Diesel prices hit record high, raising supply costs for many products

Friday, September 4 by ABC News

(NEW YORK) -- Diesel prices hit a record high in the United States on Friday, jumping to an average of $5.85 a gallon as the Iran war choked global oil supply.Gasoline prices also climbed on Friday, registering at an average of $4.14 a gallon,... Read More.

Hiring blew past expectations in August, jobs report shows

Friday, September 4 by ABC News

(NEW YORK) -- Hiring grew far more than expected in August, bouncing back from a decline in employment a month earlier, according to the federal government's monthly jobs report.Employers added 162,000 jobs in August, which marked a major improvement from 23,000 jobs lost in... Read More.

TikTok announces new ways to comment, including voice messages and polls

Thursday, September 3 by ABC News

(NEW YORK) -- TikTok is giving users new ways to join conversations on the platform.The social media company on Thursday announced several new comment features that will allow people to leave voice messages, vote in polls and share multiple photos under videos.More than 1.7... Read More.

Southwest announces its 1st lounges at these 4 airports

Wednesday, September 2 by ABC News

(NEW YORK) -- For the first time ever, Southwest Airlines is joining the airport lounge race with plans to open lounges in four cities next year.The airline announced Wednesday it will open lounges in Austin (Austin-Bergstrom International Airport), Baltimore (Baltimore/Washington International Thurgood Marshall Airport),... Read More.

US oil reserve hits 44-year-low amid Iran war, global energy shortage

Wednesday, September 2 by ABC News

(NEW YORK) -- The U.S. Strategic Petroleum Reserve has dropped to its lowest level since 1982, Department of Energy data this week showed, revealing the continued drawdown of emergency oil as the nation weathers a global energy shortage.The reserve shrank by more than 3... Read More.

Ontario’s premier says trade war would be ‘devastating’ for US and Canada

Monday, August 31 by ABC News

(WASHINGTON) -- Ontario Premier Doug Ford expressed firm opposition to President Donald Trump's tariffs on Canada this weekend, saying that the result of a trade war could be harmful to both countries."Everyone's feeling bullied by President Trump, and this is the worst thing you... Read More.

Trump signs proclamation to pause some beef tariffs despite backlash from farmers, GOP

Friday, August 28 by ABC News

(WASHINGTON) -- President Donald Trump has formally signed a proclamation temporarily lifting tariffs on some foreign imports of beef beginning Sept. 1, despite the firestorm of backlash he has received from farmers and Republican lawmakers over the action. This action only applies to lean... Read More.

Connecticut sues Kalshi to block alleged unlicensed sports gambling

Thursday, August 27 by ABC News

(NEW YORK) -- The state of Connecticut sued Kalshi on Thursday to block alleged unlicensed sports gambling offered by the online prediction platform, the Office of the Attorney General said.According to Attorney General William Tong, Kalshi allows customers to bet on a variety of... Read More.

Nvidia revenue soars 106%, beats expectations as AI chips stay in high demand

Wednesday, August 26 by ABC News

(NEW YORK) -- Nvidia surpassed Wall Street expectations for revenue over a recent three-month period, the company said on Wednesday, demonstrating strong performance as a data center boom drives demand for the company's advanced artificial intelligence chips.The California-based company recorded $96.2 billion in sales... Read More.

Trump’s proposed tariffs on Canada hurtle toward deadline amid trade talks

Friday, August 21 by ABC News

(WASHINGTON) -- President Donald Trump's 50% tariffs on some Canadian goods are set to take effect early Saturday morning, just days after he pushed back a previous deadline while the two sides negotiated a trade agreement.Trump claimed earlier this week the United States had... Read More.

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