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ABCNews.com

Popis:

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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92,6 položek/den

Kidnappers in Nigeria collected more than $5 million in ransoms in a year, analysts say

5:09
A Lagos-based intelligence group say that kidnappers in Nigeria have collected more than $5 million in ransom payments over the past year

Tech stocks lead Wall Street after Nvidia, Salesforce and others report big profits

5:09
Technology stocks are leading Wall Street after Nvidia, Salesforce and others reported even fatter profits for the spring than analysts expected

South Korean police seek indictments of 7 transport ministry officials over Jeju Air crash

5:09
South Korean police are seeking indictments of seven transport ministry officials over the 2024 Jeju Air crash that killed all but two of the 181 people on board

New Fed chair Warsh under pressure to clarify views on inflation, interest rates

5:09
New Federal Reserve chair Kevin Warsh has brought sharp change in how the central bank communicates by saying much less than his predecessors about the economy and inflation

Army to spend $2B to build nuclear microreactors at 5 bases as US seeks to ramp up nuclear power

5:09
The U.S. Army has announced plans to add nuclear microreactors at five military bases from New York to Texas as a reliable energy source independent of the commercial electric grid

Fed governor Lisa Cook slams Trump's renewed threat to fire her

2:29
Federal Reserve governor Lisa Cook says the Trump administration has no legal basis to remove her from the central bank’s governing board

A look at major lawsuits against Meta and other social media companies over harms to kids

2:29
A settlement announced Wednesday between Meta and dozens of states resolves one of its biggest legal fights, but the social media giant is still facing litigation elsewhere over its products’ effects on young people’s mental health

Lucky Charms and Trix go au naturel as General Mills ditches artificial colors

2:29
General Mills has removed artificial dyes from all its U.S. cereals, including Lucky Charms and Trix

US targets Egyptian bank's UAE branches under new push for Iran's economic isolation

18:29
The Trump administration is limiting an Egyptian bank's operations in the United Arab Emirates and accusing the financial institution of supporting Iran's leadership

Fed Chair Warsh signals rate hikes may be needed with inflation still elevated

16:54
Federal Reserve Chair Kevin Warsh says inflation is still too high and suggested the central bank may have to raise interest rates in the coming months to bring it down, a clearer signal than he has sent before about his economic outlook

Washington chemical tank was called unfit for service before deadly failure, investigators find

16:54
An inspection contractor found a chemical tank at a Washington state paper mill was unfit for service 10 months before its fatal failure in May
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