Business

(NEW YORK) — The U.S. economy shattered expectations in recent weeks, extending a run of overachievement that has quieted some of the most skeptical economists. Americans, however, remain sour. Less than 3 in 10 adults rate current economic conditions as “excellent” or “good,” a Pew survey last month found. The dynamic holds significant implications for […]

(NEW YORK) — Many Americans have put off buying a new sport utility vehicle or truck because of steep prices and high interest rates. Now, however, may be the right time to upgrade that older model, industry watchers say. “2024 is probably the best year since the pandemic to buy a new car,” Mark Schirmer, […]

(NEW YORK) — Google announced Thursday that it is joining a coalition of companies dedicated to helping increase transparency around artificial intelligence and digital content. As examples of AI-generated content continue to make headlines — from fake sexually explicit AI images of Taylor Swift, to a deceptive AI-generated voice clone of President Joe Biden — […]

(NEW YORK) — Homeland Security Investigations is cracking down on counterfeit goods before Super Bowl LVIII, a top HSI official told ABC News. “We’re looking at folks, criminal organizations who are taking advantage of large-scale sporting events,” Jim Mancuso, head of the Homeland Security Investigations National Intellectual Property Rights Coordination (IPR) Center said. “And they’re […]

Igor Golovniov/SOPA Images/LightRocket via Getty Images) (NEW YORK) — ESPN, Warner Discovery and Fox Sports announced Tuesday that they will partner to create a massive new streaming network dedicated to sports. ESPN is owned by the Walt Disney Company, the parent company of ABC News. This is a developing story. Please check back for updates. […]

(NEW YORK) — Meta will begin labeling images created by OpenAI, Midjourney and other artificial intelligence products, Nick Clegg, the company’s president of global affairs, announced in an interview with ABC’s “Good Morning America” on Tuesday. The labels, set to roll out in the coming months, will identify AI-generated images posted on Facebook, Instagram and […]

(NEW YORK) — Bissell, a floor cleaning product company, recalled over 150,000 of its Multi Reach Hand and Floor Vacuum Cleaners due to a potential fire hazard, according to an announcement on the United States Product Safety Commission and a separate announcement on the company’s website. According to the USPSC’s release posted on Thursday, the […]

(WASHINGTON) — Chief executive officers of some of the biggest social media companies, from Facebook to Snapchat, were questioned Wednesday in a Senate hearing on Capitol Hill . Filling the seats behind them were parents, caregivers and loved ones of young people who they say were harmed due to social media use. In an emotional […]

(ORLANDO, Fla.) — A federal judge in Florida has dismissed a lawsuit filed by Disney against Gov. Ron DeSantis and other state officials over the state legislature’s decision to alter the governing structure of the Reedy Creek Improvement District. Disney had argued in the lawsuit, filed last April, that the change to the district, for which […]

Atlantide Phototravel/Getty Images (ORLANDO, Fla.) — A Florida judge has dismissed a lawsuit filed by Disney against Gov. Ron DeSantis over the state legislature’s decision to alter the governing structure of the Reedy Creek Improvement District. Disney had argued the change to the district, for which the company was the main landowner, was made in retaliation […]