Business

How the ‘loud budgeting’ viral trend could help you save money

Monday, January 22 by ABC News

(NEW YORK) -- TikTok users are loud and proud, not just about their dance moves and style choices, but also when it comes to budgeting.The recent #loudbudgeting trend, which has racked up nearly 10 million views and counting, is all about sharing your savings... Read More.

Dow closes above 38,000 for 1st time ever, setting record high

Monday, January 22 by ABC News

(NEW YORK) -- The Dow Jones Industrial Average closed above 38,000 for the first time ever on Monday, setting a record high and capping a steady rise that stretches back to last week.The S&P 500 also reached a record high, closing at about 4,850.The... Read More.

Microsoft corporate emails hacked by Russian-backed group, company says

Friday, January 19 by ABC News

(NEW YORK) -- Microsoft revealed Friday that some of its corporate email accounts were hacked by a Russian-backed group.The tech company said in a blog post that its security team detected the attack on Jan. 12 and quickly identified the group responsible: Midnight Blizzard,... Read More.

Sports Illustrated’s publisher terminates most of staff in mass layoff

Friday, January 19 by ABC News

(NEW YORK) -- Sports Illustrated employees were notified on Friday that their jobs were being terminated.The Sports Illustrated union posted on X: "This is another difficult day in what has been a difficult four years for Sports Illustrated under Arena Group (previously The Maven)... Read More.

US postage stamp and shipping prices go up Sunday

Friday, January 19 by ABC News

(NEW YORK) -- The U.S. Postal Service will increase stamp prices starting Sunday, a USPS representative confirmed to "Good Morning America."The cost of first-class stamps will rise from 66 cents to 68 cents for letters weighing one ounce or less.Package shipping costs will also... Read More.

Credit card debt reaches record high in US

Friday, January 19 by ABC News

(NEW YORK) -- U.S. credit card debt has soared over the last couple of years and recently it reached a major milestone.Americans' combined credit card balances topped $1 trillion dollars last year, according to the Federal Reserve Bank of New York.By comparison, combined credit... Read More.

Big Tech layoffs are back. Are other workers at risk?

Thursday, January 18 by ABC News

(NEW YORK) -- Big Tech companies laid off hundreds of employees in recent days, commanding headlines and confronting workers across the economy with a question: Am I next?Amazon and Google each imposed cuts, with Apple shutting down a 121-person team in San Diego, Calif.,... Read More.

US hiring stalled and prices increased modestly in recent weeks, Fed report says

Thursday, January 18 by ABC News

(NEW YORK) -- U.S. economic activity changed little in recent weeks as hiring stalled, prices grew modestly and the private sector feared uncertainty tied to the 2024 election, a Federal Reserve report released on Wednesday showed.A rosy outlook nevertheless pervaded the findings, since industry... Read More.

Bank overdraft fees may soon plummet. Here’s what to know.

Wednesday, January 17 by ABC News

(NEW YORK) -- Tens of millions of Americans who overdraft on their bank accounts each year may soon enjoy major relief.The government agency in charge of protecting consumers' finances introduced a new rule to rein in overdraft fees charged by banks.Americans paid a total... Read More.

What to know about a proposed Wisconsin tax on electric vehicle chargers

Wednesday, January 17 by ABC News

(NEW YORK) -- Electric vehicle charging stations could spring up at gas stations and grocery stores throughout Wisconsin, after the state Senate passed a proposed bill on Tuesday.The bill, which passed by a 30-2 vote, would ease restrictions on businesses that install chargers and... Read More.

The state of self-checkout: Target tests a new system as retailers combat long lines, inventory loss

Wednesday, January 17 by ABC News

(NEW YORK) -- Several major retailers are re-evaluating self-checkout for customers after analysts have seen inventory loss."Retailers are really starting to use technology in order to look at the shrink problem," Hitha Herzog, chief research officer of H Squared Research, told ABC News' Good... Read More.

Elon Musk wants more control of Tesla. Why some experts say it could be risky

Tuesday, January 16 by ABC News

(NEW YORK) -- Tesla CEO Elon Musk is seeking greater voting control of the electric carmaker, threatening to otherwise pursue major projects such as artificial intelligence outside of the company, he said in a post on X.The Tesla board, Musk said, should grant him 25%... Read More.

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How the ‘loud budgeting’ viral trend could help you save money

Dow closes above 38,000 for 1st time ever, setting record high

Sports Illustrated’s publisher terminates most of staff in mass layoff

US postage stamp and shipping prices go up Sunday

Credit card debt reaches record high in US

Big Tech layoffs are back. Are other workers at risk?

US hiring stalled and prices increased modestly in recent weeks, Fed report says

Bank overdraft fees may soon plummet. Here’s what to know.

What to know about a proposed Wisconsin tax on electric vehicle chargers

The state of self-checkout: Target tests a new system as retailers combat long lines, inventory loss

Elon Musk wants more control of Tesla. Why some experts say it could be risky

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