ABC Business News

Image Source/Getty Images (NEW YORK) — The housing market has been unforgiving to first-time buyers like Kirstin Harris. “You have to be so competitive,” she told ABC News. “By the time we even like a [Read More…]

Matteo Colombo/Getty Images (NEW YORK) — Wall Street is jittery as tensions continue to escalate between Russia and Ukraine. On Tuesday, stocks were down, with the Dow Jones Industrial Average closing 482.57 points lower, a [Read More…]

Photo Illustration by Sean Gallup/Getty Images (NEW YORK) — Gas prices are continuing to soar with no relief in sight. The national average price per gallon now stands at $3.53, the highest it’s been since [Read More…]

Maskot/Getty Images (LOS ANGELES) — Analysts are warning motorists in California to hold on to their wallets as a host of factors will take already record-high gas prices to new levels. The state averaged $4.742 [Read More…]

Grace Cary/Getty Images (NEW YORK) — Should Russia invade Ukraine, it could have multiple effects on the U.S. economy. Energy prices could skyrocket, the cost of food may rise even more and inflation could be [Read More…]

BojanMirkovic/Getty Images (NEW YORK) — In addition to honoring presidents of the past, Presidents Day, celebrated this year on Monday, Feb. 21, is also marked by deep discounts. It is one of the best times [Read More…]

DENIS CHARLET/AFP via Getty Images (NEW YORK) — Many college students returned to in-person learning this past fall and for some sophomores, it was their first time on campus since the pandemic began. This situation [Read More…]

Aleksandr Zubkov/Getty Images (NEW YORK) — After two years of postponed and canceled weddings due to the COVID-19 pandemic, couples are making their way down the aisle again surrounded by their loved ones. And in [Read More…]

McDonald’s (NEW YORK) — Spring and St. Patrick’s Day are around the corner, which means it’s almost McDonald’s Shamrock Shake and Oreo Shamrock McFlurry season. The iconic creamy, frozen treats will officially return to McDonald’s [Read More…]

Yichuan Cao/NurPhoto via Getty Images (NEW YORK) — Tesla CEO Elon Musk accused the Securities and Exchange Commission Thursday of harassment and of withholding $40 million to Tesla shareholders, adding to long-running tensions between the [Read More…]

Gareth Brown/Getty Images (NEW YORK) — When Temidayo Adedokun became pregnant with her first child, like many new moms, she said she was excited to start shopping for baby clothes. Adedokun, 31, who was born [Read More…]

Kent Nishimura / Los Angeles Times via Getty Images (WASHINGTON) — With fears of a Russian attack on Ukraine remaining a “distinct possibility,” President Joe Biden is sending a stark warning to Americans about what [Read More…]

DaveAlan/Getty Images (NEW YORK) — Alaska Airlines announced its first-ever subscription-based offering, Flight Pass, which offers travelers with varying budgets and lifestyles a chance to travel along many West Coast routes for a year. The [Read More…]

Disney (NEW YORK) — Fans will soon be able to call Disney home. On Wednesday, the company announced the launch of Storyliving by Disney, a new community for Disney fans to live in that incorporates [Read More…]

Courtesy of Victoria’s Secret (NEW YORK) — Victoria’s Secret has unveiled ads for its latest collection of bras and panties, called Love Cloud, featuring women of different shapes, sizes and backgrounds. The Love Cloud collection [Read More…]

Getty Images/d3sign (NEW YORK) — The leading global producer of avocados is temporarily banned from sending the sought after fruit from Mexico to the U.S. Despite the demand for imported avocados, the U.S. government announced [Read More…]

Cavan Images/Getty Images (NEW YORK) — Black students are much more likely to incur the largest average student loan debt out of any group in the United States, including their white peers, according to a [Read More…]

LaCroix (NEW YORK) — Before the cherry trees bloom this spring with their beautiful pink petals, one beloved sparkling beverage has a new product inspired by the blossoms. LaCroix announced Monday its newest flavor Cherry [Read More…]

Lamborghini (NEW YORK) — Walk into a Lamborghini dealership and brace yourself for the bad news. The wait time for the new Huracan STO supercar, a track weapon with a conspicuous carbon-fiber wing, air ducts [Read More…]

Stellantis (NEW YORK) — You may not know Ralph Gilles by name but you may have owned (or admired) his cars: the Dodge Viper, Jeep Grand Cherokee and Ram truck, to name a few. Gilles, [Read More…]