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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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43 položek/den

Asian stocks slip, tracking Wall Street losses, and Iran war doubts push oil higher

8:53
Shares are mostly lower in Asia, apart from Tokyo, and oil prices have extended gains as talks on ending the war with Iran were stalled

Reclassifying marijuana as a less dangerous drug might only be the first step for Trump

8:53
President Donald Trump’s decision to reclassify state-licensed medical marijuana as a less dangerous drug is a boon for the industry

Corpse abuse cases force changes on Colorado's scandal-plagued funeral industry

8:53
A former funeral home owner who helped her ex-husband hide nearly 200 decomposing bodies while giving families fake ashes faces sentencing after pleading guilty to corpse abuse

'Two ways of calculating': Trump defends his mathematically impossible calculations on drug prices

8:53
President Donald Trump, known for popularizing the term "fake news," seems to have shifted focus to a healthy dose of fake math in defending impossibly large cuts to prescription drug prices

Businesses dole out up to $4 million to cross Panama Canal during Strait of Hormuz chokehold

7:50
Businesses have doled out up to $4 million to cross boats through the Panama Canal to dodge ongoing chaos in the Strait of Hormuz, which has created a seismic shift in global trade flows

What to know if your flight is canceled amid rising jet fuel costs

7:18
Airlines around the world are canceling flights as the war in the Middle East squeezes global jet fuel supplies and pushes up prices

Trump administration vows crackdown on Chinese companies 'exploiting' AI models

3:03
The Trump administration is vowing to crack down on foreign tech companies’ exploitation of U.S. artificial intelligence models, singling out China at a time that country is narrowing the gap with the U.S. in the AI race

Trump's 'gold card' visa starting at $1 million granted to just 1 person so far, White House says

3:03
President Donald Trump's “gold card” visa program, which allows foreigners to live and work in the U.S. for at least $1 million, has approved just one person since December, Commerce Secretary Howard Lutnick announced this Thursday

Spirit Airlines says financial aid from the US government would help it keep flying

23:21
A lawyer for Spirit Airlines says the struggling budget carrier is in advanced talks with the U.S. government on a financing deal that would help it emerge from bankruptcy protection

Average US long-term mortgage rate slips to 6.23%, its third weekly drop

18:28
The average long-term U.S. mortgage rate dropped for the third week in a row, easing borrowing costs for prospective homebuyers as the spring homebuying season rolls on

UK and French governments sign a 3-year deal to curb migrant crossings in English Channel

18:27
The U.K. and French governments have signed a new multimillion-euro deal to reduce migrant crossings in the English Channel

Union Pacific profit climbed 5% as it builds the case for its acquisition of rival Norfolk Southern

17:56
Union Pacific delivered 5% higher earnings in the first quarter as the railroad worked to prepare its case to convince regulators that its $85 billion acquisition of eastern rival Norfolk Southern is a good idea

Tanzania postelection inquiry shows 518 people died in last year’s violence

15:47
A commission in Tanzania formed to investigate postelection violence says that at least 518 people died after the October vote

Trump threats against Iran are a boon for prediction markets, including some backed by his son

15:47
President Donald Trump loves to keep people guessing about his next policy moves, a reality TV, cliffhanger governing style that is helping “events” wagering companies, including some backed by one of his sons
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