Business

KenWiedemann/Getty Images (NEW YORK) — On the heels of Bed Bath and Beyond filing for bankruptcy and planning to close all of its stores, The Container Store has good news for customers with excess blue coupons. Through the end of May, The Container Store will accept the commonly seen coupons from its home organization competitor. […]

(WASHINGTON) — The U.S. economy slowed at the start of 2023, suggesting that an aggressive series of interest rate hikes at the Federal Reserve has cooled business activity even as the stock and job markets have made gains. U.S. gross domestic product grew by a 1.1% annualized rate over the three months ending in March, […]

(WASHINGTON) — After saving up for three years during which they sometimes worked 80 hours a week, Tawanda Hall and her husband purchased their dream home in the suburbs of Detroit in 2010. The five-bedroom house was supposed to be their “forever home” — it had enough room for their family, and the location offered […]

(NEW YORK) — If you’re looking to buy a home, new federal rules may impact how much you pay for a mortgage. Beginning May 1, upfront fees for loans backed by Fannie Mae and Freddie Mac will be adjusted because of changes in the Loan Level Price Adjustments (LLPAs). Those fees are based on things […]

(NEW YORK) — The seismic exit of Fox News host Tucker Carlson this week elicited reaction from politicians as varied as former President Donald Trump and Rep. Alexandria Ocasio-Cortez, D-N.Y. But the move also sent shockwaves across Wall Street. Shares of Fox News-parent company Fox Corporation on Monday tumbled more than 3%, which amounts to […]

Aitor Diago/Getty Images (NEW YORK) — Disney filed a lawsuit Wednesday in U.S. District Court against Florida Gov. Ron DeSantis and various Florida officials over a campaign the company alleges was “patently retaliatory, patently anti-business, and patently unconstitutional.” This is a developing story. Please check back for updates. Disney is the parent company of ABC […]

(NEW YORK) — What happens when a social media company succeeds at building a community, then threatens to destroy what its users spent years building? Devoted users of TikTok face that very question, as the app faces bipartisan criticism and a potential ban stemming from its political and national security issues. Having built niche followings […]

(NEW YORK) — Shares of First Republic Bank plummeted nearly 50% on Tuesday as the banking crisis continued to ripple through the financial system. The regional lender, left in dire condition after the failure of Silicon Valley Bank last month, suffered a major loss of $102 billion in deposits over the first three months of 2023, […]

(NEW YORK) — Chevrolet is saying bye-bye to the Bolt. The Chevy Bolt hatchback, as well as its crossover Bolt EUV sibling, will cease production this year, General Motors has confirmed to ABC News. The Bolt starts at just under $27,000 before federal and state electric vehicle incentives, making it the cheapest way to get […]

(WASHINGTON) — The world’s second-largest tobacco company has agreed to pay what the Department of Justice is saying is “the single largest North Korean sanctions penalty in the history of the Department of Justice.” The British American Tobacco subsidiary pleaded guilty to conspiring to commit bank fraud and violating U.S. sanctions against North Korea by selling […]