ABC Business News

Javier Ghersi/Getty Images (WASHINGTON) — Consumer prices rose 3.3% in May compared to a year ago, easing slightly from the previous month and outperforming economists’ expectations. The data arrived hours before the Federal Reserve is [Read More…]

Bloomberg Creative/Getty Images (WASHINGTON) — The Federal Reserve on Wednesday will announce its latest decision on interest rates, just hours after fresh inflation data is set to reveal the status of the central bank’s fight [Read More…]

Javier Ghersi/Getty Images (WASHINGTON) — The release of inflation data on Wednesday will reveal the latest movement for consumer prices, which continue to strain households and top surveys of voter priorities less than five months [Read More…]

Bloomberg Creative/Getty Images (WASHINGTON) — The Federal Reserve on Wednesday will announce its latest decision on interest rates, just hours after fresh inflation data is set to reveal the status of the central bank’s fight [Read More…]

ATU Images/Getty Images (WASHINGTON) — In a sweeping change that could improve millions of Americans’ ability to own a home or buy a car, the Biden administration on Tuesday proposed a rule to ban medical [Read More…]

Former Theranos CEO Elizabeth Holmes alongside her boyfriend Billy Evans, walks back to her hotel following a hearing at the Robert E. Peckham U.S. Courthouse on March 17, 2023 in San Jose, California. (Philip Pacheco/Getty [Read More…]

onurdongel/Getty Images (NEW YORK) — As airports prepare for the highest passenger volumes this summer, the Transportation Security Administration is bracing for the travel crush and sharing what passengers need to know to get through [Read More…]

Andrej Sokolow/picture alliance via Getty Images (CUPERTINO, Calif.) — Apple unveiled artificial intelligence-fueled features across several key products on Monday, heralding the long-awaited entry of the tech giant into the high-stakes AI race. The latest [Read More…]

Lamborghini says the successor to the Huracan will have an electrified twin-turbo V8 engine. A Huracan STJ is shown here. — Lamborghini (NEW YORK) — It’s nearly impossible not to smile when you squeeze the [Read More…]

Douglas Sacha/Getty Images (NEW YORK) — A better-than-expected jobs report on Friday displayed the resilient strength of the U.S. economy, even after years of high interest rates and stubborn inflation. Employers hired 272,000 workers last [Read More…]

Lourdes Balduque/Getty Images (NEW YORK) — Jessica Morrison and Jason West, a Philadelphia-area couple with a 4-year-old daughter, stood on the verge of a financial breakthrough. West was breezing through the hiring process to become [Read More…]

Javier Ghersi/Getty Images (NEW YORK) — Prominent backers have poured billions into a new Texas-based stock exchange that aims to attract companies with what it considers more business-friendly rules than those of the New York [Read More…]

In an aerial view, the Walt Disney World resorts and theme park sit along the Seven Seas Lagoon on February 8, 2023 in Orlando. (Joe Raedle/Getty Images) (NEW YORK) — Disney and appointees of Florida [Read More…]

Karl Tapales/Getty Images (NEW YORK) — AT&T has resolved the “interoperability issue between carriers” customers were experiencing on Tuesday, the company said in a statement. Customers began reporting a “nationwide issue that is affecting” their [Read More…]

Greg Bajor/Getty Images (NEW YORK) — Aviation industry executives gathered in Dubai for the annual International Air Transport Association meeting this week, where they revealed that despite record high profit projections, airfare will continue to [Read More…]

Priceless Pets volunteer Mary Green of Chino Hills, places new collars on some of the 200 beagles who were among 4,000 dogs freed from a Virginia breeding facility, moments after the dogs arrived in two [Read More…]

Bruce Bennett/Getty Images (NEW YORK) — Shares of GameStop climbed more than 75% in early trading on Monday, triggering a halt in markets multiple times on account of the volatility. The rally softened over the [Read More…]

Klaus Vedfelt/Getty Images (NEW YORK) — Live Nation, the parent company of Ticketmaster, revealed Friday evening that it was the victim of a cyber attack that compromised user data. The company said in a filing [Read More…]

Yulia Naumenko/Getty Imagess (NEW YORK) — Orange production in two top growing regions has been plagued by diseased fruit and bad weather, a combination that’s prompted all-time high prices and left juice makers to consider [Read More…]

A sign is displayed on a wall at the former Anchor Brewing Company brewery on May 31, 2024 in San Francisco, California. (Justin Sullivan/Getty Images) (NEW YORK) — Beer drinkers rejoice, Chobani CEO Hamdi Ulukaya [Read More…]