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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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Modi and Prabowo seal a deal for Indonesia to acquire India's BrahMos missiles

4:35
India's Prime Minister Narendra Modi and Indonesia’s President Prabowo Subianto have sealed a major defense deal, allowing Jakarta to acquire Indian BrahMos supersonic cruise missiles

US airlines chase profits in premium cabins, deepening a fare class divide on flights

4:35
America’s biggest airlines are expanding their premium cabins and adding more luxury perks to attract high-paying passengers

Polymarket is in a high-stakes race to win back trust as it recommits to US market

4:35
After four years in exile, the prediction market platform Polymarket has begun a well-funded campaign to sell a new version of itself to the American public

How to tackle estate planning basics in 6 steps

4:35
Contemplating your own death or disability isn’t particularly pleasant, but estate planning can bring peace of mind for you and your family

Wall Street mixed early with chip stocks giving up early week gains

4:34
U.S. markets were mixed early as technology stocks gave back a chunk of the gains from their rally on Monday

Congressional committee on China asks Wizards and Capitals owner to cut ties with Alibaba

4:34
The owner of Washington’s NBA and NHL teams received a letter from the chair of the House Select Committee on China asking him to cut ties with Alibaba, the Chinese tech giant that has gone to court to dispute the Pentagon’s designation of the corporat...

Meta plans billions for first AI data center in Canada, largest outside the US

4:34
Facebook and Instagram parent Meta said Wednesday it will invest more than 13 billion Canadian dollars ($9.1 billion) to build its first artificial intelligence data center in Canada and its largest outside the United States

Andreessen, Chetty among leaders of Fed's new task forces evaluating operations

0:45
Venture capitalist Marc Andreessen, economist Raj Chetty and former Bank of England governor Mervyn King are among a slate of names released by the Federal Reserve Thursday that will help develop recommended changes to the central bank’s operations

Africa secures $900 million in new clean cooking commitments

0:45
African countries have secured $900 million in new financial commitments to expand access to clean cooking

Average 30-year US mortgage rate rises to 6.49%, pushing up homebuyers' borrowing costs

0:45
The average long-term U.S. mortgage rate drew closer this week to 6.5%, pushing up borrowing costs for prospective homebuyers

US home prices hit an all-time high as sales slow and mortgage rates rise

0:45
Sales of previously occupied U.S. homes slowed in June, but a key measure of home prices climbed to an all-time high, adding to prospective homebuyers’ affordability challenges

World shares are mixed and oil prices slip after Iran and US launch fresh attacks

0:44
World shares are mixed and oil prices have slipped after conflict escalated in the Middle East, with Iran and the U.S. launching fresh attacks

Keystone Pipeline system's operator agrees to pay a $26.9M penalty over a major Kansas oil spill

9:28
A proposed legal settlement with the U.S. government would require the Keystone Pipeline system’s operator to pay a civil penalty of nearly $27 million over a major oil spill in Kansas in December 2022

Oil prices jump and Asian shares slip as US and Iran carry out airstrikes

9:28
Oil prices have jumped and Asian shares are mostly lower after the U.S. carried out airstrikes and Iran retaliated
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