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Monday, September 26
by
ABC News
Amazon Prime early access sale: Start saving big this October
(NEW YORK) -- Amazon has announced a second Prime event happening next month, just ahead of the busy holiday season.The retail giant has introduced Amazon Prime's early access sale which will take place Oct. 11-12, making it the first time there will be two ...
Monday, September 26
by
ABC News
Latinos across industries fight for fair labor practices
(NEW YORK) -- On hot days, some over 100 degrees, workers spend hours harvesting fruits and vegetables for very little money -- produce that ends up on kitchen tables of people across the country.Tens of thousands of these workers have experienced heat-related injuries and ...
Monday, September 26
by
ABC News
The Fed says unemployment will rise. Here’s who economists say would lose their jobs first.
(WASHINGTON) -- The Federal Reserve escalated its fight against inflation this week, instituting a major rate increase and saying more will likely follow. The moves will cause a jump in the number of unemployed Americans by the end of next year, the central bank ...
Saturday, September 24
by
ABC News
Can a clothing company save the planet? Patagonia wants to find out.
(NEW YORK) -- If there was any doubt about where outdoor clothing company Patagonia stood on environmentalism, it was quickly put to rest last week when founder Yvon Chouinard and his family donated their ownership to efforts that would protect the planet."Earth is now ...
Friday, September 23
by
ABC News
Experts weigh in how to navigate your way through the secondhand shopping market
(NEW YORK) -- With inflation and higher prices across industries, many people are closely examining how to save or make their dollars stretch further. Fashion isn't exempt from the conversation, and part of the reason why there's been an ongoing uprise within the secondhand ...
Thursday, September 22
by
ABC News
What the rate hike will mean for housing
(NEW YORK) -- The Federal Reserve’s string of interest rate hikes this year has thrown cold water on the once red-hot housing market.Existing home sales fell for the seventh straight month in August, down 0.4%, according to the National Association of Realtors, as the ...
Thursday, September 22
by
ABC News
Heating bills to reach 10-year high this upcoming winter: NEADA report
(NEW YORK) -- Heating costs for the upcoming winter season are expected to increase by 17%, mainly impacting lower-income families, according to a new report from National Energy Assistance Directors Association.Costs are expected to reach above $1,200 in 2022-2023, up from $1,025 in 2021-2022, ...
Thursday, September 22
by
ABC News
Fed hikes benchmark rate 0.75% in significant escalation of inflation fight
(WASHINGTON) -- The Federal Reserve instituted a dramatic interest rate hike on Wednesday, the latest in a series of borrowing cost increases, as the central bank tries to dial back near-historic inflation while avoiding an economic downturn.The Fed raised the benchmark interest rate by ...
Thursday, September 22
by
ABC News
Big bank CEOs sound alarm on inflation fight: ‘Expect tougher times ahead’
(WASHINGTON) -- Chief executives at some of the largest U.S. banks sounded the alarm over sky-high inflation in testimony before Congress on Wednesday, warning that price hikes would require further borrowing cost increases from the Federal Reserve that will slow the economy and impose ...
Wednesday, September 21
by
ABC News
New York AG Letitia James files $250M lawsuit against Trump for defrauding lenders, others
(NEW YORK) -- For 20 years, Donald Trump and his family enriched themselves through "numerous acts of fraud and misrepresentations," New York Attorney General Letitia James alleges in a new lawsuit that accuses the Trumps of "grossly" inflating the former president's net worth by ...
Wednesday, September 21
by
ABC News
This is how much money Black women lose to the pay gap
(NEW YORK) -- The wage gap that sees Black women earning less than white, non-Hispanic men can cost them as much as $2,000 per month, $23,000 per year and more than $900,000 over the course of a 40-year career, according to the National Women's ...
Wednesday, September 21
by
ABC News
How rapidly rising mortgage rates are squeezing prospective homebuyers
(NEW YORK) -- For Emily and Michael Brown, the Federal Reserve’s rate hikes hit close to home.The Browns had been renting a two-bedroom apartment in Washington, D.C., when their now-6-month-old daughter was born. Eager to upgrade to a bigger space, the couple wanted to ...
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