Business News

Walmart drops Top Toys List for 2023 holiday season

Steve Heap/Getty Images(NEW YORK) -- Believe it or not, the holiday season is quickly approaching. Mega-retailer Walmart released its highly…

1 year ago

Slow housing market may not heat up anytime soon, analysts say: ‘The party is over’

moodboard/Getty Images(NEW YORK) -- Sky-high mortgage rates have helped slam the brakes on the housing market, recent data shows. Mortgage…

1 year ago

Writers Guild sharply rebukes latest offer from Hollywood studios

Michael M. Santiago/Getty Images(NEW YORK) -- The Writers Guild rejected the latest offer from TV and movie studios in a…

1 year ago

Sales slumps at Target and Bud Light may fuel more boycotts, experts say

Andriy Onufriyenko/Getty Images(NEW YORK) -- Target's sales declined over a three-month period for the first time in six years, the…

1 year ago

Generation Z sees biggest increase in credit card debt, Gen X has highest balance: Report

Adam Gault/Getty Images (NEW YORK) -- Generation Z is racking up more credit card debt than previous generations, while Generation…

1 year ago

Big business mulls approach to Trump bid after opposing 2020 election lies

Mark Wilson/Getty Images(NEW YORK) -- Three days after Election Night 2020, dozens of CEOs from the nation's largest companies logged…

1 year ago

Amid spread of AI tools, advocates for new digital standard say it would help sort fact from fiction

ABC News Senior Reporter Emmanuelle Saliba speaks with Adobe General Counsel and Chief Trust Officer Dana Rao. -- ABC News(NEW…

1 year ago

Mortgage rates surge to 21-year high

Thomas Northcut/Getty Images (NEW YORK) -- Mortgage rates have climbed to their highest levels in 21 years, according to data…

1 year ago

Special counsel sought Trump’s Twitter DMs despite ‘extraordinary’ pushback from company, court documents say

Aytug Can Sencar/Anadolu Agency via Getty Images(NEW YORK) -- Special counsel Jack Smith earlier this year sought extensive data, including…

1 year ago

Starbucks ordered to pay extra $2.7M to employee who said she was fired for being white

RapidEye/Getty Images(NEW YORK) -- A New Jersey federal judge has ordered Starbucks to pay a former employee who was awarded…

1 year ago