ABC Business News

TERADAT SANTIVIVUT/Getty Images (NEW YORK) — More rainy days and extreme rainfall likely will hurt global economies, according to new research from the Potsdam Institute for Climate Impact Research. “This is about prosperity — and [Read More…]

Robert Nickelsberg/Getty Images (WASHINGTON) — The latest government data on inflation indicates consumer prices are continuing their rapid rise as pandemic-battered supply chains struggle to keep up with rebounding consumer demand. The consumer price index [Read More…]

Andrew Harrer/Bloomberg via Getty Images (WASHINGTON) — Tax season will begin early this year and is already forecast to be an especially “frustrating” one, the Internal Revenue Service has warned, as pandemic-era tax changes and [Read More…]

The Old Fourth Ward neighborhood in Atlanta, Ga. – Raymond Boyd/Getty Images (ATLANTA) — When Michelle Lockhart was a teenager in Atlanta, she had to work two jobs — as a camp counselor and fast-food [Read More…]

GETTY/Jon Hicks (NEW YORK) — Bank of America announced Tuesday that it will slash overdraft fees — the fines consumers pay when they make a purchase with their debit card but don’t have enough money in [Read More…]

Andrew Harrer-Pool/Getty Images (NEW YORK) — Former President Donald Trump has asked a federal judge in New York to halt a civil investigation into his business practices by New York Attorney General Letitia James, accusing [Read More…]

A sample of the new quarter coming out in 2022 that on the tail side will show images of poet Maya Angelou. – (U.S. Mint) (WASHINGTON) — Americans will soon be seeing the face of [Read More…]

OLIVIER DOULIERY/AFP via Getty Images (WASHINGTON) — Employers added a lackluster 199,000 jobs last month — significantly lower than economists’ expectations — and the unemployment rate fell to 3.9%, the Department of Labor said Friday. [Read More…]

ROBYN BECK/AFP via Getty Images (NEW YORK) — Walmart Plus has taken its delivery service a step further. A new enhanced feature that’s set to roll out in select cities later this year would give [Read More…]

Jakub Porzycki/NurPhoto via Getty Images (NEW YORK) — In May 2020, as protests over the death of George Floyd raged across the country, federal security officer Dave Patrick Underwood was shot and killed while protecting [Read More…]

Justin Sullivan/Getty Images (SACRAMENTO, Calif.) — Two tickets sold in California and Wisconsin were the lucky winners of the Powerball jackpot on Wednesday night. Both tickets matched all six numbers in Powerball’s drawing and the [Read More…]

Paul Hennessy/SOPA Images/LightRocket via Getty Images (WASHINGTON) — Major retailers have increased the price of at-home COVID-19 tests now that an agreement with the White House to sell them at a fixed price has expired. [Read More…]

Joe Raedle/Getty Images (NEW YORK) — Former President Trump’s eldest son and daughter have refused to comply with subpoenas issued by the New York State attorney general’s office as it conducts a civil investigation into [Read More…]

Courtesy Amanda Courtney (SAN DIEGO) — A California mom is entering 2022 debt-free after paying off more than $70,000 in student loan and credit card debt. Amanda Courtney, 36, of San Diego, said she began [Read More…]

Justin Sullivan/Getty Images (NEW YORK) — Another week, another chance to become a bigger multi-millionaire. No one had the winning numbers for Saturday’s half-billion-dollar Powerball jackpot, and the purse has now grown to over $522 [Read More…]

GETTY/Erlon Silva (NEW YORK) — COVID-19 cases among airline staff plus poor weather conditions resulted in 2,581 nationwide flight cancellations as of 4 p.m. on Saturday, according to Flight Aware. The news comes after a week of mass [Read More…]

Radoslav Zilinsky/Getty Images (NEW YORK) — Thursday marks a week of travel woes across the country with more than 8,000 flight cancellations nationwide since Christmas Eve. As millions of Americans travel during what could be [Read More…]

Mario Tama/Getty Images (NEW YORK) — Over the past year, routine space tourism emerged from science fiction to reality, digital art you can’t even touch auctioned for millions at Christie’s, and malicious attacks emanating from [Read More…]

Elijah Nouvelage/Bloomberg via Getty Images (NEW YORK) — The omicron variant continues to wreak havoc on holiday travel from coast to coast. Over the weekend, airlines reported more than 3,000 flight cancellations with at least [Read More…]

Photo by Dia Dipasupil/Getty Images (NEW YORK) — With the number of COVID-19 cases surging in New York, workers in the entertainment industry, many of whom are freelancers, are worried about the prospect of another [Read More…]