@MaxZahn_

Business and tech reporter @ABC | Formerly @YahooFinance @MONEY @TheIslandNow | Grad @newmarkjschool | Send tips to [email protected]

 Brooklyn, NY
Joined April 2013
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368Media
Professional news: It's my first day as the business and tech reporter on the digital team @ABC. I’ll be writing breaking news and enterprise stories on big tech, inequality, labor, economic trends, and other things. Story tips or Dad jokes welcome at [email protected].
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With @MaxZahn_ : As midterms near, grocery prices remain top of mind for many Americans. @ABC reports from New York’s Hudson Valley: abcnews.com/Politics/midterm…

As midterms near, grocery prices remain top of mind for many Americans

While campaigning in 2024, President Donald Trump promised to lower grocery prices, but many Americans are still having a hard time affording the cost of food.

abcnews.com
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Produced this video for @MorePerfectUS with @chaidingari about the astronomical ticket prices for the 2026 World Cup. We asked... why?? It's a perfect storm between FIFA's practices & the U.S. system. Watch below for an explainer, some fixes... and plenty of Scotland fans ⚽️
More Perfect Union
@MorePerfectUSJun 5
NEW: World Cup tickets cost up to $11.5 million — you could get into the last WC for $11. This time FIFA could rake in $13 billion using dynamic pricing, resales, and lax U.S. rules. We found FIFA President Gianni Infantino funneling that money into keeping himself in power.
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New: Tesla board members, executive sell off over $100 million of stock in recent weeks Includes Elon Musk's brother, who sits on the board and unloaded approximately $27 million worth of shares last month, per filings w/ @MaxZahn_ abcnews.go.com/Business/tesl…

Tesla board members, executive sell off over $100 million of stock in recent weeks

As Tesla stock has fallen in recent weeks, members of the board and an executive at Elon Musk's company have sold off millions of dollars in stock, according to filings.

abcnews.com
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Families of migrants who believe their relatives were deported by ICE say they weren't gang members abcnews.go.com/US/families-m…

Families of migrants who believe their relatives were deported by ICE say they weren't gang members

Family members of two Venezuelan migrants who they believe were among those deported to El Salvador under the Alien Enemies Act say they weren't gang members.

abcnews.com
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Ex-employees say Tom Krause, tapped by Musk to overhaul Treasury, was a 'hatchet man' - @ABC News ⁦@MaxZahn_⁩ abcnews.go.com/Business/empl…

Ex-employees say Tom Krause, tapped by Musk to overhaul Treasury, was a 'hatchet man'

Tom Krause, an Elon Musk ally hired to overhaul the Treasury Department, has a lengthy record of hardline reforms in the private sector, according to some ex-employees.

abcnews.com
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Awesome news
Graciela Mochkofsky@gmochkofsky21 Aug 2024
Proud to announce this new milestone in our campaign to make the @newmarkjschool tuition-free by the end of 2026: more than 2/3 of the Class of 2025 will attend on full scholarships! journalism.cuny.edu/2024/08/…

A New Milestone in Newmark J-School’s Efforts to Become Tuition-Free - Newmark J-School

More than two-thirds of the Class of 2025 will attend on full scholarships.

journalism.cuny.edu
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Harris plans to tackle inflation. Economists say the fight is nearly over. abcnews.go.com/Business/harr… via @MaxZahn_ for @ABCPolitics

Harris plans to tackle inflation. Economists say the fight is nearly over.

Inflation stands below 3% for the first time since 2021.

abcnews.com
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Trump Media stock is plummeting. These shareholders don't care. Story via @PCCharalambous & @MaxZahn_ abcnews.go.com/Business/trum…

Trump Media stock is plummeting. These shareholders don't care

Truth Social shares have fallen more than 40% over the past month, but some shareholders don't care.

abcnews.com
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NEW: At a meeting with the Teamsters, Trump promised the union a “seat at the table” if it were to endorse him, a Teamsters magazine says. Trump also voiced labor-friendly views that contrast with statements he’s made on the campaign trail and actions he took as president.
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Speaking at the Teamsters headquarters in January, Trump described union contracts as an effective means of winning wage gains amid high inflation, the Teamsters magazine says.
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Story here: abcnews.go.com/Business/trum…

Trump voiced labor-friendly views in meeting with Teamsters before union president spoke at RNC

The Teamsters have not endorsed a candidate in the presidential race.

abcnews.com
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Hecklers at Detroit rally yesterday accentuate awkward position of UAW/Shawn Fain. UAW endorsed Harris and Fain spoke at the rally yesterday without mentioning Gaza. But UAW signed onto letter to Biden last month calling on him to "shut off military aid to Israel"
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“The working class has been left behind. I don’t know how you feel, but I’m fucking angry,” UAW President Shawn Fain says at rally in Detroit where Vice President Kamala Harris is set to speak.
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AFL-CIO issues statement strongly supportive of Walz. “By selecting Gov. Tim Walz as her running mate, Kamala Harris chose a principled fighter and labor champion who will stand up for working people and strengthen this historic ticket," @LizShuler says.
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Max Zahn retweeted
Max Zahn@MaxZahn_26 Jul 2024
NEW: Tim Walz has emerged as a popular VP pick among labor unions, sources tell ABC News. Walz has drawn support for his record of pro-labor legislation in a blue-leaning state and his potential appeal with voters in Midwest battlegrounds Wisconsin and Michigan, they said.
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This casts a new light on my story almost two weeks ago about how Walz became a popular choice among labor unions abcnews.go.com/Business/pote…

Potential VP pick Tim Walz emerges as popular candidate among labor unions, sources say

Unions lack a consensus choice, some labor officials said.

abcnews.com
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"The claim is absolutely not true," @ValerieRWilson told ABC News.
Patricio Chile@patjchile2 Aug 2024
Trump is wrong about immigrants taking 'Black jobs,' economists tell @MaxZahn_ abcnews.go.com/Business/trum…

Trump is wrong about immigrants taking 'Black jobs,' economists say

Former President Donald Trump made the inaccurate claim this week.

abcnews.com
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Latest: Disappointing jobs report fuels recession worries and calls for an interest rate cut. "The soft landing in the U.S. labor market is in danger," @nick_bunker said. abcnews.go.com/Business/disa…

Disappointing jobs report fuels recession worries and calls for interest rate cut

The U.S. added 114,000 jobs in July and the unemployment rate rose to 4.3%.

abcnews.com
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Black unemployment rate holds steady, despite weaker-than-expected job report. The stat drew attention this week after Trump renewed his claim that immigrants are taking jobs away from Black workers. Economists widely disagree.
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Some context : Warren and a couple Democratic colleagues sent a letter to Powell earlier this week calling on him to cut interest rates. The central bank decided to leave rates unchanged.
Elizabeth Warren
@SenWarren2 Aug 2024
Fed Chair Powell made a serious mistake not cutting interest rates. He’s been warned over and over again that waiting too long risks driving the economy into a ditch. The jobs data is flashing red. Powell needs to cancel his summer vacation and cut rates now — not wait 6 weeks.
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