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After Trump exits DC hotel, celebrity chef José Andrés returns with new restaurant

(WASHINGTON) -- Celebrity chef José Andrés on Monday announced plans to open a restaurant in the Old Post Office, the Washington landmark which recently reopened as the Waldorf Astoria Washington D.C. after operating for five years as the Trump International Hotel. "People of DC big ...
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Couple pens book to share how they paid off $200K of debt and quit their jobs

(NEW YORK) -- Money can be a taboo topic -- whether it's in a relationship or in your career. But one couple successfully tackled it head on to create a road map for financial freedom. Julien and Kiersten Saunders of "The Rich and Regular" blog ...
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What stagflation means and why it matters

(NEW YORK) -- For months, sky-high prices have pummeled the budgets of everyday Americans. But many have offset the damage, at least in part, with wage increases driven by high demand for workers and resilient consumer spending. In short, strong pockets of the economy have ...
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S&P 500 closes in bear territory as global stock selloff gains steam amid inflation

(NEW YORK) -- Global stocks tumbled and the S&P 500 closed in bear market territory Monday as fears over inflation rattle investors around the world. The S&P 500 closed down 151 points, or 3.88%, meaning it's down 21.3% since its high on Jan. 3. The ...
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Stores report tampon shortage as women struggle to find product

(NEW YORK) -- The latest supply shortage to hit stores in the United States is disproportionately impacting women who menstruate. Major retail chains across the country are reporting a shortage of tampon products as people have taken to social media to report their struggle to ...
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S&P 500 opens in bear territory as global stock selloff gains steam amid inflation

(NEW YORK) -- Global stocks tumbled and the S&P 500 opened in bear market territory Monday as fears over inflation rattle investors around the world. On Friday, investors were disappointed to learn that inflation is moving in the wrong direction. U.S. consumer prices surged 8.6% ...
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How trucks became America’s new luxury status symbol

(NEW YORK) -- Isaac Marchionna had always been a loyal SUV owner until he upgraded his Toyota 4Runner to a Ford F-150 Raptor, a massive truck with 450 horsepower and 510 lb-ft of torque, three years ago. Marchionna, who lives in Oregon, originally bought the $72,000 ...
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UK tests a four-day workweek

(NEW YORK) -- Thousands of employees in the U.K. will be working four days a week for the next six months, in the largest such pilot program to date. ABC News' "Start Here" podcast reported that 70 companies, ranging from fish-and-chip shops to digital marketing ...
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Inflation rises significantly in May, up to 8.6% year over year

(WASHINGTON) -- Inflation reaccelerated in May, rising at the highest level seen in four decades, dashing hopes that the number had hit its peak, according to data released by the federal government Friday. The consumer price index, or CPI, stood at 8.6% year over year ...
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Wells Fargo under criminal investigation for hiring practices, source says

(NEW YORK) -- Federal prosecutors in Manhattan, New York have started a criminal investigation into Wells Fargo to determine whether the nation’s third largest bank’s hiring practices broke the law, a source briefed on the investigation confirmed to ABC News. The criminal investigation follows a ...
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Cruise prices remain low as summer travel costs skyrocket

(NEW YORK) -- As summer travel booms and prices for gas, hotel rooms and flights skyrocket, taking to the sea this summer season could save travelers big bucks. Despite rising prices in most sectors, Chris Gray Faust, the managing editor of online industry publication The ...
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Parents sue Meta alleging teen daughter suffered due to Instagram addiction

(NEW YORK) -- The parents of a now 19-year-old New York woman are suing Meta, the parent company of Facebook and Instagram, alleging their daughter developed an Instagram addiction that led to an eating disorder and other mental health struggles. In the personal injury lawsuit, ...
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