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ABC Business News
Egg prices spike amid worst US avian flu outbreak in seven years
Lena Ganssmann Photography/Getty Images (WASHINGTON) — As consumers continue to feel the crunch at the grocery store checkout, eggs are the latest product predicted to surge in price. According to the U.S. Department of Agriculture, [Read More…]
Spooked by high fuel costs? What you need to know about owning an EV
George Rose/Getty Images (NEW YORK) — With the national average for a gallon of gasoline stuck above $4, some Americans may be ready to go electric. Searches for “green vehicles” on Edmunds.com jumped 39% over the [Read More…]
Unemployment rate drops to 3.6% as 431,000 jobs added in March
Snap Decision/Getty Images (WASHINGTON) — U.S. employers added 431,000 jobs to their payrolls last month, the latest figures released Friday by the Labor Department show. The biggest increases in employment in March occurred in leisure [Read More…]
Bloomingdale’s Friends & Family sale 2022: Save on denim, dresses, swimsuits and more
JayLazarin/Getty Images (NEW YORK) — As many of us continue to spring into a new season, retailers such as Bloomingdale’s have continued to give us more reasons to refresh our wardrobes. The department store has [Read More…]
Why some fast food companies have banned ‘forever chemical’ PFAS from packaging
ABC News Photo Illustration (NEW YORK) — In an announcement last week, Consumer Reports revealed results after it tested 118 food packaging materials from U.S. restaurants and grocery stores, and found evidence of dangerous per- [Read More…]
How one couple paid off $126K debt in under four years
ABC News (ATLANTA) — An Atlanta couple who have achieved their debt-free dream is sharing the five-point plan that they said helped them shed $126,000 of debt in less than four years. Jasmine and Jay [Read More…]
First female-owned Asian American NYC bookstore showcases diverse voices
ABC News (NEW YORK) — Growing up an only child, Lucy Yu would devour book after book, quickly developing an early love for literature. At the turn of each page, Yu would immerse herself in [Read More…]
Biden blasts US oil companies in announcing plan to combat gas prices
STEFANI REYNOLDS/AFP via Getty Images (WASHINGTON) — Attempting to combat what’s he’s labeled “Putin’s price hike,” President Joe Biden announced a plan on Thursday to release roughly 1 million barrels of oil per day from [Read More…]
Biden to release US oil reserves to control gas prices
STEFANI REYNOLDS/AFP via Getty Images (WASHINGTON) — Oil prices are dropping Thursday morning in response to news that President Joe Biden is moving forward with a plan to release roughly 1 million barrels of oil [Read More…]
Lizzo introduces Yitty, a new body-positive shapewear line
Emma McIntyre/Getty Images for dcp (NEW YORK) — Lizzo is known for making fans feel “Good as Hell” with her music, and now she is doing the same with an upcoming shapewear line called Yitty. [Read More…]
FTC sues Intuit TurboTax’s ‘free’ filing campaign
Andrew Harrer/Bloomberg via Getty Images (NEW YORK) — As Americans continue to file their taxes ahead of Tax Day, the Federal Trade Commission has slapped a lawsuit against a company behind a popular tax filing [Read More…]
Lawmakers aim to strengthen transparency in murky federal contracting process
J.Castro/Getty Images (WASHINGTON) — A bipartisan coalition of senators introduced legislation on Monday meant to improve transparency in the highly competitive and notoriously murky federal contracting process, taking aim at companies that accept lucrative work [Read More…]
Americans seek flea market deals amid historic inflation
imagedepotpro, Getty Images (CHICAGO) — It’s no surprise Americans are feeling the impact of the country’s worst inflation in 40 years. In fact, the Federal Reserve is already considering raising interest rates again, according to [Read More…]
Vanessa Bryant solidifies new deal with Nike to honor Kobe Bryant’s legacy
code6d/Getty Images (NEW YORK) — Vanessa Bryant has partnered with Nike to honor the life and legacy of her late husband, basketball star Kobe Bryant. The athletic apparel company announced Thursday that in collaboration with [Read More…]
Krispy Kreme’s March Madness promo gives new meaning to Sweet 16
leezsnow/Getty Images (NEW YORK) — When it comes to the NCAA March Madness basketball tournament, brackets are either busted or booming. So one brand came up with a way to sweeten the experience for everyone. [Read More…]
Dairy Queen releases new spring-inspired, lilac-hued dipped cone
Dairy Queen (NEW YORK) — Pale pastel colors and fresh fruit are just a couple of indicators that we’ve left winter behind and moved on to sunnier spring days ahead. Dairy Queen has embraced both [Read More…]
With oligarchs in the crosshairs, alleged Western ‘enablers’ attract fresh scrutiny
IronHeart/Getty Images (NEW YORK) — As governments scramble to seize high-profile assets owned by Russian oligarchs, a quiet effort is gaining momentum in the West to target their alleged “enablers” — the lawyers, lobbyists and [Read More…]
Half of working women of color earn less than $15 an hour, study finds
Oxfamamerica.org (NEW YORK) — Women of color are disproportionately represented in the low-wage workforce, a new study released Tuesday found. Half of working women of color earn less than $15 an hour, according to Oxfam, [Read More…]
Black former employees sue Google for racial discrimination
Google Maps Street View (NEW YORK) — Civil rights attorney Ben Crump filed a racial discrimination lawsuit against Google this week claiming there has been a pattern of racial discrimination toward minority employees. “Former Google [Read More…]
Disney employees stage walkout to demand action against ‘Don’t Say Gay’ bill
Melvyn Longhurst/Getty Images (ORLANDO, Fla.) — LGBTQ workers and employee allies at The Walt Disney Company staged a walkout in protest of Florida’s Parental Rights in Education bill, dubbed the “Don’t Say Gay” bill by [Read More…]