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CrowdStrike stock price plummets amid worldwide IT outage

CrowdStrike stock price plummets amid worldwide IT outageYuichiro Chino/Getty Images(NEW YORK) -- The stock price of cybersecurity company CrowdStrike plummeted on Friday amid a global IT outage that has affected clients worldwide.Shares were down 11% at the close of trading on Friday. That performance marked a slight recovery from the morning hours, when the stock price had fallen as much as about 15%. The stock ended the day at its lowest level since May."The issue has been identified, isolated and a fix has been deployed," CrowdStrike CEO George Kurtz said in a post on X.The outage affected CrowdStrike customers who use Windows products, Kurtz added.Shares of Microsoft inched downward on Friday morning but did not experience the sell-off endured by CrowdStrike.The outage hindered services at airlines in   ... Read More

Family says Norwegian will reimburse costs after getting stranded in Alaska during excursion mishap

Family says Norwegian will reimburse costs after getting stranded in Alaska during excursion mishapCourtesy the Gault Family(NEW YORK) -- A cruise vacation through Alaska turned into a travel nightmare for one Oklahoma family who got stranded without their belongings after a mishap with a local excursion caused them to miss their ship's boarding window.The Gault family, including six young kids and a 78-year-old grandmother, are now safely back home from Ketchikan. They had disembarked from the Norwegian Encore on Friday, July 12 to see a lumberjack show that they booked through the cruise line."When you talk about cruise nightmares this is the definition of it," Joshua Gault told Good Morning America of the incident.He said when they tried to get back to the ship, the local tour operator had told them to wait   ... Read More

Crypto is here to stay, but don’t trust its get-rich-quick persona, author says

Crypto is here to stay, but don’t trust its get-rich-quick persona, author saysWe Are/Getty Images(NEW YORK) -- Writer, entrepreneur, and influencer Nathaniel "Nat" Eliason sat down with ABC News to discuss his new book, "Crypto Confidential: Winning and Losing Millions in the New Frontier of Finance."Eliason needed to make money quickly, so he turned to the most promising get-rich-quick opportunity at the time, crypto. By 2022, he was deeply involved in the world of cryptocurrency.As a self-taught programmer, Eliason's journey was a roller-coaster of earning and losing millions of dollars, a testament to his determination and resourcefulness. His new book lays out his learning journey and is a source of inspiration for others.Eliason talked about the good, bad, and ugly in his cryptocurrency journey.ABC NEWS: In 2021, writer and entrepreneur Nat Eliason   ... Read More

Trump’s Truth Social stock soars after assassination attempt

Trump’s Truth Social stock soars after assassination attemptAndrew Brookes/Getty Images, STOCK(NEW YORK) -- Shares of former President Donald Trump's social media platform Truth Social soared in early trading on Monday, extending a rally that began in the immediate aftermath of an assassination attempt two days earlier.In early trading on Monday, shares climbed about 30% to a price of $40. That figure marked the highest level for the stock in more than a month, but shares still stood well below a peak of about $62."The stock serves as a little bit of a proxy for sentiment toward Donald Trump himself," Tyler Richey, an analyst at Sevens Report Research, told ABC News."I think there's a resurgence of people -- your die-hard Trump fans and fair-weather supporters -- who think,   ... Read More

Good American CEO Emma Grede shares her strategies for success

Good American CEO Emma Grede shares her strategies for successEmma Grede attends the FRAME & Amelia Gray dinner at the Chateau Marmont, April 4, 2024, in Los Angeles. -- Stefanie Keenan/Getty Images for FRAME, FILE(NEW YORK) -- Emma Grede, a British entrepreneur and the mastermind behind brands like SKIMS and Good American is sharing her secrets on how she built a successful career.Grede is CEO of Good American, a fashion line on which she partners with Khloé Kardashian, serves as chairperson of the nonprofit 15 Percent Pledge and has also made her mark on ABC's hit series Shark Tank.The 41-year-old businesswoman, also a mentor on and executive producer of Side Hustlers on The Roku Channel, told Good Morning America that one secret to her success is thinking about her   ... Read More

AT&T says hacker stole some data from ‘nearly all’ wireless customers

AT&T says hacker stole some data from ‘nearly all’ wireless customersKarl Tapales/Getty Images(NEW YORK) -- AT&T has announced that the company believes a hacker stole records of calls and texts from nearly all of AT&T’s wireless customers, according to a financial filing from the company.“The data does not contain the content of calls or texts, personal information such as Social Security numbers, dates of birth, or other personally identifiable information,” AT&T said in their statement released early Friday morning. “These records identify the telephone numbers with which an AT&T or MVNO wireless number interacted during these periods, including telephone numbers of AT&T wireline customers and customers of other carriers, counts of those interactions, and aggregate call duration for a day or month.”AT&T says it has taken “additional cybersecurity measures” in   ... Read More

Inflation cooled in June, outperforming economists’ expectations

Inflation cooled in June, outperforming economists’ expectationsKinga Krzeminska/Getty Images(WASHINGTON) -- Consumer prices rose 3.0% in June compared to a year ago, extending a monthslong stretch of progress in the fight to slow price increases. The latest inflation reading outperformed economists' expectations.Inflation has cooled for four consecutive months, reversing a surge in prices that took hold at the outset of 2024.Price increases have slowed significantly from a peak of more than 9%, but inflation remains more than a percentage point higher than the Fed's target rate of 2%.The prices increases last month marked a slowdown from the 3.3% rate recorded in May.Despite the cooldown of prices in recent months, the Federal Reserve has opted to keep its benchmark interest rate highly elevated. The Fed Funds rate remains   ... Read More

