ABC Business News

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…]

Noel Hendrickson/Getty Images (NEW YORK) — Millions of Americans rely on the Supplemental Nutrition Assistance Program, or SNAP, for benefits to supplement their grocery budget to afford nutritious foods. As of Oct. 1, the program [Read More…]

Catherine McQueen/Getty Images (NEW YORK) — An estimated $1.04 billion jackpot is up for grabs in the next Powerball drawing on Monday night. It’s the fourth-largest purse in the American lottery game’s history and the [Read More…]

Grace Cary/Getty Images (LOS ANGELES) — Gasoline prices in California are skyrocketing. The average price of a gallon of gas in California on Friday reached $6.08, up some 80 cents or 15% since a month [Read More…]

John Keeble/Getty Images (SAN FRANCISCO) — The U.S. Equal Employment Opportunity Commission filed a federal lawsuit Thursday against Tesla, alleging the company engaged in racial harassment and discrimination. The complaint, which was filed in the [Read More…]

Scott Olson/Getty Images (DETROIT) — A labor strike against the three largest motor vehicle manufacturers in the United States is expected to be expanded further on Friday amid ongoing contract negotiations. If no deal is [Read More…]

jayk7/Getty Images (NEW YORK) — In the first week of October, Kennedy Quintanilla will do something she has not had to do since graduating from college two years ago: make a student loan payment. “Reality [Read More…]

aluxum/Getty Images (NEW YORK) — A New York judge ordered the cancellation of the business certificates for firms in the state owned by former President Donald Trump and others associated with the Trump Organization, casting [Read More…]

David Livingston/Getty Images (NEW YORK) — The Alliance of Motion Picture and Television Producers (AMPTP) and Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA) will be heading back into negotiations on Monday, Oct. [Read More…]

Costco (NEW YORK) — Costco shoppers might want to check their home pantry to ensure any broth they may have purchased from the big box retailer is not impacted by a recent recall. In a [Read More…]

Mario Tama/Getty Images (NEW YORK) — After 148 days, leaders of the Writers Guild of America have unanimously voted to lift its strike, allowing writers to return to work Wednesday, Sept. 27. “The WGAW Board [Read More…]

Mint Images/Getty Images (NEW YORK) — The Federal Trade Commission and 17 state attorneys general filed a lawsuit against Amazon on Tuesday, accusing the company of illegally maintaining its monopoly power “to inflate prices, degrade [Read More…]

Kinga Krzeminska/Getty Images (NEW YORK) — Shoppers who rely on the Supplemental Nutrition Assistance Program, or SNAP, a federal program to provide food benefits to low-income households, will soon have even easier options for online [Read More…]

Jason Marz/Getty Images (NEW YORK) — A group of prominent authors joined a proposed class action lawsuit filed against OpenAI over allegations that products like ChatGPT make illegal use of their copyrighted work, setting off [Read More…]

Allen J. Schaben / Los Angeles Times via Getty Images (LOS ANGELES) — The Writers Guild of America reached a tentative deal with the major film and TV studios on Sunday, effectively ending a strike [Read More…]

Allen J. Schaben / Los Angeles Times via Getty Images (LOS ANGELES) — Unions representing thousands of Hollywood movie and television writers reached a “tentative” deal with major studios on Sunday, ending a strike that [Read More…]

Aston Martin (NEW YORK) — For decades, the fictional spy James Bond helped boost sales of Aston Martin’s beautifully designed sports cars and grand tourers. Now, the 110-year-old British marque has found a new star to [Read More…]