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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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U.N. maritime agency pauses plan to evacuate ships through the Strait of Hormuz after vessel attacked

5:26
U.N. maritime agency pauses plan to evacuate ships through the Strait of Hormuz after vessel attacked

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

5:26
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

5:26
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

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

5:26
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

Colombia's vote may reshape the Amazon's future as political winds shift across Latin America

5:26
Abelardo de la Espriella, set to be Colombia’s president, has intensified debate over the future of the Amazon

IRS did better than expected in tax season after slashing staff, watchdog says

5:26
The national taxpayer advocate says the IRS did better than expected in issuing refunds during the 2026 tax season despite massive cuts to its workforce

Saks officially emerges from Chapter 11 bankruptcy with less debt and a new name

2:09
Saks Global, the parent company of Neiman Marcus, Saks Fifth Avenue and Bergdorf Goodman, officially emerged from Chapter 11 bankruptcy Friday with fewer stores, less debt, a more focused strategy to pamper the affluent — and a new name

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

2:09
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

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

2:09
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...

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

2:09
Stocks wavered to a mixed close on Wall Street as losses for several tech giants including Microsoft weighed on the market

Germany carries out raids in sabotage investigation related to former Gazprom unit

2:09
German prosecutors have conducted raids in an investigation into a suspected attempt to disrupt the country's gas supply

Newsom urges a national 'billionaires' tax' while fighting one in California

15:57
California Gov. Gavin Newsom is calling for a national “billionaires' tax” and suggests the U.S. government should own a stake in AI companies

Asian shares plunge as traders sell to lock in profits after recent rallies driven by AI

8:39
Shares have tumbled in Asia, led by heavy losses in Japan and South Korea as traders sold to lock in gains from recent rallies in stocks related to artificial intelligence

Asian shares plunge as traders sell to lock in profits from latest rallies driven by boom in AI related stocks

8:39
Asian shares plunge as traders sell to lock in profits from latest rallies driven by boom in AI related stocks

National pride meets breathable mesh: A look at the design of World Cup uniforms

8:39
In designing the uniforms for this year's World Cup, Nike and other apparel makers sought to channel national pride and maximize comfort
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