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3 hours ago

Long lines form and frustration grows as Cuba runs short of cash

Alejandro Fonseca stood in line for several hours outside a bank in Havana hoping to withdraw Cuban pesos from an ATM
3 hours ago
An ice cream street vendor shows his Cuban pesos in Havana, Cuba, Monday, April 20, 2024. An increasing number of Cubans are having to grapple with the country's shortage of cash. Converting those Cuban pesos to other currencies poses yet another challenge, as there are several, highly fluctuating exchange rates in the island. (AP Photo/Ariel Ley)
4 hours ago

Oregon's Sports Bra, a pub for women's sports fans, plans national expansion as interest booms

An Oregon sports bar focusing on and showing only women's athletics has plans to expand across the country through a franchise model
4 hours ago
A piece of tape displays a thank you message above a pass-through window at The Sports Bra sports bar on Wednesday, April 24, 2024, in Portland, Ore. (AP Photo/Jenny Kane)
April 26

Regulators close Philadelphia-based Republic First Bank, first US bank failure this year

Regulators have closed Republic First Bank, a regional lender operating in Pennsylvania, New Jersey and New York
April 26
FILE - The Federal Deposit Insurance Corporation (FDIC) seal is shown outside its headquarters, March 14, 2023, in Washington. Regulators have closed Republic First Bank, a regional lender operating in Pennsylvania, New Jersey and New York. The FDIC said Friday, April 26, 2024, it had seized the Philadelphia-based bank, which had roughly $6 billion in assets and $4 billion in deposits as of Jan. 31. (AP Photo/Manuel Balce Ceneta, File)
April 26

An emergency slide falls off a Delta Air Lines plane, forcing pilots to return to JFK in New York

An emergency slide fell off a Delta plane that was taking off from New York, and pilots returned to the airport and landed safely
April 26
FILE - A man waits for a Delta Air Lines flight at Hartsfield-Jackson International Airport in Atlanta, Jan. 7, 2022. An emergency slide fell off a Delta plane that was taking off from New York's John F. Kennedy International Airport, Friday, April 26, 2024. The pilots returned to the airport and landed safely. (AP Photo/Charlie Riedel, File)
April 26

Mississippi legislative leaders swap proposals on possible Medicaid expansion

Mississippi Senate leaders are saying for the first time that they are willing to expand Medicaid to the full level allowed under a federal law signed 14 years ago by then-President Barack Obama
April 26
Mississippi House Medicaid Committee Chairman Rep. Missy McGee, R-Hattiesburg, second from right, noting the empty seats on the right, expresses her disappointment that the state Senate conferees did not attend a meeting to discuss their legislative bodies respective legislative plans for the cost of Mississippi Medicaid expansion at a public legislative conference committee meeting held at the Mississippi State Capitol, Thursday, April 25, 2024. House negotiators Rep. Sam Creekmore, R-New Albany, center, and Rep. Joey Hood, R-Ackerman, far left, attended the meeting. (AP Photo/Rogelio V. Solis)
April 26

How major US stock indexes fared Friday, 4/26/2024

Alphabet and Microsoft led the U.S. stock market to its first winning week in the last four and its biggest weekly gain since November
April 26
April 26

Southwest Airlines is considering changes to its quirky boarding and seating practices

Get ready for changes in boarding and seating at Southwest Airlines
April 26
FILE - Southwest Airlines plane prepares to land at Midway International Airport, Feb. 12, 2023, in Chicago. Flight attendants at Southwest Airlines on Wednesday, April 24, 2024, ratified a contract that includes pay raises totaling more than 33% over four years, as airline workers continue to benefit from the industry's recovery since the pandemic. (AP Photo/Kiichiro Sato, File)
April 26

Temporary farmworkers get more protections against retaliation and other abuses under new rule

Temporary farmworkers are getting more legal protections against employer retaliation, unsafe working conditions, illegal recruitment and other abuses
April 26
Acting United States Secretary of Labor Julie Su smiles before speaking at a news conference at Balletto Vineyards in Santa Rosa, Calif., Friday, April 26, 2024. Temporary farmworkers workers are getting more legal protections against employer retaliation, unsafe working conditions, illegal recruitment and other abuses. The rule announced Friday by the Biden administration aims to bolster support workers on H-2A visas. (AP Photo/Jeff Chiu)
April 26

