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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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104,6 položek/den

Kia launches new recall for 463,000 Telluride SUVs due to fire risk, urges owners to park outside

14:53
Kia America has issued a new recall for nearly 463,000 of its Telluride SUVs, urging owners to again park their vehicles outside and away from buildings after several customers reported fires following previous repairs

Canada's Carney defends his visit to Saudi Arabia and slams criticism from afar

14:53
Canadian Prime Minister Mark Carney is defending his decision to visit Saudi Arabia despite its poor human rights record

Ex-Epoch Times CFO pleads guilty in $67M multinational money laundering scheme

14:53
The former chief financial officer of The Epoch Times, a conservative multinational media company, interrupted jury selection at his money laundering trial to plead guilty to conspiracy

Andreessen, Chetty among leaders of Fed's new task forces evaluating operations

14:53
Venture capitalist Marc Andreessen, economist Raj Chetty and former Bank of England governor Mervyn King are among a slate of names released by the Federal Reserve Thursday that will help develop recommended changes to the central bank’s operations

LA uses World Cup to show off upgraded public transit and test plans to hold car-free Olympics

14:53
Los Angeles officials have urged fans to chose public transit over driving during the 2026 FIFA World Cup

Africa secures $900 million in new clean cooking commitments

14:53
African countries have secured $900 million in new financial commitments to expand access to clean cooking

New York sues 3M, DuPont and other companies over so-called forever chemicals

14:53
New York’s attorney general is suing several large chemical and agricultural companies, alleging they knowingly sold harmful so-called forever chemicals used in cosmetics, non-stick cookware and other products

JPMorgan Chase profit hits $16.9 billion in the second quarter, boosted again by market volatility

13:49
JPMorgan Chase said Tuesday that it earned $16.9 billion in the second quarter as its equities trading division again took advantage of market volatility triggered by the war in Iran

Oil prices jump as fighting flares in the Middle East, while AI-led retreat pulls Asian stocks lower

7:52
Oil prices are higher and Asian shares have fallen, dragged lower by losses for artificial-intelligence stocks

Falling gas prices likely cut inflation last month

6:47
Inflation likely cooled last month as gas prices declined, providing consumers with some welcome relief even as renewed combat with Iran has sent oil prices climbing again

China's exports surge 27% from a year earlier as AI boom drives strong demand

6:47
China’s customs agency says its exports accelerated in June, jumping 27% from a year earlier, driven by strong demand due to the boom in artificial intelligence
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