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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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129,8 položek/den

Stocks rise on Wall Street while crude oil prices fall for the first time in a week

21:52
Stocks are rising on Wall Street and oil prices are falling for the first time in a week, even as heavy fighting in the Middle East again threatened to slow the global flow of oil

The Gates Foundation met with Epstein about 30 times despite staff concerns, an external review says

21:20
An external review of the Gates Foundation's ties to Jeffrey Epstein has found that staff met more than two dozen times with the disgraced financier

Need backup power? Automakers want you to look no further than your driveway

21:20
Texas resident Kenneth Kovar has a home energy setup from Ford, in which drivers of certain popular F-150 models can plug their vehicle directly into their electric meter to power their home during an outage

Prime Minister Carney says Canada is ready to respond to new Trump tariffs

21:20
Canadian Prime Minister Mark Carney says Canada will continue to negotiate a new trade deal with the U.S., but the country is willing to respond should new threatened tariffs come into effect

Google's Q2 earnings of $112.11B beat Wall Street's expectations on AI boom

21:20
Google parent company Alphabet Inc. posted stronger-than-expected results for its second quarter, a sign that it’s massive artificial intelligence spending spree is paying off so far

Drivers endure overnight gas lines as a war-driven fuel shortage grips Iraq's Kurdish region

18:08
A fuel crisis has hit Iraq's Kurdish region, leaving drivers in Irbil waiting for hours, some overnight, to buy gasoline

Azerbaijan court convicts 9 journalists and activists in a case seen as an attack on media freedom

17:36
An Azerbaijan court has convicted nine journalists and founders of a top independent news outlet on financial crime charges and sentenced them to prison

Will tough talk be enough? Fed Chair Warsh faces pressure to combat inflation

17:05
The Federal Reserve is expected to keep its key interest rate unchanged when it meets Wednesday, but chair Kevin Warsh is under increasing pressure to hike rates soon, a move that could provoke ire from President Donald Trump, who appointed him

Americans' confidence in US economy fell this month as Iran conflict sent gas prices back up

16:33
Americans’ confidence in the economy fell this month as gas prices resumed their climb after the U.S. and Iran stepped up their fighting

Johnson & Johnson proposes $5.5 billion talc settlement to end marathon legal fight

15:29
Johnson & Johnson has agreed to pay $5.5 billion to tie up remaining lawsuits that claim its talc products caused ovarian cancer

Mediators see progress in efforts to halt Iran war as drone attacks rattle region

8:01
Mediators have made progress in efforts to bring the United States and Iran back to negotiations and prevent an all-out war in the Middle East

AI ‘tokenmaxxing’ fades as workplaces look to cut tech spending

6:25
A corporate fad of “tokenmaxxing” on artificial intelligence technology is hitting its limits as workplaces throwing AI at everything are seeing the costs rise without a similar spike in productivity

South Korea’s Kospi index sinks more than 9% on heavy selling of chipmaking stocks

6:25
South Korea's Kospi index has plunged over 9% on heavy selling of chipmaking stocks that have gyrated recently due to concerns over the sustainability of the boom in artificial intelligence
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