Williams-Sonoma must pay almost $3.2 million for violating FTC's 'Made in USA' order

Home products retailer Williams-Sonoma will have to pay almost $3.2 million penalty for violating a Federal Trade Commission “Made in USA” order
April 26
FILE -Shoppers leave a Williams-Sonoma store in New York, Jan. 3, 2008. Home products retailer Williams-Sonoma will have to pay more than $3.17 million penalty for violating a “Made in USA” order from the U.S. Federal Trade Commission. (AP Photo/Mark Lennihan. file)
April 26

A California bill aiming to ban confidentiality agreements when negotiating legislation fails

A bill to ban the use of confidentiality agreements when negotiating potential laws in California has failed to pass
April 26
FILE – Republican Assemblymember Vince Fong speaks on the floor of the California Assembly on Thursday, April 11, 2024. A bill Fong wrote to ban the use of nondisclosure agreements when negotiating legislation failed to pass a legislative committee on Thursday, April 25, 2024. (AP Photo/Rich Pedroncelli, File)
April 26

Mortgage rates soar over 7%

ABC News’ business correspondent Alexis Christoforous breaks down the current housing market.
April 26
VIDEO: Mortgage rates soar over 7%
April 26

Closing prices for crude oil, gold and other commodities

Benchmark U.S. crude oil for June delivery rose 28 cents to $83.85 per barrel Friday
April 26
April 26

Biden officials indefinitely postpone ban on menthol cigarettes amid election-year pushback

President Joe Biden’s administration is again delaying a sweeping plan to ban menthol cigarettes
April 26
FILE - Menthol cigarettes and other tobacco products are displayed at a store in San Francisco on May 17, 2018. For the second time in recent months, President Joe Biden's administration has delayed a plan to ban menthol cigarettes, a decision that is certain to infuriate anti-smoking advocates but could avoid angering Black voters ahead of November elections. (AP Photo/Jeff Chiu, File)
April 26

Most drivers will pay $15 to enter busiest part of Manhattan starting June 30

Transit officials say the start date for the $15 toll most drivers will be charged to enter Manhattan’s central business district will be June 30
April 26
FILE - Recently installed toll traffic cameras hang above West End Ave. near 61st Street in the Manhattan borough of New York, Friday, Nov. 16, 2023. The start date for the $15 toll most drivers will be charged to enter Manhattan's central business district will be June 30, transit officials said Friday, April 26, 2024. (AP Photo/Ted Shaffrey, File)
April 26

Biden administration indefinitely postpones rule that would have banned menthol-flavored cigarettes

Biden administration indefinitely postpones rule that would have banned menthol-flavored cigarettes
April 26
April 26

Google plans to invest $2 billion to build data center in northeast Indiana, officials say

Officials say Google plans to invest $2 billion to build a data center in northeastern Indiana to help power its artificial intelligence technology and cloud business
April 26
April 26

The US economy is cooling off. Is it time to worry?

The economy slowed dramatically to start 2024.
April 26
A woman shopping for groceries examines a food label while holding a shopping basket in an undated stock image.
April 26

Berkshire Hathaway's real estate firm to pay $250 million to settle real estate commission lawsuits

A real estate company owned by Warren Buffett’s Berkshire Hathaway has agreed to pay $250 million to settle lawsuits nationwide
April 26
FILE - A for sale sign is posted in front of a home in Sacramento, Calif., Thursday, March 3, 2022. HomeServices of America, a real estate company owned by Warren Buffett’s Berkshire Hathaway, has agreed to pay $250 million to settle lawsuits nationwide claiming that longstanding practices by real estate brokerages forced U.S. homeowners to pay artificially inflated broker commissions when they sold their homes. (AP Photo/Rich Pedroncelli, File)
April 26

Jury in Abu Ghraib trial says it is deadlocked; judge orders deliberations to continue

A judge ordered jurors Friday to keep deliberating after they said they were deadlocked in a lawsuit alleging a Virginia-based military contractor is liable for abuses suffered by inmates at the Abu Ghraib prion in Iraq two decades ago
April 26
April 26

Surging auto insurance rates squeeze drivers, fuel inflation

Relentlessly rising auto insurance rates are squeezing car owners and stoking inflation
April 26
FILE - Heavy traffic is seen at O'Hare International Airport in Chicago, Monday, April 15, 2024. Relentlessly rising auto insurance rates are squeezing car owners and stoking inflation. Auto insurance rates rose 2.6% in March and are up 22% from a year ago. (AP Photo/Nam Y. Huh, File)
April 26

