ABC Business News

d3sign/Getty Images (NEW YORK) — TikTok users are loud and proud, not just about their dance moves and style choices, but also when it comes to budgeting. The recent #loudbudgeting trend, which has racked up [Read More…]

d3sign/Getty Images, FILE (NEW YORK) — The Dow Jones Industrial Average closed above 38,000 for the first time ever on Monday, setting a record high and capping a steady rise that stretches back to last [Read More…]

Gary Hershorn/Getty Images (NEW YORK) — Microsoft revealed Friday that some of its corporate email accounts were hacked by a Russian-backed group. The tech company said in a blog post that its security team detected [Read More…]

Marko Geber/Getty Images (NEW YORK) — Sports Illustrated employees were notified on Friday that their jobs were being terminated. The Sports Illustrated union posted on X: “This is another difficult day in what has been [Read More…]

Tony Anderson/Getty Images (NEW YORK) — The U.S. Postal Service will increase stamp prices starting Sunday, a USPS representative confirmed to “Good Morning America.” The cost of first-class stamps will rise from 66 cents to [Read More…]

Adam Gault/Getty Images (NEW YORK) — U.S. credit card debt has soared over the last couple of years and recently it reached a major milestone. Americans’ combined credit card balances topped $1 trillion dollars last [Read More…]

Bridget Bennett/Bloomberg via Getty Images (NEW YORK) — Big Tech companies laid off hundreds of employees in recent days, commanding headlines and confronting workers across the economy with a question: Am I next? Amazon and [Read More…]

Douglas Sacha/Getty Images (NEW YORK) — U.S. economic activity changed little in recent weeks as hiring stalled, prices grew modestly and the private sector feared uncertainty tied to the 2024 election, a Federal Reserve report [Read More…]

IronHeart/Getty Images (NEW YORK) — Tens of millions of Americans who overdraft on their bank accounts each year may soon enjoy major relief. The government agency in charge of protecting consumers’ finances introduced a new [Read More…]

The parent company of Burger King is buying out its biggest franchisee in the U.S. for about $1 billion and will renovate hundreds of its locations. Restaurant Brands International Inc. will acquire all of the [Read More…]

Jon Challicom/Getty Images (NEW YORK) — Electric vehicle charging stations could spring up at gas stations and grocery stores throughout Wisconsin, after the state Senate passed a proposed bill on Tuesday. The bill, which passed [Read More…]

Elena Zaretskaya/Getty Images (NEW YORK) — Several major retailers are re-evaluating self-checkout for customers after analysts have seen inventory loss. “Retailers are really starting to use technology in order to look at the shrink problem,” [Read More…]

Antonio Masiello/Getty Images (NEW YORK) — Tesla CEO Elon Musk is seeking greater voting control of the electric carmaker, threatening to otherwise pursue major projects such as artificial intelligence outside of the company, he said in [Read More…]

Joseph Sohm; Visions of America/ Getty Images (NEW YORK) — In a dispiriting sign of the times, barely more than a quarter of Americans say the American dream still holds true — about half as [Read More…]

Anton Petrus/Getty Images (NEW YORK) — U.S. airstrikes against Houthi targets in Yemen on Thursday night escalated an ongoing conflict over a shipping route that holds significant implications for oil prices and inflation. The military [Read More…]

Eric Thayer/Bloomberg via Getty Images (WASHINGTON) — The Federal Aviation Administration announced it will take the significant step of increasing its oversight over Boeing and begin an immediate audit of Boeing’s production and manufacturing in [Read More…]

Westend61/Getty Images (NEW YORK) — Trading is set to begin for a new type of bitcoin fund that gives investors access to the crypto market without some of the hassle and fees of owning bitcoin [Read More…]

Mateusz Slodkowski/SOPA Images/LightRocket via Getty Images (WASHINGTON) — eBay will pay a $3 million criminal penalty for a campaign of harassment and intimidation undertaken by company executives that included anonymous home deliveries of a bloody [Read More…]

Javier Ghersi/Getty Images (NEW YORK) — Consumer prices rose 3.4% in December compared to a year ago, accelerating markedly from the previous month and defying a smooth path down to normal levels, a report from [Read More…]

Jon Challicom/Getty Images (WASHINGTON) — The Department of Transportation has announced $623 million in grants to support electric vehicle (EV) charging infrastructure across the country. “We’re at a moment now where the electric vehicle revolution [Read More…]