Business

(NEW YORK) — Drivers have enjoyed a sharp decline in gasoline prices over recent weeks — and the good times are expected to continue. Gas prices have plummeted about 13% from a 2024 peak in April, which amounts to a decline of nearly 50 cents per gallon, according to AAA data shared with ABC News. […]

(NEW YORK) — The Federal Reserve is set to make a pivotal decision about its benchmark interest rate on Wednesday that could dial back its years-long fight against inflation. Investors widely expect the Fed to cut interest rates for the first time since 2020, delivering long-sought relief for consumers saddled by high borrowing costs for […]

(NEW YORK) — After once deriding cryptocurrency as a “scam,” former President Donald Trump on Monday formally threw his support behind World Liberty Financial, a crypto venture whose business model remains largely unclear but has already drawn scrutiny as a potential ethics headache for his administration if he returns to the White House in January. […]

(NEW YORK) — For the first time in its history, Instagram on Tuesday announced the launch of accounts designed specifically for teenage users with built-in privacy protections. The new accounts, called “Teen Accounts,” will be automatic for all Instagram users under the age of 18, both for teens already using the app and for those […]

Popeyes (NEW YORK) — As fast food chains continue to drop prices on popular menu items in hopes of enticing hungry customers, Popeyes is entering the arena with a new $5 deal. The popular fried chicken chain announced new value offers on Monday, which includes an order of three pieces of its signature bone-in chicken […]

(NEW YORKI) — Lamborghini has sold adrenaline-inducing speed and spaceship-like designs for decades, to much success. The brand’s executives are blunt, however, when it comes to their cramped cabins: “We’re not very famous for the interior.” That’s about to change. The Italian marque’s latest sports car, the Temerario, was designed, it seems, with one type […]

(NEW YORK) — Borrowers have waited years for a sign of relief from high interest rates for everything from credit card loans to mortgages. The wait may come to an end this week. Investors widely expect the Federal Reserve to cut interest rates at a meeting on Wednesday. The move would dial back the central […]

Victor J. Blue/Bloomberg via Getty Images (NEW YORK) — Sam Bankman-Fried, the founder of bankrupt crypto exchange FTX, was convicted because of a “false narrative” told by federal prosecutors at a trial “tainted” by errors, his attorneys argued in a new court filing Friday to a federal appeals court. “Fair trial principles were swept away […]

(NEW YORK) — Tens of thousands of Boeing workers have voted to strike after rejecting the proposed contract from the embattled aerospace company — a move with far-reaching implications for the U.S. economy. Boeing had reached a tentative agreement earlier this week with the International Association of Machinists and Aerospace Workers, or IAM, the union […]

(SEATTLE) — Tens of thousands of Boeing workers are set to cast ballots in a vote Thursday that could potentially trigger a major strike against the embattled aerospace company with far-reaching implications for the U.S. economy. Boeing reached a tentative agreement earlier this week with the International Association of Machinists and Aerospace Workers, or IAM, […]