Category Archives: Business News – ABC Audio

David L. Ryan/Getty Images(BOSTON) -- Online home goods retailer Wayfair is laying off nearly 900 workers worldwide, which amounts to 5% of the company's workforce, the company said in a memo to emplo...

patty_c/Getty Images(BENTONVILLE, Ark.) -- Walmart, the Arkansas-based retail giant known more for value than flare, made a splash in Hollywood this week upon the announcement of a deal with streaming...

Erin Hooley/Chicago Tribune/Tribune News Service via Getty Images(NEW YORK) -- The Supreme Court's decision to overturn Roe v. Wade and allow states to decide their own stances on abortion access has ...

NurPhoto/Getty Images(NEW YORK) -- The term "Googling" may be synonymous with "searching" for things online, but for the group known as Gen Z that might be changing. Nearly 40% of Gen Z members (born ...

Official White House Photo by Adam Schultz(WASHINGTON) --The Inflation Reduction Act, a $739 billion measure signed into law by President Joe Biden on Tuesday, levies a 15% minimum tax on large corpor...

Thomas Barwick/Getty Images(NEW YORK) -- Award-winning restaurateur Michael Scelfo has run kitchens post-9/11 and through the 2008 economic downturn, but he said the COVID-19 pandemic and soaring infl...

STOCK PHOTO/Getty Images(WASHINGTON) -- The newer the car, the safer it is for women drivers, the National Highway Traffic Safety Administration said in a new report Tuesday. While the NHTSA’s e...

Images by Tang Ming Tung/Getty Images(WASHINGTON) -- Air travel fares may be starting to drop from their summer highs, but customers could pay the price to see family and take long-awaited vacations i...

Paul Bersebach/MediaNews Group/Orange County Register via Getty Images(WASHINGTON) -- Car buyers hoping to get a tax credit from the government for an electric vehicle after President Joe Biden signs ...

Marilyn Nieves/Getty Images(NEW YORK) -- The Trump Organization's longtime chief financial officer, Allen Weisselberg, is expected to plead guilty to tax charges as soon as this week, sources familiar...