140,000 people did their taxes with the free IRS direct file pilot. But program's future is unclear

The IRS says more than 140,000 taxpayers filed their taxes through its new direct file pilot program
April 26
FILE - A sign outside the Internal Revenue Service building is seen, May 4, 2021, in Washington. The IRS said Friday, April 26, 2024, more than 140,000 taxpayers filed their taxes through its new direct file pilot program. It says the program's users claimed more than $90 million in refunds, saving roughly $5.6 million in fees they would have spent with commercial tax preparation companies. (AP Photo/Patrick Semansky, File)
April 26

Alphabet, Snap rise; Intel, Boyd Gaming fall, Friday, 4/26/2024

Stocks that traded heavily or had substantial price changes on Friday: Alphabet, Snap rise; Intel, Boyd Gaming fall
April 26
April 26

Tech CEOs Altman, Nadella, Pichai and others join government AI safety board led by DHS' Mayorkas

The CEOs of leading U_S_ technology companies are joining a new artificial intelligence safety board to advise the federal government on how to protect the nation’s critical services from “AI-related disruptions.”
April 26
Google and Alphabet CEO Sundar Pichai speaks at the Business, Government and Society Forum at Stanford University in Stanford, Calif., Wednesday, April 3, 2024. (AP Photo/Jeff Chiu)
April 26

JPMorgan's Dimon hopes for soft landing for US economy but says stagflation is a possible scenario

JPMorgan CEO Jamie Dimon says he’s hopeful the Federal Reserve can bring down inflation without causing a recession but wouldn’t rule out more troubling possibilities, such as stagflation
April 26
Jamie Dimon, CEO and chairman of JPMorgan Chase, center, poses for a photograph during the community branch opening in the Bronx borough of New York, on Friday, April 26, 2024. (AP Photo/Andres Kudacki)
April 26

Owner of exploded Michigan building arrested at airport while trying to leave US, authorities say

The owner of a suburban Detroit business that caught fire and exploded, killing a man, was arrested at a New York airport as he was preparing to depart for Hong Kong on a one-way ticket
April 26
This photo provided by Macomb County Jail shows Noor Kestou. Kestou was charged with involuntary manslaughter Thursday, April 25, 2024, in connection with an explosion at a building he owned in which a nitrous oxide cannister propelled through the air, striking and killing another man. (Macomb County Jail via AP)
April 26

US Silica agrees to go private in $1.85 billion acquisition by Apollo Global

U.S. Silica has agreed to go private in an all-cash acquisition by Apollo Global Management that values the industrial minerals company at about $1.85 billion
April 26
April 26

Fed's preferred inflation gauge shows price pressures stayed elevated last month

A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed’s reluctance to cut interest rates anytime soon and underscoring a burden for President Joe Biden’s re-election bid
April 26
A clearance sign is displayed at a retail clothing store in Downers Grove, Ill., Monday, April 1, 2024. On Friday, April 26, 2024, the Commerce Department issues its March report on consumer spending. (AP Photo/Nam Y. Huh)
April 26

An inflation gauge closely tracked by the Federal Reserve shows price pressures remain elevated

An inflation gauge closely tracked by the Federal Reserve shows price pressures remain elevated
April 26
April 26

Online retailer Shein is latest to face strict European Union digital regulations

Online fast-fashion retailer Shein must face the European Union’s strictest level of digital regulations
April 26
FILE - Pages from the Shein website, left, and from the Temu site, right, are shown in this photo, in New York, Friday, June 23, 2023. Online fast-fashion retailer Shein must face the European Union's strictest level of digital regulations, the bloc said on Friday, April 26, 2024 as it added the company to its list of big platforms that need extra scrutiny. (AP Photo/Richard Drew, File)
April 26

A Turkish court sentences a Syrian woman to life in prison for a bombing in Istanbul in 2022

