ABC Business News

Paul Weaver/SOPA Images/LightRocket via Getty Images (NEW YORK) — CVS Health and Walgreens on Wednesday said they had agreed in principle to pay about $10 billion in total to settle a series of opioid-related lawsuits [Read More…]

Paul Weaver/SOPA Images/LightRocket via Getty Images (NEW YORK) — CVS Health on Wednesday said it had agreed to a $5 billion settlement designed to “substantially resolve” opioid lawsuits against the pharmacy chain. “We are pleased [Read More…]

Bloomberg Creative/Getty Images (WASHINGTON) — Economists expect another jumbo-sized increase in borrowing costs when the Federal Reserve announces its interest rate decision on Wednesday. Mounting evidence suggests that previous rate hikes have slowed key areas [Read More…]

Jakub Porzycki/NurPhoto via Getty Images (NEW YORK) — A new study from Montclair State University showed a dramatic increase in hate speech on Twitter immediately following Elon Musk’s acquisition of the social media platform. Musk, [Read More…]

Avishek Das/SOPA Images/LightRocket via Getty Images (WASHINGTON) — A commissioner at the Federal Communications Commission on Tuesday called on the U.S. government to ban social media platform TikTok over concerns about how the China-owned app [Read More…]

Grace Cary/Getty Images, FILE (NEW YORK) — Midterm election results may come down to the price of a gallon of gas. Roughly half of Americans say either the economy or inflation is the most important [Read More…]

Tayfun Coskun / Anadolu Agency (NEW YORK) — Elon Musk, who spent months alternately courting and criticizing Twitter, ultimately acquired one of the world’s largest social media platforms days before the U.S. midterm elections. The [Read More…]

Craig Hastings/Getty Images (NEW YORK) — With less than a month until Thanksgiving and just under 60 days until Christmas, ’tis officially the season for holiday travel planning. Whether consumers are booking flights and hotels [Read More…]

IronHeart/Getty Images (NEW YORK) — With the holidays around the corner, are you looking for ways to take control of your budget? According to a viral hashtag with more than 376 million views on TikTok, [Read More…]

Peter Dazeley/Getty Images/STOCK (NEW YORK) — A New York City law will require companies with at least four employees to post salary ranges in job listings in an effort to increase pay transparency starting Tuesday. Employers [Read More…]

CARINA JOHANSEN/NTB/AFP via Getty Images (SAN FRANCISCO) — Tesla CEO Elon Musk has closed a deal to acquire Twitter, ending a monthslong saga that cast Musk as suitor, critic, legal adversary and ultimately owner of [Read More…]

CARINA JOHANSEN/NTB/AFP via Getty Images (NEW YORK) — Tesla CEO Elon Musk has closed a deal to acquire Twitter, ending a monthslong saga that cast Musk as suitor, critic, legal adversary and ultimately owner of [Read More…]

CARINA JOHANSEN/NTB/AFP via Getty Images (NEW YORK) — Tesla CEO Elon Musk reportedly closed a deal to acquire Twitter on Thursday, ending a monthslong saga that cast Musk as suitor, critic, legal adversary and ultimately [Read More…]

Mario Tama/Getty Images (NEW YORK) — As avian flu outbreaks continue to ravage poultry production in the U.S. and overseas, turkey availability has drastically dropped and experts say the devastating wave shows no signs of [Read More…]

Florian Roden / EyeEm/Getty Images (NEW YORK) — A union representing 6,000 rail workers said its members have voted against ratifying the tentative agreement brokered between rail companies, unions and members of President Joe Biden’s [Read More…]

Artur Widak/NurPhoto via Getty Images (NEW YORK) — Uber drivers will take fewer left turns and soon be able to record rides through their smartphones as the ride-share company makes changes geared toward safety in [Read More…]

Anton Petrus/Getty Images (WASHINGTON) — The U.S. economy expanded significantly to kick off the second half of the year, marking a dramatic reversal from the contraction experienced over the first six months, government data showed. [Read More…]

CARINA JOHANSEN/NTB/AFP via Getty Images (NEW YORK) — Tesla CEO Elon Musk, who appears set to acquire Twitter, said on Thursday that he plans to police some content on the platform that falls short of [Read More…]

Anton Petrus/Getty Images (WASHINGTON) — The U.S. economy is expected to have expanded significantly when the government releases data on Thursday, marking a dramatic reversal from the contraction experienced over the first half of the [Read More…]

Budrul Chukrut/SOPA Images/LightRocket via Getty Images (NEW YORK) — Meta, the parent company of Facebook, reported a second consecutive quarter of declining sales on Wednesday, as the company contends with a widespread drop in online [Read More…]