Category Archives: Business News – ABC Audio
Elon Musk releases code for his AI chatbot Grok. Here's why it matters
SpaceX, Twitter and Tesla CEO Elon Musk, arrives for a US Senate bipartisan Artificial Intelligence (AI) Insight Forum at the U.S. Capitol, Sept. 13, 2023, in Washington. (Stefani Reynolds/AFP via Get...
Mar 20, 2024
Fed holds interest rates steady, postponing rate cuts amid stubborn inflation
Bloomberg Creative/Getty Images(WASHINGTON) -- The Federal Reserve held interest rates steady on Wednesday, opting to keep rates highly elevated as progress toward lower inflation has stalled. The mov...
Mar 20, 2024
Is TikTok different in China? Here's what to know
Karl Tapales/Getty Images(NEW YORK) -- The push in Washington, D.C., for a potential TikTok ban has drawn mounting scrutiny toward the app over data privacy risks tied to Chinese-owned parent company ...
Mar 19, 2024
Companies behind Hershey and Cadbury chocolate signal possible price hikes amid cocoa cost surge
Hershey Co. candy bars are displayed for sale inside of the company's Chocolate World visitor center in Hershey, Pa., Nov. 28, 2017. (Luke Sharrett/Bloomberg via Getty Images)(NEW YORK) -- Easter is o...
Mar 19, 2024
'Closed for paid leave': More than 70 businesses nationwide shut doors on day of action
Thana Prasongsin/Getty Images(NEW YORK) -- More than 70 businesses across the country shut their doors Monday in a show of solidarity to call for federal paid family and medical leave.The day of actio...
Mar 19, 2024
Target limits self-checkout for customers with 10 items or fewer
ABC NewsTarget has brought a change into what was considered a quicker alternative for its customers to make purchases at its stores.The retail corporation announced Thursday via press release that it...
Mar 18, 2024
Will Bernie Sanders' proposed 32-hour workweek pass Congress?
Chip Somodevilla/Getty Images(NEW YORK) -- A push to slash the standard workweek from 40 hours to 32 achieved a breakthrough this week, gaining a foothold in the Senate with a proposal that would requ...
Mar 16, 2024
Selling a home is about to get cheaper after historic settlement
Joe Raedle/Getty Images(NEW YORK) -- The cost of selling a home could soon go down after the National Association of Realtors agreed to a historic settlement.The powerful trade group, which represents...
Mar 16, 2024
Debunking four myths about TikTok
TikTok supporters are seen outside the U.S. Capitol before the House passed the Protecting Americans from Foreign Adversary Controlled Applications Act, that could ban TikTok in the U.S., March 13, 20...
Mar 15, 2024
Small business owners weigh in on how they are coping with current economy
ABC News(NEW YORK) -- Market reports show the U.S. economy is seeing strong job numbers and a waning inflation rate, but some small business owners tell ABC News they are still feeling the pinch.When ...
Mar 14, 2024
