Category Archives: Business News – ABC Audio

Tayfun Coskun/Anadolu via Getty Images)(ISSAQUAH ,WA) -- In pursuit of increased wages and renegotiated employee benefits, more than 18,000 Costco union members nationwide voted to authorize a strike ...

Scott Olson/Getty Images(NEW YORK) -- Cryptocurrencies affiliated with President Donald Trump and first lady Melania Trump plummeted in the initial hours after Trump was sworn into office Monday."Offi...

ABC NewsTikTok said Sunday it's "restoring service" after a ban in the United States initially began to take effect earlier in the day."In agreement with our service providers, TikTok is in the proces...

Javier Ghersi/Getty Images(WASHINGTON) -- Consumer prices rose 2.9% in December compared to a year ago, ticking up from the previous month and extending a resurgent bout of inflation just days before ...

Benjamin Fanjoy/Bloomberg via Getty Images(LOS ANGELES) -- Multiple fires raging across the Los Angeles area will cost insurers as much as $30 billion, Wells Fargo and Goldman Sach...

Michael M. Santiago/Getty Images(NEW YORK) -- TikTok mounted a last-ditch effort at the Supreme Court on Friday meant to stop a ban of the app set to take effect within days -- but the platform's argu...

Alexandr Kolesnikov/Getty Images(NEW YORK) -- Online holiday shopping soared to a fresh record high in 2024, driven by an array of e-commerce discounts and adoption of AI-fueled shopping ass...

David Paul Morris/Bloomberg via Getty Images(NEW YORK) -- Facebook plans to replace its fact-checkers with "community notes," a move that Meta CEO Mark Zuckerberg said would allow the social network t...

Prapass Pulsub via Getty Images(WASHINGTON) -- In a major change that could affect millions of Americans' credit scores, the Consumer Financial Protection Bureau on Tuesday finalized a rule to remove ...

CHRIS KLEPONIS/AFP via Getty Images(WASHINGTON) -- President Joe Biden on Friday announced a decision to block the $14 billion acquisition of U.S. Steel by Japan-based Nippon Steel, saying domesticall...