Business

Jobs report to show whether Fed rate hikes cooled hiring

Friday, October 7 by ABC News

(NEW YORK) -- Wall Street will closely watch the release of new jobs data on Friday that will reveal whether U.S. hiring has cooled as the Federal Reserve aims to slow the economy in its fight against inflation.Economists are predicting a gain of 250,000... Read More.

Elon Musk accuses Twitter of refusing his renewed offer at original price

Thursday, October 6 by ABC News

(NEW YORK) -- Elon Musk accused Twitter on Thursday of failing to accept his restored offer to purchase the social media platform at the original price of $54.20 per share.The billionaire entrepreneur also asked the Delaware Chancery Court to halt a trial that's scheduled... Read More.

What does the OPEC+ oil cut mean for US gas prices?

Thursday, October 6 by ABC News

(NEW YORK) -- An alliance of oil-producing countries on Wednesday announced a dramatic cut in oil output with major implications for U.S. gas prices, industry analysts told ABC News.The group of nations known as OPEC+, led by Saudi Arabia and Russia, agreed on Wednesday... Read More.

How to secure last-minute deals for holiday travel

Thursday, October 6 by ABC News

(NEW YORK) -- The Thanksgiving and Christmas holidays are shaping up to be the most expensive for travelers in recent years, and experts say the clock is ticking to find last minute deals on flights.Domestic airfare for Thanksgiving is averaging $281 roundtrip -- up... Read More.

What’s behind rise of women in US manufacturing amid industry revival?

Thursday, October 6 by ABC News

(NEW YORK) -- A surge of women in the manufacturing industry in recent years has punctured the stereotypes of who is working in American factories, data shows.During the 2010s, the share of women in the manufacturing industry grew among all age groups, according to... Read More.

Supreme Court takes case on content policing: Here’s how it could impact social media

Wednesday, October 5 by ABC News

(WASHINGTON) -- The Supreme Court agreed this week to hear a challenge to a fundamental legal protection enjoyed by social media platforms like Facebook, Twitter and Tik Tok. The ruling could dramatically change how those platforms operate, even affecting search engines like Google, legal... Read More.

How inflation hits women harder at home and at the grocery store

Wednesday, October 5 by ABC News

(NEW YORK) -- On a sunny August day, Rachel Dos played with her kids at a park in Livonia, Michigan. As they played, Dos chatted with other moms about growing her own vegetables to save money on groceries and seeking out wholesale butchers to... Read More.