Category Archives: Business News – ABC Audio
Target, McDonald's and Wendy's announce discounts. Has a price war broken out?
ermingut/Getty Images(NEW YORK) -- For more than three years, rapid inflation has frustrated shoppers scanning store shelves for deals. But a host of prominent companies are finally delivering relief....
May 23, 2024
Aldi stores focusing on low grocery prices this summer, CEO says
ABC News(NEW YORK) -- As inflation continues to worry Americans, Aldi CEO Jason Hart said the discount grocery chain is focused on keeping grocery prices low as the summer season heats up.Hart joined ...
May 23, 2024
Justice Department seeks breakup of Live Nation-Ticketmaster through major antitrust suit
In this April 17, 2024, file photo, the Live Nation website is shown on a laptop in New York. (Bloomberg via Getty Images)(WASHINGTON) -- The Justice Department and dozens of state attorneys general f...
May 23, 2024
FDIC head who oversaw alleged 'toxic culture' to stay until his replacement. Experts say that risks more harm
The Federal Deposit Insurance Corp. (FDIC) headquarters in Washington, D.C., May 20, 2024. (Al Drago/Bloomberg via Getty Images)(WASHINGTON) -- The head of the Federal Deposit Insurance Corporation sa...
May 23, 2024
'Now it's bare': NYC's Chinatown small businesses battle to keep doors open
The Ting family spoke to ABC News about their generational store Ting's Gift Shop in Chinatown. (ABC News)(NEW YORK) -- Ting's Gift Shop in New York City's bustling Chinatown has shuttered after 66 ye...
May 23, 2024
Wendy’s launches $3 English muffin breakfast combo amid soaring prices in fast food
The Wendy's Company(NEW YORK) -- Wendy’s is enticing its customers with a new deal amid increased prices at fast food chains.Beginning Monday, May 20, customers can get a breakfast combination d...
May 21, 2024
Target to cut prices on 5,000 items: See which items will cost less
A Target store stands in Manhattan on March 5, 2024 in New York City. (Spencer Platt/Getty Images)(NEW YORK) -- Retail giant Target announced Monday it is lowering prices on around 5,000 items in its ...
May 21, 2024
Red Lobster voluntarily files for Chapter 11 bankruptcy
RapidEye/Getty Images(NEW YORK) -- Red Lobster has voluntarily filed for Chapter 11 bankruptcy, according to a recent press release shared with ABC News.The largest seafood chain in the U.S., home to ...
May 21, 2024
Is it too late to join the bull market? Experts weigh in.
Michael M. Santiago/Getty Images(NEW YORK) -- The blazing hot stock market seems to set new records just about every day.The Dow Jones Industrial Average stands above 40,000 for the first time in hist...
May 20, 2024
Trump trusted more than Biden on inflation, a top issue for voters, poll shows
Morry Gash-Pool/Getty Images(NEW YORK) -- U.S. adults trust former President Donald Trump over President Joe Biden on the issue of inflation by a double-digit margin, according to a new ABC News/Ipsos...
May 18, 2024
