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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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Trump says deal to reopen the Strait of Hormuz could come as early as Wednesday

9:15
U.S. President Donald Trump says a deal to reopen the Strait of Hormuz could come as early as Wednesday

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

9:15
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

China reports its exports and imports slowed slightly in July from the month before, while its trade surplus narrowed

8:11
China reports its exports and imports slowed slightly in July from the month before, while its trade surplus narrowed

China's exports slow slightly in July despite robust demand for high-tech products

8:11
China has reported its exports slowed slightly in July from the month before despite strong growth in demand for high-tech electronics and vehicles

Why Mexican avocado exports to the US have once again been stopped

6:03
Mexico has sent 1,500 more troops to Michoacan after the U.S. suspended avocado inspections due to a threat

Carney says US trade talks are 'nasty' after Trump criticizes Canada's leadership

6:03
Canadian Prime Minister Mark Carney says trade negotiations with the United States had turned “nasty” after President Donald Trump derided America’s neighbor and its leadership while threatening to expand tariffs

Brazil police formally accuse 16 people over Voepass plane crash

5:31
Brazil’s federal police have formally accused 16 current and former employees of airline Voepass for the 2024 plane crash that killed 62 people

Meta says its AI model hacked another company, adding to worries about bots

1:46
Meta on Thursday said that one of its artificial intelligence models accessed the internet on its own and hacked another company, the latest in a series of disclosures about AI models going rogue

Trump administration to buy back company's offshore wind leases off 3 states

19:53
An offshore wind company says it's reached a $1.2 billion deal with the Trump administration to walk away from projects under development off New York, California and Louisiana

SpaceX shares rise even as company insiders get chance to sell for the first time

19:53
Stock in Elon Musk’s space company is rising Thursday even as many SpaceX insiders were freed up to sell for the first time

Kellogg says it's removing artificial dyes from cereals by the end of this year

18:48
WK Kellogg said Thursday that it will remove artificial colors from all its cereals by the end of this year

Mortgage rates rise for 5th straight week, hitting levels not seen since 2025

18:48
The average long-term U.S. mortgage rate rose for a fifth consecutive week to its highest level in just over a year, marking the latest strain for prospective homebuyers who are facing steep borrowing costs

Romania rushes to sink 4 barges in the Danube to keep a nuclear power plant's second reactor running

17:44
Romania is racing to sink four barges into the Danube River to redirect water toward a nuclear power plant

In a post-pandemic world, job candidates feel caught between suits and hoodies

17:12
Virtual interviews and casual work environments are making it harder for job candidates to know what to wear to interviews
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