Category Archives: Business News – ABC Audio

Bloomberg Creative/Getty Images(WASHINGTON) -- Federal Reserve Chair Jerome Powell on Tuesday warned of potentially devastating consequences of a U.S. debt default and called on Congress to raise the ...

Bloomberg via Getty Images, FILE(WASHINGTON) -- The Justice Department on Tuesday filed a lawsuit to stop the proposed merger between JetBlue and Spirit Airlines. The $3.8 billion merger would create ...

Rafael Henrique/SOPA Images/LightRocket via Getty Images(NEW YORK) -- Weight Watchers, now known as WW, is a diet program that has been around for decades, focusing on changing eating and activity pat...

Fabrice Coffrini/AFP via Getty Images(NEW YORK) -- Toblerone, the triangular-shaped chocolate with Switzerland's famed Matterhorn mountain immortalized on its packaging, will soon be changing its look...

Zbigniew Bzdak/Chicago Tribune/Tribune News Service via Getty Images(NEW YORK) -- Electric carmaker Tesla slashed the prices of its two most expensive cars in the U.S., the automaker's website showed ...

Samyukta Lakshmi/Bloomberg via Getty Images(NEW YORK) -- Anna Gifty Opoku-Agyeman, a graduate student studying economics and public policy at Harvard Kennedy School, who is Black, said she never ...

Olivier Douliery/AFP via Getty Images(NEW YORK) -- Amazon has paused construction on its second headquarters in Virginia, known as "HQ2," the company said Friday. The first phase of the HQ2 campus, ca...

Anton Petrus/Getty Images(NEW YORK) -- Growing recession alarm at the outset of this year warned of a coming business slowdown and significant job losses -- until a government report last month showed...

The Good Brigade/Getty Images(NEW YORK) -- Social media platform TikTok will set a default 60-minute screen time limit for users below age 18, the company announced on Wednesday. When the one-hour lim...

Caíque de Abreu/Getty Images(NEW YORK) -- Eli Lilly will cut the price of its most commonly prescribed insulin products by 70% and expand a program that caps patient costs at $35 per month, the...