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abcnews

1644 Results / Page 1 of 183

Background
will-ai-ever-make-big-profits?-experts-weigh-in-as-bubble-fears-loom

Business News

Will AI ever make big profits? Experts weigh in as bubble fears loom

(NEW YORK) -- Fears of an artificial intelligence bubble have rattled the stock market in recent weeks and set off concern among critics about a wider risk to the U.S. economy.A surge of AI spending accounted for roughly two-thirds of gross domestic product growth over the first half of 2025, JPMorgan Asset Management found, outpacing the contribution made by hundreds of millions of U.S. consumers. Many of the nation’s largest […]

todayNovember 28, 2025

how-snow-and-rain-could-hamper-post-thanksgiving-travel-for-millions

National News

How snow and rain could hamper post-Thanksgiving travel for millions

(NEW YORK) --Traveling after Thanksgiving may be a bit more turbulent than the days leading up to the holiday, with a cross-country storm forecast to bring widespread rain and snow to millions of Americans Friday through Sunday.Here is a look at the weather forecast for Black Friday and this weekend:FridayOn Friday afternoon, a new cross-country storm system will bring messy weather for millions of Americans who may be traveling from […]

todayNovember 28, 2025

dc-national-guard-shooting-suspect-to-be-charged-with-first-degree-murder,-pirro-says

National News

DC National Guard shooting suspect to be charged with first-degree murder, Pirro says

(WASHINGTON) -- The suspect in the "targeted" shooting of two National Guardsmen in Washington, D.C., will now face charges upgraded to first-degree murder after President Donald Trump announced the death of one of the victims late Thursday, U.S. Attorney for the District of Columbia Jeanine Pirro said Friday."There are certainly many more charges to come, but we are upgrading the initial charges of assault to murder in the first degree," […]

todayNovember 28, 2025

black-friday-online-shopping-expected-to-hit-record-high,-data-shows

Business News

Black Friday online shopping expected to hit record high, data shows

(NEW YORK) -- Online shoppers set a record high on Thanksgiving, paving the way for gangbusters performance on Black Friday, Adobe data showed.Digital spending on Thanksgiving jumped 5% from a year earlier, totaling $6.4 billion and exceeding Adobe’s expectations, the firm said.The company also expects Black Friday shoppers to set a new record, outpacing last year's total by more than 8%.Adobe attributed the strong performance on Thanksgiving to better-than-anticipated discounts, […]

todayNovember 28, 2025

social-security-unveils-cost-of-living-adjustment-for-2026-here’s-what-to-know.

Business News

Social Security unveils cost-of-living adjustment for 2026. Here’s what to know.

Stock image of a social security card alongside US dollars. (Tetra Images/STOCK PHOTO/Getty Images) (NEW YORK) -- Social security benefits will rise 2.8% starting in January, amounting to an additional $56 per month for 75 million recipients, the Social Security Administration (SSA) said on Friday.The cost-of-living adjustment for 2026, known as COLA, came in slightly higher than the prior year's hike of 2.5%. Over the past decade, the average COLA […]

todayNovember 28, 2025

inflation-climbs-to-highest-level-since-january,-beef-prices-soar

Business News

Inflation climbs to highest level since January, beef prices soar

(NEW YORK) -- Consumer prices rose 3% in September compared to a year ago, extending a monthslong uptick that has sent inflation to its highest level since January, government data on Friday showed. The reading came in lower than economists' expectations.The fresh data marked a slight increase from a 2.9% year-over-year increase recorded a month prior. An acceleration of price increases over recent months has coincided with a flurry of tariffs issued […]

todayNovember 28, 2025

1-of-2-national-guard-members-wounded-in-‘targeted-shooting’-has-died,-trump-says

National News

1 of 2 National Guard members wounded in ‘targeted shooting’ has died, Trump says

(WASHINGTON) -- Federal officials on Thursday morning revealed more details about the attack that left two National Guard members in critical condition in an apparent "targeted shooting" near the White House.U.S. Attorney Jeanine Pirro, the top federal prosecutor for the nation's capital, identified the two wounded members of the West Virginia National Guard as Sarah Beckstrom, 20, and Andrew Wolfe, 24.The shooting took place around 2:15 p.m. on Wednesday near […]

todayNovember 28, 2025

new-york-jets’-cornerback-kris-boyd-back-in-the-hospital-while-recovering-from-recent-shooting

National News

New York Jets’ cornerback Kris Boyd back in the hospital while recovering from recent shooting

Ishika Samant/Getty Images (NEW YORK) -- New York Jets player Kris Boyd is back in the hospital days after he was released for treatment of a gunshot wound.Boyd, 29, had been released from the hospital after he was shot in Midtown Manhattan on Nov. 16 but returned on Wednesday due to "health issues," he wrote in an Instagram story."Please bare [sic] with me, I haven't been in communication much," Boyd […]

todayNovember 27, 2025

6.0-magnitude-earthquake-strikes-northwest-of-anchorage,-alaska:-usgs

National News

6.0 magnitude earthquake strikes northwest of Anchorage, Alaska: USGS

Education Images/Universal Images Group via Getty Images (SUSITNA, Alaska) -- A 6.0 magnitude earthquake rocked Alaska early Thursday morning, according to the U.S. Geological Survey.The quake struck at 8:11 a.m. local time near Susitna, which is about 30 miles from Anchorage, according to the USGS.A tsunami is not expected to form as a result of the quake, according to the National Tsunami Warning Center.There were no reports of damage or […]

todayNovember 27, 2025

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