Max Zahn ABC News
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Business
Fed approves 0.25% hike, softening rate increases again
Bloomberg Creative/Getty Images(WASHINGTON) -- The Federal Reserve said Wednesday it was raising its short-term borrowing rate another 0.25%, the central bank's…
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Business
Fed expected to raise interest rate amid recession fears
Bloomberg Creative/Getty Images(WASHINGTON) -- The Federal Reserve is set to announce on Wednesday whether it will impose another interest rate…
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Politics
Biden climate law spurred billions in clean energy investment. Has it been a success?
Alex Wong/Getty Images(WASHINGTON) -- When President Joe Biden signed the $369 billion Inflation Reduction Act in August, supporters hailed the…
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Business
What to know about severance pay amid high-profile layoffs
Anchalee Phanmaha/Getty Images(NEW YORK) -- Continued recession fears and a cascade of tech industry layoffs have drawn renewed attention to…
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Business
US economy grew at end of 2022, defying recession fears
Javier Ghersi/Getty Images(WASHINGTON) -- The U.S. economy grew robustly at the end of last year, defying recession fears and weathering…
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Business
GDP data to show economic health amid recession fears
Javier Ghersi/Getty Images(WASHINGTON) -- Investors, business leaders and everyday Americans will be keeping a close watch on the release of…
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Business
New York attorney general voices concern over facial recognition
Michael M. Santiago/Getty Images(NEW YORK) -- A viral controversy over the use of facial recognition technology to bar customers from…
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Business
Why the holiday season ended with a sales slump, and what it means for the 2023 economy
Tetra Images/Getty Images(NEW YORK) -- The holiday shopping season began with a boom but ended with a whimper. U.S. retail…
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Business
Microsoft is laying off 10,000 workers amid tech downturn
NicolasMcComber/Getty Images(NEW YORK) -- Microsoft said it will lay off 10,000 employees this year, the latest tech firm to slash…
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Business
Here's why your natural gas bills could be much higher this winter
Tetra Images/Getty Images(NEW YORK) -- Even as U.S. households begin to enjoy relief from inflation woes, a spike in heating…
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