ABC Business News

Michael Godek/Getty Images (WASHINGTON) — Six oil company executives were grilled by lawmakers Wednesday about skyrocketing gas prices amid a political messaging battle over pain at the pump. BP America, Chevron and ExxonMobil executives are [Read More…]

Anna Moneymaker/Getty Images (WASHINGTON) — President Joe Biden on Wednesday announced another extension in the pause in federal student loan payments — this time until Aug. 31. This delay would be the sixth extension to [Read More…]

Michael Godek/Getty Images (WASHINGTON) — Six oil company executives are set to testify Wednesday on Capitol Hill about skyrocketing gas prices amid a political messaging battle over pain at the pump. BP America, Chevron and [Read More…]

Victoria Jones/PA Images via Getty Images (NEW YORK) — A popular Easter candy has been recalled weeks before the holiday. On Monday, Ferrero announced through the Food Standards Agency it would take “the precautionary action [Read More…]

Erlon Silva – TRI Digital via Getty Images (WASHINGTON) — Domestic airfare is up 40% from the start of the year and is expected to climb another 10% next month, according to online booking platform [Read More…]

Tetra Images/Getty Images (WASHINGTON) — Senate Democrats are calling on a government watchdog to investigate McKinsey & Company over claims that the consulting giant skirted federal conflict-of-interest rules, a sign of growing concern on Capitol [Read More…]

BanksPhotos/Getty Images (NEW YORK) — The Walt Disney World Resort is adding two 75-megawatt solar arrays to its renewable energy portfolio that, combined with existing infrastructure, will provide 40% of the park’s electricity. The announcement [Read More…]

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…]

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…]

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…]

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…]

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…]

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…]

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…]

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…]

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…]

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…]

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…]

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…]

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…]