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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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92,6 položek/den

Kidnappers in Nigeria collected more than $5 million in ransoms in a year, analysts say

19:34
A Lagos-based intelligence group say that kidnappers in Nigeria have collected more than $5 million in ransom payments over the past year

Tech stocks lead Wall Street after Nvidia, Salesforce and others report big profits

19:34
Technology stocks are leading Wall Street after Nvidia, Salesforce and others reported even fatter profits for the spring than analysts expected

South Korean police seek indictments of 7 transport ministry officials over Jeju Air crash

19:34
South Korean police are seeking indictments of seven transport ministry officials over the 2024 Jeju Air crash that killed all but two of the 181 people on board

Fed governor Lisa Cook slams Trump's renewed threat to fire her

19:34
Federal Reserve governor Lisa Cook says the Trump administration has no legal basis to remove her from the central bank’s governing board

A look at major lawsuits against Meta and other social media companies over harms to kids

19:34
A settlement announced Wednesday between Meta and dozens of states resolves one of its biggest legal fights, but the social media giant is still facing litigation elsewhere over its products’ effects on young people’s mental health

New Fed chair Warsh under pressure to clarify views on inflation, interest rates

19:34
New Federal Reserve chair Kevin Warsh has brought sharp change in how the central bank communicates by saying much less than his predecessors about the economy and inflation

Army to spend $2B to build nuclear microreactors at 5 bases as US seeks to ramp up nuclear power

19:34
The U.S. Army has announced plans to add nuclear microreactors at five military bases from New York to Texas as a reliable energy source independent of the commercial electric grid

Warsh raises stakes for Fed's next meeting and other takeaways from Jackson Hole conference

16:54
Federal Reserve Chair Kevin Warsh provided his most detailed insights yet on how he views the central bank's fight against inflation in a high-profile speech an at annual economic conference in Jackson Hole Friday

America In Focus: key inflation gauge remains high; Fed's Warsh signals rate hikes may be needed

16:54
An inflation measure closely watched by the Federal Reserve stayed elevated last month in the latest sign that many Americans are still struggling with higher costs

Untested in court, Trump's new tariffs on Canada raise legal questions

15:49
In firing up a trade war with Canada, President Donald Trump turned to a 96-year-old statute so obscure that many trade lawyers didn’t even know it was still on the books

US targets Egyptian bank's UAE branches under new push for Iran's economic isolation

28.srpna
The Trump administration is limiting an Egyptian bank's operations in the United Arab Emirates and accusing the financial institution of supporting Iran's leadership
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