Category Archives: Business News – ABC Audio
Starbucks sales are slumping. Is it a bellwether for the economy?
JohnFScott/Getty Images(NEW YORK) -- Starbucks shares have plummeted more than 17% in value since the company revealed a sales slump in an earnings report last week.“The brand is incredibly resi...
May 07, 2024
Interest rates may stay high for longer. Here’s what it means for the 2024 election.
Javier Ghersi/Getty Images(NEW YORK) -- At the start of 2024, the economy appeared to deliver just about everything President Joe Biden could want: falling inflation, robust growth and a forecast of i...
May 07, 2024
More people support than oppose a TikTok ban; frequent users, young adults push back: POLL
5./15 WEST/Getty Images(NEW YORK) -- Young adults and frequent users push back against the federal government forcing a sale of TikTok or banning the social media app in the United States, but older a...
May 07, 2024
Some Planters nuts recalled for potential listeria contamination
FDA(NEW YORK) -- Publix and Dollar Tree shoppers should check their pantries for two types of Planters brand nuts that were recently recalled across five states.In a company announcement dated May 3 a...
May 07, 2024
Boeing locks out its firefighters amid union fight for pay
David Madison/Getty Images(WASHINGTON) -- Boeing officially locked out its unionized firefighters in Washington after the firefighter's union failed to come to an agreement with the company after two-...
May 04, 2024
April jobs report misses expectations, signaling a possible slowdown
Catherine Falls Commercial/Getty Images(NEW YORK) -- A worse-than-expected jobs report on Friday offered the latest evidence of an economic slowdown that could help ease inflation and trigger interest...
May 04, 2024
Hawaii counties get more say over short-term rentals amid housing crisis in aftermath of Maui wildfires
A person golfs on the first day of tourism resuming in west Maui, two months after a devastating wildfire, on Oct. 08, 2023 near Lahaina, Hawaii. Mario Tama/Getty Images, FILE(HONOLULU) -- Hawaii Gov....
May 03, 2024
Interest rates could be high for much longer. Here's what it means for your finances
Tetra Images/Getty Images(NEW YORK) -- For months, the Federal Reserve has forecasted interest rate cuts that would deliver much-needed relief for Americans burdened by high mortgage and credit card l...
May 02, 2024
Ahead of election, Lyft CEO details company's newest efforts to boost voter turnout
Hill Street Studios/Getty Images(NEW YORK) -- Ahead of the upcoming election in November, the popular ride-sharing service Lyft announced a partnership that its CEO said he hopes continues the company...
May 02, 2024
Tipping point: Viral video sparks questions about gratuities
Tetra Images/Getty Images(NEW YORK) -- Tipping has seen a shift, especially compared to pre-pandemic, when the cost of food and everything else was lower, but one man's recent experience that went vir...
May 02, 2024
