Business

(NEW YORK) — Generation Z is racking up more credit card debt than previous generations, while Generation X holds the highest average of credit card debt, according to recent data from Credit Karma. Between April and June 2023, Gen Z, people born between 1997 and 2012, had an average credit card balance of $3,328, a […]

(NEW YORK) — Three days after Election Night 2020, dozens of CEOs from the nation’s largest companies logged into a Zoom call aiming to prevent the collapse of American democracy, according to several attendees who spoke to ABC News. The night before, then-President Donald Trump had falsely declared victory in an address at the White […]

(NEW YORK) — Experts tell ABC News that the rise of generative artificial intelligence is making it more challenging for the public to tell fact from fiction — and with the 2024 presidential race only a little more than a year away, some are worried about the risk from deceptively fake political content. Generative AI […]

(NEW YORK) — Mortgage rates have climbed to their highest levels in 21 years, according to data released by Freddie Mac on Thursday. The 30-year fixed-rate mortgage averaged 7.09% over the week ending on Thursday, marking a significant increase from 6.96% the week prior, the data showed. The Federal Reserve has put forward an aggressive […]

(NEW YORK) — Special counsel Jack Smith earlier this year sought extensive data, including direct messages, tied to former President Donald Trump’s account on X, formerly known as Twitter, court filings unsealed on Tuesday show. The pursuit came amid pushback from X centered on a non-disclosure agreement that prevented the company from informing Trump about […]

(NEW YORK) — A New Jersey federal judge has ordered Starbucks to pay a former employee who was awarded $25.6 million in a wrongful termination suit an extra $2.7 million in damages. Shannon Phillips, a former regional director for the chain, sued the coffee giant in 2019, claiming that she was fired for being white. […]

Grace Cary/Getty Images (NEW YORK) — If you’re in the market to rent a new home, there’s a new warning by the Federal Trade Commission that you should be wary of before you go tour a property. The agency says scammers are making fake rental ads by using the photos and electronic lockboxes of homes […]

Wendy’s (NEW YORK) — Attention all Croissan’wich fans: There’s a new carb contender hitting the breakfast menu at Wendy’s. The fast food chain announced its latest a.m. innovation on Tuesday, launching two new English Muffin Sandwiches. Customers can choose between oven-baked applewood smoked bacon or a savory grilled sausage patty, topped with American cheese. McDonald’s […]

(HONOLULU) — Shares of Hawaiian Electric have plummeted nearly 40% since trading opened Monday over concerns that the utility company could be held liable for damage wrought by the Maui wildfires. A class-action lawsuit filed against Hawaiian Electric on Saturday alleges that the company “inexcusably kept their power lines energized” despite forecasts of high winds that […]

Starbucks (NEW YORK) — Starbucks is adding a new spin to three of its drinks for the final weeks of summer. Creating unique customizations has long been popular with Starbucks fans, especially on social media, but starting Monday, an official Summer Remix Menu will be available in person, online and in-app with three twists on […]