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Major payment shakeup: How college athletes will get paid through Venmo
The payment system will transform how universities send money to athletes.
June 26, 2025How carbon capture works and the debate about whether it's a future climate solution
Power plants and industrial facilities that emit planet-warming carbon dioxide are hopeful that Congress will keep tax credits for capturing the gas and storing it deep underground
June 26, 2025Ford recalls nearly 200,000 Mustang Mach Es due to faulty door latches
The door latches could falter, potentially trapping passengers in the back seat.
June 23, 2025
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Latest Business Video
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4 hours ago
Inside look at Jeff Bezos and Lauren Sanchez’s wedding in Venice
ABC News’ Maggie Rulli reports from Italy, sharing the star-studded details on Amazon CEO Jeff Bezos and Lauren Sanchez's wedding as it kicks off in Venice, Italy.
4 hours ago
June 26
How is Tesla’s robotaxi rollout going?
The company’s robotaxi service, unveiled on Monday, involves 10 to 20 vehicles operating in a geofenced area of Austin.
June 26
June 26
Here's what experts think of Tesla's robotaxi rollout
The electric carmaker launched a driverless taxi service in Austin, Texas.
June 26
June 26
Stocks close higher as S&P 500 nears new record
The S&P 500 has soared more than 20% since an April low in the wake of President Donald Trump's "Liberation Day" tariffs announcement.
June 26
June 26
Major payment shakeup: How college athletes will get paid through Venmo
The payment system will transform how universities send money to athletes.
June 26
June 26
Cincinnati Bengals and county reach tentative $470M deal to renovate Paycor Stadium and extend lease
The Cincinnati Bengals and Hamilton County leaders have reached a tentative deal for $470 million in renovations to Paycor Stadium
June 26
June 26
Average long-term US mortgage rate drops to 6.77%, the lowest level since early May
The average rate on a 30-year U.S. mortgage fell to its lowest level since early May, an encouraging trend for prospective homebuyers at a time when the U.S. housing market remains largely held back by elevated borrowing costs and rising prices
June 26
June 26
The average rate on a 30-year mortgage fell to 6.77% this week, Freddie Mac says, the lowest level since early May
The average rate on a 30-year mortgage fell to 6.77% this week, Freddie Mac says, the lowest level since early May
June 26
June 26
Buy Now, Pay Later loans will soon affect some credit scores
Hundreds of millions of ‘Buy Now, Pay Later’ loans will soon affect credit scores for millions of Americans
June 26
June 26
Pringles maker Kellanova's shares rise after US regulators approve proposed merger
Snack maker Kellanova’s shares rose Thursday on news that its proposed merger with Mars Inc. had cleared U.S. regulators
June 26
June 26
GE Appliances moves some production from China to Kentucky with $490M investment
GE Appliances has announced a nearly half-billion-dollar project that will create 800 jobs and shift production of clothes washers from China to its manufacturing complex in Kentucky
June 26
June 26
Key Medicaid provision in Trump's bill is found to violate Senate rules. The GOP is scrambling
The Senate parliamentarian has advised that a Medicaid provider tax overhaul central to President Donald Trump's tax cut and spending bill doesn't adhere to procedural rules
June 26
June 26
How carbon capture works and the debate about whether it's a future climate solution
Power plants and industrial facilities that emit planet-warming carbon dioxide are hopeful that Congress will keep tax credits for capturing the gas and storing it deep underground
June 26
June 26
Fewer Americans sought unemployment benefits last week as layoffs remain low
The number of Americans applying for unemployment benefits dropped last week, the Labor Department said Thursday, a sign that companies aren’t cutting many jobs
June 26
June 26
US economy shrank 0.5% between January and March, worse than earlier estimates showed
The U.S. economy shrank at a 0.5% annual pace from January through March as President Donald Trump’s import taxes at least temporarily disrupted business, the Commerce Department reported Thursday in a a downgrade from its previous estimate
June 26
June 26
Fewer Americans sought unemployment benefits last week as layoffs remain low
Fewer Americans sought unemployment benefits last week as layoffs remain low
June 26
June 26
Reeling from Trump rebukes, Europe weighs deeper ties with China
The European Union is reassessing its ties with China strained relations with the United States
June 26
June 26
US economy shrank 0.5% in first quarter on import surge ahead of tariffs, a downgrade of earlier estimates
US economy shrank 0.5% in first quarter on import surge ahead of tariffs, a downgrade of earlier estimates
June 26
June 26
Carnegie honors 20 'Great Immigrants,' including composer Tania León, for 20th anniversary
Carnegie Corp. of New York's 2025 class of Great Immigrants, Great Americans include composer and conductor Tania León, last year's Nobel Prize winner in economics Simon Johnson, and Voto Latino CEO Maria Teresa Kumar
June 26
June 26
Investigators begin analyzing data from black boxes of Air India flight that crashed
Investigators have started analyzing data from the black boxes of the Air India Boeing 787 that crashed two weeks ago, killing at least 270 people
June 26
June 26
Shell denies reports that the energy giant is in talks to take over BP
British oil giant Shell is denying reports that it is in talks to buy rival BP
June 26
June 26
All day and all night, Greenlanders revel in 24-hour sunlight to play soccer
Greenland is covered in ice and snow, and its locals retreat indoors for most of the year
June 26
June 26
Colombia's president signs a labor overhaul into law after 2 failed attempts
Colombian President Gustavo Petro has signed a controversial labor reform into law, delivering a significant increase in worker protections
June 26
June 26
US stocks drift near their record after erasing almost all their 20% springtime drop
U.S. stocks are drifting closer to their record
June 26
June 25
North Korea opening a tourist site on its east coast next week
North Korea will open a tourist site on its east coast next week that it called a prelude to a new era in its tourism industry, though there is no word on when the country will fully reopen to foreign visitors
June 25
June 25
Denis Villeneuve to direct next James Bond film
Denis Villeneuve is going from “Dune” to Bond
June 25
June 25
Senate struggle over Medicaid cuts threatens progress on Trump's big bill
One key issue stalling progress on President Donald Trump’s big bill in Congress is particularly daunting
June 25
June 25
College graduates face toughest job market in more than a decade as hiring slows
Young people graduating from college this spring and summer are facing one of the toughest job markets in more than a decade
June 25
June 25
Nestle says it will remove artificial dyes from US foods by 2026
Nestle said Wednesday it will eliminate artificial colors from its U.S. food and beverages by the middle of 2026
June 25
June 25
Trump gets 'golden share' power in US Steel buyout. US agencies will get it under future presidents
New disclosures with the U.S. Securities and Exchange Commission show that President Donald Trump will control the so-called “golden share” that’s part of the national security agreement under which he allowed Japan-based Nippon Steel to buy out iconic...
