Money Archives - ABC17NEWS

American Airlines canceling hundreds of flights through mid-July in part due to labor shortages

June 20, 2021 7:07 PM CNN Newsource

American Airlines is canceling hundreds of flights through at least mid-July as the company strives to maintain service in the midst of massively…

‘Assault on Democracy’ explores the roots of January 6 and why it matters today

June 20, 2021 6:43 PM CNN Newsource

A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. “Assault on…

Hong Kong journalist says newsroom raid ‘sent shudders through the industry’

June 20, 2021 1:03 PM CNN Newsource

Five hundred police officers raided the Apple Daily newsroom in Hong Kong last week to arrest executives and top editors and seize journalistic…

Companies are celebrating Juneteenth in unique ways this week

June 20, 2021 12:54 PM CNN Newsource

Major corporations are celebrating Juneteenth in unique ways this week. The annual June 19 tradition, which falls on Saturday this year, commemorates…

Key indicators show that the US economy is recovering, but it will never be the same

June 20, 2021 11:21 AM CNN Newsource

America hit a milestone Friday: 300 million Covid-19 shots have been administered in the country. And as the number of vaccinations continues to…

Amazon Prime Day is actually a bummer for these sellers

June 20, 2021 9:58 AM CNN Newsource

Amazon Prime Day is typically one of the best days of the year for Keababies, which sells baby care and maternity products on its web site. Last…

Key indicators that the United States is recovering from the pandemic

June 20, 2021 9:26 AM CNN Newsource

America hit a milestone Friday: 300 million people in the country have received at least one dose of a Covid-19 vaccine. And as the number of…

Traffic deaths jump for Black Americans who couldn’t afford to stay home during Covid

June 20, 2021 8:23 AM CNN Newsource

Traffic deaths soared in 2020 despite Americans driving less due to the pandemic, and Black Americans bore a disproportionate share of the increase…

The US economy is never going back to ‘normal’

June 20, 2021 7:34 AM CNN Newsource

The US economy has come a long way since last year’s devastating downturn. But a return to “normal” may not be possible. The…

Business upticks show how Americans are recovering from the pandemic

June 19, 2021 3:34 PM CNN Newsource

America hit a milestone Friday: 300 million people in the country have received at least one dose of the Covid-19 vaccine. And as the number of…

A judge ruled that Florida would be harmed by the CDC stopping most cruise ships from sailing

June 19, 2021 3:14 PM CNN Newsource

A federal judge ruled Friday that the Centers for Disease Control and Prevention’s conditional sailing orders on the cruise industry…

Here are the companies rushing workers back to the office — and the ones that aren’t

June 19, 2021 8:30 AM CNN

It’s been 15 long months since millions of workers left their offices and set up makeshift desks at home. But as Covid-19 cases decline and…

The housing market is on fire. The Fed keeps adding gasoline

June 19, 2021 4:03 AM CNN Newsource

Bidding wars. All-cash offers. Homes selling for $1 million over asking. The housing boom has officially reached the ridiculous stage. Despite…

Dow plummets more than 500 points as volatility returns to stock market

June 18, 2021 3:05 PM CNN Newsource

Are the Wild West days of intense market volatility back on Wall Street? Stocks slid Friday after St. Louis Federal Reserve President James Bullard…

Oat milk is everywhere. Here’s why

June 18, 2021 2:15 PM CNN Newsource

It’s been a big year for America’s oat milk fans — and the companies serving them. In March, Starbucks rolled out the option only to…

3.5 million Black American households have a negative net worth, new study finds

June 18, 2021 2:02 PM CNN Newsource

Editor’s note: An earlier version of this story and headline misstated the findings of the McKinsey study on wealth. It has been updated and…

Dow plummets more than 400 points as volatility returns to stock market

June 18, 2021 12:40 PM CNN Newsource

Are the Wild West days of intense market volatility back on Wall Street? Stocks were sliding Friday morning after St. Louis Federal Reserve President…

3.5 million Black Americans have a negative net worth, new study finds

June 18, 2021 12:32 PM CNN Newsource

An estimated 19% of Black Americans, roughly 3.5 million people, have a negative net worth because of a history of discriminatory policies from the…

Dow plummets nearly 400 points as volatility returns to stock market

June 18, 2021 11:16 AM CNN Newsource

Are the Wild West days of intense market volatility back on Wall Street? Stocks were sliding Friday morning after St. Louis Federal Reserve President…

Grocery stores are excited to charge you higher prices

June 18, 2021 10:52 AM CNN Newsource

You might not be excited about paying higher prices for meat and vegetables, but your grocery store is thrilled. The rising prices for staples like…