Category Archives: Business News – ABC Audio
Benny T's Vesta Dry Hot Sauces recalled due to possible life-threatening mislabeling issue
FDA(NEW YORK) -- Spicy condiments from spreads to sauce have been dubbed a top food trend of 2024, but one brand is alerting consumers to toss out some of its products, as they could be dangerous for ...
Jan 11, 2024
US approves Bitcoin investment product. Here's why it matters
Namthip Muanthongthae/Getty Images(NEW YORK) -- The Securities and Exchange Commission on Wednesday gave its approval for some Bitcoin ETFs, just a day after a fake post on the agency's account o...
Jan 10, 2024
Should you invest in CDs while interest rates fall? Experts weigh in
Catherine McQueen/Getty Images(NEW YORK) -- After a high-flying performance last year, the stock market has dropped at the outset of 2024. The turnabout has sent some investors looking for alternative...
Jan 10, 2024
Boeing stock price falls nearly 10% after 737 Max 9 incident, FAA order
Greg Bajor/Getty Images(NEW YORK) -- Shares of Boeing have plunged nearly 10% this week after a door plug blew out of the company's 737 Max 9 aircraft during an Alaska Airlines flight. The incident, w...
Jan 09, 2024
Fast food workers in California to earn $20 an hour. What does it mean for workers nationwide?
MJHollinshead/Getty Images(LOS ANGELES) -- Fast food workers defied skeptics roughly a decade ago with the "Fight for $15," a campaign demanding an industry-wide pay floor at more than double the fede...
Jan 08, 2024
What are Trump's plans for the economy in a potential 2nd term?
Anna Moneymaker/Getty Images(NEW YORK) -- Days away from the first ballots cast in the 2024 primary election, former President Donald Trump holds a commanding lead over his Republican rivals and ...
Jan 06, 2024
Why TGI Fridays will close multiple locations this year
Bruce Bennett/Getty Images(NEW YORK) -- TGI Fridays is starting off the new year by shuttering dozens of locations to support the restaurant chain's long-term growth strategy, which it said includes a...
Jan 04, 2024
Starbucks launches reusable cup option for mobile and drive-thru orders
JohnFScott/Getty Images(NEW YORK) -- Starbucks will become the first nationwide coffee retailer to accept reusable cups for mobile orders, effective immediately, the coffeehouse chain said in a releas...
Jan 04, 2024
Families' lawsuit against Snapchat alleging the platform enables drug dealers allowed to move forward
Witthaya Prasongsin/Getty Images(NEW YORK) -- Dozens of families who are suing Snap Inc., the parent company of Snapchat, won a legal victory Tuesday when a judge in California ruled their lawsuit aga...
Jan 04, 2024
Mortgage rates are plummeting. Should homebuyers jump into the market?
moodboard/Getty Images(NEW YORK) -- Mortgage rates have plummeted in recent weeks, boosting the prospects of homebuyers previously stifled by high borrowing costs. Many forecasters predict mortgage ra...
Jan 03, 2024