June 25
June 25
Bumble says it will cut 240 jobs, or about 30% of its global workforce
Bumble has announced plans to lay off about 240 employees, roughly 30% of its workforce
June 25
June 25
Tesla sales drop in Europe for fifth month in a row
Tesla sales in Europe plunged for a fifth month in a row in May, a blow to investors who had hoped anger toward Elon Musk would have faded by now
June 25
June 25
Will the stock market continue to soar? Experts weigh in.
The S&P 500 has climbed 20% since April.
June 25
June 25
Kroger plans to close 60 US stores in 18 months to improve profits
Kroger plans to close around 60 U.S. grocery stores over the next 18 months to improve efficiency and profitability
June 25
June 25
Fed's Powell repeats warning about tariffs as some GOP senators accuse him of bias
Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s sweeping tariffs will likely push up inflation in the coming months, even as some Republican senators suggested the chair was biased against the duties
June 25
June 25
Mark Walter and Lakers say sale of the team is expected to close later this year
Businessman Mark Walter’s acquisition of the majority ownership stake of the Los Angeles Lakers, in a deal that puts the franchise valuation at $10 billion, is expected to close in the third or fourth quarter of this year
June 25
June 25
Majority of workers think ‘stable full-time job’ is a myth: Report
New data shows unfavorable opinions of the 9-to-5 workday, with fewer workers interested in taking leadership roles.
June 25
June 25
Edmunds: Five three-row EVs that are great for big families
Big families looking for a three-row electric SUV have more options than ever before thanks to a few new arrivals
June 25
June 25
World shares are mixed as a fragile Israel-Iran ceasefire holds
World shares are mixed as a fragile ceasefire between Israel and Iran appears to be holding
June 25
June 25
AI tools are helping teachers with grading and lessons
Across the country, artificial intelligence tools are changing the teaching profession as educators use them to help write quizzes and worksheets, design lessons, assist with grading and reduce paperwork
June 25
June 24
Hackathon teams race to solve defense tech challenges as Europe boosts military capabilities
Defense tech hackathons are attracting engineering students, tech industry workers and hobbyists to solve military challenges
June 24
June 24
Oregon governor signs bill providing unemployment pay for striking workers
Oregon Gov. Tina Kotek has signed into law a bill that provides unemployment benefits to striking workers
June 24
June 24
What's in and out of Trump's big bill as Senate races to meet Fourth of July deadline
President Donald Trump says “NO ONE GOES ON VACATION” until the big, beautiful bill is on his desk by the Fourth of July deadline
June 24
June 24
National boycott targets McDonald's after rolling back diversity initiatives
The fast-food giant called the boycott claims "misleading."
June 24
June 24
Louisiana files lawsuits alleging pharmaceutical giant CVS deceived customers
Louisiana accused pharmaceutical giant CVS of using its dominant market position to abuse customer information, drive up drug costs and unfairly undermine independent pharmacies
June 24
June 24
NASCAR teams fear 'catastrophic' impact of disclosing financial records during court fight
Attorneys for 12 of NASCAR’s 15 race teams told a federal judge that disclosing their financial records to the stock car series would be “catastrophic” to competitive balance
June 24
June 24
You just retired (or are about to). Now what?
You just retired (or are about to)
June 24
June 24
NBA owners unanimously approve $1.5B sale of Wolves, WNBA's Lynx from Taylor to Lore-Rodriguez group
The $1.5 billion sale of the Minnesota Timberwolves from Glen Taylor to an investment group led by e-commerce entrepreneur Marc Lore and former baseball star Alex Rodriguez has gained unanimous approval by NBA owners more than four years after the deal...
June 24
June 24
Musk's 'robotaxis' draw regulatory scrutiny after video shows one driving in an opposing lane
Federal traffic safety regulators are looking into suspected problems with Elon Musk’s test run of self-driving “robotaxis” in Texas after videos on social media show a few of them braking suddenly or going straight through an intersection from a turni...
June 24
June 24
Cargo ship carrying new vehicles sinks in North Pacific weeks after catching fire
More troubles for the cargo ship that caught fire earlier this month off Alaska's Aleutian Island chain
June 24