Category Archives: Business News – ABC Audio
Why are investors turning to bonds? Experts weigh in
Spencer Platt/Getty Images(NEW YORK) -- Stock market turmoil earlier this month prompted some investors to ditch stocks in favor of an alternative typically viewed as safer but less exciting: bonds.Th...
Aug 14, 2024
Trump voiced labor-friendly views in meeting with Teamsters before union president spoke at RNC
President of the International Brotherhood of Teamsters Sean O'Brien speaks on the first day of the Republican National Convention, July 15, 2024, in Milwaukee. (Chip Somodevilla/Getty Images)(NEW YOR...
Aug 14, 2024
Inflation cooled in July, reaching lowest level since March 2021
Javier Ghersi/Getty Images(NEW YORK) -- Consumer prices rose 2.9% in July compared to a year ago, cooling slightly from the previous month and extending a monthslong slowdown of price increases. The f...
Aug 14, 2024
The biggest car auctions of 2024 are about to happen. Will recession fears damper excitement among buyers?
RapidEye/Getty Images(NEW YORK) -- Are a 1938 Alfa Romeo 8C 2900B Lungo Spider and a 1960 Ferrari 250 GT SWB California enough to convince wealthy collectors to shell out millions of dollars at Califo...
Aug 14, 2024
Chuck E. Cheese launches membership plans to help families save up to 50%
A sign is posted in front of a Chuck E. Cheese pizza restaurant on Dec. 18, 2023 in Hayward, Calif. (Justin Sullivan/Getty Images, FILE)(NEW YORK) -- Chuck E. Cheese has just the ticket for parents lo...
Aug 13, 2024
Hotel junk fees are still a thing: Here’s how to protect yourself
Nadija Pavlovic/Getty Images(NEW YORK) -- Junk, resort, destination, urban, and amenity fees are pseudonyms for the mandatory, often unexpected surcharges you might find tackled on your hotel bill. Ac...
Aug 13, 2024
Trump wants a role in setting interest rates. Some economists say it's a bad idea
Bloomberg Creative/Getty Images(NEW YORK) -- Former President Donald Trump recently said the president should have a role in setting interest rates that determine costs for everything from mortgages t...
Aug 13, 2024
Pumpkin spice latte season returns: Where to get the coveted fall flavors early
Krispy Kreme(NEW YORK) -- Although the first day of fall is still over a month away on the calendar, food and beverage brands are betting big on their seasonal bestsellers early, rolling out the retur...
Aug 13, 2024
How did the stock market bounce back from its worst day in years?
Berkah/Getty Images(NEW YORK) -- Volatility overtook the stock market last week, amplifying worries about a possible recession and stoking panic among investors.By the end of the week, however, the ma...
Aug 12, 2024
Canceling subscriptions should be as easy as signing up, new federal rule says
Carol Yepes/Getty Images(WASHINGTON) -- In an effort to beef up protections for consumers against corporations, the Biden administration on Monday announced a handful of policies to crack down on "hea...
Aug 12, 2024
