Business News – Page 13 – Deltaplex News

Will TikTok users be able to access the app after a potential ban? Experts explain

Saturday, January 11 by ABC News

(NEW YORK) -- TikTok mounted a last-ditch effort at the Supreme Court on Friday meant to stop a ban of the app set to take effect within days -- but the platform's arguments may have landed with a thud.A majority of the justices appeared... Read More.

Online holiday shopping soars to record high amid rise of AI shopping assistants, Adobe data shows

Tuesday, January 7 by ABC News

(NEW YORK) -- Online holiday shopping soared to a fresh record high in 2024, driven by an array of e-commerce discounts and adoption of AI-fueled shopping assistants, according to data released on Tuesday by Adobe.E-commerce sales topped $240 billion in November and December, climbing... Read More.

Facebook, Instagram dump fact-checkers citing election as cultural tipping point

Tuesday, January 7 by ABC News

(NEW YORK) -- Facebook plans to replace its fact-checkers with "community notes," a move that Meta CEO Mark Zuckerberg said would allow the social network to return "to our roots around free expression.""We're replacing fact checkers with Community Notes, simplifying our policies and focusing... Read More.

Facebook to rely on Community Notes, replacing fact checkers, Zuckerberg says

Tuesday, January 7 by ABC News

New federal rule will remove medical debt from credit reports

Tuesday, January 7 by ABC News

(WASHINGTON) -- In a major change that could affect millions of Americans' credit scores, the Consumer Financial Protection Bureau on Tuesday finalized a rule to remove medical debt from consumer credit reports.The rule would erase an estimated $49 billion in unpaid medical bills from... Read More.

Biden blocks US Steel takeover by Japan-based Nippon

Friday, January 3 by ABC News

(WASHINGTON) -- President Joe Biden on Friday announced a decision to block the $14 billion acquisition of U.S. Steel by Japan-based Nippon Steel, saying domestically produced steel is essential to U.S. national security."Without domestic steel production and domestic steel workers, our nation is less... Read More.

Will 2025 be a better year to buy a house?

Thursday, January 2 by ABC News

(NEW YORK) -- Homebuyers eager to forget this year's housing market may ring in 2025 with an extra dash of zeal.A rapid rise in home prices has coincided with stubbornly high mortgage rates, shutting out potential buyers with daunting costs.A burst of supply could... Read More.

These states will raise the minimum wage in 2025

Tuesday, December 31 by ABC News

(NEW YORK) -- Nearly half of U.S. states are set to raise their minimum wage at the outset of 2025, boosting pay for millions of workers stretching from California to Maine.In all, 21 states will raise their wage floors on Jan. 1 in keeping... Read More.

Bernie Madoffs victims to receive final payout totaling $131 million

Monday, December 30 by ABC News

(NEW YORK) -- The fund disbursing money to the victims of Bernie Madoff’s legendary Ponzi scheme began its 10th and final distribution on Monday, putting another $131 million in the pockets of swindled investors.Twenty-three thousand victims worldwide are receiving payments, bringing their total recoveries... Read More.

Shares of Boeing slide after South Korea plane crash

Monday, December 30 by ABC News

(NEW YORK) -- Shares of Boeing fell in early trading on Monday, one day after a Boeing model 737-800 was involved in the Jeju Air plane crash in South Korea that killed scores of passengers.The stock price dropped more than 4% at the open... Read More.

Trump asks Supreme Court to delay TikTok sale deadline

Friday, December 27 by ABC News

(NEW YORK) -- Two weeks before the Supreme Court is set to hear oral arguments over TikTok's future, President-elect Donald Trump has asked the justices to delay a Jan. 19 deadline for the app to be sold to a new owner or face a... Read More.

The stock market soared this year. What will happen in 2025?

Friday, December 27 by ABC News

(NEW YORK) -- The stock market climbed to record highs in 2024, extending banner gains achieved the previous year.The S&P 500 -- the index that most people's 401(k)'s track -- climbed nearly 28% this year, as of Monday.The tech-heavy Nasdaq leapt a staggering 34%... Read More.

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