Business

(NEW YORK) — Tax season, for many, conjures kitchen-table drudgery spent revisiting pay stubs and financial choices. For some, though, a reward awaits: a tax refund. The possibility and scale of a refund can hinge on the approach taken by a tax filer, financial advisors told ABC News. Tax credits, retirement account contributions and deductibles […]

Sebastian Kahnert/Getty Images (MENLO PARK, Ca.) — A Meta spokesperson acknowledged reports of outages on Tuesday for Facebook, Instagram and Threads, preventing some U.S. users from logging on to the sites, Meta told ABC News in a statement. “We’re aware people are having trouble accessing our services. We are working on this now,” Meta spokesperson […]

(NEW YORK) — Ten days after the Super Bowl, Wall Street held its own version — at least that’s the way some traders on social media described it. Nvidia, which had soared to prominence selling the majority of chips behind the artificial intelligence boom, was set to release buzzy quarterly earnings that could move markets. […]

(WASHINGTON) — The Consumer Financial Protection Bureau finalized a rule Tuesday that will cut the typical credit card late fee to $8 from $32. The financial regulator estimates the move will save American families $10 billion every year — an average savings of $220 annually for more than 45 million people who are charged late […]

(NEW YORK) — Do fewer working hours boost a company’s overall productivity? A recent study out of the United Kingdom suggests the four-day workweek model benefits businesses and employees alike. One year after 61 U.K. companies opted to participate in a four-day week pilot study, 89% of the companies continued to keep the structure in […]

(NEW YORK) — Half of Americans are burdened by the cost of housing, according to a recent Harvard study, officially capturing the grim reality facing renters nationwide. Marianne Smith, a 65-year-old Oklahoma resident, is one of them — paying about 35% of her income toward rent, she said in an interview with ABC News. “I […]

(NEW YORK) — Bitcoin is on a tear. The largest cryptocurrency has soared more than 20% over the last four days, approaching an all-time high. By contrast, the S&P 500 has dropped slightly over that period. On Wednesday, the price of bitcoin surpassed $64,000 for the first time since November 2021. The upsurge stems primarily […]

(MIAMI) — Historic sports cars, million-dollar roadsters and one-off supercars will be on display when two of the auto industry’s flashiest events take place next month. Enthusiasts from all over the country will travel to Florida March 1-3 to revel in classic and modern cars that are seldom shown in public. ModaMiami, billed as the […]

(MIAMI) — Historic sports cars, million-dollar roadsters and one-off supercars will be on display when two of the auto industry’s flashiest events take place next month. Enthusiasts from all over the country will travel to Florida March 1-3 to revel in classic and modern cars that are seldom shown in public. ModaMiami, billed as the […]

Signage is displayed outside a Wendys Co. restaurant in El Sobrante, Calif., May 6, 2020. (David Paul Morris/Bloomberg via Getty Images) (NEW YORK) — Wendy’s announced it will launch new menu prices that will fluctuate depending on the time of day. The country’s second-largest burger chain, which has 6,000 restaurant locations, said the change will […]