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ABC Business News

Crypto is here to stay, but don’t trust its get-rich-quick persona, author says
We Are/Getty Images (NEW YORK) — Writer, entrepreneur, and influencer Nathaniel “Nat” Eliason sat down with ABC News to discuss his new book, “Crypto Confidential: Winning and Losing Millions in the New Frontier of Finance.” [Read More…]

Trump’s Truth Social stock soars after assassination attempt
Andrew Brookes/Getty Images, STOCK (NEW YORK) — Shares of former President Donald Trump’s social media platform Truth Social soared in early trading on Monday, extending a rally that began in the immediate aftermath of an [Read More…]

Good American CEO Emma Grede shares her strategies for success
Emma Grede attends the FRAME & Amelia Gray dinner at the Chateau Marmont, April 4, 2024, in Los Angeles. — Stefanie Keenan/Getty Images for FRAME, FILE (NEW YORK) — Emma Grede, a British entrepreneur and [Read More…]

AT&T says hacker stole some data from ‘nearly all’ wireless customers
Karl Tapales/Getty Images (NEW YORK) — AT&T has announced that the company believes a hacker stole records of calls and texts from nearly all of AT&T’s wireless customers, according to a financial filing from the [Read More…]

Inflation cooled in June, outperforming economists’ expectations
Kinga Krzeminska/Getty Images (WASHINGTON) — Consumer prices rose 3.0% in June compared to a year ago, extending a monthslong stretch of progress in the fight to slow price increases. The latest inflation reading outperformed economists’ [Read More…]

Sam’s Club slashes sign-up fee, but consider these Costco perks and savings
In this Feb. 20, 2021 file photo, people wait for a Sam’s Club store to open in Austin, Texas. (Joe Raedle/Getty Images) (NEW YORK) — Costco’s warehouse retail competitor Sam’s Club has recently ramped up [Read More…]

McDonald’s unveils new Kit Kat Banana Split McFlurry, more hot menu updates
McDonald’s (NEW YORK) — McDonald’s has a new frozen treat on its menu that’s perfect for customers looking to beat the heat. On Tuesday, the Golden Arches announced the newest McFlurry flavor hitting McDonald’s menus [Read More…]

TSA sets new single-day record with more than three million travelers at airport security
onurdongel/Getty Images (NEW YORK) — The high volume of travelers in the United States passing through airport security after their Fourth of July getaways helped set a new single-day screening record for the Transportation Security [Read More…]

How home-swapping has helped travelers save on vacation: What to know about the travel trend
Nadija Pavlovic/Getty Images (NEW YORK) — More travelers are turning away from hotels and short-term rental properties to instead explore the growing trend of home exchanges. If it sounds familiar, you’ve most likely seen the [Read More…]

What is shoulder season? Experts weigh in with tips to save on airfare, hotels in opposite seasons
Craig Hastings/Getty Images (NEW YORK) — There’s still plenty of time to plan more fun in the sun summer getaways, but if you haven’t yet booked travel for shoulder season — or winter holidays — [Read More…]

Boeing agrees in principle to deal with DOJ to plead guilty to misleading FAA during 737 MAX evaluation
Scott Olson/Getty Images (FORT WORTH, Texas) — The Boeing Company has agreed in principle to a deal with the Department of Justice that will include a guilty plea to conspiracy to defraud the U.S. related [Read More…]

Employment gains continue as economy adds more than 200k jobs
KLH49/Getty Images (WASHINGTON) — The economy appears to be holding steady, with the arrival of the Labor Department’s latest jobs report. Employers hired 206,000 workers in June, making for 42 consecutive months of growth, according [Read More…]

Hatch Baby recalls nearly 1 million sound machine adapters due to shock hazard
United States Consumer Product Safety Commission (NEW YORK) — This story has been corrected to specify that the power adapters are being recalled. Hatch, a popular sleep aid device company, has recalled more than 900,000 [Read More…]

More than 4,000 pounds of liquid eggs recalled from nine states
USDA (NEW YORK) — More than 4,600 pounds of liquid egg products have been pulled from shelves due to “misbranding and undeclared allergens.” Michael Foods Inc. has issued a recall on approximately 4,620 pounds of [Read More…]

Where is the stock market headed in the 2nd half of 2024?
Andrew Brookes/Getty Images (NEW YORK) — The stock market defied expectations with a strong performance over the first half of 2024. But the success poses a key question for investors: Is there room for stocks [Read More…]

DOJ to present Boeing with plea deal that families of 2018, 2019 crash victims say falls short: Lawyers
Scott Olson/Getty Images (WASHINGTON) — The Department of Justice is preparing to present the Boeing Company a plea deal that would again allow the aerospace giant to avoid a trial over an alleged conspiracy to [Read More…]

Biden-Trump debate triggers alarm among top business leaders: ‘Awful’
David Berding/Getty Images (WASHINGTON) — Some of the nation’s top business and labor leaders voiced alarm in the hours following the presidential debate on Thursday night, as some raised concern about President Joe Biden’s age [Read More…]

Taco Bell adds new $7 Luxe Cravings Box to fast food value meal craze
Taco Bell (NEW YORK) — Wendy’s has long offered a $5 meal deal, but newcomers like McDonald’s and Burger King have prompted an influx of fast food companies vying for customers’ attention and appetites. Now, [Read More…]

Walgreens to close ‘significant’ number of struggling US stores, CEO says
Justin Sullivan/Getty Images (NEW YORK) — Walgreens plans to close a large share of its U.S. stores over the next three years, Chief Executive Tim Wentworth said on a conference call with industry analysts on [Read More…]

NTSB sanctions Boeing for ‘blatantly’ violating agreement by sharing non-public investigation details
Signage outside a Boeing office building in Arlington, Virginia, U.S., on Thursday, May 5, 2022. (Eric Lee/Bloomberg via Getty Images) (NEW YORK) — Boeing will be subject to sanctions for disclosing non-public information about an [Read More…]