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ABC Business News
Disney unveils new scene for highly anticipated “The Princess and the Frog” attraction
Disney (NEW YORK) — Disney unveiled a new rendering of the highly anticipated The Princess and the Frog attraction, Tiana’s Bayou Adventure, coming in 2024 to Disneyland Resort in California and Walt Disney World Resort [Read More…]
Over 8 million laundry and cleaning products recalled due to possible bacterial contamination
CPSC (NEW YORK) — The company behind a popular line of laundry detergent and cleaning products has issued a voluntary recall due to possible bacterial contamination. The Laundress first issued a safety notice on Nov. [Read More…]
Gas prices plunge to lowest level since February
Grace Cary/Getty Images, FILE (NEW YORK) — Gas prices nationwide have plunged to their lowest level since February as demand has dropped from peak summer travel season and the price of crude oil has fallen. [Read More…]
Retro games get a new life as demand for defunct consoles, games on the rise
ABC News (NEW YORK) — They were once coveted birthday and holiday gifts for millions of millennials and Generation Xers. They were Nintendo Entertainment System bundled with Super Mario Brothers and Duck Hunt or that [Read More…]
What a rail strike would mean for your finances
EThamPhoto/Getty Images (WASHINGTON) — Hundreds of thousands of rail workers stand on the brink of a strike that would snarl the nation’s supply chain, driving up prices for households already under strain and eventually leaving [Read More…]
House votes to impose agreement to block rail strike
EThamPhoto/Getty Images (WASHINGTON) — The House on Wednesday voted to block a strike by the nation’s railway workers, intervening in a labor dispute with wide-ranging economic and political implications. The House voted 290-137 to adopt [Read More…]
FBI warns of rise in costly technical support scams
Oscar Wong/Getty Images (NEW YORK) — The Federal Bureau of Investigation has issued an alert about the rise in technical support scams spreading across the country. FBI field offices in Pittsburgh, Las Vegas, Boston and [Read More…]
House set to vote on effort to avert rail strike
EThamPhoto/Getty Images (WASHINGTON) — The House on Wednesday is set to vote on legislation aimed at averting a strike by the nation’s railway workers, Speaker Nancy Pelosi has announced, reluctantly intervening in a labor dispute [Read More…]
How to build an emergency fund, how much to save for it and how to avoid spending it
Tetra Images/Getty Images (NEW YORK) — We’ve been taught to expect the unexpected, and when it comes to finances, the best way to do that is with an emergency fund. An emergency fund contains cash [Read More…]
Festive new holiday candy from Hershey’s, M&Ms and more
The Hershey Company (NEW YORK) — As the holiday season gets underway, confectioners are busily unveiling new festive sweets. Hershey’s recently shared a peek at some brand new holiday candy, including its first-ever hot chocolate [Read More…]
Woman sues Kraft over Velveeta mac and cheese preparation time
Amazon (NEW YORK) — A woman in Florida has sued Kraft Heinz Foods Company, claiming the time it takes to make its microwaveable cup of Velveeta macaroni and cheese is longer than what the claims [Read More…]
Biden says Congress must avert rail strike but it’s ‘not an easy call’; workers ‘disappointed’
Florian Roden / EyeEm/Getty Images (WASHINGTON) — President Joe Biden on Monday asked Congress to intervene and avert a potential strike of the nation’s railway workers — which could upend huge parts of the economy [Read More…]
Rejected contracts, White House involvement: A timeline of a potential rail strike
Micha Pawlitzki/Getty Images (WASHINGTON) — Hundreds of thousands of rail workers stand on the brink of a nationwide strike that would paralyze the U.S. supply chain and passenger rail service ahead of the busy holiday [Read More…]
How China’s zero-COVID policy threatens the US economy
Matt Anderson Photography/Getty Images (NEW YORK) — Historic protests across China over its zero-COVID policy battered U.S. stocks on Monday, highlighting a close link between the contentious Chinese measures and domestic economic conditions that could [Read More…]
Congress will try to stop national railroad strike as Biden urges lawmakers to act
Florian Roden / EyeEm/Getty Images (WASHINGTON) — President Joe Biden on Monday asked Congress to intervene and avert a potential strike of the nation’s railway workers — which could upend huge parts of the economy [Read More…]
Elon Musk attacks Apple for allegedly threatening App Store removal
Scott Olson/Getty Image (NEW YORK) — Elon Musk, the billionaire entrepreneur who owns Twitter, attacked Apple on Monday in a series of tweets hammering the tech giant for allegedly decreasing the amount of ads it [Read More…]
Kim Kardashian ‘re-evaluating’ her relationship with Balenciaga amid ad scandal
Jeremy Moeller/Getty Images (NEW YORK) — Kim Kardashian has broken her silence on Balenciaga’s recent ad scandal. “I have been quiet for the past few days, not because I haven’t been disgusted and outraged by [Read More…]
Thanksgiving Day 2022 marks record consumer spending
RUNSTUDIO/Getty Images (NEW YORK) — Shoppers spent a record $5.29B this Thanksgiving, according to Adobe Analytics — a figure up 2.9% year-over-year. Adobe Analytics’s report on record spending may be surprising to some, as the [Read More…]
Paper or plastic? Gift cards don’t need to be trash
ricardoinfante/Getty Images (NEW YORK) — As the holidays approach, experts estimate that roughly 60% of consumers plan on purchasing gift cards this December, making it one of the most popular gift-giving options. As a $173 [Read More…]
Buffett donates over $750 million to his family charities
OMAHA, Neb. (AP) — Billionaire investor Warren Buffett donated more than $750 million in Berkshire Hathaway stock to the four foundations run by his family Wednesday, but unlike his annual gifts to charity each summer, [Read More…]
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