Business

ABC News (NEW YORK) — Market reports show the U.S. economy is seeing strong job numbers and a waning inflation rate, but some small business owners tell ABC News they are still feeling the pinch. When Mia Sakai opened her Chicago bodega in December 2020 she had to deal with the pandemic, supply chain issues […]

General view of the TikTok headquarters on Oct. 13, 2020 in Culver City, California. (AaronP/Bauer-Griffin/GC Images) (NEW YORK) — Social media platform TikTok stands on the brink of a forced sale after the House passed a measure on Wednesday that would ban the app unless it parts ways with its Chinese-owned parent company ByteDance. If […]

Tik Tok supporters are seen outside the U.S. Capitol, March 13, 2024, in Washington. (Tom Williams/CQ-Roll Call, Inc via Getty Images) (WASHINGTON) — TikTok influencers — accustomed to their voices being heard by thousands on the wildly popular social media app — now are speaking out in hopes lawmakers hear their frustrations about efforts in […]

In this photo illustration, a TikTok logo is seen displayed on a smartphone screen. (Pavlo Gonchar/SOPA Images/LightRocket via Getty Images) (WASHINGTON) — The high-stakes battle on Capitol Hill between lawmakers and TikTok over a potential ban of the popular social media app is set for a watershed House vote on Wednesday on a bill that […]

Craig Hastings/Getty Images (NEW YORK) — Travel can get expensive and add up fast — whether it’s an Uber to the airport or paying more for checked baggage — so finding a resource or tip to help save on getting to and from your destination can be worth it. One such strategy includes buying and […]

Javier Ghersi/Getty Images (NEW YORK) — Consumer prices rose 3.2% in February compared to a year ago, increasing slightly from the previous month and offering the latest sign that progress toward lowering inflation has struck a rough patch, a report from the Bureau of Labor Statistics released on Tuesday showed. The fresh data came in […]

The Airbnb website on a laptop computer arranged in the Brooklyn Borough of New York, U.S., on Thursday, May 4, 2023. (Gabby Jones/Bloomberg via Getty Images) (NEW YORK) — Airbnb has made the decision to ban the use of indoor security cameras to “prioritize the privacy of our community,” according to a statement from the […]

Javier Ghersi/Getty Images (NEW YORK) — Inflation data to be released on Tuesday will reveal the latest price movements, a key economic signal for central bankers weighing interest rate cuts and voters turning their attention to the general election. Price increases have cooled dramatically from a peak of about 9%, but inflation still stands more […]

Kent Nishimura/Getty Images (NEW YORK) — Sam Altman will remain as CEO of OpenAI and rejoin its board of directors following an “extensive” external investigation into his temporary ouster last year, the company’s board announced on Friday. The OpenAI Board said it has “full confidence” in the continued leadership of Altman and co-founder Greg Brockman […]

Thomas Northcut/Getty Images (WASHINGTON) — President Joe Biden declared triumph on bread-and-butter issues in his State of the Union address, describing the U.S. economy as “the strongest in the world.” Still, he said, conditions must improve for middle-class Americans, pointing for instance to high costs in the housing market that remains resistant to a cooldown […]