(NEW YORK) -- U.S. adults trust former President Donald Trump over President Joe Biden on the issue of inflation by a double-digit margin, according to a new ABC News/Ipsos poll this month, which found that price increases remain a top concern for voters, with less than six months to go…
(TUSCALOOSA, Ala.) -- Thousands of Mercedes-Benz workers in Alabama voted against joining the United Auto Workers (UAW) on Friday, delivering a significant defeat for the union one month after it prevailed at a Volkswagen facility in nearby Tennessee.Workers at a Mercedes-Benz plant near Tuscaloosa, Alabama cast ballots against joining the…
(NEW YORK) -- The Dow Jones Industrial Average crossed 40,000 for the first time in history on Thursday.This is a significant and symbolic milestone for the index that tracks 30 of the most valuable publicly traded companies in the U.S.The Dow is now up about 6% so far this year.The…
(NEW YORK) -- As Americans continue to experience sticker shock with volatile food costs, a slight ease of inflation last month could provide relief for consumers' wallets -- particularly at the grocery store.Food prices rose at a much slower pace than overall inflation since the same time last month, the…
(NEW YORK) -- Walgreens Boots Alliance announced Wednesday that it plans to sell its own generic version of the overdose reversal drug Narcan.Narcan is given as a nasal spray and the active ingredient in the medication -- naloxone -- can quickly restore breathing if someone is experiencing an opioid overdose…
(NEW YORK) -- Red Lobster has abruptly closed at least 99 locations across the country with restaurants shutting their doors in at least 27 states.Tagex Brands, a company that handles restaurant liquidation auctions, told ABC News that Red Lobster recently contacted them to auction off items from 52 locations that…
(WASHINGTON) -- Consumer prices rose 3.4% in April compared to a year ago, slowing slightly from the previous month and offering a welcome sign for the Federal Reserve in its yearslong inflation fight. The fresh data matched economists' expectations.After falling dramatically over the course of last year, inflation had accelerated…
(NEW YORK) -- Thousands of Mercedes-Benz workers in Alabama are voting on a union this week, marking a major test for the United Auto Workers just one month after a watershed victory in nearby Tennessee.The UAW faces a more difficult contest this time around because Mercedes-Benz has carried out an…
(NEW YORK) -- Aldi and Hy-Vee shoppers, check your refrigerator for cream cheese products that have been recalled due to possible salmonella contamination.Details of Aldi, Schreiber Foods, and Hy-Vee cream cheese recalls"In cooperation with Schreiber Foods, Inc., and out of an abundance of caution, ALDI Inc., recalls its Happy Farms…
(NEW YORK) -- An oft-touted advantage of owning an electric vehicle is one-pedal driving, when drivers can slow down a vehicle simply by lifting off the throttle.But as more Americans swap their gas-powered cars and trucks for an EV, some are also realizing there are drawbacks to the one-pedal lifestyle."It…