Category Archives: Business News – ABC Audio

Mint Images/Getty Images(NEW YORK) -- Disgraced crypto executive Sam Bankman-Fried deserves to have his bail revoked and to be detained before he is tried for fraud and conspiracy charges stemming fro...

Courtesy Dylan McCarty(NEW JERSEY)-- The lack of available homes on the market is near historic lows, sparking fierce bidding wars in cities across the country – and prompting many buyers to get...

Bill Varie/Getty Images(NEW YORK) -- CVS Health is laying off 5,000 employees as part of an effort to shed costs, the retail and pharmacy chain confirmed on Tuesday. The layoffs will primarily affect ...

Trader Joe's(NEW YORK) -- Trader Joe's has issued a voluntary recall of its Unexpected Broccoli Cheddar Soup that was distributed in seven states after a supplier informed the retailer it "may contain...

IronHeart/Getty Images(NEW YORK) -- The Federal Reserve raised interest rates to a 22-year high this week -- a milestone that carries major implications for the finances of everyday people, experts to...

RiverNorthPhotography/Getty Images(NEW YORK) -- Anheuser-Busch plans to lay off hundreds of corporate employees, a company spokesperson told ABC News on Thursday. The layoffs come months after a produ...

Ravenn Moore(NEW YORK) -- Ravenn Moore, a 43-year-old mom in the Detroit area, said she accumulated tens of thousands of dollars of debt while earning both her bachelor's and master's degrees as a fir...

United Airlines(NEW YORK) -- United Airlines announced Thursday that it is the first U.S. airline to add Braille to its aircraft cabin interiors. The airline has about a dozen planes outfitted with Br...

Javier Ghersi/Getty Images(NEW YORK) -- U.S. economic growth accelerated over three months ending in June, blowing past economist expectations and rebuking concern about a possible recession. The U.S....

Alex Wong/Getty Images(WASHINGTON) -- U.S. Federal Reserve Chair Jerome Powell told reporters Wednesday that the Fed staff no longer forecasts a recession for the U.S., and there is a chance infl...