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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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133,6 položek/den

Paying for early access to Trump's Truth Social could raise big money - and major ethical issues

16:36
In yet another unprecedented move by America's first billionaire president, Donald Trump may soon be profiting from a new line of business tied to his office: charging access for a first peek at certain posts on his Truth Social platform

US oil firms sign deals with Iraq to develop alternative shipping routes

16:36
U.S. companies have signed roughly $60 billion in agreements and partnerships with the Iraqi government, including deals intended to create alternative routes for shipping oil out of the Persian Gulf

Average 30-year US mortgage rate climbs to 6.55%, highest level in nearly a year

16:36
The average long-term U.S. mortgage rate climbed this week to its highest level in nearly a year, driving up borrowing costs for prospective homebuyers

Trump administration races to rebuild US tariff wall knocked down by Supreme Court

16:36
The U.S. Treasury last year swelled with revenue from President Donald Trump’s double-digit taxes on imports from almost every country on earth

Fairlife pauses US production after cyberattack breached milk brand's systems

13:56
Fairlife is pausing its U.S. production after a ransomware attack breached some of the milk brand's systems

Britain's new prime minister must solve the old riddle of how to reinvigorate a slow-growing economy

12:19
Britain’s new leader, Andy Burnham, is facing the same old problem: How can he kickstart a sluggish economy so that growing companies and increased output generate enough additional revenue to boost defense spending and pay for everything else voters w...

UK leader Burnham gathers his Cabinet after sweeping away Starmer supporters

4:18
New U.K. Prime Minister Andy Burnham has gathered his Cabinet after removing allies of predecessor Keir Starmer from the government

Spanish hotel chain Meliá leaving Cuba over legal, financial hurdles from sanctions

4:18
Meliá, a major Spanish hotel chain, says it will completely shutter its operations in Cuba because of operational and financial difficulties on the Caribbean island nation linked to U.S. sanctions and an energy blockade

Chile's Congress puts President Kast's economic overhaul on track to becoming law

3:15
Chile’s Congress has approved most of a major tax and economic overhaul promoted by President José Antonio Kast

Canada cancels joint bridge-opening event with US after Trump announces tariffs

3:15
A planned joint U.S.-Canada ceremony to celebrate the opening of the Gordie Howe International Bridge has been canceled after President Donald Trump announced new tariffs on Canadian goods

The Gates Foundation met with Epstein about 30 times despite staff concerns, an external review says

19:50
An external review of the Gates Foundation's ties to Jeffrey Epstein has found that staff met more than two dozen times with the disgraced financier
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