Business

Where is Apple headed after latest product event? Experts weigh in

Tuesday, May 7 by ABC News

(NEW YORK) -- Apple unveiled new models of its iPad at an event on Tuesday, promising revamped devices at affordable prices."This is the biggest day for iPad since its introduction," CEO Tim Cook declared.The announcement exemplified the current strategy at Apple: Rely on new... Read More.

Boy Scouts changing name to Scouting America to be more inclusive

Tuesday, May 7 by ABC News

(NEW YORK) -- In an effort to be more inclusive, The Boy Scouts of America is changing its name to Scouting America, the organization announced Tuesday.The rebrand reflects "the organization's ongoing commitment to welcome every youth and family in America to experience the benefits... Read More.

Starbucks sales are slumping. Is it a bellwether for the economy?

Tuesday, May 7 by ABC News

(NEW YORK) -- Starbucks shares have plummeted more than 17% in value since the company revealed a sales slump in an earnings report last week.“The brand is incredibly resilient, but it’s clearly not business as usual,” former CEO Howard Schultz said in a post... Read More.

Interest rates may stay high for longer. Here’s what it means for the 2024 election.

Tuesday, May 7 by ABC News

(NEW YORK) -- At the start of 2024, the economy appeared to deliver just about everything President Joe Biden could want: falling inflation, robust growth and a forecast of interest rate cuts at the Federal Reserve that might send economic output even higher.Since then,... Read More.

Some Planters nuts recalled for potential listeria contamination

Tuesday, May 7 by ABC News

(NEW YORK) -- Publix and Dollar Tree shoppers should check their pantries for two types of Planters brand nuts that were recently recalled across five states.In a company announcement dated May 3 and posted on the U.S. Food and Drug Administration website, Planters' parent... Read More.

More people support than oppose a TikTok ban; frequent users, young adults push back: POLL

Tuesday, May 7 by ABC News

(NEW YORK) -- Young adults and frequent users push back against the federal government forcing a sale of TikTok or banning the social media app in the United States, but older adults, infrequent users and nonusers are on board, resulting in a tilt toward... Read More.

Boeing locks out its firefighters amid union fight for pay

Saturday, May 4 by ABC News

(WASHINGTON) -- Boeing officially locked out its unionized firefighters in Washington after the firefighter's union failed to come to an agreement with the company after two-and-a-half months of negotiations, primarily over pay.This is the first time in over four decades that a group of... Read More.

April jobs report misses expectations, signaling a possible slowdown

Saturday, May 4 by ABC News

(NEW YORK) -- A worse-than-expected jobs report on Friday offered the latest evidence of an economic slowdown that could help ease inflation and trigger interest rate cuts. The trend, however, threatens to downshift the nation’s brisk economic growth.Employers hired 175,000 workers last month, falling... Read More.

Hawaii counties get more say over short-term rentals amid housing crisis in aftermath of Maui wildfires

Friday, May 3 by ABC News

(HONOLULU) -- Hawaii Gov. Josh Green signed a bill into law to give counties more authority to regulate short-term vacation rentals amid the ongoing state housing crisis and aftermath of the Maui wildfires.Now, a day after the bill signing, local advocates from Lāhainā Strong... Read More.

Interest rates could be high for much longer. Heres what it means for your finances

Thursday, May 2 by ABC News

(NEW YORK) -- For months, the Federal Reserve has forecasted interest rate cuts that would deliver much-needed relief for Americans burdened by high mortgage and credit card loans.At a press conference this week, however, Fed Chair Jerome Powell cast doubt on whether those rate... Read More.

Ahead of election, Lyft CEO details companys newest efforts to boost voter turnout

Thursday, May 2 by ABC News

(NEW YORK) -- Ahead of the upcoming election in November, the popular ride-sharing service Lyft announced a partnership that its CEO said he hopes continues the company's mission to bring more people -- especially younger voters -- to the polls.Lyft CEO David Risher told... Read More.

Tipping point: Viral video sparks questions about gratuities

Thursday, May 2 by ABC News

(NEW YORK) -- Tipping has seen a shift, especially compared to pre-pandemic, when the cost of food and everything else was lower, but one man's recent experience that went viral on social media has sparked new questions around gratuities.Mark O'Brien shared a video on... Read More.

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Where is Apple headed after latest product event? Experts weigh in

Boy Scouts changing name to Scouting America to be more inclusive

Starbucks sales are slumping. Is it a bellwether for the economy?

Interest rates may stay high for longer. Here’s what it means for the 2024 election.

Some Planters nuts recalled for potential listeria contamination

More people support than oppose a TikTok ban; frequent users, young adults push back: POLL

Boeing locks out its firefighters amid union fight for pay

April jobs report misses expectations, signaling a possible slowdown

Hawaii counties get more say over short-term rentals amid housing crisis in aftermath of Maui wildfires

Interest rates could be high for much longer. Heres what it means for your finances

Ahead of election, Lyft CEO details companys newest efforts to boost voter turnout

Tipping point: Viral video sparks questions about gratuities

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