Business

Latinos across industries fight for fair labor practices

Monday, September 26 by ABC News

(NEW YORK) -- On hot days, some over 100 degrees, workers spend hours harvesting fruits and vegetables for very little money -- produce that ends up on kitchen tables of people across the country.Tens of thousands of these workers have experienced heat-related injuries and... Read More.

The Fed says unemployment will rise. Here’s who economists say would lose their jobs first.

Monday, September 26 by ABC News

(WASHINGTON) -- The Federal Reserve escalated its fight against inflation this week, instituting a major rate increase and saying more will likely follow. The moves will cause a jump in the number of unemployed Americans by the end of next year, the central bank... Read More.

Can a clothing company save the planet? Patagonia wants to find out.

Saturday, September 24 by ABC News

(NEW YORK) -- If there was any doubt about where outdoor clothing company Patagonia stood on environmentalism, it was quickly put to rest last week when founder Yvon Chouinard and his family donated their ownership to efforts that would protect the planet."Earth is now... Read More.

Experts weigh in how to navigate your way through the secondhand shopping market

Friday, September 23 by ABC News

(NEW YORK) -- With inflation and higher prices across industries, many people are closely examining how to save or make their dollars stretch further. Fashion isn't exempt from the conversation, and part of the reason why there's been an ongoing uprise within the secondhand... Read More.

What the rate hike will mean for housing

Thursday, September 22 by ABC News

(NEW YORK) -- The Federal Reserve’s string of interest rate hikes this year has thrown cold water on the once red-hot housing market.Existing home sales fell for the seventh straight month in August, down 0.4%, according to the National Association of Realtors, as the... Read More.

Heating bills to reach 10-year high this upcoming winter: NEADA report

Thursday, September 22 by ABC News

(NEW YORK) -- Heating costs for the upcoming winter season are expected to increase by 17%, mainly impacting lower-income families, according to a new report from National Energy Assistance Directors Association.Costs are expected to reach above $1,200 in 2022-2023, up from $1,025 in 2021-2022,... Read More.

Fed hikes benchmark rate 0.75% in significant escalation of inflation fight

Thursday, September 22 by ABC News

(WASHINGTON) -- The Federal Reserve instituted a dramatic interest rate hike on Wednesday, the latest in a series of borrowing cost increases, as the central bank tries to dial back near-historic inflation while avoiding an economic downturn.The Fed raised the benchmark interest rate by... Read More.

Big bank CEOs sound alarm on inflation fight: ‘Expect tougher times ahead’

Thursday, September 22 by ABC News

(WASHINGTON) -- Chief executives at some of the largest U.S. banks sounded the alarm over sky-high inflation in testimony before Congress on Wednesday, warning that price hikes would require further borrowing cost increases from the Federal Reserve that will slow the economy and impose... Read More.

New York AG Letitia James files $250M lawsuit against Trump for defrauding lenders, others

Wednesday, September 21 by ABC News

(NEW YORK) -- For 20 years, Donald Trump and his family enriched themselves through "numerous acts of fraud and misrepresentations," New York Attorney General Letitia James alleges in a new lawsuit that accuses the Trumps of "grossly" inflating the former president's net worth by... Read More.

This is how much money Black women lose to the pay gap

Wednesday, September 21 by ABC News

(NEW YORK) -- The wage gap that sees Black women earning less than white, non-Hispanic men can cost them as much as $2,000 per month, $23,000 per year and more than $900,000 over the course of a 40-year career, according to the National Women's... Read More.

How rapidly rising mortgage rates are squeezing prospective homebuyers

Wednesday, September 21 by ABC News

(NEW YORK) -- For Emily and Michael Brown, the Federal Reserve’s rate hikes hit close to home.The Browns had been renting a two-bedroom apartment in Washington, D.C., when their now-6-month-old daughter was born. Eager to upgrade to a bigger space, the couple wanted to... Read More.

Fed expected to raise interest rates, escalate fight against inflation

Tuesday, September 20 by ABC News

(NEW YORK) -- Wall Street will watch closely on Wednesday as the Federal Reserve is expected to escalate its fight against inflation with a dramatic interest rate hike.The move would come a little more than a week after a higher-than-expected inflation report revealed that... Read More.

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Latinos across industries fight for fair labor practices

The Fed says unemployment will rise. Here’s who economists say would lose their jobs first.

Can a clothing company save the planet? Patagonia wants to find out.

Experts weigh in how to navigate your way through the secondhand shopping market

What the rate hike will mean for housing

Heating bills to reach 10-year high this upcoming winter: NEADA report

Fed hikes benchmark rate 0.75% in significant escalation of inflation fight

Big bank CEOs sound alarm on inflation fight: ‘Expect tougher times ahead’

New York AG Letitia James files $250M lawsuit against Trump for defrauding lenders, others

This is how much money Black women lose to the pay gap

How rapidly rising mortgage rates are squeezing prospective homebuyers

Fed expected to raise interest rates, escalate fight against inflation

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