Category Archives: Business News – ABC Audio
US economy actually grew 2% over first quarter, up from prior 1.3% estimate
Javier Ghersi/Getty Images(WASHINGTON) -- The U.S. economy grew significantly more at the outset of this year than an initial measurement indicated, according to a major upward revision released on Th...
Jun 29, 2023
Supreme Court rules employers must be more accommodating of religious observance
Ryan McGinnis/Getty Images(WASHINGTON) -- A unanimous Supreme Court on Thursday ruled in favor of a former U.S. Postal Service letter carrier from Pennsylvania who didn't want to work on Sundays in or...
Jun 29, 2023
Virgin Galactic live updates: Company has launched its first fully commercial spaceflight
Ahmet Okur/Anadolu Agency via Getty Images(NEW YORK) -- Virgin Galactic is launching its first fully commercial flight of the SpaceShipTwo space plane, the company announced. The ship will carry four ...
Jun 29, 2023
US economy 'quite resilient,' Fed Chair Jerome Powell says
Bloomberg Creative/Getty Images(NEW YORK) -- Federal Reserve Chair Jerome Powell on Wednesday voiced an optimistic message about the U.S. economy and downplayed the threat of a recession. "The U.S. ec...
Jun 28, 2023
Reunite with your cash: How to find out if you have unclaimed money
Catherine McQueen/Getty Images(NEW YORK) -- Across the nation, more than $20 billion is waiting to be reclaimed by citizens who may not even know they may be owed cash from "unclaimed property," which...
Jun 28, 2023
Starbucks reiterates support of LGBTQIA2+ community amid Pride strikes
Starbucks(NEW YORK) -- Amid much back-and-forth between Starbucks and some of its workers who claim the company stopped Pride decorations from being displayed in some locations, some union employees h...
Jun 28, 2023
Pregnant Workers Fairness Act goes into effect; set to help millions of women
Maskot/Getty Images(NEW YORK) -- Natasha Jackson faced what she says was pregnancy discrimination 13 years ago. She was three months pregnant with her third child when she was put on leave from her jo...
Jun 28, 2023
As thousands of flights canceled, feud between United CEO and FAA spills out into public again
CHUYN/Getty Images(NEW YORK) -- Airlines have canceled more than 5,400 flights since Saturday in the U.S. and United Airlines CEO claimed the Federal Aviation Administration staffing and inexperi...
Jun 27, 2023
More than $200 billion in pandemic relief potentially squandered, says government watchdog report
IronHeart/Getty Images(WASHINGTON) -- The federal government squandered more than $200 billion in potential fraud in its aggressive rush to prop up small businesses as the COVID-19 pandemic threa...
Jun 27, 2023
Costco cracks down on members sharing cards at checkout
Kinga Krzeminska/Getty Images(NEW YORK) -- Costco Wholesale is cracking down on customers sharing membership cards at the self-service checkout. The big box retailer will require shoppers at the self-...
Jun 27, 2023
