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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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House gives final approval to bipartisan housing bill aimed at lowering costs

1:29
The House has given final approval to a broad bipartisan bill aimed at lowering the cost of housing, with lawmakers in both parties eager to show progress on affordability issues ahead of this year’s midterm elections

Trains halted across Germany because of communication system problem

1:29
A problem with a communications system forced Germany’s railway system to halt all trains, leaving passengers stranded across the country

How major US stock indexes fared Thursday 6/25/2026

0:56
The U.S. stock market drifted to a mixed close after several AI stocks veered back up the roller coaster, while Apple shares dropped after hiking prices on many of its products

JPMorgan Chase promotes Petno, Rohrbaugh to copresidents, setting up two more successors for Dimon

23:15
JPMorgan Chase promotes Doug Petno and Troy Rohrbaugh to copresidents, positioning them as potential successors to the bank's longtime CEO Jamie Dimon

Hundreds arrested as Kenyans mark the anniversary of deadly protests in 2024

20:24
Police in Kenya have detained hundreds of people and fired tear gas as families of those killed in anti-government protests two years ago marched to Parliament demanding compensation and justice

Average 30-year US mortgage rate rises to 6.49%

19:49
The average long-term U.S. mortgage rate edged higher this week, staying close to 6.5%, where it’s been the last six weeks

JPMorgan Chase plans to expand Community Center program, doubling branches in low-income areas

17:30
JPMorgan Chase plans to double its "Community Center" branches that focus on low-income neighborhoods

Key inflation gauge jumps to 3-year high in latest sign of affordability challenges

15:10
The Federal Reserve’s preferred inflation gauge rose to a new three-year high in May as gas prices peaked, a sign rising costs could pose political problems for President Trump as midterm elections near

US jobless aid filings fell to 215,000 last week as layoffs remain low

15:10
Fewer Americans applied for jobless aid last week as layoffs remain low despite economic headwinds that are creating uncertainty for businesses

As temperatures soar, Paris court set to rule on landmark climate change case

11:46
A court in Paris is set to rule on a landmark climate change case that could see energy giant TotalEnergies forced to reduce its oil and gas production, a day after France hit record high temperatures

Oil tanker navigates Strait of Hormuz despite threats from Iran's Revolutionary Guard

8:59
A Liberian oil tanker has navigated the Strait of Hormuz, using a new route close to Oman's shores that has been promoted by the Arab country and a U.N. maritime agency

Court filing reveals President Trump spoke to Live Nation CEO before antitrust case was settled

8:59
Live Nation lawyers have revealed that President Donald Trump spoke personally with the chief executive of Live Nation in the weeks before the Justice Department abruptly settled its longstanding antitrust lawsuit against the entertainment giant and it...

Snap sued over rape of minor who connected to adult attacker on Snapchat

2:58
The parents of a girl who was raped when she was 12 years old by an adult stranger she met on Snapchat have sued its parent company and the attacker in Missouri state court

How major US stock indexes fared Wednesday 6/24/2026

25.června
Stocks wavered to a mixed close on Wall Street as losses for several tech giants including Microsoft weighed on the market
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