Sam’s Club slashes sign-up fee, but consider these Costco perks and savings

Sam’s Club slashes sign-up fee, but consider these Costco perks and savingsIn this Feb. 20, 2021 file photo, people wait for a Sam's Club store to open in Austin, Texas. (Joe Raedle/Getty Images)(NEW YORK) -- Costco's warehouse retail competitor Sam's Club has recently ramped up efforts for customer retention.Both big-box stores are beloved for selling high-quality items at lower price points, which offers shoppers an easy way to buy in bulk and save some money.Now, Sam's Club has slashed its sign-up price to just $25 until the end of August to entice first-time members. The newly dropped rate is more than half off the annual membership of the store's biggest competitor, Costco."By them slashing the price of their membership, especially for new members, this is one way to try to get   ... Read More

McDonald’s unveils new Kit Kat Banana Split McFlurry, more hot menu updates

McDonald’s unveils new Kit Kat Banana Split McFlurry, more hot menu updatesMcDonald's(NEW YORK) -- McDonald's has a new frozen treat on its menu that's perfect for customers looking to beat the heat.On Tuesday, the Golden Arches announced the newest McFlurry flavor hitting McDonald's menus nationwide, Kit Kat Banana Split.The fast food chain said the new dessert is made with a base of vanilla soft serve that's "blended with real banana, strawberry clusters plus chocolatey, crunchy pieces of Kit Kat wafer bars in every bite."The limited time treat is available starting July 10 while supplies last at participating McDonald’s restaurants nationwide.Garlic sauce and more new menu additions at McDonald's this summerOn Monday, McDonald's launched its first-ever garlic sauce in collaboration with a hit anime series for a limited time that will be   ... Read More

TSA sets new single-day record with more than three million travelers at airport security

TSA sets new single-day record with more than three million travelers at airport securityonurdongel/Getty Images(NEW YORK) -- The high volume of travelers in the United States passing through airport security after their Fourth of July getaways helped set a new single-day screening record for the Transportation Security Administration.On Sunday, July 7, TSA officers screened 3,013,413 people at checkpoints nationwide, which surpassed the previous record of 2.99 million set on June 23, 2024, the agency announced Monday.More people flew on an airplane in a single day in the U.S. on Sunday than on any other day in history since TSA was founded in November 2001.Secretary of Homeland Security Alejandro Mayorkas hailed the agency's work as "an extraordinary achievement" in a congratulatory message on Monday."TSA fully, unerringly, and efficiently checked 35 passengers every second, along   ... Read More

How home-swapping has helped travelers save on vacation: What to know about the travel trend

How home-swapping has helped travelers save on vacation: What to know about the travel trendNadija Pavlovic/Getty Images(NEW YORK) -- More travelers are turning away from hotels and short-term rental properties to instead explore the growing trend of home exchanges.If it sounds familiar, you've most likely seen the hit 2006 rom-com The Holiday, where the two leading ladies swap living situations, one leaving her Los Angeles mansion to cozy up in the other's cottage in the Cotswolds, and vice versa.The trend has saved some families thousands of dollars on summer vacations: By switching homes with a friend, or even a vetted stranger, these getaways are a great way to avoid paying a pretty penny on lodging.The current average nightly rate for a hotel in the U.S. this summer is $240, according to the popular travel   ... Read More

What is shoulder season? Experts weigh in with tips to save on airfare, hotels in opposite seasons

What is shoulder season? Experts weigh in with tips to save on airfare, hotels in opposite seasonsCraig Hastings/Getty Images(NEW YORK) -- There's still plenty of time to plan more fun in the sun summer getaways, but if you haven't yet booked travel for shoulder season -- or winter holidays -- experts are sharing why now may be the sweet spot time of year to scope out savings.What is shoulder season? How to save on travel during off-peak monthsJesse Neugarten, founder and CEO of Dollar Flight Club, understands the importance of finding the best offers on airfare and told Good Morning America that travelers can find "significant savings" during shoulder season."It refers to the periods between peak and off-peak travel times when destinations are less crowded and travel costs are generally lower," she said.The upcoming shoulder season   ... Read More

Employment gains continue as economy adds more than 200k jobs

Employment gains continue as economy adds more than 200k jobsKLH49/Getty Images(WASHINGTON) -- The economy appears to be holding steady, with the arrival of the Labor Department's latest jobs report.Employers hired 206,000 workers in June, making for 42 consecutive months of growth, according to new data from the U.S. Bureau of Labor Statistics. Still, the unemployment rate ticked higher to 4.1%, reaching that level for the first time since November 2021.The strongest gains last month, occurred in government as well as the health care, social assistance and construction industries. Copyright © 2024, ABC Audio. All rights reserved.   ... Read More

Boeing agrees in principle to deal with DOJ to plead guilty to misleading FAA during 737 MAX evaluation

Boeing agrees in principle to deal with DOJ to plead guilty to misleading FAA during 737 MAX evaluationScott Olson/Getty Images(FORT WORTH, Texas) -- The Boeing Company has agreed in principle to a deal with the Department of Justice that will include a guilty plea to conspiracy to defraud the U.S. related to the company allegedly misleading the Federal Aviation Administration during the evaluation of the 737 MAX, according to a court filing from the DOJ."We can confirm that we have reached an agreement in principle on terms of a resolution with the Justice Department, subject to the memorialization and approval of specific terms," Boeing said in a statement to ABC News early Monday morning.In addition to the guilty plea, the agreement includes Boeing paying the maximum statutory fine and investing at least $455 million in its compliance   ... Read More

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