Category Archives: Business News – ABC Audio
Court approves sale of 23andMe to nonprofit led by former CEO Anne Wojcicki
23andMe Founder Anne WojcickiAndrew Harnik/Getty Images(NEW YORK) -- A bankruptcy court this week approved the $305 million sale of genetics testing firm 23andMe to a nonprofit organization led by the...
Jul 01, 2025
S&P 500 hits record high as stock market surges
Matteo Colombo/Getty Images(NEW YORK) -- The S&P 500 hit an all-time record high on Friday, extending breakneck gains achieved in recent weeks as investors shrugged off concerns about newly impose...
Jun 27, 2025
The stock market is surging. Will it last?
Michael M. Santiago/Getty Images(NEW YORK) -- The stock market has been on a tear in recent weeks, shrugging off newly imposed tariffs, caution at the Federal Reserve and war in the Middle East.The S&...
Jun 25, 2025
2 million student loan borrowers at risk of garnished wages in July
Celal Gunes/Anadolu Agency via Getty Images(NEW YORK) -- Nearly two million student loan borrowers are at risk of having their wages garnished next month, credit-reporting agency T...
Jun 24, 2025
Consumer confidence sours in June, despite rollback of Trump's tariffs
lechatnoir/Getty Images(NEW YORK) -- Consumer confidence soured in June, erasing some of the boost in shopper attitudes that took hold last month as President Donald Trump rolled back tariffs, Confere...
Jun 24, 2025
Aflac says cyberattack breach could expose personal data of customers
SOPA Images/LightRocket via Getty Images(NEW YORK) -- A group of cybercriminals hacked into data systems at insurance company Aflac, possibly gaining access to sensitive information such as Social Sec...
Jun 20, 2025
What to know about the GENIUS Act, a crypto regulation bill
Namthip Muanthongthae/Getty Images(NEW YORK) -- The Senate voted 68-30 late Tuesday to pass the GENIUS Act, a bill that aims to regulate some cryptocurrencies.The bill faced some Democratic opposition...
Jun 18, 2025
Fed expected to hold interest rates steady, defying Trump
Federal Reserve Building, Bloomberg Creative/Getty Images (WASHINGTON) -- The Federal Reserve on Wednesday will issue a new decision on the level of its benchmark interest rate, testing a wait-and-see...
Jun 18, 2025
What to know about Trump Mobile, the Trump Organization's new phone plan
Jabin Botsford/The Washington Post via Getty Images(NEW YORK) -- The Trump Organization on Monday announced a mobile phone service and a Trump-branded smartphone, extending the family real estate comp...
Jun 16, 2025
Stocks close higher, despite intensifying Israel-Iran conflict
Brandon Bell/Getty Images(NEW YORK) -- Oil prices fell and stocks closed higher on Monday, indicating optimism among investors about the limits of economic fallout from the ongoing Israel-Ir...
Jun 16, 2025
