ABC Business News

Gareth Brown/Getty Images (NEW YORK) — When Temidayo Adedokun became pregnant with her first child, like many new moms, she said she was excited to start shopping for baby clothes. Adedokun, 31, who was born [Read More…]

Kent Nishimura / Los Angeles Times via Getty Images (WASHINGTON) — With fears of a Russian attack on Ukraine remaining a “distinct possibility,” President Joe Biden is sending a stark warning to Americans about what [Read More…]

DaveAlan/Getty Images (NEW YORK) — Alaska Airlines announced its first-ever subscription-based offering, Flight Pass, which offers travelers with varying budgets and lifestyles a chance to travel along many West Coast routes for a year. The [Read More…]

Disney (NEW YORK) — Fans will soon be able to call Disney home. On Wednesday, the company announced the launch of Storyliving by Disney, a new community for Disney fans to live in that incorporates [Read More…]

Courtesy of Victoria’s Secret (NEW YORK) — Victoria’s Secret has unveiled ads for its latest collection of bras and panties, called Love Cloud, featuring women of different shapes, sizes and backgrounds. The Love Cloud collection [Read More…]

Getty Images/d3sign (NEW YORK) — The leading global producer of avocados is temporarily banned from sending the sought after fruit from Mexico to the U.S. Despite the demand for imported avocados, the U.S. government announced [Read More…]

Cavan Images/Getty Images (NEW YORK) — Black students are much more likely to incur the largest average student loan debt out of any group in the United States, including their white peers, according to a [Read More…]

LaCroix (NEW YORK) — Before the cherry trees bloom this spring with their beautiful pink petals, one beloved sparkling beverage has a new product inspired by the blossoms. LaCroix announced Monday its newest flavor Cherry [Read More…]

Lamborghini (NEW YORK) — Walk into a Lamborghini dealership and brace yourself for the bad news. The wait time for the new Huracan STO supercar, a track weapon with a conspicuous carbon-fiber wing, air ducts [Read More…]

Stellantis (NEW YORK) — You may not know Ralph Gilles by name but you may have owned (or admired) his cars: the Dodge Viper, Jeep Grand Cherokee and Ram truck, to name a few. Gilles, [Read More…]

NoDerog/Getty Images (NEW YORK) — Raising membership fees can generally be chalked up as “the price of doing business.” But as inflation, demand and supply chain issues continue to dictate an increase in prices, consumers [Read More…]

Jevone Moore/Icon Sportswire via Getty Images (INGLEWOOD, Calif.) — Seeing a need to promote Black-owned businesses, longtime Inglewood, California, resident Keokia Childress helped start a community-organized food festival to showcase what their neighborhood had to [Read More…]

Ian Gavan/Getty Images (PIGEON FORGE, Tenn.) — Dolly Parton’s signature Tennessee theme park and resort, Dollywood, has announced a new program to help employees further their education. Dollywood’s operating partner, Herschend Enterprises, is piloting a [Read More…]

Chesnot/Getty Images (NEW YORK) — Caroline Altagracia, a college student at the University of Albany, said she became interested in cryptocurrency while still in high school. “It’s definitely been an empowering journey,” Altagracia. “I feel [Read More…]

Tetra Images/Getty Images (WASHINGTON) — The prices Americans pay for a basket of goods and services continued to climb rapidly last month, according to new government data. The consumer price index — a key measure [Read More…]

iStock (NEW YORK) — Looking to buy a used car? Consumers can expect high costs and low inventories at the dealership lot. Listing prices for used cars in January were up 40% from the same [Read More…]

Grace Cary/Getty Images (WASHINGTON) — Two Senate Democrats up for reelection introduced a bill on Wednesday to temporarily suspend the federal gas tax through the end of 2022, as millions of Americans grapple with the [Read More…]

Ezra Shaw/Getty Images (NEW YORK) — Peloton announced Tuesday a major leadership shakeup and a plan to cut costs that includes laying off some 2,800 employees. The announcement comes as the pandemic wanes in the [Read More…]

Pavlo Gonchar/SOPA Images/LightRocket via Getty Images (WASHINGTON) — The Justice Department on Tuesday announced the arrests of a New York couple charged with conspiring to launder cryptocurrency presently valued at $4.5 billion — stolen during [Read More…]

Michael Godek/Getty Images (NEW YORK) — The recent tensions between Russia and Ukraine are affecting Americans at the pump. Prices for oil are now at their highest level in eight years. “Russia still supplies some [Read More…]