Category Archives: Business News – ABC Audio

Federal Reserve leaves interest rates unchanged despite stubborn inflation
Bloomberg Creative/Getty Images(WASHINGTON) -- The Federal Reserve left interest rates unchanged on Wednesday, despite stubborn inflation that has resisted the central bank's fight to cool price ...
Max Zahn, ABC News Nov 01, 2023

Biden executive order imposes new rules for AI. Here's what they are.
by Marc Guitard/Getty Images(WASHINGTON) -- President Joe Biden issued a wide-ranging executive order on Monday that aims to safeguard against threats posed by artificial intelligence, ensuring that b...
Max Zahn, ABC News Oct 30, 2023

General Motors reaches tentative deal to end strike with UAW
Witthaya Prasongsin/Getty Images(DETROIT) -- General Motors has reached a tentative deal with United Auto Workers to end their strike, GM and the union confirmed Monday. GM joins Stellantis and Ford, ...
Mary Kathryn Burke, Victor Ordonez , and Max Zahn, ABC News Oct 30, 2023

Sand, gravel, snow: Latest sports cars can go off-roading too
Porsche(NEW YORK) -- It was an outlandish concept. Take a Lamborghini Huracan -- a low-slung, outrageously fast coupe -- and transform it into an "all-terrain super sports car." Lamborghinis are built...
Morgan Korn, ABC News Oct 30, 2023

UAW and Stellantis reach tentative contract agreement
Emily Elconin/Bloomberg via Getty Images(DETROIT) -- The United Auto Workers union and Stellantis announced Saturday they have reached a tentative agreement, more than 40 days after the union launched...
Meredith Deliso and Victor Ordonez, ABC News Oct 30, 2023

Online retailer Shein has catapulted to the top of fast fashion -- but not without controversy
Allen J. Schaben/Los Angeles Times via Getty Images(NEW YORK) -- Online retailer Shein has become well-known for its massive inventory of trendy clothing produced and sold to consumers on the cheap. I...
Karen Ye, Jaclyn Skurie, Elizabeth Mendez and Tara Guaimano, ABC News Oct 27, 2023

US economy grew at blistering pace in third quarter
Javier Ghersi/Getty Images(NEW YORK) -- The U.S. economy grew at a blistering pace over three months ending in September, more than doubling growth in the previous quarter and rebuking worries about a...
Max Zahn, ABC News Oct 26, 2023

UAW reaches tentative deal with Ford
fredrocko/Getty Images(NEW YORK) -- Ford Motor and United Auto Workers union (UAW) have reached a tentative agreement that would end the strike at Ford, both parties confirmed Wednesday night. "Record...
Ivan Pereira, Victor Ordonez and William Kim, ABC News Oct 26, 2023

Changes to frequent flyer programs hit budget carriers like Frontier Airlines
Greg Bajor/Getty Images(NEW YORK) -- Being a frequent flyer has gotten crowded and the rewards for being a repeat customer are seeing major changes. Frontier Airlines is the latest to join the growing...
Kelly McCarthy, ABC News Oct 25, 2023

AMC announces new Screen Unseen program: What to know
LPETTET/Getty Images(NEW YORK) -- AMC Theatres is adding a bit of mystery to the moviegoing experience. On Tuesday, the theater chain announced its first Screen Unseen event, which it said allows cust...
Carson Blackwelder, ABC News Oct 25, 2023
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