Business

The TikTok logo on a smartphone arranged in New York, March 9, 2023. (Gabby Jones/Bloomberg via Getty Images) (WASHINGTON) — Senators from both sides of the aisle warned Wednesday that TikTok endangers millions of users in the United States — as Congress continues to weigh how to protect U.S. national security amid growing concern that […]

Bloomberg Creative/Getty Images (WASHINGTON) — The Federal Reserve held interest rates steady on Wednesday, opting to keep rates highly elevated as progress toward lower inflation has stalled. The move pushes back rate cuts that the central bank expects to make some time this year. The Fed Funds rate remains between 5.25% and 5.5%, matching its […]

SpaceX, Twitter and Tesla CEO Elon Musk, arrives for a US Senate bipartisan Artificial Intelligence (AI) Insight Forum at the U.S. Capitol, Sept. 13, 2023, in Washington. (Stefani Reynolds/AFP via Getty Images) (NEW YORK) — Some of the world’s largest companies and richest people are fighting over a question that will help shape the future […]

In-N-Out Burger opened a new store, Dec. 7, 2023, in San Juan Capistrano, Calif. (Paul Bersebach/MediaNews Group/Orange County Register via Getty Images) (NEW YORK) — Earlier this week, the California General Assembly passed a bill that alters the Golden State’s new law raising the minimum wage for fast food workers to $20 an hour, which […]

WABC The Mega Millions jackpot is expected to climb to $977 Million for Friday’s drawing, after no single ticket won the jackpot on Tuesday, the lottery said. Winning numbers were drawn Tuesday evening for the Mega Millions $893 million jackpot. The winning numbers were 24, 46, 49, 62, 66 and gold Mega Ball 7. The […]

Westend61/Getty Images (NEW YORK) — The UnitedHealth Group — one of the nation’s largest health care providers — said it is making progress in its recovery from one of the worst cyberattacks on a health care system in United States history, its CEO said earlier this week. On Feb. 21, UnitedHealth Group announced a hacking […]

Bloomberg Creative/Getty Images (WASHINGTON) — The Federal Reserve is set to announce an interest rate decision on Wednesday, revealing its latest move in a yearslong battle to dial back price increases. The decision arrives roughly a week after fresh inflation data showed inflation ticked up in February, the latest sign that progress toward cooling prices […]

Thomas Northcut/Getty Images (NEW YORK) — A sluggish housing market for most of last year began to heat up as the calendar turned to 2024. In recent weeks, however, the market has cooled once again. A surge in mortgage rates accounts for the slowdown in the housing market, experts told ABC News, pointing to elevated […]

Stanley tumblers are displayed on a shelf at a Dick’s Sporting Goods store, Feb. 2, 2024, in Daly City, Calif. (Justin Sullivan/Getty Images) (NEW YORK) — The trendy oversized Stanley thermos that reached viral fame on social media and became a must-have item is facing new criticism from customers. The parent company of the viral […]

Karl Tapales/Getty Images (NEW YORK) — A network disruption is affecting AT&T customers in the U.S. Thursday. In a statement to ABC News, the company confirmed the outage and advised customers to make calls over Wi-Fi. “Some of our customers are experiencing wireless service interruptions this morning. We are working urgently to restore service to […]