Category Archives: Business News – ABC Audio
Fed expected to announce decision on interest rates
Lance Nelson/Getty Images(NEW YORK) -- The Federal Reserve is expected to raise interest rates on Wednesday in an effort to help battle inflation. The increase is expected to be half a percentage poin...
May 04, 2022
Kim Kardashian's Skims launches The Adaptive Collection for people with limited mobility
Skims(NEW YORK) -- This week, Skims, Kim Kardashian’s “solutions-oriented” brand of underwear, shapewear and loungewear, launched The Adaptive Collection for people with limited mobi...
May 04, 2022
New warning about rise in home-buying scams
Witthaya Prasongsin/Getty Images(NEW YORK) -- As home buyers face low inventory, many are eager to make a deal as soon as they can, which can put some are risk for scams. Experts are warning that real...
May 03, 2022
The Great Resignation: Its origins and what it means for future business
Jeenah Moon/Bloomberg via Getty Images(NEW YORK) -- In 2021, more than 47 million Americans quit their jobs, according to the Bureau of Labor Statistics - the most resignations on record. As resignati...
May 02, 2022
New Mexico expands program that could make child care free for many families
d3sign/Getty Images(NEW YORK) -- New Mexico is expanding a program that waives the cost of child care, an initiative that could make child care free for many families in the southwestern state. The an...
May 02, 2022
Diesel prices hit record high
David McNew/Getty Images(NEW YORK) -- It's not just regular gas prices that are higher. The rising cost for diesel fuel is having a ripple effect on truck drivers. The price for a gallon of diesel is ...
May 02, 2022
Dyson launches in-person professional stylist service in New York City
Dyson(NEW YORK) -- Dyson just announced the launch of its first-ever paid services at its Demo Store in New York City. Starting April 30, customers can have their hair professionally styled using a Dy...
Apr 29, 2022
US economy slows, sparking fears of recession
sefa ozel/Getty Images(NEW YORK) -- The U.S. economy shrank in the first three months of 2022, after years of growth, according to a new report. Economists had expected consumer spending to accelerate...
Apr 29, 2022
Elon Musk's bid to end SEC tweet settlement rejected by judge
Chesnot/Getty Images(NEW YORK) -- A federal judge in New York on Wednesday rejected Elon Musk’s request to terminate a settlement agreement with the Securities and Exchange Commission that he cl...
Apr 27, 2022
Archegos founder Bill Hwang charged in massive stock market fraud
Marilyn Nieves/Getty Images(NEW YORK) -- Federal prosecutors in New York on Wednesday announced criminal charges against the founder of a private investment firm and its chief financial officer for al...
Apr 27, 2022
