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ABC Business News
‘Closed for paid leave’: More than 70 businesses nationwide shut doors on day of action
Thana Prasongsin/Getty Images (NEW YORK) — More than 70 businesses across the country shut their doors Monday in a show of solidarity to call for federal paid family and medical leave. The day of action [Read More…]
Target limits self-checkout for customers with 10 items or fewer
ABC News Target has brought a change into what was considered a quicker alternative for its customers to make purchases at its stores. The retail corporation announced Thursday via press release that it would switch [Read More…]
Will Bernie Sanders’ proposed 32-hour workweek pass Congress?
Chip Somodevilla/Getty Images (NEW YORK) — A push to slash the standard workweek from 40 hours to 32 achieved a breakthrough this week, gaining a foothold in the Senate with a proposal that would require [Read More…]
Selling a home is about to get cheaper after historic settlement
Joe Raedle/Getty Images (NEW YORK) — The cost of selling a home could soon go down after the National Association of Realtors agreed to a historic settlement. The powerful trade group, which represents more than [Read More…]
Debunking four myths about TikTok
TikTok supporters are seen outside the U.S. Capitol before the House passed the Protecting Americans from Foreign Adversary Controlled Applications Act, that could ban TikTok in the U.S., March 13, 2024. — Tom Williams/Getty Images [Read More…]
Small business owners weigh in on how they are coping with current economy
ABC News (NEW YORK) — Market reports show the U.S. economy is seeing strong job numbers and a waning inflation rate, but some small business owners tell ABC News they are still feeling the pinch. [Read More…]
TikTok could avoid potential ban with sale. Who would buy it?
General view of the TikTok headquarters on Oct. 13, 2020 in Culver City, California. (AaronP/Bauer-Griffin/GC Images) (NEW YORK) — Social media platform TikTok stands on the brink of a forced sale after the House passed [Read More…]
TikTok influencers say ban would be ‘devastating’
Tik Tok supporters are seen outside the U.S. Capitol, March 13, 2024, in Washington. (Tom Williams/CQ-Roll Call, Inc via Getty Images) (WASHINGTON) — TikTok influencers — accustomed to their voices being heard by thousands on [Read More…]
Possible TikTok ban in US: What’s at stake and what comes next
In this photo illustration, a TikTok logo is seen displayed on a smartphone screen. (Pavlo Gonchar/SOPA Images/LightRocket via Getty Images) (WASHINGTON) — The high-stakes battle on Capitol Hill between lawmakers and TikTok over a potential [Read More…]
Inflation ticked up in February, reversing some prior progress
Javier Ghersi/Getty Images (NEW YORK) — Consumer prices rose 3.2% in February compared to a year ago, increasing slightly from the previous month and offering the latest sign that progress toward lowering inflation has struck [Read More…]
Airbnb bans the use of indoor security cameras on all properties
The Airbnb website on a laptop computer arranged in the Brooklyn Borough of New York, U.S., on Thursday, May 4, 2023. (Gabby Jones/Bloomberg via Getty Images) (NEW YORK) — Airbnb has made the decision to [Read More…]
Inflation expected to have remained unchanged in February
Javier Ghersi/Getty Images (NEW YORK) — Inflation data to be released on Tuesday will reveal the latest price movements, a key economic signal for central bankers weighing interest rate cuts and voters turning their attention [Read More…]
Sam Altman to remain as CEO of OpenAI, rejoin board following external review
Kent Nishimura/Getty Images (NEW YORK) — Sam Altman will remain as CEO of OpenAI and rejoin its board of directors following an “extensive” external investigation into his temporary ouster last year, the company’s board announced [Read More…]
Biden proposes relief for homebuyers. Here’s what to know.
Thomas Northcut/Getty Images (WASHINGTON) — President Joe Biden declared triumph on bread-and-butter issues in his State of the Union address, describing the U.S. economy as “the strongest in the world.” Still, he said, conditions must [Read More…]
Biden tackles inflation by targeting hidden fees. Will voters notice?
Adam Gault/Getty Images (WASHINGTON) — Enthusiasm about the U.S. economy has soared in recent months but polls indicate most consumers still bemoan inflation. More than 60% of adults say recent price increases have caused financial [Read More…]
Chinese national arrested after allegedly stealing AI trade secrets from Google
Cesc Maymo/Getty Images (SAN FRANCISCO) — A Chinese national was arrested Wednesday in California and charged with allegedly stealing confidential trade secrets from Google’s Artificial Intelligence program while secretly working for two AI startup companies [Read More…]
Target’s new paid membership program: What to know
Shelby Knowles/Bloomberg via Getty Images (NEW YORK) — Target has announced a paid membership program set to begin next month, launching a subscription service similar to those on offer at competitors Amazon and Walmart. The [Read More…]
First look at new TSA self-service screening lane and how it could improve airport travel
ABC News (LAS VEGAS) — Las Vegas is testing the future of airport screening with self-security checks and ABC News’ Good Morning America got a firsthand look at how it works. ABC News transportation correspondent [Read More…]
How to get a bigger tax refund, according to experts
courtneyk/Getty Images (NEW YORK) — Tax season, for many, conjures kitchen-table drudgery spent revisiting pay stubs and financial choices. For some, though, a reward awaits: a tax refund. The possibility and scale of a refund [Read More…]
Facebook, Instagram and Threads outage: ‘We’re aware people are having trouble accessing our services,’ Meta says
Sebastian Kahnert/Getty Images (MENLO PARK, Ca.) — Meta resolved an outage suffered by Facebook, Instagram and Threads on Tuesday, concluding a service issue that had prevented some U.S. users from logging on to the sites [Read More…]