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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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105,3 položek/den

George Santos agrees to $35,000 settlement in federal probe over Kalshi trades

12:16
Disgraced former Congressman George Santos has agreed to pay $35,000 to settle a federal investigation into his suspicious trades on the prediction marketplace Kalshi

Puerto Rico authorizes $2 billion coastal luxury development that activists oppose

12:16
Puerto Rico’s government has authorized construction of a $2 billion luxury development in the island’s southwest region that environmentalists have decried, warning it would strain the U.S. territory’s resources and threaten wildlife

Regulators propose overhaul to law governing how banks lend to income communities

12:16
The Trump Administration has announced changes to the Community Reinvestment Act, a law that requires regulators to document how well banks do in lending to low-to-middle income neighborhoods

Tax returns show California's Newsom earning between $1.7M and $2M annually

12:16
California Gov. Gavin Newsom's office has released tax returns showing he and his wife made between $1.7 million and $2 million annually from 2022 through 2024

As progressives seek to take on inequality, some cite religion as a motivating factor

12:16
Michigan Democratic U.S. Senate candidate Abdul El-Sayed says his Muslim faith shapes his progressive views

Immigration crackdown threatens Haitian caregivers and the seniors who rely on them

12:16
A Supreme Court decision allowing the Trump administration to end temporary protected status for hundreds of thousands of Haitians is rippling far beyond immigration courts

Japan's Toyota reports hefty profit on cheap yen and solid car sales

10:08
Toyota is reporting a nearly doubling of profit for the fiscal first quarter as solid demand in the U.S. and India combined with a favorable exchange rate to boost results

Musk likely to face tough questions during SpaceX's first earnings call as a public company

7:59
Investors in Elon Musk’s space company get a chance to question him Tuesday in his first quarterly earnings call since an initial public offering

25 states sue over Trump's new tariffs, calling them 'pretext' to replace his old ones

0:01
Twenty-five states sued the Trump administration Monday over its latest tariffs, calling them a pretext for replacing import taxes the Supreme Court struck down in February

As Blanche's path to confirmation is cleared, Trump's tax audit immunity remains in place

0:01
Acting Attorney General Todd Blanche has rescinded President Donald Trump’s $1.8 billion “anti-weaponization fund” meant for his political allies

Trump bank accounts closed due over possible money laundering concerns: Capital One

21:21
Capital One closed President Donald Trump’s accounts in mid-2021 after flagging financial activity that resembled money laundering

FAA certifies Boeing's new 737 Max 7 jetliner for flight after years of delays

21:21
The Federal Aviation Administration has approved the smallest model of Boeing’s Max jetliners for commercial service

WestJet reaches tentative deal with flight attendants to end strike

14:57
Canada’s second largest airline, WestJet, has agreed to a tentative agreement with flight attendants to end a strike that led to hundreds of flight cancellations and thousands of stranded passengers
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