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( Page 23)
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Sunday, November 5
by
ABC News
Black entrepreneurs awarded $25K grants to grow their businesses
(NEW YORK) -- Despite a gradual slowdown in investment opportunities for Black businesses, Daymond John is determined to rewrite the narrative through Black Entrepreneurs Day.John, CEO of FUBU and co-star of ABC's "Shark Tank," started Black Entrepreneurs Day in 2020 to celebrate innovation and ...
Friday, November 3
by
ABC News
Job market shows signs of losing momentum. Here’s what it means.
(NEW YORK) -- A gangbusters job market showed pronounced signs of a slowdown last month, a government report on Friday showed. The fresh data elicited predictions from some economists that hiring could stall by the middle of next year.The U.S. economy added 150,000 jobs ...
Friday, November 3
by
ABC News
Sam Bankman-Fried found guilty in federal fraud and conspiracy trial, could face 110 years in prison
(NEW YORK) -- A jury has found FTX founder Sam Bankman-Fried guilty on all charges in his federal fraud and conspiracy trial.The jury deliberated for a little over four hours before reaching a verdict on Thursday."We will have decorum in the courtroom when the ...
Thursday, November 2
by
ABC News
Chipotle, McDonald’s executives on how costs could hit consumers when California minimum wage increases
(NEW YORK) -- The cost of doing business in California could soon be slightly more expensive with minimum wages set to increase in April. But what does that mean for menu prices at fast food restaurants that employ hourly workers?A spokesperson for Chipotle confirmed ...
Thursday, November 2
by
ABC News
What to know about DoorDash’s new tipping and delivery program
(NEW YORK) -- DoorDash is testing a new notification it hopes will encourage customers to leave a tip for delivery drivers.The delivery giant is rolling out a message to some of its app users that states, "Orders with no tip might take longer to ...
Thursday, November 2
by
ABC News
Uber, Lyft agree to pay combined $328 million for withholding money from drivers
(NEW YORK) -- Uber and Lyft agreed Thursday to pay a combined $328 million for withholding money from drivers.Uber agreed to pay $290 million and Lyft $38 million in what New York Attorney General Letitia James called the largest wage-theft settlement her office has ...
Wednesday, November 1
by
ABC News
Federal Reserve leaves interest rates unchanged despite stubborn inflation
(WASHINGTON) -- The Federal Reserve left interest rates unchanged on Wednesday, despite stubborn inflation that has resisted the central bank's fight to cool price increases.The move allows previous rate increases to take greater hold of the economy and grants the central bank time to assess ...
Wednesday, November 1
by
ABC News
Thanksgiving food price forecast, retailers with early deals and expert savings tips
(NEW YORK) -- With less than one month until Thanksgiving and the start of the winter holiday season, Americans are already eyeing grocery prices to gauge how much their festive gatherings are going to cost this year.Experts are encouraging consumers to start making shopping ...
Wednesday, November 1
by
ABC News
Senators question airline frequent flyer programs, citing reports of ‘unfair’ practices
(WASHINGTON) -- Two senators are asking U.S. regulators to address "unfair" practices in airlines' frequent flyer programs.In a letter sent Monday night, Dick Durbin, D-Ill., and Roger Marshall, R-Kan., asked the Department of Transportation and the Consumer Financial Protection Bureau to help "protect consumers ...
Wednesday, November 1
by
ABC News
Key moments from trial of former FTX CEO Sam Bankman-Fried
(NEW YORK) -- Jurors will soon begin deliberating in the trial of FTX founder Sam Bankman-Fried, nearly a year after the cryptocurrency trading platform's collapse, as federal prosecutors are accusing him of orchestrating one of the largest financial frauds in U.S. history.Bankman-Fried, 31, faces ...
Wednesday, November 1
by
ABC News
Federal Reserve expected to leave interest rates unchanged despite stubborn inflation
(WASHINGTON) -- Once bemoaned as a source of recession worries, the U.S. economy has become a wellspring of good news: blistering growth, robust hiring and consumers opening their wallets for everything from concert tickets to bar tabs.The strong performance complicates the fight to dial ...
Monday, October 30
by
ABC News
Biden executive order imposes new rules for AI. Here’s what they are.
(WASHINGTON) -- President Joe Biden issued a wide-ranging executive order on Monday that aims to safeguard against threats posed by artificial intelligence, ensuring that bad actors do not use the technology to develop devastating weapons or mount supercharged cyberattacks.The move stakes out a role ...
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