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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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European soccer body UEFA ties financial future to US agency Relevent in 2nd rights sales deal

1:03
European soccer body UEFA has tied more of its financial future to U.S. marketing agency Relevent by signing a national-team competitions exclusive sales deal from 2028 to 2036

IMF raises its forecast for world growth this year but warns of risks from AI boom and debt

1:03
The International Monetary Fund has slightly upgraded its outlook for the world economy for this year, but it's forecasting growth at a still sluggish 3.1%

What to know about the Nord Stream pipeline explosions trial opening in Germany this week

1:03
A former Ukrainian army officer is going on trial in Germany over undersea explosions that damaged the Nord Stream gas pipelines between Russia and Germany four years ago

Kroger to lay off 3K corporate employees over 3 years as it leans into AI

1:02
Grocery store chain Kroger says it will lay off 3,000 corporate employees over the next three years as it ramps up its use of artificial intelligence to streamline operations

US home sales rose in September, but slowed from a year earlier

1:02
Sales of previously occupied U.S. homes rose in September from the previous month, but slowed compared to a year ago, the latest sign the housing market remains stalled as rising mortgage rates and home prices discourage prospective homebuyers

Ethiopia sets up Tigray caretaker government as ex-fighters seek return to civilian life

20:49
Ethiopia's government has set up a six-month caretaker administration for Tigray following renewed fighting in the region

Commercial goods are no longer entering Gaza, raising fears of worsening shortages in the territory

8:03
No commercial goods are entering the Gaza Strip, Israeli authorities said, attributing the suspension to local vendors they said are fed up with Hamas raising taxes on them

Canada’s Prime Minister Mark Carney says Alberta separation vote comes at ‘worst time’

15.října
Canadian Prime Minister Mark Carney campaigned for national unity in oil-rich Alberta as advance voting was underway in a referendum that could set the province on a path toward a future vote on separation from Canada

Trump administration advances plan for peptide drugs favored by RFK Jr.

15.října
Federal health officials are moving ahead with plans to broaden access to a class of unproven injectable drugs called peptides

New Medicare season begins, but some shifts will arrive in 2027

15.října
Open enrollment for Medicare plans begins Thursday, allowing people to choose between traditional Medicare and Medicare Advantage plans until Dec. 7

US consumers are muscling through higher prices, but for how long?

15.října
High gas prices are intensifying inflation and vacuuming up more of Americans’ dollars, yet consumers are still digging deep to spend, powering the economy, at least for now

Average long-term US mortgage rate holds at 7.4%, remaining at highest level in nearly 3 years

15.října
Mortgage rates held steady this week, keeping the average long-term U.S. home loan rate at its highest level in nearly three years
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