Business

Meet your new virtual assistant: The AI in your car

Thursday, March 21 by ABC News

(NEW YORK) -- The artificially intelligent computer KITT from Knight Rider could do it all -- drive solo, speak to humans, land quips and fight crime. It was sentient, funny and self-aware. KITT was a futuristic -- but fictional -- TV character that had... Read More.

Senate mulls TikTok ban amid US national security concerns

Thursday, March 21 by ABC News

(WASHINGTON) -- Senators from both sides of the aisle warned Wednesday that TikTok endangers millions of users in the United States -- as Congress continues to weigh how to protect U.S. national security amid growing concern that the Chinese social media platform is a... Read More.

Why you will likely see higher egg prices ahead of Easter

Thursday, March 21 by ABC News

(NEW YORK) -- After months of egg prices slowly falling, the staple Easter item is on the rise again in part due to a resurgence of Highly Pathogenic Avian Influenza (HPAI) in egg-laying flocks, commonly referred to as bird flu.Since the start of November,... Read More.

Fed holds interest rates steady, postponing rate cuts amid stubborn inflation

Wednesday, March 20 by ABC News

(WASHINGTON) -- The Federal Reserve held interest rates steady on Wednesday, opting to keep rates highly elevated as progress toward lower inflation has stalled. The move pushes back rate cuts that the central bank expects to make some time this year.The Fed Funds rate... Read More.

What to know about new minimum wage in California, why some industries are now exempt

Wednesday, March 20 by ABC News

(NEW YORK) -- Earlier this week, the California General Assembly passed a bill that alters the Golden State's new law raising the minimum wage for fast food workers to $20 an hour, which goes into effect on April 1.Assembly Bill 610, written by Assemblymember... Read More.

Elon Musk releases code for his AI chatbot Grok. Heres why it matters

Wednesday, March 20 by ABC News

(NEW YORK) -- Some of the world’s largest companies and richest people are fighting over a question that will help shape the future of AI: Should firms reveal exactly how their products work?Elon Musk, the CEO of Tesla and SpaceX, upended the debate in... Read More.

Fed to announce interest rate decision as inflation hits rough patch

Wednesday, March 20 by ABC News

(WASHINGTON) -- The Federal Reserve is set to announce an interest rate decision on Wednesday, revealing its latest move in a yearslong battle to dial back price increases.The decision arrives roughly a week after fresh inflation data showed inflation ticked up in February, the... Read More.

Is TikTok different in China? Heres what to know

Tuesday, March 19 by ABC News

(NEW YORK) -- The push in Washington, D.C., for a potential TikTok ban has drawn mounting scrutiny toward the app over data privacy risks tied to Chinese-owned parent company ByteDance.In making their case, some critics point to an allegedly tamer version of the app... Read More.

Companies behind Hershey and Cadbury chocolate signal possible price hikes amid cocoa cost surge

Tuesday, March 19 by ABC News

(NEW YORK) -- Easter is on the horizon, but the price of chocolate may leave a bitter aftertaste for some people leading up to the sweet holiday.Two popular chocolate brands recently indicated they may raise prices on products again due to the rising cost... Read More.

Closed for paid leave: More than 70 businesses nationwide shut doors on day of action

Tuesday, March 19 by ABC News

(NEW YORK) -- More than 70 businesses across the country shut their doors Monday in a show of solidarity to call for federal paid family and medical leave.The day of action coincided with Women's History Month, highlighting the value of investing in women in... Read More.

Target limits self-checkout for customers with 10 items or fewer

Monday, March 18 by ABC News

Target has brought a change into what was considered a quicker alternative for its customers to make purchases at its stores.The retail corporation announced Thursday via press release that it would switch its regular self-checkout to express self-checkout. The new concept would be reserved... Read More.

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Meet your new virtual assistant: The AI in your car

Senate mulls TikTok ban amid US national security concerns

Why you will likely see higher egg prices ahead of Easter

Fed holds interest rates steady, postponing rate cuts amid stubborn inflation

What to know about new minimum wage in California, why some industries are now exempt

Elon Musk releases code for his AI chatbot Grok. Heres why it matters

Fed to announce interest rate decision as inflation hits rough patch

Is TikTok different in China? Heres what to know

Companies behind Hershey and Cadbury chocolate signal possible price hikes amid cocoa cost surge

Closed for paid leave: More than 70 businesses nationwide shut doors on day of action

Target limits self-checkout for customers with 10 items or fewer

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