Category Archives: Business News – ABC Audio
Why having good credit could cost you more on a home mortgage
Phillip Spears/Getty Images(NEW YORK) -- If you're looking to buy a home, new federal rules may impact how much you pay for a mortgage. Beginning May 1, upfront fees for loans backed by Fannie Mae and...
Apr 27, 2023
Supreme Court takes on what critics call predatory tax foreclosure practice
Walter Bibikow/Getty Images(WASHINGTON) -- After saving up for three years during which they sometimes worked 80 hours a week, Tawanda Hall and her husband purchased their dream home in the suburbs of...
Apr 27, 2023
How Tucker Carlson's exit could financially impact Fox Corporation, according to experts
Jason Koerner / Stringer/Getty Images(NEW YORK) -- The seismic exit of Fox News host Tucker Carlson this week elicited reaction from politicians as varied as former President Donald Trump and Rep. Ale...
Apr 26, 2023
Disney sues Florida Gov. Ron DeSantis and officials over 'targeted campaign of government retaliation'
Aitor Diago/Getty Images(NEW YORK) -- Disney filed a lawsuit Wednesday in U.S. District Court against Florida Gov. Ron DeSantis and various Florida officials over a campaign the company alleges w...
Apr 26, 2023
TikTok's niche communities face an uncertain future from a potential ban
Hyoung Chang/The Denver Post(NEW YORK) -- What happens when a social media company succeeds at building a community, then threatens to destroy what its users spent years building? Devoted users of Tik...
Apr 26, 2023
Chevrolet to end production of the Bolt, America’s cheapest new electric vehicle
Jon Challicom/Getty Images(NEW YORK) -- Chevrolet is saying bye-bye to the Bolt. The Chevy Bolt hatchback, as well as its crossover Bolt EUV sibling, will cease production this year, General Motors ha...
Apr 25, 2023
World's second-largest tobacco company to pay over $600 million for violating sanctions against North Korea
Al Drago/Bloomberg via Getty Images(WASHINGTON) -- The world's second-largest tobacco company has agreed to pay what the Department of Justice is saying is "the single largest North Korean sancti...
Apr 25, 2023
First Republic Stock plummets 25% as banking trouble deepens
Anton Petrus/Getty Images(NEW YORK) -- Shares of First Republic Bank plummeted more than 25% in early trading on Tuesday as the banking crisis continued to ripple through the financial system. The reg...
Apr 25, 2023
Barbie unveils first-ever doll with Down syndrome
Mattel(NEW YORK) -- Barbie is marking a new first in the doll's 64-year history. On Tuesday, Mattel unveiled the first-ever Barbie doll with Down syndrome. The new Barbie was created through a partner...
Apr 25, 2023
High-yield savings accounts surge amid shaky stock market, experts say
IronHeart/Getty Images(NEW YORK) -- Tech giant Apple last week announced a buzzy product release -- but it wasn't a new version of its iPhone or virtual reality headset. Rather, the company offered it...
Apr 25, 2023
