Business

965,000 workers filed jobless claims last week

courtneyk/iStockBy ABC News (WASHINGTON) — A total of 965,000 workers filed jobless claims last week, the U.S. Department of Labor said Thursday, an increase of 181,000 from the prior week. The Labor Department also said that more than 18

New York City cancels all contracts with Trump Organization

EarthScapeImageGraphy/iStockBy AARON KATERSKY, ABC News (NEW YORK) — New York City is severing its contracts with President Donald Trump’s eponymous company, a move that could cost the outgoing president millions of dollars in response to his role

Starbucks invests $100M to support BIPOC small business

mattjeacock/iStockBy KELLY MCCARTHY, ABC News (SEATTLE) — Starbucks started a new community resilience fund to help support underserved communities in 12 major cities. The Seattle-based coffee company announced the launch of the Starbucks Community Resilience Fund on

TikTok introduces new protections for teen users

Anatoliy Sizov/iStockBy KELLY MCCARTHY and BECKY WORLEY, ABC News (NEW YORK) — TikTok has unveiled new privacy protections for teens on the popular social media platform. The app which has been behind some of the biggest video, dance