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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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29,7 položek/den

Oil prices rise again and Asian stocks retreat on the fragile Iran ceasefire

7:40
Oil prices are rising again and Asian stocks are trading lower on skepticism over a fragile ceasefire between the U.S. and Iran

Skilled sewers in demand as tailors and dressmakers age out, in photos

2:08
Across the U.S., the number of tailors, dressmakers and custom sewing specialists is declining, even as demand for their work is growing. Industry experts say younger shoppers are turning to these professionals to tailor ready-made clothing, refresh thrifted pieces and get more longevity out of their wardrobes. Kil Bae, a longtime tailor in New York, notes that the rise of weight-loss medications…

Asian shares mostly gain while oil prices keep rising

2:08
Trading on Wall Street was subdued and oil prices retreated modestly as Israel and the United States carried out a wave of attacks that killed 25 people in Iran ahead of U.S. President Donald Trump’s deadline for Tehran to reopen the Strait of Hormuz

From digging coal to selling noodles? China’s mining workers face change

2:08
As China runs away from the rest of the world in developing renewable energy, its coal mining industry is facing the prospect of major change

Wireless Festival boss stands by Ye headlining concerts as sponsors pull out

2:08
As sponsors pull out from London’s Wireless Festival over headliner Ye, its organizer is standing by the rapper formerly known as Kanye West

How major US stock indexes fared Wednesday 4/8/2026

23:54
Oil prices plunged below $95 per barrel, and stock markets surged worldwide after President Donald Trump pulled back from his threat of devastating attacks against Iran

Carney attracts a 5th Conservative lawmaker to Canada's Liberal Party

21:38
Canadian Prime Minister Mark Carney has attracted another opposition Conservative lawmaker to the Liberal Party

Brazil's Lula argues for ban on online betting platforms

21:04
Brazil’s President Luiz Inácio Lula da Silva said on Wednesday he favors a national ban on online betting platforms, whose revenues in the South American nation are estimated in more than $4 billion per year, one of the biggest markets in the world

More Federal Reserve officials see possible rate hikes this year, minutes show

21:04
More Federal Reserve policymakers were willing to consider an interest rate hike this year at their March meeting than in January, as higher gas prices stemming from the Iran war threatened to worsen inflation in the coming months

Zeldin tells climate skeptics to 'celebrate vindication' after repeal of baseline climate rule

19:54
The head of the Environmental Protection Agency on Wednesday defended his decision to repeal the legal determination that serves as the basis for federal rules to slow climate change

Mexico’s president weighs fracking to curb reliance on US natural gas

19:54
Mexican President Claudia Sheinbaum has announced plans to tap into unconventional natural gas deposits to reduce reliance on foreign energy

'I'm going there.' Oil drilling fuels a migrant surge in isolated city in Brazil's Amazon

15:50
Exploratory oil drilling off the coast of Brazil's Amazon rainforest are reshaping life in Oiapoque, a small city in the poor state of Amapa that is receiving thousand of migrants looking for work

GM recalling more than 270,000 Chevrolet Malibu vehicles

14:07
General Motors is recalling more than 270,000 Chevrolet Malibu vehicles in the U.S. because the rearview camera screen may display a distorted or blank image
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