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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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Wall Street ticks up in premarket, oil prices rise as Iran threatens to block energy exports

8:40
Stock indexes were mostly rising in premarket trading on Wall Street Wednesday and oil prices rose modestly after Iran threatened to block Middle East energy exports in retaliation for the U.S. resuming its blockade of Iranian ports

Starmer says his political journey is over at his last question session as UK leader

8:40
Keir Starmer has answered questions from lawmakers in the House of Commons for the last time before leaving the British prime minister's office next week

China says its economy grew 4.3% in the April-July quarter from a year earlier, slowing from the strong 1st quarter

8:40
China says its economy grew 4.3% in the April-July quarter from a year earlier, slowing from the strong 1st quarter

Subaru issues recall for 541,000 SUVs over label with incorrect weight rating

8:40
Subaru of America is recalling over 541,000 Crosstrek, Forester and Ascent vehicles in the U.S. due to an inaccurate label

China's exports surge 27% from a year earlier as AI boom drives strong demand

8:40
China has reported its export picked up pace in June, jumping 27% from a year earlier thanks to strong demand from the boom in artificial intelligence

Falling gas prices likely cut inflation last month

8:40
U.S. inflation cooled last month as the cost of gas, clothes, and used cars fell, providing some relief to consumers, though much of the progress could be reversed if the Iran war keeps worsening

US producer prices drop 0.3% from May to June on lower energy prices, but outlook is cloudy

2:19
U.S. wholesale inflation fell from May to June on plunging energy prices but intensifying hostilities with Iran are clouding the outlook
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