ABC Business News

Spencer Platt/Getty Images (NEW YORK) — Birkenstock took a big step forward on Wall Street this week, taking the nearly 250-year-old German shoe and sandal maker public. The footwear, often seen as a counter culture [Read More…]

Tetra Images/Getty Images (NEW YORK) — Consumer prices rose 3.7% in September compared to a year ago, holding steady from the previous month and running hotter than economists had expected. While inflation has fallen significantly [Read More…]

Westend61/Getty Images (NEW YORK) — There is growing fraud online in which scammers manufacture other identities to dupe financial institutions or their customers out of money — and the crimes are only expected to grow [Read More…]

Tetra Images/Getty Images (NEW YORK) — Inflation data to be released on Thursday will show whether price increases cooled or accelerated in September, offering the latest snapshot of expenses faced by U.S. households as the [Read More…]

Bloomberg/Getty Images (NEW YORK) — FTX founder Sam Bankman-Fried believed in utilitarianism and thought rules against lying or stealing inhibited his ability to maximize the greatest benefit for the most people, his former girlfriend and [Read More…]

IronHeart/Getty Images (NEW YORK) — Mortgage rates stand at their highest level in more than two decades. The average rate for credit card holders tops anything on record at the Federal Reserve. Car loans have [Read More…]

Catherine McQueen/Getty Images (WASHINGTON) — The Federal Trade Commission is proposing a new rule that seeks to eliminate junk fees — those hidden costs that can unexpectedly push up prices consumers pay at checkout. The [Read More…]

Momen Faiz/NurPhoto via Getty Images (NEW YORK) — Oil prices have climbed over fears the Israel-Hamas war could embroil the wider petroleum-producing Gulf region and threaten global output. The global Brent oil benchmark rose nearly 5% [Read More…]

Catherine McQueen/Getty Images (NEW YORK) — The latest Powerball numbers for Monday’s $1.5 billion prize have been selected, but no one got all of them. Monday night’s winning numbers were 16, 34, 46, 55, 67 [Read More…]

Courtesy of Danny Casale. (NEW YORK) — If you’re feeling unseen because you are not doing what others in society are expecting you to do, whether socializing on the weekends, or figuring out life as [Read More…]

Catherine McQueen/Getty Images (NEW YORK) — No Powerball jackpot winner was declared in Saturday’s Powerball drawing which means the prize has soared to an estimated $1.55 billion for the next drawing. The winning numbers drawn [Read More…]

Kwanchai Lerttanapunyaporn / EyeEm/Getty Images (WASHINGTON) — U.S. employers continued hiring in September, despite increased interest rates and an uncertain economic outlook. Employers added 336,000 jobs last month, according to the latest report from the [Read More…]

Catherine McQueen/Getty Images (NEW YORK) — An estimated $1.4 billion jackpot is up for grabs in the next Powerball drawing on Saturday night. It’s the third-largest purse in the American lottery game’s history. It’s also [Read More…]

Nathan Howard/Getty Images (NEW YORK) — The Securities and Exchange Commission on Thursday sought to force Elon Musk to sit for a deposition as part of an ongoing investigation about his purchase of Twitter, now [Read More…]

Catherine McQueen/Getty Images (NEW YORK) — The Powerball frenzy was in full swing Wednesday as potential billionaires were lining up at kiosks across the nation with dreams of winning the $1.2 billion jackpot up for [Read More…]

Uber (NEW YORK) — Uber announced Wednesday that it will now offer customers the option to request a courier to return packages for them. The new offering is launching ahead of the upcoming holiday season [Read More…]

Catherine McQueen/Getty Images (NEW YORK) — Powerball frenzy was in full swing Wednesday as potential billionaires were lining up at kiosks across the nation with dreams of what they’ll do if they’re lucky enough to hit [Read More…]

Catherine McQueen/Getty Images (NEW YORK) — An estimated $1.2 billion jackpot is up for grabs in the next Powerball drawing on Wednesday night. It’s now the third-largest purse in the American lottery game’s history and [Read More…]

ABC News (NEW YORK) — The trial of Sam Bankman-Fried, FTX founder and former crypto billionaire, is set to begin Tuesday with jury selection after federal prosecutors accused him of orchestrating one of the largest [Read More…]

Patrick T. Fallon/AFP via Getty Images (NEW YORK) — An ongoing strike carried out by tens of thousands of autoworkers has cost the U.S. economy billions of dollars, denying workers their wages and cutting output [Read More…]