Category Archives: Business News – ABC Audio
Inflation fell markedly in January, according to latest data
Noel Hendrickson/Getty Images(NEW YORK) -- Consumer prices rose 3.1% in January compared to a year ago, slowing markedly from the previous month but missing expectations of an even larger cooldown, a ...
Feb 12, 2024
Why are there so many car recalls? Experts weigh in
Ditto/Getty Images(NEW YORK) -- Honda and Acura recalled a combined 750,000 cars this week over an airbag defect, becoming the latest in a series of recalls this year that has touched carmakers from T...
Feb 09, 2024
Big Pharma CEOs grilled on Capitol Hill over drug prices: 4 key takeaways
Tierney L. Cross/Bloomberg via Getty Images(WASHINGTON) -- Senators grilled chief executives from three top pharmaceutical companies over prescription drug prices during an hourslong committee he...
Feb 08, 2024
Google joins effort to increase transparency online with new digital standard
Google Headquarters is seen in Mountain View, California, United States on May 15, 2023. (Tayfun Coskun/Anadolu Agency via Getty Images)(NEW YORK) -- Google announced Thursday that it is joining a coa...
Feb 08, 2024
Why 2024 may be the best year to buy a new car or truck
Witthaya Prasongsin/Getty Images(NEW YORK) -- Many Americans have put off buying a new sport utility vehicle or truck because of steep prices and high interest rates. Now, however, may be the right ti...
Feb 08, 2024
The economic surge feels like a drag? Your state may be underperforming
Anton Petrus/Getty Images(NEW YORK) -- The U.S. economy shattered expectations in recent weeks, extending a run of overachievement that has quieted some of the most skeptical economists. Americans, ho...
Feb 08, 2024
Homeland Security Investigations cracks down on counterfeit goods ahead of Super Bowl
ABC News(NEW YORK) -- Homeland Security Investigations is cracking down on counterfeit goods before Super Bowl LVIII, a top HSI official told ABC News. "We're looking at folks, criminal organizations ...
Feb 08, 2024
ESPN, Warner Discovery, Fox Sports to launch joint sports streaming network
Igor Golovniov/SOPA Images/LightRocket via Getty Images)(NEW YORK) -- ESPN, Warner Discovery and Fox Sports announced Tuesday that they will partner to create a massive new streaming network dedicated...
Feb 06, 2024
McDonald's stock price drops after CEO promises affordability during latest earnings call
Anton Petrus/Getty Images(NEW YORK) -- Quick and cheap are two of the first words that come to mind when thinking about fast food. But some McDonald's customers have criticized the restaurant giant ov...
Feb 06, 2024
Americans' credit card debt hits record $1.13 trillion
IronHeart/Getty Images(NEW YORK) -- Americans' credit card balances climbed to a new record high $1.13 trillion, according to data released Tuesday by the Federal Reserve Bank of New York. Credit card...
Feb 06, 2024
