ABC Business News

Javier Ghersi/Getty Images (NEW YORK) — The U.S. economy is expected to have grown at a blistering pace over the three months ending in September, fueling optimism about the nation’s outlook but complicating the fight [Read More…]

fredrocko/Getty Images (NEW YORK) — Ford Motor and United Auto Workers union (UAW) have reached a tentative agreement that would end the strike at Ford, both parties confirmed Wednesday night. “Record profits mean record contracts. [Read More…]

Greg Bajor/Getty Images (NEW YORK) — Being a frequent flyer has gotten crowded and the rewards for being a repeat customer are seeing major changes. Frontier Airlines is the latest to join the growing list [Read More…]

LPETTET/Getty Images (NEW YORK) — AMC Theatres is adding a bit of mystery to the moviegoing experience. On Tuesday, the theater chain announced its first Screen Unseen event, which it said allows customers to watch [Read More…]

onurdongel/Getty Images (NEW YORK) — For travelers who wish they could squeeze in a final hug or few more minutes at the gate with friends or family before departing on their holiday flights, one airport [Read More…]

JohnFScott/Getty Images (NEW YORK) — Starbucks, McDonald’s and other major companies have touched off controversy tied to the Israel-Hamas war, exemplifying the corporate challenges posed by the high-stakes and politically charged conflict. Starbucks sued its [Read More…]

Universal Images Group via Getty Images (TALLAHASSEE, FLORIDA) — The decision by children’s book publisher Scholastic to create a separate, optional section for its elementary school book fairs for titles written predominantly by and about [Read More…]

CPSC (NEW YORK) — The U.S. Consumer Product Safety Commission has announced a recall of more than 60,000 biometric gun safes because of a programming feature that “can allow unauthorized access to the safes.” At [Read More…]

CPSC (NEW YORK) — Fisher-Price is recalling about 21,000 units of some of their popular Thomas & Friends toys. Parents and customers are being advised to stop using Thomas & Friends Wooden Railway Troublesome Truck [Read More…]

ABC News (NEW YORK) — The 30-year fixed mortgage rate this week climbed to 8%, reaching that level for the first time since 2000, according to Mortgage News Daily. The milestone arrives after months of rate [Read More…]

EllenMoran/Getty Images (NEW YORK) — Good news for flyers who opt for the window seat — your boarding zone will soon be prioritized on United Airlines. According to an internal memo from the Chicago-based carrier [Read More…]

GMVozd/Getty Images (NEW YORK) — With just over one month remaining until Thanksgiving and the start of the winter holiday season, Americans are already eyeing grocery prices to gauge how much their festive gatherings are [Read More…]

simonkr/Getty Images (NEW YORK) — Nearly half of all injuries reported from electric bikes in the last six years took place in 2022, according to a new report from the Consumer Product Safety Commission (CPSC). [Read More…]

Craig Hastings/Getty Images (NEW YORK) — As travelers race to book flights for the holidays, Southwest Airlines has announced new changes that will make it easier to earn higher status, with better access to upgrades [Read More…]

Fatih Aktas/Anadolu via Getty Images (NEW YORK) — Since war broke out between Israel and Hamas last week, a Palestinian-American apparel store owner in San Diego, California, has received a spate of death threats online, she [Read More…]

pawel.gaul/Getty Images (NEW YORK) — As war broke out in recent days with a Hamas attack and an Israeli response that has left an estimated more than 4,100 people dead in Israel and Gaza, gruesome [Read More…]

IronHeart/Getty Images (NEW YORK) — One of the nation’s largest drugstore chains has voluntarily initiated the Chapter 11 process for bankruptcy protection. Rite Aid announced Sunday that the company had reached an agreement with creditors [Read More…]

Grace Cary/Getty Images (WASHINGTON) — Major housing industry groups voiced “profound concern” in a letter this week urging the Federal Reserve to stop raising interest rates. The rare public admonishment from top business advocates — [Read More…]

Paul Weaver/SOPA Images/LightRocket via Getty Images (NEW YORK) — Variety discount store Family Dollar recently initiated multiple recalls on products ranging from over-the-counter drugs to toothpaste sold at regional chains in nearly two dozen states. [Read More…]

Omer Keilaf, CEO and co-founder of the Israeli-based tech startup Innoviz Technologies. — David Garb/Innoviz Technologies (NEW YORK) — Israel’s government is mobilizing 360,000 reservists as the nation responds to the sudden attack by Palestinian [Read More…]