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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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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 ...

Apple expected to unveil new AI features at last developers conference

14:10
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

14:10
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

14:10
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

14:10
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

14:10
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

14:10
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

14:10
The average long-term U.S. mortgage rate eased this week from its highest level in nine months, welcome relief for prospective homebuyers

American Airlines temporarily suspends some of its summer routes due to steep jet fuel costs

14:10
American Airlines is temporarily suspending some routes this summer due to steep jet fuel costs amid the war with Iran

Supreme Court upholds broad reading of SEC authority to recoup gains in fraud cases

14:09
The Supreme Court has upheld a broad reading of the authority of the Securities and Exchange Commission to recoup ill-gotten gains from people who engage in securities fraud

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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