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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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16,4 položek/den

US stocks edge up toward more records as crude oil prices ease

15:25
The U.S. stock market is ticking toward records after an easing of oil prices let Wall Street turn its focus back to the big profits that companies keep producing

These are Edmunds' top used SUVs under $20,000 for teen drivers

15:25
Parents of teens armed with newly minted driver’s licenses often want their child to drive a safe vehicle

An explosion at a fireworks plant in China kills at least 26 people and injures dozens of others

15:25
Authorities in China say an explosion at a fireworks plant in a central Chinese province has killed at least 26 people and injured 61 others

Romania’s pro-European coalition collapses after prime minister fails no-confidence vote

15:25
Romania’s pro-European coalition has collapsed after lawmakers voted in favor of a no-confidence motion against Prime Minister Ilie Bolojan

Japan's Sony reports declining profit but expects a record for this year

9:00
Japanese electronics and entertainment giant Sony has reported a 3.4% drop in its annual profit but projects a comeback to record profits for the current fiscal year

Sudan was already at war and hungry. Now its farmers are hit by another conflict

9:00
Sudan and its farmers were already struggling after three years of war at home, but now the conflict in the Middle East has disrupted supply chains

Oil tanker arrives in South Korea after passing through the Strait of Hormuz in mid-April

9:00
A South Korean refinery says a tanker carrying 1 million barrels of crude oil arrived off South Korea’s west coast after passing through the Strait of Hormuz in mid-April

Alarmed ASEAN leaders discuss crisis plan to mitigate backlash from Middle East war

9:00
Southeast Asian leaders are meeting under pressure to mitigate the impact on their people and economies of the Iran war, which one top minister says, “should not have occurred in the first place.”

Federal court rules against new global tariffs Trump imposed after loss at the Supreme Court

9:00
A federal court has ruled against the new global tariffs that President Donald Trump imposed after a stinging loss at the Supreme Court

Trump says EU has until July 4 to approve last year’s trade deal or it will face higher tariffs

9:00
President Donald Trump says goods from the European Union will face higher tariff rates if the 27-member bloc fails to approve last year’s trade framework by July 4

U.S. employers likely added a solid 65,000 jobs last month despite uncertainty arising from Iran war

6:53
The Iran war has caused the biggest disruption of global oil supplies in history and sent average U.S. gasoline prices surging past $4.50 a gallon this week

NY to tax luxury 2nd homes in NYC, stops short of hiking income taxes on wealthy

23:57
New York state lawmakers are expected to place a new tax on luxury second homes in New York City, appeasing Mayor Zohran Mamdani and his progressive base as he moves to fund his ambitious agenda on the backs of the rich

Whirlpool has been rattled by rising costs and that now means higher prices for customers

20:14
With the war in Iran and economic concerns putting pressure on consumers and how they spend their money, Whirlpool is having to adjust to Americans delaying big-ticket purchases while also raising prices to help stabilize its North American business

US long-term mortgage rate bounce back to levels seen 4 weeks ago

18:39
The average long-term U.S. mortgage rate rose again this week, reflecting ongoing bond market volatility as surging oil prices due to the war with Iran heighten inflation worries

Cofounder of British fashion brand Superdry sentenced to 8 years in prison for rape

17:03
The cofounder of the British fashion brand Superdry has been sentenced to eight years in prison for raping a woman following a night of drinking
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