Category Archives: Business News – ABC Audio
Inflation hits these products the most and these the least: EXPLAINER
Noel Hendrickson/Getty Images(NEW YORK) -- Price hikes have battered the U.S. economy for months, straining household budgets and prompting an aggressive series of rate hikes from the Federal Reserve....
Aug 11, 2022
FAA gets more than 57,000 applicants for air traffic control jobs
JazzIRT/Getty Images(NEW YORK) -- As the Federal Aviation Administration (FAA) continues to deal with staffing issues on a nearly daily basis, the agency says it has received 57,956 applications for t...
Aug 11, 2022
Labor Day sales to watch: Here's what to know
CatLane/Getty Images(NEW YORK) -- Labor Day may be summer's last "hoorah" -- it's also a great time to score some blowout deals. Historically, Labor Day is known for deals on clearance summer apparel ...
Aug 11, 2022
July inflation holds steady as food and shelter costs rise
STOCK PHOTO/Getty Images(WASHINGTON) — Inflation in July held steady even as the costs of housing and food rose, according to findings by the Bureau of Labor Statistics released Wednesday. The B...
Aug 10, 2022
Sesame Place to implement diversity initiatives after racial bias incident
Dania Maxwell / Los Angeles Times via Getty Images, FILE(LANGHORNE, Pa.) -- Following a barrage of online allegations of racial bias and one $25 million class action lawsuit, Sesame Place has announce...
Aug 10, 2022
Explainer: Why is inflation so high and what happened last time it reached this level?
Javier Ghersi/Getty Images(NEW YORK) -- Inflation continues to be the top economic concern for most Americans. In July, the consumer price index rose 8.5% compared with the same month a year prior. Wh...
Aug 10, 2022
Inflation slows significantly as gas prices drop in July
Tetra Images/Getty Images(NEW YORK) -- Inflation data released on Wednesday revealed that price increases slowed in July, easing the strain on household budgets as the Federal Reserve fights inflation...
Aug 10, 2022
Airfare to drop 40% in the fall: Hopper
Craig Hastings/Getty Images(NEW YORK) -- Travelers facing surging summer prices can expect good news as domestic airfare is expected to drop by nearly 40% in the coming fall months, according to data ...
Aug 10, 2022
Biden signs CHIPS Act, intended to relieve the pandemic-era computer chip shortage
Official White House Photo by Adam Schultz(WASHINGTON) -- President Joe Biden on Tuesday signed a multibillion-dollar bill to boost domestic computer chip manufacturing and more, touting the bipartisa...
Aug 09, 2022
Parents file lawsuit against e-bike company after daughter's death
ABC News(LOS ANGELES) -- The parents of a 12-year-old California girl who died last year after an accident involving an electric bike, or e-bike, say they want to see change. Kaye and Jonathan Steinsa...
Aug 09, 2022
