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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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18,7 položek/den

Workers organized by a key union rally in Bolivia against scrapping fuel subsidies

4:43
Bolivian miners have marched in downtown La Paz, the country’s capital, and union-organized protesters took to the streets elsewhere on the first day of a strike over the government’s scrapping of fuel subsidies that have been blamed for contributing t...

Pakistani consortium acquires 75% stake in PIA in major privatization move

1:27
A Pakistani investment firm-led consortium has acquired a 75% stake in Pakistan International Airlines

Visa: Sales are up 4.2% for first 7 weeks of the holiday period; pace lags last year

0:54
Consumers increased their spending, particularly on items like gadgets and clothing, for the first seven weeks of the holiday shopping period

Pilot dies in ultralight plane crash off Copacabana beach in Brazil

21:05
Officials in Brazil say that an ultralight plane towing an advertising banner has crashed into the sea off Rio de Janeiro’s Copacabana beach

California drops lawsuit seeking to reinstate federal funding for the state's bullet train

5:09
California has dropped a lawsuit officials filed against the Trump administration over the federal government's withdrawing of $4 billion for the state's long-delayed high-speed rail project

Mercedes-Benz agrees to pay $149.6 million to settle multistate emissions allegations

27.prosince
Mercedes-Benz USA and parent company Daimler AG have agreed to pay $149.6 million to settle allegations the automaker secretly installed devices in hundreds of thousands of vehicles to pass emission tests

World shares are mixed and Japan's yen slips after AI stocks push higher on Wall Street

27.prosince
Shares have opened lower in Europe after gains in Asia that tracked a Wall Street rally led by AI-related stocks

Photos show mock funeral for the penny at Lincoln Memorial

27.prosince
A mock funeral for the penny, which was discontinued earlier this year, was held Saturday in front of the Lincoln Memorial in Washington. This is a photo gallery curated by AP photo editors.

Smile and spritz three times: What I learned working at a Macy's perfume counter

27.prosince
December is a big month for fragrance sales in the U.S. Market research firm Circana says one-quarter of annual sales of high-end perfumes, colognes and other scented beauty products happen then

WSJ's parent firm on trial in Hong Kong, accused of dismissing reporter over union role

27.prosince
A former Hong Kong reporter at the Wall Street Journal has begun testifying against the newspaper which she alleges terminated her due to her union activities in a trial Monday

Department stores try to distinguish themselves as beauty lovers turn to TikTok and Amazon

27.prosince
Competition among retailers for a slice of the $129 billion U.S. beauty and personal care market is fiercer than ever due to the ease of e-commerce and the advice shoppers seek on social media instead of in stores

Colombia will use drones to destroy coca crops

27.prosince
Colombia says it will use drones to resume spraying of coca crops with a weed killer as authorities grapple with record levels of cocaine production that have fueled tensions with the Trump administration

More thrifting and fewer returns, the early trends that defined shopping this holiday

26.prosince
The shopping rush leading up to Christmas is over and in its place, like every year, another has begun as millions of people hunt for post-holiday deals and get in line to return gifts that didn’t fit, or didn’t hit quite right
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