Turkey’s state-run news agency has reported that a court sentenced a Syrian woman to life in prison for a deadly explosion on a busy shopping district in Istanbul in 2022
April 26
FILE - People leave the area after an explosion on Istanbul's popular pedestrian Istiklal Avenue Sunday, Istanbul, Sunday, Nov. 13, 2022. Alham Albashir, alleged bomber of a deadly blast killing six and injuring 99, received 7 consecutive life sentences by an Istanbul court on Friday, April 26, 2024, Turkey’s state-run news agency reported. (AP Photo/Can Ozer, File)
April 26

Exxon Mobil profit declines in 1st quarter as natural gas prices fall

Exxon Mobil’s profit declined in its first quarter as natural gas prices fell and industry refining margins dropped
April 26
FILE - Delegates meet at the Exxon Mobil booth during the LNG2023 conference in Vancouver, British Columbia, Tuesday, July 11, 2023. Exxon Mobil reports their earnings Friday, April 26, 2024. (Darryl Dyck/The Canadian Press via AP, File)
April 26

US probes whether Tesla Autopilot recall did enough to make sure drivers pay attention

The U.S. government’s auto safety agency is investigating whether last year’s recall of Tesla’s Autopilot driving system did enough to make sure drivers pay attention to the road
April 26
FILE - The logo for the Tesla Supercharger station is seen in Buford, Ga, April 22, 2021. Faced with falling global sales and a tumbling stock price, Tesla has slashed prices again on some of its electric vehicles and its “Full Self Driving” system. Tesla releases first-quarter earnings Tuesday, April 23, 2024. (AP Photo/Chris Carlson, File)
April 26

US agency is investigating whether the recall of Tesla Autopilot driving system did enough to ensure drivers attention

US agency is investigating whether the recall of Tesla Autopilot driving system did enough to ensure drivers attention
April 26
April 26

These are the countries where TikTok is already banned

TikTok is banned in a handful of countries and not allowed on government-issued devices in a number of others
April 26
A TikTok content creator, speaks to reporters outside the U.S. Capitol, Tuesday, April 23, 2024, in Washington, as Senators prepare to consider legislation that would force TikTok's China-based parent company to sell the social media platform under the threat of a ban, a contentious move by U.S. lawmakers. (AP Photo/Mariam Zuhaib)
April 26

5 cars from the Beijing auto show that reflect China's vision for the future of driving

China’s vision of the future of the automobile — electrified and digitally connected — is on display at the ongoing Beijing auto show
April 26
A worker cleans an Exeed C-DM car during the China Auto Show in Beijing, China, Friday, April 26, 2024. China's vision of the future of the automobile — electrified and digitally connected — is on display at the ongoing Beijing auto show. (AP Photo/Tatan Syuflana)
April 26

Mining giant Anglo-American rejects BHP's $39 billion takeover offer, says it's 'opportunistic'

U.K.-based mining giant Anglo American has rejected a 31 billion pound ($39 billion) takeover offer from BHP Group, saying it significantly undervalues the company and its growth potential
April 26
April 26

Stock market today: Alphabet and Microsoft help Wall Street clinch its best week in nearly 6 months

Alphabet and Microsoft led the U.S. stock market to its first winning week in the last four and its biggest weekly gain since November
April 26
A trader works on the floor of the New York Stock Exchange shortly after the opening bell, Wednesday, April 24, 2024, in New York. (AP Photo/Mary Altaffer)
April 26

Journalists critical of their own companies cause headaches for news organizations

Journalists see themselves as truth-tellers, and sometimes as contrarians
April 26
FILE - Republican National Committee chair Ronna McDaniel speaks before a Republican presidential primary debate hosted by NBC News, Nov. 8, 2023, at the Adrienne Arsht Center for the Performing Arts of Miami-Dade County in Miami. In the past few weeks, NBC reversed a decision to hire former Republican National Committee head McDaniel as a political contributor following a revolt by some of its best-known personalities. (AP Photo/Rebecca Blackwell, File)
April 26

#MeToo advocates vow the reckoning will continue after Weinstein's conviction is overturned

Harvey Weinstein's accusers and their advocates were shocked and angered by an appellate court’s decision to overturn the ex-movie mogul’s 2020 rape conviction
April 26
FILE - Tarana Burke, founder and leader of the #MeToo movement, sits in her home in Baltimore on Tuesday, Oct. 13, 2020. (AP Photo/Steve Ruark, File)
April 26

Rooting for Trump to fail has made his stock shorters millions

Rooting for Donald Trump to fail has rarely been this profitable
April 26
Republican presidential candidate and former President Donald Trump sits in Manhattan state court in New York, Monday, April 23, 2024. (Brendan McDermid/Pool Photo via AP)
April 26

