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ABCNews.com

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Find breaking news and business news on Wall Street, stocks, the economy, banking, interest rates and mortgages, loans and credit cards, mutual funds and retirement and gas prices.

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http://abcnews.go.com/

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Economy

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23,4 položek/den

Citing fallout from the Iran war, IMF cuts the outlook for global growth, expects higher inflation

10:42
The Iran war has stalled the world’s economic momentum this year, likely pushing growth lower compared to 2025, the International Monetary Fund warned Tuesday

Could more cattle cause record beef prices to drop? Ranchers say it's not that simple

8:33
It’s never been so expensive for Americans to buy a steak or hamburger, but cutting those costs requires ranchers to raise more cattle, and that’s not an easy ask

Zelenskyy pursues more arms deals with allies to defend itself against Russia

8:33
Ukrainian President Volodymyr Zelenskyy says his country's top priority is securing help to buy and build more air defense systems

Pakistani army chief visits Tehran in bid to broker renewed talks between US and Iran

7:28
Pakistan’s army chief is set to meet with Iranian officials in Tehran in a bid to ease tensions in the Middle East and arrange a second round of negotiations between the United States and Iran after almost seven weeks of war

Trump to promote tax breaks in Las Vegas

7:28
President Donald Trump heads to Las Vegas to promote the tax cuts he signed into law last year, part of a push to focus on economic issues ahead of this year’s elections

China's economy grows at 5% in first quarter

5:20
China’s economy accelerated in the first quarter of this year, expanding 5% from a year earlier as it largely shrugged off impacts from the Iran war so far

Wall Street futures are flat as US and Iran try to restart talks, but oil ticks higher

2:39
Markets on Wall Street were largely unchanged from a day earlier and oil prices rose modestly Wednesday as mediators moved closer to extending the ceasefire between the United States and Iran and restarting negotiations to salvage the fragile truce

As AI use increases at work, many employees still choose not to use it: Gallup poll

2:39
A new Gallup poll finds that more American workers are experimenting with artificial intelligence in their jobs, but there is a cohort of employees who remain skeptical

New York governor pitches a new tax on pricey pied-à-terres

22:17
For months, New York Gov_ Kathy Hochul has resisted calls to increase taxes on the wealthy, beating back progressives who have hounded her from Manhattan to San Juan bellowing chants of “tax the rich.”

New York City apartment building workers set to vote on whether to go on strike

21:39
Thousands of New York City apartment building doorpersons, superintendents and other workers are set to vote on whether to walk off the job in the coming days

Sudan enters a fourth year of war as officials lament an 'abandoned crisis'

15:37
Sudan is entering a fourth year of war marked by famine and massacres in what the United Nations calls an “abandoned crisis.”
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