ABC Business News

Javier Ghersi/Getty Images (NEW YORK) — U.S. economic growth accelerated over three months ending in June, blowing past economist expectations and rebuking concern about a possible recession. The U.S. gross domestic product grew by a [Read More…]

United Airlines (NEW YORK) — United Airlines announced Thursday that it is the first U.S. airline to add Braille to its aircraft cabin interiors. The airline has about a dozen planes outfitted with Braille already, [Read More…]

Javier Ghersi/Getty Images (NEW YORK) — Fears of a recession have cast a thundercloud over the economy for many months but forecasters sun-kissed by falling inflation and a robust jobs market have grown optimistic about [Read More…]

Alex Wong/Getty Images (WASHINGTON) — U.S. Federal Reserve Chair Jerome Powell told reporters Wednesday that the Fed staff no longer forecasts a recession for the U.S., and there is a chance inflation could return to target [Read More…]

Bloomberg Creative/Getty Images (WASHINGTON) — The Federal Reserve raised its benchmark interest rate another 0.25% on Wednesday, reviving its inflation fight despite a significant cooldown of price increases in recent months. The rate hike brought the [Read More…]

Javier Ghersi/Getty Images (NEW YORK) — Alarm over a possible recession has blared for well over a year, but in recent months a cooldown of inflation alongside resilient job gains has quieted the din. Growing [Read More…]

ABC News (NEW YORK) — For couples ready to take that next step together, there’s nothing like planning a wedding — then going into sticker shock after discovering just how much it’s going to cost. [Read More…]

Bloomberg Creative/Getty Images (WASHINGTON) — The Federal Reserve on Wednesday will decide whether to revive an aggressive series of interest rate hikes and may indicate a willingness to soon end its full-throttle inflation fight. Last [Read More…]

Javier Ghersi/Getty Images (NEW YORK) — Alarm over a possible recession has blared for well over a year, but in recent months a cooldown of inflation alongside resilient job gains has quieted the din. Growing [Read More…]

Greg Bajor/Getty Images (NEW YORK) — If you travel often, you’ve probably heard the rule of thumb, to book during the opposite season — sort of like Christmas in July or buying a winter coat [Read More…]

400tmax/Getty Images (NEW YORK) — UPS and the International Brotherhood of Teamsters, a union representing about 330,000 UPS employees in the U.S., have reached a tentative collective bargaining agreement. Contract negotiations between UPS and the Teamsters [Read More…]

Stella/Getty Images (NEW YORK) — Books, binders, pens and pencils are just a few of the necessities students across the country will need as the upcoming school year awaits. But a lengthy list of school [Read More…]

Jaap Arriens/NurPhoto via Getty Images (NEW YORK) — TikTok has added a new feature that allows users to create text-only posts with the change coming just a day after Twitter rebranded itself and less than [Read More…]

Hanna Lassen/Getty Images (NEW YORK) — Greta Gerwig’s Barbie defied a sluggish pandemic recovery at movie theaters to rake in $155 million domestically over its opening weekend. The haul made it the highest-grossing debut of [Read More…]

Rafael Henrique/SOPA Images/LightRocket via Getty Images (NEW YORK) — The signature blue bird perched atop social media platform Twitter vanished on Sunday as part of a company rebrand under a new name: X. The revamp [Read More…]

Harun Ozalp/Anadolu Agency via Getty Images (NEW YORK) — Netflix revealed blockbuster subscriber growth in a quarterly earnings report this week, but since then the company’s shares have plummeted more than 20%. The reaction on [Read More…]

Catherine McQueen/Getty Images (NEW YORK) — Just two days after a winning ticket was sold for the $1 billion Powerball, another lucky person has a chance at a mega-lottery drawing Friday. The Mega Millions jackpot [Read More…]

Yuichiro Chino/Getty Images (NEW YORK) — When Justin Harrison suffered a nasty bout of strep throat two weeks ago, he said he received a barrage of text messages from his mom urging him to take [Read More…]

Qi Yang/Getty Images (NEW YORK) — While experts disagree about whether AI poses an existential threat, Dan Hendrycks, a researcher and the director of the Center for AI Safety, or CAIS, is among those who [Read More…]

Javier Ghersi/Getty Images (NEW YORK) — As long-standing recession alarms continue to blare from some forecasters, investors don’t appear to hear them. The S&P 500 — the index that most people’s 401(k)s track — has [Read More…]