Business

Marilyn Nieves/Getty Images (NEW YORK) — An entrepreneur accused of grossly exaggerating the value of her college financial planning startup, ahead of its sale to JPMorgan Chase, pleaded not guilty to federal fraud charges on Monday in Manhattan, a spokesperson for the U.S. Attorney’s Office told ABC News. Charlie Javice, 31, who once made the […]

ABC News (NEW YORK) — Ride-sharing company Uber is launching a new service for teenagers in several major cities and ABC News’ Good Morning America has an exclusive look with one family who has been testing out the service. Ruth Stern is a mom of two and like many parents, she usually has to figure […]

CFOTO/Future Publishing via Getty Images (LONDON) — Facebook’s parent company, Meta, was fined €1.2 billion, or about $1.3 billion, for failing to comply with the European Union’s privacy policies. The Irish Data Protection Commission announced the fine on Monday, saying Meta had violated the terms of General Data Protection Regulations, a set of rules for […]

Nitat Termmee/Getty Images (NEW YORK) — As the U.S. hurtles closer to a default on its debt as early as next month, the economic consequences could prove devastating, especially for millions who stand to lose their jobs. Even a brief debt ceiling breach of about one week would slash 1.5 million jobs, raising the unemployment […]

Jill Smokler, left, is shown during an interview with ABC News’ Janai Norman. — ABC News (NEW YORK) — A year after “soft swinging” allegations embroiled a group of Mormon TikTok influencers in Utah, one of them is opening up about the aftermath of being unwittingly swept into the ensuing scandal, and the effect it […]

IronHeart/Getty Images (WASHINGTON) — A ticking clock in Washington to avert default by raising the nation’s borrowing limit is drawing attention to the $31.4 trillion debt already accrued by the United States government. The country hit its current debt ceiling in mid-January and is expected to run out of cash to be able to pay […]

Jakub Porzycki/NurPhoto via Getty Images (HELENA, Mont.) — A TikTok ban enacted by Montana — the first state to impose such a law — marked a major step in the growing U.S. backlash against the Chinese-owned social media platform over concerns about data privacy. Montana Gov. Greg Gianforte said he signed the measure on Wednesday […]

GMC (NEW YORK) — General Motors is recalling over 660,000 SUVs due to a potential safety issue involving car seats. The National Highway Traffic Safety Administration posted a recall notice on its website Thursday, stating that in certain models of Chevrolet Equinox and GMC Terrain vehicles, the rear-seat LATCH anchorage bars used to secure car […]

Firas Abdullah/Anadolu Agency via Getty Images (ORLANDO, Fla.) — Disney announced on Thursday that it canceled plans for a new campus near Orlando, Florida. The development was planned for the Lake Nona region. “Given the considerable changes that have occurred since the announcement of this project, including new leadership and changing business conditions, we have […]

Michael Godek/Getty Images (WASHINGTON) — Sen. Tim Scott, R-S.C., on Thursday called for firings at the Federal Reserve over the central bank’s failure to regulate Silicon Valley Bank in the run-up to its collapse. The imperative from Scott came during Senate testimony from Michael Barr, the Fed’s vice chair for supervision, who faced scrutiny from […]