Business – Page 57 – EnidLIVE!

Kia and Hyundai owners now face new struggle: Getting parts for their stolen cars

Saturday, April 29 by ABC News

(NEW YORK) -- Kia and Hyundai owners whose cars were damaged or stolen in the wake of a social media video teaching people how to easily steal the cars are now waiting months for repairs after a shortage of parts.Many of the cars are recovered... Read More.

Federal Reserve says it ‘failed’ in run up to Silicon Valley Bank collapse

Friday, April 28 by ABC News

(NEW YORK) -- The Federal Reserve failed in its role as banking industry watchdog in the run up to the collapse of Silicon Valley Bank, the central bank said on Friday.The Fed sharply criticized leadership at Silicon Valley Bank for "a textbook case of... Read More.

What GDP is and why it matters?

Friday, April 28 by ABC News

(NEW YORK) --The threat of a looming recession has heightened interest in the most commonly used measure of economic health: Gross domestic product, or GDP.The metric commands attention as an all-in-one report card that signals whether the economy is awash in prosperity, mired in... Read More.

Famous Wendy’s chili now coming to the canned aisle in grocery stores

Thursday, April 27 by ABC News

(NEW YORK) -- An iconic Wendy's menu item will soon be available to consumers without pulling up to a drive-thru window.On Wednesday, Wendy's announced a partnership with Conagra Brands to bring its beloved chili into kitchens across the country.Starting this summer, local retailers and... Read More.

Fed Chair Jerome Powell duped by Russian tricksters pretending to be Zelenskyy on prank call

Thursday, April 27 by ABC News

(WASHINGTON) -- Federal Reserve Chair Jerome Powell spoke over the phone with two Russian pranksters falsely posing as Ukrainian President Volodymyr Zelenskyy, the central bank confirmed to ABC News on Thursday.The incident, which took place in January, has been referred to law enforcement, a... Read More.

US economic growth slowed significantly at start of 2023

Thursday, April 27 by ABC News

(WASHINGTON) -- The U.S. economy slowed at the start of 2023, suggesting that an aggressive series of interest rate hikes at the Federal Reserve has cooled business activity even as the stock and job markets have made gains.U.S. gross domestic product grew by a... Read More.

The Container Store will accept Bed Bath & Beyond coupons through May

Thursday, April 27 by ABC News

(NEW YORK) -- On the heels of Bed Bath and Beyond filing for bankruptcy and planning to close all of its stores, The Container Store has good news for customers with excess blue coupons.Through the end of May, The Container Store will accept the... Read More.

Why having good credit could cost you more on a home mortgage

Thursday, April 27 by ABC News

(NEW YORK) -- If you're looking to buy a home, new federal rules may impact how much you pay for a mortgage.Beginning May 1, upfront fees for loans backed by Fannie Mae and Freddie Mac will be adjusted because of changes in the Loan... Read More.

Supreme Court takes on what critics call predatory tax foreclosure practice

Thursday, April 27 by ABC News

(WASHINGTON) -- After saving up for three years during which they sometimes worked 80 hours a week, Tawanda Hall and her husband purchased their dream home in the suburbs of Detroit in 2010. The five-bedroom house was supposed to be their "forever home" --... Read More.

How Tucker Carlson’s exit could financially impact Fox Corporation, according to experts

Wednesday, April 26 by ABC News

(NEW YORK) -- The seismic exit of Fox News host Tucker Carlson this week elicited reaction from politicians as varied as former President Donald Trump and Rep. Alexandria Ocasio-Cortez, D-N.Y.But the move also sent shockwaves across Wall Street.Shares of Fox News-parent company Fox Corporation... Read More.

Disney sues Florida Gov. Ron DeSantis and officials over ‘targeted campaign of government retaliation’

Wednesday, April 26 by ABC News

(NEW YORK) -- Disney filed a lawsuit Wednesday in U.S. District Court against Florida Gov. Ron DeSantis and various Florida officials over a campaign the company alleges was "patently retaliatory, patently anti-business, and patently unconstitutional."The lawsuit follows the state oversight board's decision to void "publicly... Read More.

TikTok’s niche communities face an uncertain future from a potential ban

Wednesday, April 26 by ABC News

(NEW YORK) -- What happens when a social media company succeeds at building a community, then threatens to destroy what its users spent years building?Devoted users of TikTok face that very question, as the app faces bipartisan criticism and a potential ban stemming from... Read More.

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