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Calculate how much Biden’s Inflation Reduction Act may save you

Wednesday, August 17 by ABC News

(WASHINGTON) --The Inflation Reduction Act, a $739 billion measure signed into law by President Joe Biden on Tuesday, levies a 15% minimum tax on large corporations and marks the most significant climate legislation in U.S. history. Meanwhile, the law will reduce the federal deficit... Read More.

Restaurant owners face challenges to balance rising costs, keep customers happy

Wednesday, August 17 by ABC News

(NEW YORK) -- Award-winning restaurateur Michael Scelfo has run kitchens post-9/11 and through the 2008 economic downturn, but he said the COVID-19 pandemic and soaring inflation have brought on prolonged issues businesses are still trying to figure out."What's so different this time around is... Read More.

Newer cars shrink gender disparity in car crash fatalities: Officials

Tuesday, August 16 by ABC News

(WASHINGTON) -- The newer the car, the safer it is for women drivers, the National Highway Traffic Safety Administration said in a new report Tuesday.While the NHTSA’s earlier report, published in 2013, found women to be at a much higher risk of fatality in... Read More.

Airfare will jump 20% this Labor Day, experts say

Tuesday, August 16 by ABC News

(WASHINGTON) -- Air travel fares may be starting to drop from their summer highs, but customers could pay the price to see family and take long-awaited vacations in the post-pandemic world, travel experts say.Hopper predicts this upcoming winter holiday season will be the most... Read More.

Industry group says most EVs will no longer qualify for federal tax credits

Tuesday, August 16 by ABC News

(WASHINGTON) -- Car buyers hoping to get a tax credit from the government for an electric vehicle after President Joe Biden signs the Inflation Reduction Act into law might find fewer vehicles that qualify.The Clean Vehicle Credit, a part of the Inflation Reduction Act... Read More.

Longtime Trump Organization CFO expected to plead guilty to tax charges, say sources

Tuesday, August 16 by ABC News

(NEW YORK) -- The Trump Organization's longtime chief financial officer, Allen Weisselberg, is expected to plead guilty to tax charges as soon as this week, sources familiar with the matter told ABC News.Weisselberg, 75, is currently scheduled to go on trial in the fall,... Read More.

Home Run Inn frozen pizza recalled over potential contamination

Tuesday, August 16 by ABC News

(WASHINGTON) -- A frozen food manufacturer issued a recall Sunday for more than 13,000 pounds of frozen meat pizza over possible contamination, the U.S. Department of Agriculture's Food Safety and Inspection Service said.Home Run Inn Frozen Foods said the food products "may be contaminated... Read More.

Thousands of Capri Sun cases recalled over potential cleaning solution contamination

Monday, August 15 by ABC News

(NEW YORK) -- As children are heading back to school this month, Kraft Heinz announced a recall on Friday of more than 5,000 cases of Capri Sun due to a possible contamination.This voluntary recall comes after the company announced the potential contamination affecting approximately... Read More.

More than 2 million infant rockers and swings recalled due to entanglement and strangulation hazards

Monday, August 15 by ABC News

(NEW YORK) -- More than 2 million infant rockers and swings have been recalled due to entanglement and strangulation hazards, leading to at least one death.The Consumer Product Safety Commission announced the voluntary recall Monday of certain 4moms MamaRoo Baby Swings and RockaRoo Baby... Read More.

Burned-out employees are ‘quiet quitting’ their jobs: What to know about the trend

Monday, August 15 by ABC News

(NEW YORK) -- When Paige West decided to scale back the amount of effort she was putting into her corporate job, she joined a growing workplace trend known as "quiet quitting.""When I was quiet quitting, I didn't want to constantly feel that stress of... Read More.

Has inflation finally peaked? Economists divided on extent of recent relief

Monday, August 15 by ABC News

(NEW YORK) -- Lower-than-expected inflation rates last week sent the S&P 500 soaring to its highest level in three months, reflecting optimism that price increases have peaked as businesses and consumers seek relief from budget-busting costs.While still elevated, price hikes last month waned from... Read More.

Abortion clinics in embattled states face another challenge: Money

Monday, August 15 by ABC News

(NEW YORK) -- When Katie Quinonez, the executive director of an abortion clinic in West Virginia, saw the Supreme Court decision that overturned the federal guarantee of the right to an abortion, the first word she uttered was an obscenity.The nonprofit Women's Health Center... Read More.

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