Business

Disappointing jobs report fuels recession worries and calls for interest rate cut

Friday, August 2 by ABC News

(WASHINGTON) -- A weaker-than-expected jobs report on Friday fueled concern about a potential economic recession and calls for an interest rate cut.Employers hired 114,000... Read More.

Elon Musk is taking a larger role in the election. Can he influence voters?

Thursday, August 1 by ABC News

(NEW YORK) -- Less than a week after Elon Musk publicly endorsed the candidacy of former President Donald Trump, he shared an edited video... Read More.

Spirit Airlines adapts to stay afloat: What to know about new changes

Thursday, August 1 by ABC News

(NEW YORK) -- Spirit Airlines is shifting gears from its famously no-frills service to offer new fare options that include premium seats, carry-on baggage,... Read More.

Fed holds interest rates steady, but cut expected soon

Wednesday, July 31 by ABC News

(WASHINGTON) -- The Federal Reserve maintained its benchmark interest rate on Wednesday, keeping borrowing costs at their highest level in more than two decades... Read More.

Boars Head expands recall to additional 7 million pounds of deli meat, poultry products

Wednesday, July 31 by ABC News

(NEW YORK) -- Boar's Head has expanded its previous recall on several types of deli meats to include an additional 7 million pounds of... Read More.

Fed expected to cut interest rates soon, but not this week

Wednesday, July 31 by ABC News

(WASHINGTON) -- The Federal Reserve has held interest rates steady at a 23-year high since last July -- but a rate cut is widely... Read More.

Delta reportedly seeking potential damages from CrowdStrike, Microsoft after global IT outages

Tuesday, July 30 by ABC News

(NEW YORK) -- Delta Air Lines has reportedly hired a prominent law firm to help the Atlanta-based carrier pursue potential damages from CrowdStrike and... Read More.

Holland America adds new cruises for celestial events in 2026

Tuesday, July 30 by ABC News

(NEW YORK) -- Holland America has created some picture perfect cruise itineraries for travelers with celestial events on their adventure bucket list such as... Read More.

Where do Trump and Harris stand on cryptocurrency?

Monday, July 29 by ABC News

(WASHINGTON) -- Former President Donald Trump told the audience at a cryptocurrency conference in Nashville, Tennessee, over the weekend that he wants to turn... Read More.

From supercars to daily drivers, why hybrids have become so popular

Saturday, July 27 by ABC News

(NEW YORK) -- They've got sleek styling, impressive fuel economy and added power. Hybrids are the hottest vehicles right now and some Americans are... Read More.

Why did Delta take days to restore normal service after CrowdStrike outage? Experts weigh in.

Saturday, July 27 by ABC News

(NEW YORK) -- An outage caused by a software update distributed by cybersecurity firm CrowdStrike triggered a wave of flight cancellations at several major... Read More.

US economy grew much faster than expected in second quarter

Thursday, July 25 by ABC News

(NEW YORK) -- The U.S. economy grew much faster than expected over three months ending in June, accelerating from the previous quarter and defying... Read More.