By ABC News

Aug 22, 2014 3:53pm

Here’s How to Minimize the Student Loans ‘Ruining Our Lives’

ABC News’ John Kapetaneas reports: About 20 million college students will begin classes nationwide this fall, with more than a few of them taking out federal and private loans to finance their education. Total U.S. student debt stands upwards of $1 trillion in 2014, outpacing… Read More »

Aug 19, 2014 8:45am

Taser (TASR) Shares Jump With Ferguson Unrest

  Morning Money Memo: The unrest in Ferguson, Missouri, is having a dramatic effect on shares of Taser International Inc. (TASR). The Scottsdale, Arizona-based company, best known for its electroshock “stun” guns, has seen its share price jump 19 percent in the past five trading… Read More »

By ABC News

Aug 1, 2014 9:30am

Unemployment Rate Creeps Up Amid Possible Silver Lining

Morning Money Memo… ABC News’ Richard Davies and John Kapetaneas report: For the sixth straight month, U.S. employers added more than 200,000 new jobs. The July employment report from The Labor Department was slightly weaker than expected, but new job totals for both May and… Read More »

By ABC News

Jul 21, 2014 11:02am

Ukraine Effect on Markets?

ABC News’ John Kapetaneas reports: Morning Money Memo … The crisis in Ukraine is shaking many economies across the globe this morning, although not nearly the level seen this past Friday. Markets in Europe were down across the board, with Italian and German markets leading… Read More »

Jul 3, 2014 9:17am

June Unemployment Rate Drops

Morning Money Memo… The jobs market is heating up with a stronger than expected June employment report today from the Labor Department. The U.S. economy added 288,000 jobs and the unemployment rate dropped from 6.3 percent to 6.1 percent. June was the fifth month in… Read More »

By ABC News

Jun 20, 2014 9:40am

Gold in Demand, Markets Play It Safe Amid Iraq Woes

ABC News’ John Kapetaneas reports: As the Dow slowly creeps its way toward 17,000, European investors are rushing back to the safety of gold, pushing its value up to $1,313 this morning. Markets in Europe and Asia were mixed today, while U.S. markets are looking… Read More »

Jun 18, 2014 11:25am

Vinyl’s Popularity Lifts Turntable Sales

Music aficionados have long touted the virtues of vinyl, arguing that CD’s and MP’3s are no match for the depth and warmth of sound offered by the grooves inside an LP. Now, as the popularity of vinyl soars, companies that cater to the medium are… Read More »

By ABC News

Jun 4, 2014 9:53am

Trade Deficit Up in April

Morning Money Memo … ABC News’ John Kapetaneas reports: The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that the U.S. trade deficit rose by $3 billion in April. The government announced total April exports of… Read More »

By ABC News

Jun 3, 2014 8:23am

Obama Seeks $1 Billion for European Defense

By John Kapetaneas Morning Money Memo…  The president announced this morning that the United States has backed a $1 billion fund to fortify European security measurements, calling European security the “cornerstone of our security.” Speaking from Warsaw as part of his four day trip through… Read More »

May 21, 2014 7:59am

More GM Recalls Expected, This Time on Newer Models

Morning Money Memo … The crisis over recalls at General Motors may be far from over. America’s biggest auto manufacturer faces more legal and regulatory questions. GM’s stock price is down 20% this year, and it dropped 3.5% Tuesday after more recalls were announced involving… Read More »