Category Added in a WPeMatico Campaign
ABC Business News
![](https://kks50d.p3cdn1.secureserver.net/wp-content/uploads/2023/01/GettyEditRF29_011823_microsoft-326x245.jpeg)
Microsoft is laying off 10,000 workers amid tech downturn
NicolasMcComber/Getty Images (NEW YORK) — Microsoft said it will lay off 10,000 employees this year, the latest tech firm to slash jobs as the sector contracts after a pandemic-era boom. The layoffs will affect nearly [Read More…]
![](https://kks50d.p3cdn1.secureserver.net/wp-content/uploads/2023/01/Getty_011823_trumpflags-326x245.jpeg)
Trump requests meeting with Meta to discuss ‘prompt reinstatement’ to Facebook
Eva Marie Uzcategui/Bloomberg via Getty Images (NEW YORK) — Former President Donald Trump is looking to get back on Facebook. Attorneys for Trump, who was banned from Facebook after the Jan. 6 insurrection, have written [Read More…]
![](https://kks50d.p3cdn1.secureserver.net/wp-content/uploads/2023/01/GETTYRF_92222_AdjustingThermostat-326x245.jpg)
Here’s why your natural gas bills could be much higher this winter
Tetra Images/Getty Images (NEW YORK) — Even as U.S. households begin to enjoy relief from inflation woes, a spike in heating bills could crunch budgets this winter due to a rise in natural gas prices. [Read More…]
![](https://kks50d.p3cdn1.secureserver.net/wp-content/uploads/2023/01/GETTYRF_9822_UsingSmartphone-326x245.jpg)
Collection of voice data for profit raises privacy fears
Karl Tapales/Getty Images (NEW YORK) — A customer-service center uses artificial intelligence to identify a caller’s agitation, an insurance company scans voice data to flag illness and raise rates, a five-star restaurant denies a reservation [Read More…]
![](https://kks50d.p3cdn1.secureserver.net/wp-content/uploads/2023/01/GettyImages_Delta_011723-326x245.jpg)
Delta denies customer refund backlog after company tweeted that it was ‘months’ behind
Urbanandsport/NurPhoto via Getty Images (NEW YORK) — As the Department of Transportation increases its call on airlines to promptly refund passengers, Delta Air Lines is telling some people on social media that it could be [Read More…]
![](https://kks50d.p3cdn1.secureserver.net/wp-content/uploads/2023/01/corvette-car-side-ho-mz-09-230116_1673883811524_hpEmbed_4x3_99228129-326x245.jpg)
First hybrid Corvette unveiled: What to know about the E-Ray
Chevrolet (NEW YORK) — Seventy years and eight generations later, the fabled, mesomorphic Corvette will join the world of electrification with the “E-Ray,” a hybrid sports car that bolts from 0-60 mph in 2.5 seconds, [Read More…]
![](https://kks50d.p3cdn1.secureserver.net/wp-content/uploads/2023/01/GettyRF_011623_energybills-326x245.jpeg)
Three tips to save money on your energy bills this winter
MStudioImages/Getty Images (NEW YORK) — Electricity bills are a fact of life for many Americans, but with energy prices expected to rise in many parts of the country, you may be looking for a way [Read More…]
![](https://kks50d.p3cdn1.secureserver.net/wp-content/uploads/2023/01/GettyImages-1246185150-326x245.jpg)
Company creates 2 artificial intelligence interns: ‘They are hustling and grinding’
Bloomberg/Getty Images (NEW YORK) — Artificial intelligence isn’t just making inroads in technology. Soon, AI may replace human beings in jobs as evidenced by one company that has created two AI interns. Kyle Monson, co-founder [Read More…]
![](https://kks50d.p3cdn1.secureserver.net/wp-content/uploads/2023/01/GettyImages-1006810956-326x245.jpg)
Tesla slashes car prices as much as 20%
Smith Collection/Getty Images (NEW YORK) — Electric vehicle company Tesla slashed the price of its cars across global markets as much as 20%, the automaker announced on Thursday night. The move aims to bolster demand [Read More…]
![](https://kks50d.p3cdn1.secureserver.net/wp-content/uploads/2023/01/GETTYRF_72822_GavelMoneyAuction-1-326x245.jpg)
Trump Organization sentenced to maximum fine following tax fraud conviction
RapidEye/Getty Images (NEW YORK) — Former President Donald Trump’s namesake family real estate firm was sentenced to the maximum allowable fine Friday in New York following its conviction on 17 counts, include a 13-year scheme [Read More…]
