Business News – Page 23 – Deltaplex News

Slowing but steady job market expected in September jobs report

Friday, September 6 by ABC News

(NEW YORK) -- Concerns about inflation have increasingly turned to concerns about the job market. Last month’s weaker than expected jobs report led to turmoil in stocks.Expectations are that Friday's report will show 161,000 jobs added when it's released at 8:30 a.m.If jobs come... Read More.

Safety regulators call for investigation into Shein, Temu

Thursday, September 5 by ABC News

(NEW YORK) -- Federal safety regulators are calling for an investigation into popular Chinese e-commerce websites Shein and Temu over concerns shoppers can easily purchase baby and toddler products that do not meet U.S. safety regulations.In a joint letter Monday, Consumer Product Safety Commission... Read More.

Waymo takes to the streets in more cities

Monday, September 2 by ABC News

(LOS ANGELES) -- Waymo, the self-driving car division of Alphabet, first began offering its autonomous rideshare service on the streets of San Francisco earlier this year. Now the company is expanding, recently launching in Los Angeles.Waymo’s electric Jaguar I-Pace SUVs operate as taxis, except... Read More.

Fisher-Price recalling over 366K dumbbell toys due to potential choking hazard

Friday, August 30 by ABC News

(NEW YORK) -- Toy giant Fisher-Price is recalling hundreds of thousands of dumbbell toys due to a potential choking hazard.The dumbbell toys were included in the Fisher-Price Baby Biceps Gift Set, according to the Consumer Product Safety Commission, which announced the recall on Thursday.... Read More.

United Airlines flight attendants vote to authorize strike: Will it impact travel?

Thursday, August 29 by ABC News

(NEW YORK) -- United Airlines flight attendants, represented by the Association of Flight Attendants, moved closer to a strike Wednesday after the union announced that 99.99% of service members voted in favor of strike authorization.The vote included 90% of the United Airlines flight attendant... Read More.

California bill would allow undocumented immigrants paying taxes to get home loans

Thursday, August 29 by ABC News

(NEW YORK) -- A new bill that would allow some undocumented immigrants to receive loans to buy homes is sparking debate as it passes through the California Legislature.Assembly Bill 1840 would make it clear that a person who applies for a loan under the... Read More.

What is a crew appreciation fee? Why one major cruise line is raising the price

Thursday, August 29 by ABC News

(NEW YORK) -- This summer brought lots of buzz around "tourist taxes" and other fees that can get tacked on to normal travel expenses. Now, another fee that may be familiar to avid cruisers is increasing on one major cruise line.The so-called "Crew Appreciation"... Read More.

Apple juice sold at Walmart in 25 states recalled due to elevated arsenic levels

Tuesday, August 27 by ABC News

(NEW YORK) -- More than 9,500 cases of 100% apple juice that were sold at Walmart have been recalled due to high levels of arsenic.The U.S. Food and Drug Administration upgraded the level of the apple juice recall, originally issued on Aug. 15, from... Read More.

High interest rates make hunt for a new home even more challenging

Monday, August 26 by ABC News

(NEW YORK) -- Rising inflation has driven mortgage rates up, making it difficult for many Americans to find an affordable home. As a result, many potential buyers find themselves waiting for an interest rate cut to bring mortgage prices down.For more than a year,... Read More.

How much will the Fed cut interest rates? Experts weigh in

Monday, August 26 by ABC News

(WASHINGTON) -- Borrowers eager for the Federal Reserve to abandon high interest rates could not have scripted a better four-word declaration than the one on Friday from Fed Chair Jerome Powell: "The time has come."Powell indicated that the Fed would soon bring interest rates... Read More.

Mate Rimac is going to revolutionize the auto industry. Then he will take a vacation.

Monday, August 26 by ABC News

(NEW YORK) -- Mate Rimac has a tall order: trying to convince drivers that electric supercars are superior to combustion vehicles.Rimac, the 36-year-old engineering savant from Croatia who started his namesake company 15 years ago, recently pulled the sheet of his latest creation: the... Read More.

How a Canadian rail shutdown could worsen US inflation

Thursday, August 22 by ABC News

(NEW YORK) -- Two major Canadian freight rail companies locked out thousands of workers on Thursday, shutting down cross-border shipping routes and risking serious damage for the U.S. economy, industry experts told ABC News.The rail lines carry everything from chemical inputs to auto parts,... Read More.

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