Category Added in a WPeMatico Campaign
ABC Business News
Waymo takes to the streets in more cities
A Jaguar I-Pace autonomous vehicle from Waymo is seen pulling over to collect a passenger, Aug. 1, 2024, in Los Angeles. — Alex Stone/ABC News (LOS ANGELES) — Waymo, the self-driving car division of Alphabet, [Read More…]
Fisher-Price recalling over 366K dumbbell toys due to potential choking hazard
Fisher-Price is recalling over 366,000 dumbbell toys that were sold as part of the brand’s Baby Biceps Gift Set. — United States Consumer Product Safety Commission (NEW YORK) — Toy giant Fisher-Price is recalling hundreds [Read More…]
California bill would allow undocumented immigrants paying taxes to get home loans
Grace Cary/Getty Images (NEW YORK) — A new bill that would allow some undocumented immigrants to receive loans to buy homes is sparking debate as it passes through the California Legislature. Assembly Bill 1840 would [Read More…]
United Airlines flight attendants vote to authorize strike: Will it impact travel?
Image Source/Getty Images (NEW YORK) — United Airlines flight attendants, represented by the Association of Flight Attendants, moved closer to a strike Wednesday after the union announced that 99.99% of service members voted in favor [Read More…]
What is a crew appreciation fee? Why one major cruise line is raising the price
David Sacks/Getty Images (NEW YORK) — This summer brought lots of buzz around “tourist taxes” and other fees that can get tacked on to normal travel expenses. Now, another fee that may be familiar to [Read More…]
Apple juice sold at Walmart in 25 states recalled due to elevated arsenic levels
Steve Heap/Getty Images (NEW YORK) — More than 9,500 cases of 100% apple juice that were sold at Walmart have been recalled due to high levels of arsenic. The U.S. Food and Drug Administration upgraded [Read More…]
High interest rates make hunt for a new home even more challenging
Grace Cary/Getty Images (NEW YORK) — Rising inflation has driven mortgage rates up, making it difficult for many Americans to find an affordable home. As a result, many potential buyers find themselves waiting for an [Read More…]
How much will the Fed cut interest rates? Experts weigh in
Andrew Harnik/Getty Images (WASHINGTON) — Borrowers eager for the Federal Reserve to abandon high interest rates could not have scripted a better four-word declaration than the one on Friday from Fed Chair Jerome Powell: “The [Read More…]
Mate Rimac is going to revolutionize the auto industry. Then he will take a vacation.
The Rimac Nevera electric hypercar holds more than 20 performance records. — Rimac Group (NEW YORK) — Mate Rimac has a tall order: trying to convince drivers that electric supercars are superior to combustion vehicles. [Read More…]
How a Canadian rail shutdown could worsen US inflation
Andrew Chin/Getty Images (NEW YORK) — Two major Canadian freight rail companies locked out thousands of workers on Thursday, shutting down cross-border shipping routes and risking serious damage for the U.S. economy, industry experts told [Read More…]
What’s next for Alaska, Hawaiian Airlines merger, how it could impact future flights
A Hawaiian Airlines airplane takes off near an Alaska Airlines airplane at Los Angeles International Airport (LAX), Dec. 5, 2023, in Los Angeles. (Eric Thayer/Bloomberg via Getty Images) (NEW YORK) — Hawaiian Airlines and Alaska [Read More…]
Harris plans to tackle inflation. Economists say the fight is nearly over.
Anna Moneymaker/Getty Images (WASHINGTON) — Vice President Kamala Harris has unveiled a comprehensive agenda focused on cooling inflation, but many economists consider the fight against price increases to be nearly finished. Inflation stands below 3% [Read More…]
Trump Media stock is plummeting. These shareholders don’t care
Anna Barclay/Getty Images (NEW YORK) — Trump Media & Technology Group’s stock dropped more than 11% this week, suffering from sour sentiment after a weak earnings report and the return of former President Donald Trump [Read More…]
What a Kamala Harris presidency could mean for electric vehicles
Jon Challicom/Getty Images (WASHINGTON) — On the road to the 2024 presidential election, Vice President Kamala Harris and former President Donald Trump’s views on electric vehicles (EVs) have offered two different visions of America’s automotive [Read More…]
Harris to propose up to $25K in down-payment support for 1st-time homebuyers
Justin Sullivan/Getty Images (RALEIGH, N.C.) — When Vice President Kamala Harris unveils her economic policy proposals in Raleigh, North Carolina, on Friday, it will include a proposal to provide up to $25,000 in down payment [Read More…]
Egg prices continue to soar by nearly 20%, new inflation data shows
d3sign/Getty Images (NEW YORK) — Slow and steady may win the race for a tortoise vs. a hare, according to Aesop’s Fables. However, in reality, this turn of phrase does not ring true when applied [Read More…]
Mars shakes up snack industry with $36B food merger to acquire Pringles maker
Packets of Pringles chips, manufactured by Kellanova, for sale at a supermarket in Palma de Mallorca, Spain, on Wednesday, Aug. 14, 2024. (Andrey Rudakov/Bloomberg via Getty Images) (NEW YORK) — As more consumers reach for [Read More…]
Wallace Amos Jr., founder of Famous Amos cookies, dies at 88
A box of Kellogg Co. Famous Amos brand chocolate chip and pecan cookies is arranged for a photograph in Ottawa, Illinois, U.S., on Monday, April 1, 2019. (Daniel Acker/Bloomberg via Getty Images) (NEW YORK) — [Read More…]
Why are investors turning to bonds? Experts weigh in
Spencer Platt/Getty Images (NEW YORK) — Stock market turmoil earlier this month prompted some investors to ditch stocks in favor of an alternative typically viewed as safer but less exciting: bonds. The renewed popularity of [Read More…]
Inflation cooled in July, reaching lowest level since March 2021
Javier Ghersi/Getty Images (NEW YORK) — Consumer prices rose 2.9% in July compared to a year ago, cooling slightly from the previous month and extending a monthslong slowdown of price increases. The fresh inflation reading [Read More…]