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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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123 položek/den

Hong Kong seeks input on its first 5-year plan in an echo of mainland China's playbook

5:28
Hong Kong has launched a public consultation for its first five-year plan in a politically symbolic step that brings it closer to mainland China’s development approach

California labor union offers to scale back billionaire tax proposal after pushback

4:20
A California labor union is offering to scale back a proposal to temporarily increase taxes on billionaires

Vance delays trip to Switzerland to lead new US talks with Iran on its nuclear program

4:20
The White House says Vice President JD Vance is delaying a trip to Switzerland to lead a new round of negotiations with Iran over its nuclear program — raising questions about what’s next for the tentative agreement to end the war

DOJ seeks to dismiss air pollution lawsuit against xAI data center

1:34
The Trump administration is helping one of Elon Musk’s companies fight a civil rights lawsuit that alleges it is illegally running dozens of natural gas turbines to power a $20 billion data center in Mississippi

Bank of Japan raises its key interest rate to a three-decade high of 1%, citing inflation

1:34
The Bank of Japan has raised its benchmark interest rate to 1%, citing challenges stemming from a weak Japanese yen and higher prices

What to know about Cuba's economic measures aimed at opening up the island's economy

1:01
Cuba’s Communist Party has approved an emergency economic package featuring unprecedented free-market measures to open up the struggling island’s economy

U.S. filings for unemployment benefits fall to 226,000 as layoffs remain low

15:21
The number of Americans applying for jobless aid fell modestly last week as layoffs remained in the same historically low range of recent years

Qantas plans a 22-hour London-Sydney nonstop flight, set for October next year

14:12
Qantas Airways plans to launch the world’s longest direct flight next year, a service of up to 22 hours nonstop between London and Sydney

Slovakia’s government faces confidence vote as debt exceeds constitutional limit

13:03
The Slovak government faces a parliamentary confidence vote after the country's debt exceeded constitutional fiscal limits

Points of Light to unveil new strategy that it hopes will ignite a volunteerism boom

13:03
Points of Light plans to unveil a strategy to boost volunteerism in the U.S. next week at its annual conference

Putin hosts leaders of Southeast Asian nations, seeking to boost their business ties

13:03
Russians President Vladimir Putin hosted leaders of the Association of Southeast Asian Nations, seeking to bolster business and other ties with members of the regional bloc

How major US stock indexes fared Wednesday 6/17/2026

17.června
U.S. stocks dropped on speculation the Federal Reserve may raise interest rates this year to keep a lid on inflation
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