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ABC Business News

US economy added 263K jobs in September
Catherine McQueen/Getty Images (WASHINGTON) — U.S. employers added 263,000 jobs in September and the unemployment rate fell slightly to 3.5% from 3.7%. Economists were predicting a gain of 250,000 jobs last month. Notable job gains [Read More…]

Elon Musk accuses Twitter of refusing his renewed offer at original price
Michael Gonzalez/Getty Images (NEW YORK) — Elon Musk accused Twitter on Thursday of failing to accept his restored offer to purchase the social media platform at the original price of $54.20 per share. The billionaire [Read More…]

What does the OPEC+ oil cut mean for US gas prices?
Michael Godek/Getty Images (NEW YORK) — An alliance of oil-producing countries on Wednesday announced a dramatic cut in oil output with major implications for U.S. gas prices, industry analysts told ABC News. The group of [Read More…]

How to secure last-minute deals for holiday travel
Craig Hastings/Getty Images (NEW YORK) — The Thanksgiving and Christmas holidays are shaping up to be the most expensive for travelers in recent years, and experts say the clock is ticking to find last minute [Read More…]

What’s behind rise of women in US manufacturing amid industry revival?
Nitat Termmee/Getty Images (NEW YORK) — A surge of women in the manufacturing industry in recent years has punctured the stereotypes of who is working in American factories, data shows. During the 2010s, the share [Read More…]

McDonald’s leans into value, added promotions amid inflation, adds new ‘adult happy meal’
ABC News (NEW YORK) — As American families face mounting food prices amid rising inflation, fast food companies like McDonald’s are looking for more ways to add value. “The impact of inflation is really challenging; [Read More…]

Student loan forgiveness: Key dates and details so far
jayk7/Getty Images (WASHINGTON) — Within days, millions of Americans are expected to be able to take their first steps to cancel up to $20,000 in debt under President Joe Biden’s federal student loan forgiveness program [Read More…]

Meet the women who went viral for delivering a resume cake to Nike headquarters
Denise Baldwin (NEW YORK) — Getting a foot in the door at a company is a huge step for any job seeker. And one woman’s clever concept involving a cross-country pastry ploy quickly went viral [Read More…]

Hurricane Ian could cause $75 billion in damage
Ricardo Arduengo/AFP via Getty Images (NEW YORK) — Hurricane Ian flooded cities and devastated homes across Florida and coastal South Carolina, leaving destruction in its wake. Search-and-rescue missions are ongoing as the death toll climbed [Read More…]

Why the all-new Corvette Z06 is breaking barriers
Chevrolet (PITTSBURGH) — Tadge Juechter has spent nearly 30 years perfecting every generation of the Corvette. With the Z06, the latest Corvette to roll off the assembly line in Kentucky, he and his team of [Read More…]

Hurricane Ian’s damage will reach up to $65 billion
Ricardo Arduengo/AFP via Getty Images (NEW YORK) — Hurricane Ian flooded major cities and devastated homes after it made landfall in Florida — but the damage isn’t done. After temporarily becoming a tropical storm, Hurricane [Read More…]

Turkey prices soar ahead of Thanksgiving, what consumers can expect
Juanmonino/Getty Images (NEW YORK) — The centerpiece for Thanksgiving tables across the country will cost more than ever this holiday season. The American Farm Bureau Federation announced Wednesday that “families can expect to pay record [Read More…]

Many people evacuating Hurricane Ian face dire financial choices
Franz Marc Frei/Getty Images (NEW YORK) — Fleeing Hurricane Ian, Kallie Collins, her fiance and four of her children flew out of Tampa Bay on Tuesday hours before the airport halted flights. However, her fifth [Read More…]

Hurricane Ian could cripple Florida’s home insurance industry
Eva Marie Uzcategui/Bloomberg via Getty Images (NEW YORK) — Hurricane Ian could cripple Florida’s already-fragile homeowners insurance market. Experts say a major storm like Ian could push some of those insurance companies into insolvency, making [Read More…]

What Hurricane Ian means for food and gas prices
Tetra Images/Getty Images (NEW YORK) — As elevated prices for oil and gas strain U.S. households, the country faces a weather event that some fear will send the costs of these essentials even higher: Hurricane [Read More…]

How low the stock market could fall and what investors should do, according to experts
Matteo Colombo/Getty Images (NEW YORK) — A year of sharp declines for the stock market reversed over the summer, giving stocks a much-needed rebound. But a bout of deep losses across the major stock indices [Read More…]

Costco keeps hot dog and soda combo at $1.50 price possibly ‘forever’ CFO announces
Smith Collection/Gado via Getty Images, FILE (NEW YORK) — If you grew up in a household with a Costco membership, chances are you can instantly recall sampling everything from spinach- and cheese-filled ravioli to electrolyte [Read More…]

US consumer confidence rises more than expected in September, defying recession fears
Oscar Wong/Getty Images (NEW YORK) — U.S. consumer confidence rose more than expected this month, extending a rebound in sentiment that began with a jump in August. The growing confidence in the U.S. economy defies [Read More…]

Amazon Prime early access sale: Start saving big this October
NurPhoto via Getty Images (NEW YORK) — Amazon has announced a second Prime event happening next month, just ahead of the busy holiday season. The retail giant has introduced Amazon Prime’s early access sale which [Read More…]

Latinos across industries fight for fair labor practices
Pay Our Interns (NEW YORK) — On hot days, some over 100 degrees, workers spend hours harvesting fruits and vegetables for very little money — produce that ends up on kitchen tables of people across [Read More…]