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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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133,6 položek/den

Paying for early access to Trump's Truth Social could raise big money - and major ethical issues

18:12
In yet another unprecedented move by America's first billionaire president, Donald Trump may soon be profiting from a new line of business tied to his office: charging access for a first peek at certain posts on his Truth Social platform

US oil firms sign deals with Iraq to develop alternative shipping routes

18:12
U.S. companies have signed roughly $60 billion in agreements and partnerships with the Iraqi government, including deals intended to create alternative routes for shipping oil out of the Persian Gulf

Fairlife pauses US production after cyberattack breached milk brand's systems

18:12
Fairlife is pausing its U.S. production after a ransomware attack breached some of the milk brand's systems

Netflix posts higher Q2 results but shares drop due to lukewarm forecast

18:12
Netflix said Thursday its second-quarter profit grew thanks to new membership signups and price increases

Average 30-year US mortgage rate climbs to 6.55%, highest level in nearly a year

18:12
The average long-term U.S. mortgage rate climbed this week to its highest level in nearly a year, driving up borrowing costs for prospective homebuyers

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

17:40
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

Britain's new prime minister must solve the old riddle of how to reinvigorate a slow-growing economy

12:19
Britain’s new leader, Andy Burnham, is facing the same old problem: How can he kickstart a sluggish economy so that growing companies and increased output generate enough additional revenue to boost defense spending and pay for everything else voters w...

UK leader Burnham gathers his Cabinet after sweeping away Starmer supporters

4:18
New U.K. Prime Minister Andy Burnham has gathered his Cabinet after removing allies of predecessor Keir Starmer from the government

Spanish hotel chain Meliá leaving Cuba over legal, financial hurdles from sanctions

4:18
Meliá, a major Spanish hotel chain, says it will completely shutter its operations in Cuba because of operational and financial difficulties on the Caribbean island nation linked to U.S. sanctions and an energy blockade

Chile's Congress puts President Kast's economic overhaul on track to becoming law

3:15
Chile’s Congress has approved most of a major tax and economic overhaul promoted by President José Antonio Kast

Canada cancels joint bridge-opening event with US after Trump announces tariffs

3:15
A planned joint U.S.-Canada ceremony to celebrate the opening of the Gordie Howe International Bridge has been canceled after President Donald Trump announced new tariffs on Canadian goods
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