Category Archives: Business News – ABC Audio

Heating bills to reach 10-year high this upcoming winter: NEADA report
Tetra Images/Getty Images(NEW YORK) -- Heating costs for the upcoming winter season are expected to increase by 17%, mainly impacting lower-income families, according to a new report from National Ene...
Teddy Grant, ABC News Sep 22, 2022

Fed hikes benchmark rate 0.75% in significant escalation of inflation fight
Bloomberg Creative/Getty Images(WASHINGTON) -- The Federal Reserve instituted a dramatic interest rate hike on Wednesday, the latest in a series of borrowing cost increases, as the central bank tries ...
Max Zahn, ABC News Sep 22, 2022

Big bank CEOs sound alarm on inflation fight: 'Expect tougher times ahead'
Alex Wong/Getty Images(WASHINGTON) -- Chief executives at some of the largest U.S. banks sounded the alarm over sky-high inflation in testimony before Congress on Wednesday, warning that price hikes w...
Max Zahn, ABC News Sep 22, 2022

New York AG Letitia James files $250M lawsuit against Trump for defrauding lenders, others
Robert Alexander/Getty Images(NEW YORK) -- For 20 years, Donald Trump and his family enriched themselves through "numerous acts of fraud and misrepresentations," New York Attorney General Letitia Jame...
Aaron Katersky, ABC News Sep 21, 2022

This is how much money Black women lose to the pay gap
Marko Geber/Getty Images(NEW YORK) -- The wage gap that sees Black women earning less than white, non-Hispanic men can cost them as much as $2,000 per month, $23,000 per year and more than $900,000 ov...
Katie Kindelan, ABC News Sep 21, 2022

How rapidly rising mortgage rates are squeezing prospective homebuyers
Phillip Spears/Getty Images(NEW YORK) -- For Emily and Michael Brown, the Federal Reserve’s rate hikes hit close to home. The Browns had been renting a two-bedroom apartment in Washington, D.C.,...
Elizabeth Schulze and Ben Gittleson, ABC News Sep 21, 2022

Fed expected to raise interest rates, escalate fight against inflation
Lance Nelson/Getty Images(NEW YORK) -- Wall Street will watch closely on Wednesday as the Federal Reserve is expected to escalate its fight against inflation with a dramatic interest rate hike. The mo...
Max Zahn, ABC News Sep 20, 2022

Fed rate hikes haven't curbed inflation much. These policies would work instead, economists say
Tetra Images/Getty Images(WASHINGTON) -- A hotter-than-expected inflation report last week dispelled hopes of relief for strained households and rekindled questions about U.S. policy for fighting sky-...
Max Zahn, ABC News Sep 20, 2022

These sisters used social media to supercharge their parents' small business
Gipsy Rodriguez(NEW YORK) -- Sisters Gipsy and Gelssy Rodriguez of Anaheim, California, are the social media powerhouses behind their parents' popular quinceañera dress shop, Moda2000. The stor...
Caroline Kucera, ABC News Sep 20, 2022

Kim Kardashian teases new SKIMS bra launch coming soon
Kevin Mazur/Getty Images for Nordstrom(NEW YORK) -- "Guys, these are the most comfortable bras you will ever wear," Kim Kardashian said while giving the world a glimpse of her shapewear brand's latest...
Jacqueline Laurean Yates, ABC News Sep 20, 2022
We use cookies for various purposes including analytics and marketing. By continuing to use this service, you agree to use cookies by us and our third-party service providers as described in the Privacy Policy.
