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ABC Business News
Abortion bans may lead to economic costs for states
Erin Hooley/Chicago Tribune/Tribune News Service via Getty Images (NEW YORK) — The Supreme Court’s decision to overturn Roe v. Wade and allow states to decide their own stances on abortion access has led 16 states [Read More…]
Restaurant owners face challenges to balance rising costs, keep customers happy
Thomas Barwick/Getty Images (NEW YORK) — Award-winning restaurateur Michael Scelfo has run kitchens post-9/11 and through the 2008 economic downturn, but he said the COVID-19 pandemic and soaring inflation have brought on prolonged issues businesses [Read More…]
Newer cars shrink gender disparity in car crash fatalities: Officials
STOCK PHOTO/Getty Images (WASHINGTON) — The newer the car, the safer it is for women drivers, the National Highway Traffic Safety Administration said in a new report Tuesday. While the NHTSA’s earlier report, published in [Read More…]
Airfare will jump 20% this Labor Day, experts say
Images by Tang Ming Tung/Getty Images (WASHINGTON) — Air travel fares may be starting to drop from their summer highs, but customers could pay the price to see family and take long-awaited vacations in the [Read More…]
Industry group says most EVs will no longer qualify for federal tax credits
Paul Bersebach/MediaNews Group/Orange County Register via Getty Images (WASHINGTON) — Car buyers hoping to get a tax credit from the government for an electric vehicle after President Joe Biden signs the Inflation Reduction Act into [Read More…]
Longtime Trump Organization CFO expected to plead guilty to tax charges, say sources
Marilyn Nieves/Getty Images (NEW YORK) — The Trump Organization’s longtime chief financial officer, Allen Weisselberg, is expected to plead guilty to tax charges as soon as this week, sources familiar with the matter told ABC [Read More…]
Home Run Inn frozen pizza recalled over potential contamination
USDA (WASHINGTON) — A frozen food manufacturer issued a recall Sunday for more than 13,000 pounds of frozen meat pizza over possible contamination, the U.S. Department of Agriculture’s Food Safety and Inspection Service said. Home [Read More…]
Thousands of Capri Sun cases recalled over potential cleaning solution contamination
Kraft Heinz (NEW YORK) — As children are heading back to school this month, Kraft Heinz announced a recall on Friday of more than 5,000 cases of Capri Sun due to a possible contamination. This [Read More…]
More than 2 million infant rockers and swings recalled due to entanglement and strangulation hazards
Amanda Maile via GMA (NEW YORK) — More than 2 million infant rockers and swings have been recalled due to entanglement and strangulation hazards, leading to at least one death. The Consumer Product Safety Commission [Read More…]
Burned-out employees are ‘quiet quitting’ their jobs: What to know about the trend
boonchai wedmakawand/Getty Images (NEW YORK) — When Paige West decided to scale back the amount of effort she was putting into her corporate job, she joined a growing workplace trend known as “quiet quitting.” “When [Read More…]
Has inflation finally peaked? Economists divided on extent of recent relief
Javier Ghersi/Getty Images (NEW YORK) — Lower-than-expected inflation rates last week sent the S&P 500 soaring to its highest level in three months, reflecting optimism that price increases have peaked as businesses and consumers seek [Read More…]
Abortion clinics in embattled states face another challenge: Money
Shelby Tauber/Bloomberg via Getty Images (NEW YORK) — When Katie Quinonez, the executive director of an abortion clinic in West Virginia, saw the Supreme Court decision that overturned the federal guarantee of the right to [Read More…]
Cinnamon Toast Crunch gets a spicy twist
Cinnamon Toast Crunch (NEW YORK) — Ever wondered what cereal would taste like if it was spicy? Thanks to Cinnamon Toast Crunch you don’t have to wonder any more. The classic cereal brand is giving [Read More…]
Popular Always Pan gets a mini version
Our Place (NEW YORK) — What’s better than The Always Pan? A Mini Always Pan! After much demand from consumers, Our Place has introduced a smaller version of their Always Pan and Perfect Pot. “We [Read More…]
Gas prices fall below $4 for first time since March
Michael Godek/Getty Images (NEW YORK) — The national average price for a gallon of gas fell below $4 on Thursday for the first time since early March, according to AAA data. The milestone was reached [Read More…]
Inflation hits these products the most and these the least: EXPLAINER
Noel Hendrickson/Getty Images (NEW YORK) — Price hikes have battered the U.S. economy for months, straining household budgets and prompting an aggressive series of rate hikes from the Federal Reserve. Inflation has sent prices sky [Read More…]
FAA gets more than 57,000 applicants for air traffic control jobs
JazzIRT/Getty Images (NEW YORK) — As the Federal Aviation Administration (FAA) continues to deal with staffing issues on a nearly daily basis, the agency says it has received 57,956 applications for this year’s 1,500 open [Read More…]
Labor Day sales to watch: Here’s what to know
CatLane/Getty Images (NEW YORK) — Labor Day may be summer’s last “hoorah” — it’s also a great time to score some blowout deals. Historically, Labor Day is known for deals on clearance summer apparel and [Read More…]
July inflation holds steady as food and shelter costs rise
STOCK PHOTO/Getty Images (WASHINGTON) — Inflation in July held steady even as the costs of housing and food rose, according to findings by the Bureau of Labor Statistics released Wednesday. The Bureau of Labor Statistics [Read More…]
Inflation slows significantly as gas prices drop in July
Tetra Images/Getty Images (NEW YORK) — Inflation data released on Wednesday revealed that price increases slowed in July, easing the strain on household budgets as the Federal Reserve fights inflation with a series of borrowing [Read More…]
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