![](https://kks50d.p3cdn1.secureserver.net/wp-content/uploads/2023/01/GETTYRF_72822_GavelMoneyAuction-326x245.jpg)
Trump Organization to be sentenced following tax fraud conviction
RapidEye/Getty Images (NEW YORK) — Former President Donald Trump’s namesake family real estate firm will be sentenced Friday in New York following its conviction on 17 counts, include a 13-year scheme to defraud. The company [Read More…]
![](https://kks50d.p3cdn1.secureserver.net/wp-content/uploads/2023/01/GettyRF_011322_eggs-326x245.jpeg)
Egg prices reach historic highs amid avian flu outbreak, inflation woes
d3sign/Getty Images (NEW YORK) — Fans of three-egg omelets and bacon-egg-and-cheese sandwiches have more to worry about than just high cholesterol. The wholesale price of a dozen eggs has more than quadrupled year over year, [Read More…]
![](https://kks50d.p3cdn1.secureserver.net/wp-content/uploads/2023/01/GETTYRF_GavelCourt3-326x245.jpg)
City National Bank to pay $31M in redlining settlement with DOJ
Marilyn Nieves/Getty Images (WASHINGTON) — The U.S. Department of Justice announced a $31 million settlement with City National Bank over allegations that the Los Angeles-based bank engaged in “redlining” – a pattern of lending discrimination [Read More…]
![](https://kks50d.p3cdn1.secureserver.net/wp-content/uploads/2023/01/GettyImages_SBF_011227-326x245.jpg)
5 takeaways from Sam Bankman-Fried’s surprising Substack blog post
Lev Radin/Pacific Press/LightRocket via Getty Images (NEW YORK) — Stuck in house arrest and awaiting trial, disgraced crypto executive Sam Bankman-Fried spoke out on Thursday with the most extensive remarks since his arrest a month [Read More…]
![](https://kks50d.p3cdn1.secureserver.net/wp-content/uploads/2023/01/GETTYRF_81022_MoneyInflation-1-326x245.jpg)
Inflation cooled in December, bolstering hopes US can avert recession
Javier Ghersi/Getty Images (NEW YORK) — Consumer prices rose 6.5% last month compared to a year ago, extending a months-long slowdown of price hikes and bolstering hopes that the U.S. can avert a recession. Year-over-year [Read More…]
![](https://kks50d.p3cdn1.secureserver.net/wp-content/uploads/2023/01/GETTYRF_81022_MoneyInflation-326x245.jpg)
Inflation data to show whether prices continued cooling in December
Javier Ghersi/Getty Images (NEW YORK) — Inflation data set for release Thursday will show whether months of cooling price increases continued in December. Evidence of further slowing would ease the strain on household budgets and [Read More…]
![](https://kks50d.p3cdn1.secureserver.net/wp-content/uploads/2023/01/GETTYRF_41922_1040Forms252028129-326x245.jpg)
Brace yourself for a smaller refund as COVID-era tax breaks expire
courtneyk/Getty Images (NEW YORK) — If you were banking on a hefty tax refund this year, think again. The expiration of COVID-era tax breaks means millions of Americans may get smaller refunds when they file [Read More…]
![](https://kks50d.p3cdn1.secureserver.net/wp-content/uploads/2023/01/GettyImages_FTXArena_011123-326x245.jpg)
FTX naming-rights agreement for Miami Heat arena terminated in bankruptcy court
Matias J. Ocner/Miami Herald/Tribune News Service via Getty Images (MIAMI) — The arena where the Miami Heat play can now get a new name following the collapse of cryptocurrency exchange FTX. A federal bankruptcy judge [Read More…]
![](https://kks50d.p3cdn1.secureserver.net/wp-content/uploads/2023/01/GettyRF_011123_carkeys-326x245.jpeg)
Car insurance rates to rise 8.4% in 2023: Report
Image by Marie LaFauci/Getty Images (NEW YORK) — As cooling inflation offers consumers much-needed relief, many car owners are in for a rude awakening when insurance renewal arrives this year, a new report found. Car [Read More…]
![](https://kks50d.p3cdn1.secureserver.net/wp-content/uploads/2023/01/GETTYRF_72222_CashStocks252028129-326x245.jpeg)
Here’s what House Speaker McCarthy’s chaotic election means for the economy and debt ceiling
Javier Ghersi/Getty Images (NEW YORK) — House Speaker Kevin McCarthy, R-Calif., emerged with gavel in hand on Saturday after fierce Republican negotiations, but the concessions he made in the process have heightened concern over a [Read More…]