Canada hit some imports from the United States at one minute after midnight Eastern Time on Tuesday, intensifying a trade [Read More…]
TSA launches program allowing non-travelers past security
Airport TSA PreCheck lines. (Douglas Rissing/Getty Images) (NEW YORK) — The Transportation Security Administration has launched a new program that allows some people without a plane ticket to go through airport security. The program, called [Read More…]
Hiring blew past expectations in August, jobs report shows
Sectors that added jobs in August. (U.S. Bureau of Labor Statistics) (NEW YORK) — Hiring grew far more than expected in August, bouncing back from a decline in employment a month earlier, according to the federal government’s [Read More…]
Diesel prices hit record high, raising supply costs for many products
Ships are anchored in the Strait of Hormuz on Aug. 10, 2026, off the coast of Bandar Abbas, Iran. (Ali Saeedi/Getty Images) (NEW YORK) — Diesel prices hit a record high in the United States on [Read More…]
TikTok announces new ways to comment, including voice messages and polls
(Getty Images stock photo/lixu) (NEW YORK) — TikTok is giving users new ways to join conversations on the platform. The social media company on Thursday announced several new comment features that will allow people to leave [Read More…]
Southwest announces its 1st lounges at these 4 airports
Southwest Airlines airplanes sit on the tarmac at the Baltimore/Washington International Thurgood Marshall Airport on Nov. 26, 2025, in Baltimore, Maryland. (Anna Moneymaker/Getty Images) (NEW YORK) — For the first time ever, Southwest Airlines is joining the [Read More…]