ABC Business News

President of the International Brotherhood of Teamsters Sean O’Brien speaks on the first day of the Republican National Convention, July 15, 2024, in Milwaukee. (Chip Somodevilla/Getty Images) (NEW YORK) — Vice President Kamala Harris has [Read More…]

Javier Ghersi/Getty Images (NEW YORK) — Fresh inflation data on Wednesday will show whether the U.S. has extended a monthslong stretch of progress in the fight to slow price increases. The latest price reading is [Read More…]

RapidEye/Getty Images (NEW YORK) — Are a 1938 Alfa Romeo 8C 2900B Lungo Spider and a 1960 Ferrari 250 GT SWB California enough to convince wealthy collectors to shell out millions of dollars at California’s [Read More…]

A sign is posted in front of a Chuck E. Cheese pizza restaurant on Dec. 18, 2023 in Hayward, Calif. (Justin Sullivan/Getty Images, FILE) (NEW YORK) — Chuck E. Cheese has just the ticket for [Read More…]

Nadija Pavlovic/Getty Images (NEW YORK) — Junk, resort, destination, urban, and amenity fees are pseudonyms for the mandatory, often unexpected surcharges you might find tackled on your hotel bill. According to the Council of Economic [Read More…]

Bloomberg Creative/Getty Images (NEW YORK) — Former President Donald Trump recently said the president should have a role in setting interest rates that determine costs for everything from mortgages to credit card loans. The proposal [Read More…]

Krispy Kreme (NEW YORK) — Although the first day of fall is still over a month away on the calendar, food and beverage brands are betting big on their seasonal bestsellers early, rolling out the [Read More…]

Berkah/Getty Images (NEW YORK) — Volatility overtook the stock market last week, amplifying worries about a possible recession and stoking panic among investors. By the end of the week, however, the markets had almost fully [Read More…]

Carol Yepes/Getty Images (WASHINGTON) — In an effort to beef up protections for consumers against corporations, the Biden administration on Monday announced a handful of policies to crack down on “headaches and hassles that waste [Read More…]

Andrew Harnik/Getty Images (NEW YORK) — This week, hours after Vice President Kamala Harris announced Minnesota Gov. Tim Walz as her running mate in the 2024 election, the website domain “HarrisWalz.com” sold for $15,000. It [Read More…]

Thomas Northcut/Getty Images (NEW YORK) — Mortgage rates this week dropped to their lowest level in more than a year, delivering some long-sought relief for homebuyers. The average interest rate for a 30-year fixed mortgage [Read More…]

Customers wait in line to check out purchases at Costco store on June 28, 2023 in Teterboro, New Jersey. (Kena Betancur/VIEWpress/Corbis via Getty Images) (NEW YORK) — When customers walk in to shop at Costco [Read More…]

CosMc’s (NEW YORK) — CosMc’s, a new small-format beverage-led concept from McDonald’s, has officially opened in San Antonio, Texas. Starting Thursday, patrons in the Alamo City will be among the first to try the new [Read More…]

Adam J. Dewey/Anadolu via Getty Images (WASHINGTON) — The major party vice presidential nominees — Democrat Tim Walz and Republican JD Vance — sharply disagree on a range of issues. The differences in their personal [Read More…]

Stephen Maturen/Getty Images (Bloomington, Minn.) — Minnesota Gov. Tim Walz, the Democratic vice presidential nominee, has enacted economic policies in the state on key issues like job creation and taxes. The track record, stretching back [Read More…]

Photo by Jaap Arriens/NurPhoto via Getty Images (NEW YORK) — Stock market gyrations this week came after a disappointing jobs report stoked concerns about an economic slowdown. The uncertainty drew heightened attention as the U.S. [Read More…]

Vice President Kamala Harris delivers an address on Artificial Intelligence policy at the U.S. embassy, Nov. 1, 2023, in London. (Carl Court/Getty Images) (NEW YORK) — After several of its brightest stars declared support for [Read More…]

Javier Ghersi/Getty Images (NEW YORK) — Stock prices worldwide seesawed dramatically this week, forcing investors to keep up with sudden turns in the market and weather fears of an economic slowdown. The S&P 500 on [Read More…]

Jason Marz/Getty Images (WASHINGTON) — Google violated U.S. antitrust laws in maintaining a monopoly over the online search business, a federal judge ruled Monday, in a landmark ruling for the Justice Department in its efforts [Read More…]

Matteo Colombo/Getty Images (NEW YORK) — Stocks plummeted on Monday as markets worldwide reckoned with a disappointing jobs report last week that fueled concern of a possible recession. When markets opened on Monday morning, the [Read More…]