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ABC Business News

Smoked salmon sold at Kroger recalled across 15 states
Foppen Seafood (NEW YORK) — For American consumers who enjoy adding slices of smoked salmon to a bagel or other breakfast dishes, it’s time to check the refrigerator, because one producer of the famed Norwegian [Read More…]

What to know about the Volkswagen-Rivian partnership
David Paul Morris/Bloomberg via Getty Images (NEW YORK) — Volkswagen on Tuesday said it would invest up to $5 billion in Rivian, an electric vehicle startup based in California. The move sets the stage for [Read More…]

Food prices for Fourth of July favorites, experts share the best savings on burgers and more
Funwithfood/Getty Images (NEW YORK) — It’s almost Independence Day in the United States, and if you’re making a trip to the grocery store to prep for any Fourth of July food-related festivities, experts have shared [Read More…]

Why Nvidia’s stock price has dropped
Dominika Zarzycka/SOPA Images/LightRocket via Getty Images (NEW YORK) — When artificial intelligence chipmaker Nvidia became the world’s most valuable company last week — surpassing household names like Apple and Microsoft — the moment appeared to [Read More…]

Corporations face challenge aligning policies with Pride marketing, some experts say
Charlie Nguyen Photography/Getty Images (NEW YORK) — High-profile anti-LGBTQ+ consumer boycotts last spring left corporations little time to reconsider long-planned marketing campaigns for Pride Month, experts previously told ABC News. Over the past year, major [Read More…]

Spaving explained: Financial expert on shopping trend that encourages more spending to save
Nipitpon Singad / EyeEm/Getty Images (NEW YORK) — For retail lovers there’s nothing quite like the rush of a good deal, and whether it’s TikTok Shop or discounts for digital boutiques on Instagram, deals are [Read More…]

JetBlue will soon offer free carry-on bags for Blue Basic fares
A JetBlue passenger puts his carry-on luggage into an overhead compartment January 28, 2022 at John F. Kennedy International Airport in New York City. — Robert Nickelsberg/Getty Images (NEW YORK) — Many travelers are taking [Read More…]

Bugatti unveils the $4.1M Tourbillon hybrid hypercar
Getty Images – STOCK (NEW YORK) — Welcome to the new era of electrification. Bugatti, the 115-year-old French marque known for its powerful W16 engines, unveiled its first electrified hypercar, the Tourbillon, on Thursday at [Read More…]

Subway president talks value in food pricing trends, new $3 Footlong Dippers
ABC News (NEW YORK) — As Americans continue to seek value amid increased food costs and inflation, Subway is adding its hat to the summer deals ring, offering customers the promise of more bang for [Read More…]

NY employers now required to offer workers paid break time for pumping breast milk
JGI/Jamie Grill/Getty Images (ALBANY, N.Y.) — New York employers are now required by law to provide paid break time to employees who need to pump breast milk while they are at work. The law, which [Read More…]

USDA pauses avocado, mango inspections in Mexican state due to security concerns
Mangoes are seen in a net during harvest on a farm, March 24, 2021, in Actopan, Veracruz state, Mexico. (Hector Quintanar/Bloomberg via Getty Images, FILE) (NEW YORK) — The U.S. Department of Agriculture has temporarily [Read More…]

Apple scraps its Apple Pay Later service
ozgurdonmaz/Getty Images (NEW YORK) — Apple has announced it is scrapping Apple Pay Later, the company’s buy now, pay later service that launched last year. In a statement, Apple said users instead will be able [Read More…]

Bud Light boycott still hammers local distributors one year later: ‘Very upsetting’
The Bud Light logo is seen on a truck semitrailer, Oct. 21, 2022, in Maryland. — Jakub Porzycki/NurPhoto via Getty Images (NEW YORK) — When conservative activists set aflame boxes of Bud Light and urged [Read More…]

Fed holds interest rates steady at 23-year high
Justin Sullivan/Getty Images (WASHINGTON) — The Federal Reserve decided to hold its benchmark interest rate steady on Wednesday, prolonging an aggressive fight against inflation despite fresh data hours earlier that showed a slight cooldown of [Read More…]

Inflation eased slightly in May, outperforming economists’ expectations
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…]

Fed expected to hold rates steady in fight against stubborn inflation
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…]

Inflation expected to have held steady in May
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…]

Fed expected to hold rates steady in fight against stubborn inflation
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…]

In sweeping change, Biden administration to ban medical debt from credit reports
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…]

Theranos founder Elizabeth Holmes’ appeal to be heard in San Francisco federal court
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…]