Business

Javier Ghersi/Getty Images (WASHINGTON) — Investors, business leaders and everyday Americans will be keeping a close watch on the release of gross domestic product data on Thursday, as inflation eases but recession fears still loom. The data for the final three months of 2022 will show whether the economy continued to expand or reverted back […]

Michael M. Santiago/Getty Images (NEW YORK) — A viral controversy over the use of facial recognition technology to bar customers from New York City performance venues has drawn the attention of the state’s top cop. New York Attorney General Letitia James on Wednesday sent a letter to Madison Square Garden Entertainment — the company that […]

Lisa Samalonis (NEW YORK) — Credit card debt is often easy to pile on, but hard to pay off. For Lisa Samalonis, smart credit card saving was the key to rebuilding her life after divorce. “It was very important for me to preserve some of that money so that I could put it down for […]

400tmax/Getty Images (WASHINGTON) — The Justice Department and eight other states filed a historic antitrust lawsuit Tuesday targeting Google over what they allege is the Big Tech giant’s monopoly over the online advertising market. The lawsuit, filed in the Eastern District of Virginia, aims to have Google’s dominance in the online ad marketplace broken up […]

M&M’s (NEW YORK) — After an exciting weekend of NFL divisional round playoff games, the stage is closer to being set for Super Bowl 57. But in addition to teams who came up short on Saturday and Sunday, another major name will be sidelined from this year’s big matchup. M&M’s announced Monday that its iconic […]

Joe Raedle/Getty Images (WASHINGTON) — It was a Ticketmaster meltdown that sent millions of Taylor Swift fans spiraling: lockouts, delays, hours of confusion and soaring aftermarket prices amid reports of scalpers. During the November presale for Swift’s upcoming “Eras” tour, Ticketmaster was forced to halt purchases for her shows, citing “extraordinarily high demands” and “insufficient […]

Thinkstock/Getty Images (WASHINGTON) — The Treasury Department is rolling out new measures aimed at improving customer service as the IRS starts to accept 2022 federal income tax returns. Treasury Department Deputy Secretary Wally Adeyemo told reporters on Friday that the agency has used funds from the Inflation Reduction Act to hire more customer service staff […]

GETTY/HUIZENG HU (MICHIGAN) — The Justice Department is investigating conduct at Abbott Laboratories’ infant formula plant in Sturgis, Michigan, in connection with a contamination investigation that closed the plant last year, a source familiar with the matter told ABC News. The monthslong shutdown of the plant amid a investigation helped trigger a nationwide formula shortage. An […]

Mateusz Slodkowski/SOPA Images/LightRocket via Getty Images (NEW YORK) — Companies across the tech industry have announced layoffs, affecting thousands of workers in the first few weeks of 2023. Company officials have often cited economic uncertainty and fears of a recession in their job-cutting, cost-cutting decisions. It follows a volatile 2022, which was also marred with […]

franckreporter/Getty Images (NEW YORK) — T-Mobile says they discovered a “bad actor” was taking information through a single application, according to an SEC filing by the company this week. “The preliminary result from our investigation indicates that the bad actor(s) obtained data from this API for approximately 37 million current postpaid and prepaid customer accounts, […]