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Wednesday, September 14
by
ABC News
Potential rail strike could have ‘significant detrimental effects,’ supply chain expert says
(NEW YORK) -- As freight railroads and their unions continue to feel pressure from the White House, businesses and other stakeholders to reach an agreement before a potential strike, economic experts say the possible work stoppage will wreak havoc on businesses and consumers.Two labor ...
Wednesday, September 14
by
ABC News
Starbucks espresso beverage recalled from some stores over potential metal found inside
(NEW YORK) -- PepsiCo Inc. is recalling hundreds of Starbucks espresso bottles that were sold in a handful of states due to possible contamination of metal particles, the U.S. Food and Drug Administration announced.The agency said 221 cases of Starbucks Vanilla Espresso Triple Shot, ...
Tuesday, September 13
by
ABC News
Consumer prices rise unexpectedly in August, sending stock market tumbling
(NEW YORK) -- A hotter-than-expected inflation report on Tuesday sent the stock market tumbling.The Dow Jones Industrial Average fell more than 1,200 points, which amounted to a nearly 4% drop, making it the index's worst day since June 2020. Meanwhile, the S&P 500 — ...
Tuesday, September 13
by
ABC News
How a new credit card code could help stop mass shootings
(NEW YORK) -- A gunman in Aurora, Colorado, who killed 12 people in a mass shooting at a movie theater, in 2012, legally acquired weapons and ammunition using a credit card.So did a shooter in Orlando, Florida, in 2016, who killed 49 people at ...
Tuesday, September 13
by
ABC News
Twitter whistleblower details allegations to lawmakers
(WASHINGTON) -- A whistleblower on Tuesday detailed a slate of explosive allegations against Twitter to congressional lawmakers, describing what he said were widespread security failures and vulnerabilities at the popular social media giant and an effort inside the company to overlook those risks in ...
Tuesday, September 13
by
ABC News
US rent prices finally showing signs of cooling down
(NEW YORK) -- Americans are finally starting to see the red-hot rental market begin to cool off, after record growth.A combination of strong demand, low supply and high inflation have kept pressure on rental prices nationwide, but for the first time in 20 months, ...
Tuesday, September 13
by
ABC News
CPI rises 8.3% in August, consumers still squeezed by high prices
(WASHINGTON) -- Inflation data released on Tuesday revealed that prices rose slightly in August, worsening the cost woes for U.S. households as the Federal Reserve readies to decide on another interest rate hike next week.The data calls into question whether inflation has peaked.On a ...
Tuesday, September 13
by
ABC News
Single mom who paid off $34K of debt empowers other single moms to face their debts
(NEW YORK) -- A single mom who found herself saddled with more than $34,000 in debt six years ago is sharing her journey to becoming debt free and is now empowering other single mothers to take control of their finances.Dyana King, now a mom ...
Tuesday, September 13
by
ABC News
The latest price data will show whether inflation has continued to fall
(WASHINGTON) -- The release of inflation data on Tuesday will show whether near-historic inflation in the nation continues to slow.The data, which will reveal how prices moved in August, arrives little more than a week before Federal Reserve officials meet to determine what investors ...
Tuesday, September 13
by
ABC News
USDA flags some HelloFresh meal kit ground beef for possible E. coli contamination
(WASHINGTON) -- The U.S. Department of Agriculture's Food Safety and Inspection Service issued a public health alert Saturday over ground beef products in HelloFresh meal kits that were shipped in July over a possible E. coli contamination.The meal kits containing the affected ground beef ...
Friday, September 9
by
ABC News
UK rail, postal workers cancel strikes after Queen’s death
(LONDON) -- British rail and postal workers on Thursday canceled scheduled strikes after Queen Elizabeth II died earlier that day.The moves pause worker protests that in recent months have involved hundreds of thousands of workers and at times disrupted train and mail services across ...
Friday, September 9
by
ABC News
British PM Liz Truss reveals plan to freeze energy prices. Would it work in US?
(LONDON) -- New British Prime Minister Liz Truss on Thursday responded to skyrocketing energy prices in dramatic fashion with plans for a freeze on natural gas and electricity bills for millions of households that face massive rate increases as the winter months approach.The policy ...
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