Trading Trump: Truth Social's first month of trading has sent investors on a ride

With Donald Trump facing dozens of federal criminal charges and hundreds of millions in legal expenses, Trump Media & Technology Group Corp. went public on the Nasdaq exchange March 26
April 26
FILE - Former President Donald Trump speaks with construction workers at the construction site of the new JPMorgan Chase headquarters in midtown Manhattan, Thursday, April 25, 2024, in New York. (AP Photo/Yuki Iwamura, File)
April 25

Walmart US CEO talks inflation, self-checkout, and non-college degree workers

The retailer is offering more skills certificates to workers wanting to advance.
April 25
In this Nov. 24, 2023, file photo, a Walmart store is shown on Black Friday, in Secaucus, New Jersey.
April 25

Tennessee lawmakers adjourn after finalizing $1.9B tax cut and refund for businesses

Tennessee’s GOP-controlled General Assembly has adjourned for the year, concluding months of tense political infighting that ultimately doomed Republican Gov. Bill Lee’s universal school voucher push
April 25
Rep. Gino Bulso, R-Brentwood, sits in the House chamber during a recess of a legislative session Thursday, April 25, 2024, in Nashville, Tenn. (AP Photo/George Walker IV)
April 25

Selling weight-loss and muscle-building supplements to minors in New York is now illegal

It's now illegal to sell weight-loss and muscle-building supplements to minors in New York
April 25
Capsules advertising weight loss properties are displayed at a store in New York, Thursday, April 25, 2024. It's now illegal to sell weight loss and muscle-building supplements to minors in New York. The first-in-the-nation law went into effect this week. (AP Photo/Seth Wenig)
April 25

The protests over the Israel-Hamas war put a spotlight on college endowments

One of the demands of antiwar protestors on college campuses is for their schools to divest their endowments from companies that are profiting from Israel’s war against Hamas in Gaza
April 25
A Palestinian flag is displayed at the pro-Palestinian demonstration encampment at Columbia University in New York on Wednesday April 24, 2024. (AP Photo/Stefan Jeremiah)
April 25

Google parent reports another quarter of robust growth, rolls out first-ever quarterly dividend

Google’s corporate parent Alphabet Inc. has released a quarterly report showing it’s still reaping double-digit revenue gains from its digital advertising empire while sowing potentially lucrative new ground in artificial intelligence
April 25
FILE - In this Feb. 14, 2018, file photo the logo for Alphabet appears on a screen at the Nasdaq MarketSite in New York. Alphabet reports earnings on Thursday, April 25, 2024. (AP Photo/Richard Drew, File)
April 25

Microsoft quarterly profit rises 20% as tech giant pushes to get customers using AI products

Microsoft has reported that its profit rose 20% for the January-March quarter as it tries to position itself as a leader in applying artificial intelligence technology to make workplaces more productive
April 25
FILE - The logo for Microsoft, and a scene from Activision "Call of Duty - Modern Warfare," are shown in this photo, in New York, Wednesday, June 21, 2023. Microsoft reports earnings on Thursday, April 25, 2024. (AP Photo/Richard Drew, File)
April 25

Minneapolis smokers to pay some of the highest cigarette prices in US with a $15 per-pack minimum

Smokers in Minneapolis will pay some of the highest cigarette prices in the country after the City Council voted unanimously to impose a minimum retail price of $15 per pack to promote public health
April 25
This July 29, 2013, photo shows a case of freshly-stamped Marlboro cigarette cartons at M. Amundson Cigar & Candy Co. in Minneapolis. Smokers in Minneapolis will pay some of the highest cigarette prices in the country after the City Council voted unanimously Thursday, april 25, 2024 to impose a minimum retail price of $15 per pack to promote public health. (Mark Zdechlik/Minnesota Public Radio via AP, file)
April 25

Closing prices for crude oil, gold and other commodities

Benchmark U.S. crude oil for June delivery rose 76 cents to $83.57 per barrel Thursday
April 25
April 25

Native American tribes want US appeals court to weigh in on $10B SunZia energy transmission project

Native American tribes and environmentalists want a U.S. appeals court to weigh in on their request to halt construction along part of a $10 billion energy transmission line
April 25