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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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99,7 položek/den

European soccer body UEFA ties financial future to US agency Relevent in 2nd rights sales deal

16:26
European soccer body UEFA has tied more of its financial future to U.S. marketing agency Relevent by signing a national-team competitions exclusive sales deal from 2028 to 2036

IMF raises its forecast for world growth this year but warns of risks from AI boom and debt

16:26
The International Monetary Fund has slightly upgraded its outlook for the world economy for this year, but it's forecasting growth at a still sluggish 3.1%

Roller coaster rider's death puts spotlight on the safety of ever more thrilling rides

16:26
A man's death on a Six Flags roller coaster in Georgia has raised questions about ride safety and regulation

What to know about the Nord Stream pipeline explosions trial opening in Germany this week

16:26
A former Ukrainian army officer is going on trial in Germany over undersea explosions that damaged the Nord Stream gas pipelines between Russia and Germany four years ago

Kroger to lay off 3K corporate employees over 3 years as it leans into AI

16:25
Grocery store chain Kroger says it will lay off 3,000 corporate employees over the next three years as it ramps up its use of artificial intelligence to streamline operations

US home sales rose in September, but slowed from a year earlier

16:25
Sales of previously occupied U.S. homes rose in September from the previous month, but slowed compared to a year ago, the latest sign the housing market remains stalled as rising mortgage rates and home prices discourage prospective homebuyers

Turkish authorities raid TV channel as press freedom groups warn of a crackdown

16:25
Authorities have raided Halk TV, one of Turkey's few independent broadcasters, and appointed a trustee manager as part of a corruption investigation

Saudi Ministry of Energy reports limited fire in building at Aramco compound targeted in attack

16:25
The Saudi Ministry of Energy says a limited fire broke out in an administrative building in Aramco, one of the world’s largest oil facilities, that was targeted in the country's Eastern Province

Consumer apprehension grows as US retailers adopt AI-assisted pricing tools

9:27
U.S. consumers are uneasy about the increasingly high-tech ways that restaurant chains and major retailers are setting prices

China's economy accelerates on robust exports as domestic weakness persists

5:45
China says its economy grew 4.5% for the July-September quarter from a year ago, moving closer to meeting its official annual growth target as the year nears its end
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