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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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A drone hit and sank a cargo vessel in new Black Sea attack near Romania, killing 1

10:17
A drone attack has hit and sunk a cargo vessel in the Black Sea, killing one crew member and leaving three missing

Samsung keeps shattering profit records as AI boom lifts chip demand

8:10
Samsung Electronics has reported a record operating profit of $80.5 billion, driven by high demand for computer memory chips used in AI systems

As war strains Kremlin finances, Putin searches for new revenue streams

8:10
With Russia’s invasion of Ukraine intensifying the strain on state finances, President Vladimir Putin is reaching for cash to fund his government and the war, squeezing tax revenue from an economy that’s increasingly skewed toward the military — while ...

Drones strike a container ship off Bulgaria's Black Sea coast and its crew members are rescued

6:34
Three maritime drones have struck a container ship in the Black Sea off Bulgaria's coast, according to the country's defense minister

Carney hosts EU leaders as Trump pushes Canada toward Europe, but membership label faces resistance

6:34
Canadian Prime Minister Mark Carney has called Canada “the most European of non-European countries” early in President Donald Trump’s trade war

FTC orders Walmart, Delta and others to share how they use personal data to set prices and pay

23:08
The U.S. Federal Trade Commission is ordering Delta Air Lines, Walmart and other companies to provide detailed information on how they use consumers’ data when they are setting prices

Struggling burger chain Wendy's gets buyout offer from activist investor Nelson Peltz

15:11
Shares of Wendy’s jumped 15% at the opening bell after noted investor Nelson Peltz made an offer to buy the struggling burger chain

Tech sector rally continues with Fed expected to leave benchmark interest rate alone

13:36
Tech stocks have surged this week ahead of a meeting of the U.S. Federal Reserve with markets anticipating no change to the benchmark U.S. interest rate, at least not yet

US cruise ship ends global voyage due to fuel costs; 200 passengers lose their homes

28.října
A U.S. cruise ship on a residential world voyage has suspended its operations in Cambodia due to fuel costs, forcing hundreds of passengers to abandon their homes

UK Treasury chief faces headwinds as he delivers first budget under new PM Burnham

28.října
British Treasury chief John Healey faces a fine balancing act when he delivers his first budget statement, with the economic backdrop made more difficult as a result of the turmoil caused by the Iran war

Ashes, India series result in record revenue, net surplus for Cricket Australia

28.října
Media rights agreements for the Ashes and a limited-overs series against India have helped Cricket Australia post a record revenue of 601.1 million Australian dollars ($423 million) and a net surplus of A$81.8 million ($57 million)

EPA response to 2023 Ohio train derailment will be investigated by agency watchdog

28.října
The Environmental Protection Agency’s response to the disastrous 2023 East Palestine train derailment will be investigated after dozens of residents of the small town on the Ohio-Pennsylvania and Vice President JD Vance requested the review

Trump plans to loosen restrictions on methane emissions from oil drilling

28.října
President Donald Trump is expected to announce plans to loosen a Biden-era rule that aimed to reduce planet-warming emissions of methane from oil and gas drilling

Portugal’s Parliament debates government spending plans as housing protests swell

27.října
Portugal's Parliament is debating the government's spending plans amid protests over a housing crisis
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