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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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US won't renew Iranian and Russian oil waivers, Bessent says

0:57
Treasury Secretary Scott Bessent says the U.S. does not plan a third renewal of a waiver allowing the purchase of Russian oil that is currently at sea

US imposes sanctions on a China-based oil refinery and 40 shippers over Iranian oil

20:41
The Trump administration is sanctioning a major China-based oil refinery and about 40 shipping companies

Norfolk Southern's profit fell 27% as it didn't collect big insurance payments for Ohio derailment

24.dubna
Norfolk Southern railroad’s first-quarter profit fell 27% because it didn’t collect big insurance payments related to the East Palestine, Ohio, derailment and its planned merger with Union Pacific added to its costs

US launches sweeping crackdown on Southeast Asia cyberscams and sanctions Cambodian senator

24.dubna
U.S. officials have announced a major crackdown on Southeast Asian cyberscam operations controlled by Chinese transnational organized crime

Pakistan forges ahead with diplomatic efforts to bring Iran and US together for talks

24.dubna
Iran’s top diplomat and Pakistani officials have discussed the ceasefire in the war with the United States and Israel

Chinese foreign minister and Thai prime minister agree to collaborate on fighting cyberscams

24.dubna
Chinese Foreign Minister Wang Yi has met with Thailand’s Prime Minister Anutin Charnvirakul during a visit aimed at strengthening the countries’ strategic partnership and expanding cooperation

South Korean prosecutors deny police request for arrest warrant for BTS pop mogul

24.dubna
South Korean prosecutors have rejected a police request for an arrest warrant for music tycoon Bang Si-Hyuk

Explosion of invasive 'janitor fish' sparks mass removal operation in Indonesia

24.dubna
Authorities in Indonesia’s capital are seeking to remove at least 10 tons of janitor fish from the city’s waterways

Georgia Republican pleads not guilty to wire fraud charge in Ponzi scheme

24.dubna
Federal prosecutors have charged Edwin Brant Frost IV with wire fraud for allegedly running a $156 million Ponzi scheme

At least 17 Somali migrants die after boat capsizes off Algeria

24.dubna
Somalia's ambassador to Algeria says at least 17 Somali migrants have died after their boat capsized in waters between Algeria and Spain

Asian stocks slip, tracking Wall Street losses, and Iran war doubts push oil higher

24.dubna
Shares are mostly lower in Asia, apart from Tokyo, and oil prices have extended gains as talks on ending the war with Iran were stalled

Reclassifying marijuana as a less dangerous drug might only be the first step for Trump

24.dubna
President Donald Trump’s decision to reclassify state-licensed medical marijuana as a less dangerous drug is a boon for the industry

Corpse abuse cases force changes on Colorado's scandal-plagued funeral industry

24.dubna
A former funeral home owner who helped her ex-husband hide nearly 200 decomposing bodies while giving families fake ashes faces sentencing after pleading guilty to corpse abuse
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