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Thursday, April 11
by
ABC News
Internet service now comes with nutrition label-style information about prices
(NEW YORK) -- Starting Wednesday, internet users will now have more transparency about their broadband services.The Federal Communications Commission now requires broadband providers to display all the information about the price and performance of their services in clear labels.Alejandro Roark, the chief of the ...
Wednesday, April 10
by
ABC News
Inflation surged higher in March
(NEW YORK) -- Consumer prices rose 3.5% in March compared to a year ago, accelerating markedly from the previous month and reversing some of the progress achieved in a two-year fight to cool inflation, U.S. Bureau of Labor Statistics data showed. The finding matched ...
Wednesday, April 10
by
ABC News
Inflation expected to have surged higher in March
(NEW YORK) -- Elected officials, investors, and everyday households await fresh inflation data on Wednesday that is set to reveal whether the fight to cool price increases remains mired in a rough patch.Price increases have cooled dramatically from a peak of about 9%, but ...
Tuesday, April 9
by
ABC News
Tesla stock has plummeted this year. Will the company recover?
(NEW YORK) -- Tesla, the Elon Musk-led electric vehicle company, appears desperate for a tune-up.The company’s share price has plummeted more than 25% so far this year, making it one of the worst-performing stocks in the S&P 500. Over the same period, that index ...
Tuesday, April 9
by
ABC News
How Walmart shoppers can qualify for cash from $45 million settlement
(NEW YORK) -- Walmart shoppers may be entitled to up to $500 in cash after the retail giant agreed to pay $45 million to settle a class action lawsuit over "weighted goods."The company, which has denied any wrongdoing, was accused of overcharging customers for ...
Tuesday, April 9
by
ABC News
Cybersecurity expert shares what guests, hotels should know in wake of Omni breach
(NEW YORK) -- In the wake of a recent cyberattack on Omni Hotels & Resorts that prompted a "shut down [of] its systems to protect and contain its data," experts are reminding people of the actions guests can take to preserve their digital safety ...
Friday, April 5
by
ABC News
Whats after AI? The next watershed technology could be quantum computing
(NEW YORK) -- Artificial intelligence commands the attention of corporate giants and political leaders but a global race is underway to develop what some experts consider the next transformative technology: quantum computing.The computers, which draw on theoretical physics, could drive advances in everything from ...
Friday, April 5
by
ABC News
How Rochester, New York, hopes the eclipse brings a lasting economic boom to city
(ROCHESTER, N.Y.) -- Seven years ago, Debra Ross wondered why she should care about an eclipse.Her daughter, Ella, vowed that she would get her driver's license and that they would take a road trip to Missouri to see the 2017 total solar eclipse that ...
Thursday, April 4
by
ABC News
Boeing paid Alaska Airlines $160M in compensation after door plug incident, airline says
(NEW YORK) -- Boeing has paid Alaska Air Group approximately $160 million in compensation following the door plug incident on Alaska flight 1282, according to an SEC filing from the carrier.Alaska said the money is "initial compensation" from Boeing "to address the financial damages ...
Thursday, April 4
by
ABC News
Largest US egg producer temporarily halts production due to avian flu at Texas facility
(NEW YORK) -- As avian flu continues to spread in birds across the United States, a major chicken egg manufacturer has temporarily halted production after the highly contagious disease was detected at its facilities.Cal-Maine Foods, Inc., the nation's largest producer and distributor of fresh ...
Thursday, April 4
by
ABC News
Cosmic yoga, portable toilets: Solar eclipse will deliver tourism boom for economy
(NEW YORK) -- A fully booked hotel in Maine said it received its first request from a solar eclipse tourist five years ago. A portable toilet vendor in Indiana said it is doing 10 times more business than it usually would at this time ...
Wednesday, April 3
by
ABC News
Fed Chair Jerome Powell pumps brakes on rate cuts
(WASHINGTON) -- The Federal Reserve will see if inflation moves beyond its current rough patch before imposing highly anticipated interest rate cuts, Fed Chair Jerome Powell said on Wednesday.Addressing a business conference at Stanford University, Powell touted progress in the fight to cool price ...
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