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Thursday, July 14
by
Staff
95.5% of national railroad union members vote to strike if demands aren’t met by rail carriers
99.5% of members of the Brotherhood of Locomotive Engineers and Trainmen have voted to authorize a strike which could begin as soon as Monday, July 18, according to a press release.The union — which represents more than 57,000 U.S. rail employees — reports 99.5% ...
Thursday, July 14
by
ABC News
A timeline of Elon Musk’s tumultuous Twitter acquisition attempt
(NEW YORK) -- The richest person in the world said he wanted to own one of the most popular social media platforms -- until he said he didn't.Tesla CEO Elon Musk on Friday moved to terminate his $44 billion deal to buy Twitter. In ...
Thursday, July 14
by
ABC News
TikTok to launch rating system that will filter ‘mature’ posts
(NEW YORK) -- Popular social media platform TikTok on Wednesday announced plans for a rating system aimed at protecting young users from inappropriate content.The move comes after sharp criticism from lawmakers and advocates in recent months over the prevalence of harmful posts on the ...
Thursday, July 14
by
ABC News
Family flying American Airlines claims they were asked to pay $30K after airline changed their flight to another country
(NEW YORK) -- A family alleges American Airlines tried to force them to pay roughly $30,000 to change their itinerary after the airline switched the family's return ticket to leave from an airport in another country, according to a complaint filed by the family ...
Wednesday, July 13
by
ABC News
Inflation runs hotter in June as US faces recession risk
(NEW YORK) -- As U.S. policymakers walk a tightrope in an attempt to dial back sky-high prices while averting an economic recession, new inflation data on Wednesday showed a significant acceleration of price hikes.Prices rose even faster in June, jumping at the highest rate ...
Wednesday, July 13
by
ABC News
Signs the housing market is turning more buyer-friendly
(NEW YORK) -- When Jarvis Claiborne and his wife Renada were pre-approved for a mortgage in February, they were excited to start shopping for their first home in Houston, Texas. But that excitement quickly turned to shock and frustration as they realized they couldn’t ...
Wednesday, July 13
by
ABC News
Auto manufacturers adapting to keep car batteries cool as temperatures rise
(NEW YORK) -- The intense heat hitting most of the nation is already invoking warnings about power outages and health impacts.But there is also another danger posed to drivers, as record temperatures lead to a greater risk of battery failure and degradation, according to ...
Wednesday, July 13
by
ABC News
What is generational wealth and how do you build it?
(NEW YORK) -- As economists continue to predict the coming of a recession, many are left wondering what they can do to secure and potentially grow their wallets amid the chaos. For some, however, a recession may just be the perfect time to develop ...
Tuesday, July 12
by
ABC News
Potato salad recalled over presumptive positive microbial result
(WASHINGTON) -- A favorite picnic staple is being recalled, right on the heels of Fourth of July celebrations."Out of an abundance of caution, Hy-Vee, Inc. is voluntarily withdrawing all varieties and all sizes of its Hy-Vee Potato Salad and Mealtime Potato Salad due to ...
Sunday, July 10
by
ABC News
No reason US ‘will have a serious recession’ but economy should cool, Gina Raimondo says
(WASHINGTON) -- Following a stronger-than-expected jobs report released on Friday, the Biden administration is continuing to push back on fears of looming economic downtown while working to tame historic inflation."I don't see any reason to think that we will have a serious recession," Commerce ...
Saturday, July 9
by
ABC News
Cryptocurrency: Why some see it as a way to financially uplift people of color
(NEW YORK) -- The digital currencies have crashed as interest rates rise and investors seek less risky investments. Can cryptocurrency become an alternative financial system for people of color who have historically faced discriminatory banking practices? Some crypto enthusiasts of color who spoke with ...
Saturday, July 9
by
ABC News
Group behind first-ever U.S. Amazon union backs campaigns at 2 warehouses
(NEW YORK) -- The labor group behind the first-ever U.S. union at Amazon has thrown its support behind organizing campaigns at two additional warehouses.Amazon Labor Union, the worker-led union behind the victory at an Amazon warehouse in New York City in April, reached agreements ...
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