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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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Skyrocketing diesel prices rattle Republicans as midterms approach

11:28
Diesel prices are hitting record highs as the Middle East conflict intensifies, affecting American farmers and rural residents

How major US stock indexes fared Wednesday 9/23/2026

11:28
Pressure from the U.S. bond market hit a new level on Wall Street after a surprisingly strong report on the economy raised worries about inflation, while oil prices halted their slide

McDonald's plans $8.5 billion modernization by 2036

11:28
McDonald’s said Wednesday it will spend $8.5 billion over the next decade to modernize its restaurants globally

Gap partners with boy band Just Your Type in multiyear partnership

11:28
The Gap, a clothing brand that has featured everything from swing-and-jump blues to hip-hop and rap in commercials, is now tapping into the boy-band business

Bill Clinton calls on leaders to fill gaps left by 'retreating governments'

11:28
Former President Bill Clinton opened this year’s Clinton Global Initiative conference, calling on attendees to promise to “step into the void created by retreating governments” following cuts by the United States and other nations to foreign assistance

Pope Leo XIV affirms need for media when asked about Trump ban at White House

10:56
Pope Leo XIV told reporters they were welcome to cover him as he responded a question about the Trump administration’s attempt to bar U.S. media from the White House by affirming the importance of journalists covering public figures

Poland halted asylum claims at the Belarus border and now wants Europe to follow its example

8:48
Poland stopped registering asylum applications from migrants entering from Belarus in March 2025, calling it a temporary emergency measure

Europe uses subsidies, taxes and policy pauses to offset pain of high fuel prices

8:48
Governments across Europe are using subsidies, taxes, and policy changes to help their economies, companies and aggrieved citizens weather an energy crisis caused by wars in Ukraine and the Middle East

Asian shares are mixed after global bond sell-off and drop in oil prices

8:48
Asian shares are mixed following another bond sell-off that has brought U.S. Treasury yields to their highest in years

New firefighting fund launches but funding gap remains as wildfires worsen worldwide

8:48
A new $100 million philanthropic fund for wildfire prevention in South America, home to the Amazon rainforest, is being launched during New York Climate Week, as fires race across the Amazon

Board of Peace has met with UNRWA despite saying it has no Gaza role, agency's ex-chief says

8:16
The U.S.-created Board of Peace has said the U.N. agency for Palestinian refugees has no place in Gaza

Argentina’s poverty rate rises above 30% under President Milei, reversing recent decline

23:45
Argentina’s poverty rate rose sharply in the first half of 2026, marking the first significant setback after more than a year of declines under President Javier Milei

How major US stock indexes fared Thursday 9/24/2026

23:13
Stocks on a suddenly shaky Wall Street ended the day roughly back where they started after whipping through a couple reversals

Why bond yields are rising and why everyone should care

23:13
Nearly everyone will feel the impact of what’s going on in the bond market, no matter how far away and abstract it may seem

Mortgage rates climb for 5th straight week, pushing average rate on a 30-year home loan above 7%

18:22
The average long-term U.S. mortgage rate rose this week above 7% for the first time since January 2025, the latest affordability setback for prospective homebuyers following a five-week run of rate increases
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