Business

Hot inflation likely to delay interest rate cuts. Heres what to expect

Thursday, April 11 by ABC News

(NEW YORK) -- Consumers saddled with high credit card and mortgage rates held onto a source of solace in recent months: A forecast from the Federal Reserve promising long-awaited interest rate cuts.The economy has refused to cooperate, however, casting that financial relief into doubt.Fresh... Read More.

Internet service now comes with nutrition label-style information about prices

Thursday, April 11 by ABC News

(NEW YORK) -- Starting Wednesday, internet users will now have more transparency about their broadband services.The Federal Communications Commission now requires broadband providers to display all the information about the price and performance of their services in clear labels.Alejandro Roark, the chief of the... Read More.

Ridiculous: USPS proposes raising the prices of 1st class stamps to 73 cents

Wednesday, April 10 by ABC News

(WASHINGTON) -- If the U.S. Postal Service gets its way, the price of a first-class stamp will go up for the fourth time in less than two years.The USPS is proposing hiking the cost of a first-class stamp to 73 cents, or roughly 7%... Read More.

Inflation surged higher in March

Wednesday, April 10 by ABC News

(NEW YORK) -- Consumer prices rose 3.5% in March compared to a year ago, accelerating markedly from the previous month and reversing some of the progress achieved in a two-year fight to cool inflation, U.S. Bureau of Labor Statistics data showed. The finding matched... Read More.

Inflation expected to have surged higher in March

Wednesday, April 10 by ABC News

(NEW YORK) -- Elected officials, investors, and everyday households await fresh inflation data on Wednesday that is set to reveal whether the fight to cool price increases remains mired in a rough patch.Price increases have cooled dramatically from a peak of about 9%, but... Read More.

Tesla stock has plummeted this year. Will the company recover?

Tuesday, April 9 by ABC News

(NEW YORK) -- Tesla, the Elon Musk-led electric vehicle company, appears desperate for a tune-up.The company’s share price has plummeted more than 25% so far this year, making it one of the worst-performing stocks in the S&P 500. Over the same period, that index... Read More.

Cybersecurity expert shares what guests, hotels should know in wake of Omni breach

Tuesday, April 9 by ABC News

(NEW YORK) -- In the wake of a recent cyberattack on Omni Hotels & Resorts that prompted a "shut down [of] its systems to protect and contain its data," experts are reminding people of the actions guests can take to preserve their digital safety... Read More.

How Walmart shoppers can qualify for cash from $45 million settlement

Tuesday, April 9 by ABC News

(NEW YORK) -- Walmart shoppers may be entitled to up to $500 in cash after the retail giant agreed to pay $45 million to settle a class action lawsuit over "weighted goods."The company, which has denied any wrongdoing, was accused of overcharging customers for... Read More.

Whats after AI? The next watershed technology could be quantum computing

Friday, April 5 by ABC News

(NEW YORK) -- Artificial intelligence commands the attention of corporate giants and political leaders but a global race is underway to develop what some experts consider the next transformative technology: quantum computing.The computers, which draw on theoretical physics, could drive advances in everything from... Read More.

How Rochester, New York, hopes the eclipse brings a lasting economic boom to city

Friday, April 5 by ABC News

(ROCHESTER, N.Y.) -- Seven years ago, Debra Ross wondered why she should care about an eclipse.Her daughter, Ella, vowed that she would get her driver's license and that they would take a road trip to Missouri to see the 2017 total solar eclipse that... Read More.

Boeing paid Alaska Airlines $160M in compensation after door plug incident, airline says

Thursday, April 4 by ABC News

(NEW YORK) -- Boeing has paid Alaska Air Group approximately $160 million in compensation following the door plug incident on Alaska flight 1282, according to an SEC filing from the carrier.Alaska said the money is "initial compensation" from Boeing "to address the financial damages... Read More.

Cosmic yoga, portable toilets: Solar eclipse will deliver tourism boom for economy

Thursday, April 4 by ABC News

(NEW YORK) -- A fully booked hotel in Maine said it received its first request from a solar eclipse tourist five years ago. A portable toilet vendor in Indiana said it is doing 10 times more business than it usually would at this time... Read More.

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Hot inflation likely to delay interest rate cuts. Heres what to expect

Internet service now comes with nutrition label-style information about prices

Ridiculous: USPS proposes raising the prices of 1st class stamps to 73 cents

Inflation surged higher in March

Inflation expected to have surged higher in March

Tesla stock has plummeted this year. Will the company recover?

Cybersecurity expert shares what guests, hotels should know in wake of Omni breach

How Walmart shoppers can qualify for cash from $45 million settlement

Whats after AI? The next watershed technology could be quantum computing

How Rochester, New York, hopes the eclipse brings a lasting economic boom to city

Boeing paid Alaska Airlines $160M in compensation after door plug incident, airline says

Cosmic yoga, portable toilets: Solar eclipse will deliver tourism boom for economy

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