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ABCNews.com

Popis:

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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124,4 položek/den

Cuba loosens control of private sector in struggle with mounting humanitarian crisis

13:19
Cuba has loosened restrictions on private businesses to allow imports of foreign goods and medicines, a sector firmly controlled by the Communist-led government

Microsoft beats Wall Street expectations with $90B in revenue

13:19
Microsoft has posted strong quarterly earnings, surpassing expectations with significant growth in its cloud computing platform and a boost in paid AI users

Starbucks reports strong quarterly sales and raises annual outlook

13:19
Starbucks shares have soared after the coffee giant reported better-than-expected quarterly revenue and profit

Meta shares drop as Q2 profit declines due to legal expenses and severance costs

13:19
Meta Platforms says its second-quarter profit declined even as revenue beat Wall Street’s expectations, as legal expenses and severance costs for recent layoffs weighed on its results

Copenhagen’s famed Noma restaurant to reopen without founder Redzepi at helm

13:19
Denmark’s iconic Noma restaurant is reopening on August 5 without its founder, René Redzepi, at the helm

Wisconsin's appeals court overturns ruling that had restored collective bargaining power

13:19
Wisconsin public worker and teachers unions have suffered a legal setback as they seek to regain the collective bargaining rights they lost 15 years ago

US markets mixed ahead of Fed decision and oil prices jump as Middle East violence flares

13:19
Markets on Wall Street were mixed before the opening bell and oil prices jumped more than 4% after Jordan and the U.S. knocked down another Iranian barrage launched against American forces in the Middle East

South Korea’s Kospi index jumps more than 16% on a surge of chipmaking stocks

8:30
South Korea’s Kospi index has jumped more than 16% as artificial intelligence-related stocks bounced back after losses earlier this week

South Korea’s Kospi index jumps more than 13%, tracking Wall Street gains, on a surge of chipmaking stocks

8:30
South Korea’s Kospi index jumps more than 13%, tracking Wall Street gains, on a surge of chipmaking stocks

Amazon to boost spending on AI and other technology by $20 billion after strong Q2 results

8:30
Amazon said it will be increasing this year’s capital spending on technology, mostly artificial intelligence, by an additional 10% after the tech and e-commerce giant delivered strong profits and net sales during for fiscal second quarter, helped by su...

China’s factory activity unexpectedly slips into contraction in July

6:55
An official survey shows China's factory activity slowed in July, the first time it has contracted in in five months

Oil companies are expected to reap big profits because of US-Iran conflict

6:23
Analysts are expecting major oil companies to report large profits while fighting between Iran and the U.S. impeded petroleum shipments

WestJet flight attendants threaten to strike during long August weekend in Canada

0:31
Flight attendants at WestJet, Canada's second-largest airline, have threatened to strike over unpaid work

Probe cites history of overweight flights, inadequate oversight in deadly crash

0:31
Federal investigators report that a commuter plane crash off Alaska last year, which killed all 10 people on board, involved an operator with a history of overweight flights
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