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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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Ukraine's drone strikes set a gloomy tone for Putin's economic showcase

20:34
A massive black cloud rising above the St. Petersburg skyline from a Ukrainian drone strike set a gloomy tone for the opening of President Vladimir Putin’s annual showcase of Russia’s economic achievements

Wall Street inches to more records thanks to booming AI stocks

20:33
The U.S. stock market inched to more records as winners of the artificial-intelligence boom kept driving higher

As Congo grapples with Ebola, volunteers cook meals to support patients

20:33
A volunteer for the U.N. food agency is providing crucial support In the Ebola outbreak in eastern Congo

Frederiksen set to start a third term as Danish prime minister thanks to firm position on Greenland

20:33
Mette Frederiksen is set to begin a third term as Denmark’s prime minister by leading a center-left coalition of four parties

US sanctions Iran’s largest digital asset exchange Nobitex and 3 others

20:33
The Trump administration has placed sanctions on Iran’s largest digital asset exchange, Nobitex, and three others

FDA OKs first new sunscreen ingredient in more than 25 years

19:29
Federal health regulators have signed off on the first new sunscreen ingredient for the U.S. market in more than 25 years

Social Security’s retirement trust fund faces funding shortfall earlier than expected

19:29
Social Security’s retirement trust fund is projected to face a funding shortfall in 2032, a year earlier than previously expected

Home sales surge to the fastest pace this year despite rising mortgage rates, prices

17:22
Sales of previously occupied U.S. homes accelerated last month to their fastest pace since December, a sharp turnaround in demand for the housing market after a lackluster start to the spring homebuying season

Proposed $8B transformation of NYC’s Penn Station features Roman-style columns, ornamental design

14:10
Renderings of a dramatically redesigned Pennsylvania Station in New York City have been released by Amtrak and the developers it has selected for the estimated $8 billion project

Analysis: Chinese President Xi's silence on nuclear arms is a gift to North Korea's Kim Jong Un

14:10
Chinese and North Korean state-run media devoted thousands of words to President Xi Jinping’s summit with leader Kim Jong Un in North Korea this week but didn't mention a key matter for Washington: the North’s steadfast pursuit of nuclear weapons that ...

As US Customs refines its tariff refund system, who gets in to apply is under dispute

8:48
A U.S. Customs and Border Protection agency official is set to testify in federal court about the U.S. government’s plans for refunding billions of dollars in tariffs that the Supreme Court ruled President Donald Trump imposed illegally

Asian shares mostly advance as tech stocks rebound from sell-offs, while oil prices slip

8:48
Asian shares are mostly higher, with tech shares leading gains after Wall Street recovered some of its sell-off from last week
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