Category Archives: Business News – ABC Audio
FTC proposes new rule to ban junk fees, potentially saving consumers 'tens of billions'
Catherine McQueen/Getty Images(WASHINGTON) -- The Federal Trade Commission is proposing a new rule that seeks to eliminate junk fees -- those hidden costs that can unexpectedly push up prices consumer...
Oct 11, 2023
Israel-Hamas war causes spike in oil prices. Here’s what it means for gas costs, inflation
Momen Faiz/NurPhoto via Getty Images(NEW YORK) -- Oil prices have climbed over fears the Israel-Hamas war could embroil the wider petroleum-producing Gulf region and threaten global output. The g...
Oct 10, 2023
Hollywood writers ratify 2023 tentative agreement with AMPTP
Eric Thayer/Bloomberg via Getty Images(LOS ANGELES) -- Hollywood writers in the Writers Guild of America have ratified the 2023 tentative agreement with the Alliance of Motion Picture and Television P...
Oct 10, 2023
NFT creator wins multimillion-dollar lawsuit, paving ways for other artists to 'stand up for themselves'
Courtesy of Danny Casale.(NEW YORK) -- If you’re feeling unseen because you are not doing what others in society are expecting you to do, whether socializing on the weekends, or figuring out lif...
Oct 09, 2023
US economy adds 336,000 jobs in september
Kwanchai Lerttanapunyaporn / EyeEm/Getty Images(WASHINGTON) -- U.S. employers continued hiring in September, despite increased interest rates and an uncertain economic outlook. Employers added 336,000...
Oct 06, 2023
SEC seeks to force Elon Musk to testify in investigation into Twitter purchase
Nathan Howard/Getty Images(NEW YORK) -- The Securities and Exchange Commission on Thursday sought to force Elon Musk to sit for a deposition as part of an ongoing investigation about his purchase of T...
Oct 05, 2023
No time to return a package? Let Uber do it
Uber(NEW YORK) -- Uber announced Wednesday that it will now offer customers the option to request a courier to return packages for them. The new offering is launching ahead of the upcoming holiday sea...
Oct 05, 2023
Former FTX CEO Sam Bankman-Fried's trial set to begin Tuesday
ABC News(NEW YORK) -- The trial of Sam Bankman-Fried, FTX founder and former crypto billionaire, is set to begin Tuesday with jury selection after federal prosecutors accused him of orchestrating one ...
Oct 03, 2023
Autoworkers strike has cost US economy nearly $4B, report says
Patrick T. Fallon/AFP via Getty Images(NEW YORK) -- An ongoing strike carried out by tens of thousands of autoworkers has cost the U.S. economy billions of dollars, denying workers their wages and cut...
Oct 03, 2023
SNAP benefits increase as eligibility requirements change through 2024
Noel Hendrickson/Getty Images(NEW YORK) -- Millions of Americans rely on the Supplemental Nutrition Assistance Program, or SNAP, for benefits to supplement their grocery budget to afford nutritious fo...
Oct 03, 2023
