ABC Business News

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…]

MATTHEW HATCHER/AFP via Getty Images (DETROIT) — President Joe Biden said he will join the picket line, as a labor strike against the three largest motor vehicle manufacturers in the United States expanded on Friday. [Read More…]

MATTHEW HATCHER/AFP via Getty Images (DETROIT) — A labor strike against the three largest motor vehicle manufacturers in the United States expanded on Friday as 38 new strike locations were announced targeting Stellantis and General [Read More…]

MATTHEW HATCHER/AFP via Getty Images (DETROIT) — A labor strike against the three largest motor vehicle manufacturers in the United States could expand if ongoing contract negotiations don’t move toward a deal by Friday. United [Read More…]

Kevin Dietsch/Getty Images (WASHINGTON) — The Commerce Department finalized the national security “guardrails” in which recipients who receive CHIPS and Science Act funding must abide by. The CHIPS and Science Act was passed last year [Read More…]

Victoria Jones/PA Images via Getty Images (NEW YORK) — Rupert Murdoch is stepping down as chairman of Fox Corporation and News Corp., Fox has announced. His son, Lachlan Murdoch, will become the chair of News [Read More…]

Oscar Mayer (NEW YORK) — Nostalgia wins in the court of cars and cold cuts. After the iconic hot dog on wheels for Oscar Mayer was rebranded as the Frankmobile earlier this summer — specifically [Read More…]

Mike Dobuski/ABC News (DETROIT) — The Detroit Auto Show is underway this week, against the backdrop of an historic strike effort from unionized auto workers. Almost every year since 1907, Detroit has played host to [Read More…]

Bloomberg Creative/Getty Images (WASHINGTON) — The Federal Reserve left its benchmark interest rate unchanged on Wednesday, pausing an aggressive inflation fight amid growing optimism that the United States can achieve normal price levels without falling into [Read More…]

Kraft Heinz (NEW YORK) — Food company Kraft Heinz has issued a voluntary recall after nearly 84,000 slices of processed individually-wrapped American cheese were deemed to potentially contain choking hazards. “The voluntary recall comes as [Read More…]

Bloomberg Creative/Getty Images (WASHINGTON) — Upon announcing the Federal Reserve’s latest rate-hike decision in July, Fed Chair Jerome Powell spoke at a lectern in Washington D.C. for 33 minutes before he dropped a bombshell: The [Read More…]

BojanMirkovic/Getty Images (NEW YORK) — According to the U.S. Small Business Administration, there are close to five million Hispanic-owned businesses in the United States that contribute over $800 billion to the U.S. economy annually. To [Read More…]

Nipitpon Singad / EyeEm/Getty Images (NEW YORK) — You can now plan to kick off your holiday shopping as early as October! Following Amazon’s announcement of Prime Big Deal Days, Walmart and Target have released [Read More…]

Catherine McQueen/Getty Images (NEW YORK) — While the joy of raising a child is priceless, the actual dollars and cents cost of it all is sharply on the rise, a new study shows. The average [Read More…]

Bill Pugliano/Getty Images (DETROIT) — United Auto Workers President Shawn Fain said the union’s strike will expand if “serious progress” isn’t made in the contract negotiations with automakers by Friday. Fain said in a Monday [Read More…]

David Paul Morris/Bloomberg via Getty Images (NEW YORK) — Society may be getting one step closer to the flying commuter vehicles made famous in the animated series The Jetsons, as Ohio just announced that hundreds [Read More…]

Brandon Bell/Getty Images (NEW YORK) — An August cyberattack on Clorox caused “wide-scale disruptions” in its operations, which could mean product delays and shortages, according to a securities filing Monday. The Clorox Company, known for [Read More…]

Bill Pugliano/Getty Images (DETROIT) — A labor strike against the three largest motor vehicle manufacturers in the United States carried into a fourth day on Monday amid ongoing negotiations to reach a deal. The United [Read More…]