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Puppies and all-wheel drive: How Subaru built its ardent fan base

(NEW YORK) -- Some automakers tout engine performance, cutting-edge technology or exclusivity to attract buyers. Japanese automaker Subaru has a different approach. In 2019 the company transformed 10,000 square feet of the Javits Convention Center in New York into a state-of-the-art immersive exhibit where Yellowstone's ...
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Dogecoin rallies after Elon Musk tweet

(NEW YORK) -- Dogecoin rallied Friday after Tesla CEO Elon Musk tweeted the carmaker would now accept the cryptocurrency as payment for merchandise. Originally started as joke poking fun at exuberance in the crypto market, Dogecoin surged some 10% by Friday afternoon in the wake ...
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How sky-high inflation is evaporating Americans’ savings, imposing ‘cruelest tax’ on the poor

(NEW YORK) -- The sneaky sting of inflation is catching many Americans by surprise as soaring prices erode their savings and prompt major sticker shock at the supermarket, gas pump and seemingly everywhere they look. Rapidly rising prices have become a major new wellspring of ...
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Electric pickup trucks are coming, but the road ahead could be rocky

(NEW YORK) – With all the splashy commercials, prestigious awards, and glitzy launch parties, you could be forgiven for thinking the electric car craze is actually an electric truck craze. The R1T, an electric pickup from a startup called Rivian, claimed top honors at Motor ...
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‘Pharma Bro’ Martin Shkreli ordered to pay $64 million for hiking cost of lifesaving drug

(NEW YORK) -- Martin Shkreli became infamous, and earned the nickname "Pharma Bro," after he hiked the price of a potentially lifesaving antiparasitic medication in 2015. On Friday, a federal judge ruled he should pay $64 million for his actions. The judge said Shkreli should ...
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More rainy days from climate change could dampen economic growth: Study

(NEW YORK) -- More rainy days and extreme rainfall likely will hurt global economies, according to new research from the Potsdam Institute for Climate Impact Research. "This is about prosperity -- and ultimately about people's jobs," Leonie Wenz, a lead scientist, told ABC News. "Economies ...
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Consumer prices climb 7% in the past year, highest jump since 1982

(WASHINGTON) -- The latest government data on inflation indicates consumer prices are continuing their rapid rise as pandemic-battered supply chains struggle to keep up with rebounding consumer demand. The consumer price index -- a measure of the prices Americans pay for a market basket of ...
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IRS to commence tax season early, warns of potential hiccups due to pandemic and funding issues

(WASHINGTON) -- Tax season will begin early this year and is already forecast to be an especially "frustrating" one, the Internal Revenue Service has warned, as pandemic-era tax changes and staffing limitations squeeze the nation's tax agency. The IRS announced that it will begin accepting ...
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Guaranteed income experiment for Black women aims to tackle racial wealth gap

(ATLANTA) -- When Michelle Lockhart was a teenager in Atlanta, she had to work two jobs -- as a camp counselor and fast-food worker -- to take care of her family. She said her mother became disabled at that time due to a brain tumor, ...
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Bank of America to slash overdraft fees amid pressure from consumer advocacy groups

(NEW YORK) -- Bank of America announced Tuesday that it will slash overdraft fees -- the fines consumers pay when they make a purchase with their debit card but don't have enough money in their account -- from $35 to $10 starting this May. The changes ...
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Trump asks federal judge to halt civil investigation into his business practices by NY attorney general

(NEW YORK) -- Former President Donald Trump has asked a federal judge in New York to halt a civil investigation into his business practices by New York Attorney General Letitia James, accusing her in a new court filing of weaponizing her office to carry ...
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Maya Angelou becomes first Black woman to appear on US quarter

(WASHINGTON) -- Americans will soon be seeing the face of the late Maya Angelou on U.S. quarters. On Monday, the United States Mint announced it has begun shipping quarters featuring Angelou, the first of five trailblazing American women to be featured on quarters in 2022. The ...
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