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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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Apple expected to unveil new AI features at last developers conference

21:05
Apple is expected to unveil new artificial intelligence features at its annual developers conference beginning Monday, which will be the last one featuring CEO Tim Cook before he turns his post over to John Ternus in September

How major US stock indexes fared Thursday 6/4/2026

21:05
Wall Street rallied after falling oil prices and yields in the bond market eased the pressure on U.S. stocks

Copilot of United jet that struck a light pole realized flight was low, but not in time: report

21:05
Federal investigators have released their initial report on a jet that struck a truck on a highway while landing at a New Jersey airport

Tyco agrees to $10 million settlement with Wisconsin over PFAS water contamination

21:05
The manufacturer of firefighting foam that contaminated the water supply in northeast Wisconsin with PFAS chemicals for decades has agreed to a $10 million settlement with the state

What to know about the New World screwworm fly and its reappearance in the US

21:05
The New World screwworm fly is threatening the $113 billion U.S. cattle industry for the first time in more than a half century

Russian President Vladimir Putin says Russia will strengthen its air defenses to counter Ukrainian attacks

21:05
Russian President Vladimir Putin says Russia will strengthen its air defenses to counter Ukrainian attacks

Average US long-term mortgage rate falls to 6.48%, retreating from its highest level in 9 months

21:05
The average long-term U.S. mortgage rate eased this week from its highest level in nine months, welcome relief for prospective homebuyers

FDA OKs first new sunscreen ingredient in more than 25 years

19:29
Federal health regulators have signed off on the first new sunscreen ingredient for the U.S. market in more than 25 years

Social Security’s retirement trust fund faces funding shortfall earlier than expected

19:29
Social Security’s retirement trust fund is projected to face a funding shortfall in 2032, a year earlier than previously expected

Home sales surge to the fastest pace this year despite rising mortgage rates, prices

17:22
Sales of previously occupied U.S. homes accelerated last month to their fastest pace since December, a sharp turnaround in demand for the housing market after a lackluster start to the spring homebuying season

Proposed $8B transformation of NYC’s Penn Station features Roman-style columns, ornamental design

14:10
Renderings of a dramatically redesigned Pennsylvania Station in New York City have been released by Amtrak and the developers it has selected for the estimated $8 billion project

Analysis: Chinese President Xi's silence on nuclear arms is a gift to North Korea's Kim Jong Un

14:10
Chinese and North Korean state-run media devoted thousands of words to President Xi Jinping’s summit with leader Kim Jong Un in North Korea this week but didn't mention a key matter for Washington: the North’s steadfast pursuit of nuclear weapons that ...

As US Customs refines its tariff refund system, who gets in to apply is under dispute

8:48
A U.S. Customs and Border Protection agency official is set to testify in federal court about the U.S. government’s plans for refunding billions of dollars in tariffs that the Supreme Court ruled President Donald Trump imposed illegally

Asian shares mostly advance as tech stocks rebound from sell-offs, while oil prices slip

8:48
Asian shares are mostly higher, with tech shares leading gains after Wall Street recovered some of its sell-off from last week
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