Business

SpaceX sued by Justice Department over alleged asylee, refugee discrimination

Thursday, August 24 by ABC News

(WASHINGTON) -- The Department of Justice is suing SpaceX, the aerospace company owned by Elon Musk, over alleged discriminatory practices against people living in the country under asylum and refugees.The federal government contends in its civil lawsuit, which was filed Thursday, that the company... Read More.

Starbucks Pumpkin Spice Latte makes early fall debut for 20th anniversary

Thursday, August 24 by ABC News

(NEW YORK) -- Despite the date on the calendar, brands are already busy preparing their post-summer push for all things pumpkin spice, unleashing fall offerings a full 28 days before the last day of summer.For fans of the expeditious mental shift in seasons, Starbucks... Read More.

Walmart drops Top Toys List for 2023 holiday season

Thursday, August 24 by ABC News

(NEW YORK) -- Believe it or not, the holiday season is quickly approaching.Mega-retailer Walmart released its highly anticipated Top Toys List for the 2023 season this week to help you get a head start on your shopping list."The holiday season is just around the... Read More.

Slow housing market may not heat up anytime soon, analysts say: ‘The party is over’

Wednesday, August 23 by ABC News

(NEW YORK) -- Sky-high mortgage rates have helped slam the brakes on the housing market, recent data shows.Mortgage rates climbed to their highest levels in 21 years, Freddie Mac data showed last week. The 30-year fixed-rate mortgage averaged 7.09% over the week ending on... Read More.

Writers Guild sharply rebukes latest offer from Hollywood studios

Wednesday, August 23 by ABC News

(NEW YORK) -- The Writers Guild rejected the latest offer from TV and movie studios in a statement on Tuesday night, thrusting the acrimonious negotiations into public view 113 days after Hollywood writers went on strike.The three-year contract offer includes a combined 13% pay... Read More.

Fyre Festival 2 tickets on sale and customers are buying, disgraced founder says

Wednesday, August 23 by ABC News

(NEW YORK) -- The disgraced founder of the 2017 Fyre Festival, Billy McFarland, is selling tickets for a follow-up event and customers are buying them, he said in recent posts on Instagram.An initial batch of tickets for Fyre Festival 2 sold out just two... Read More.

Sales slumps at Target and Bud Light may fuel more boycotts, experts say

Tuesday, August 22 by ABC News

(NEW YORK) -- Target's sales declined over a three-month period for the first time in six years, the company announced last week, attributing the loss in part to what the company's Executive Vice President Christina Hennington described as the "strong reaction" to its Pride... Read More.

Generation Z sees biggest increase in credit card debt, Gen X has highest balance: Report

Tuesday, August 22 by ABC News

(NEW YORK) -- Generation Z is racking up more credit card debt than previous generations, while Generation X holds the highest average of credit card debt, according to recent data from Credit Karma.Between April and June 2023, Gen Z, people born between 1997 and... Read More.

Big business mulls approach to Trump bid after opposing 2020 election lies

Monday, August 21 by ABC News

(NEW YORK) -- Three days after Election Night 2020, dozens of CEOs from the nation's largest companies logged into a Zoom call aiming to prevent the collapse of American democracy, according to several attendees who spoke to ABC News.The night before, then-President Donald Trump... Read More.

Amid spread of AI tools, advocates for new digital standard say it would help sort fact from fiction

Monday, August 21 by ABC News

(NEW YORK) -- Experts tell ABC News that the rise of generative artificial intelligence is making it more challenging for the public to tell fact from fiction -- and with the 2024 presidential race only a little more than a year away, some are... Read More.

Mortgage rates surge to 21-year high

Thursday, August 17 by ABC News

(NEW YORK) -- Mortgage rates have climbed to their highest levels in 21 years, according to data released by Freddie Mac on Thursday.The 30-year fixed-rate mortgage averaged 7.09% over the week ending on Thursday, marking a significant increase from 6.96% the week prior, the... Read More.

Special counsel sought Trump’s Twitter DMs despite ‘extraordinary’ pushback from company, court documents say

Thursday, August 17 by ABC News

(NEW YORK) -- Special counsel Jack Smith earlier this year sought extensive data, including direct messages, tied to former President Donald Trump's account on X, formerly known as Twitter, court filings unsealed on Tuesday show.The pursuit came amid pushback from X centered on a... Read More.

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SpaceX sued by Justice Department over alleged asylee, refugee discrimination

Starbucks Pumpkin Spice Latte makes early fall debut for 20th anniversary

Slow housing market may not heat up anytime soon, analysts say: ‘The party is over’

Writers Guild sharply rebukes latest offer from Hollywood studios

Fyre Festival 2 tickets on sale and customers are buying, disgraced founder says

Sales slumps at Target and Bud Light may fuel more boycotts, experts say

Generation Z sees biggest increase in credit card debt, Gen X has highest balance: Report

Big business mulls approach to Trump bid after opposing 2020 election lies

Amid spread of AI tools, advocates for new digital standard say it would help sort fact from fiction

Mortgage rates surge to 21-year high

Special counsel sought Trump’s Twitter DMs despite ‘extraordinary’ pushback from company, court documents say

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