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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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126,9 položek/den

Citing fallout from Iran war, World Bank cuts forecast for global economic growth

16:20
The economic fallout from the Iran war — higher energy prices and increased uncertainty — will drag down global growth this year, the World Bank said Thursday

Ads in New York must now label AI-generated 'synthetic performers'

15:48
New York has implemented a law requiring advertisements featuring AI-generated people to clearly label them as “synthetic performers.”

FDA OKs first new sunscreen ingredient in more than 25 years

15:48
Federal health regulators have signed off on the first new sunscreen ingredient for the U.S. market in more than 25 years

Social Security’s retirement trust fund faces funding shortfall earlier than expected

15:48
Social Security’s retirement trust fund is projected to face a funding shortfall in 2032, a year earlier than previously expected

US producer prices rose 6.5% on higher energy prices, largest yearly jump since 2022

15:15
U.S. producer prices climbed last month at the fastest pace since November 2022, fueled by surging energy prices

US jobless aid filings rise to 229,000 last week, remain historically low despite war

15:15
U.S. applications for jobless aid rose modestly last week, but remain at a historically low level despite economic headwinds brought on by the war in Iran

Europe's central bank raises rates to fight inflation, the Fed to decide next week

15:15
The European Central Bank on Thursday became the first major central bank to raise interest rates in response to the Iran war

Elon Musk's SpaceX is about to make its debut on Wall Street. What to know

13:39
Elon Musk’s rocket company SpaceX will make its debut on Wall Street Friday and both institutional and retail investors are expected to gobble up the 555.6 million shares going up for sale at $135 apiece

Trump has a new, surprising take on the higher cost of living: 'I love the inflation'

9:51
President Donald Trump has a surprising take on a new report that shows inflation spiking to its highest level in three years

US launches a second day of strikes on Iran and Iran fires back at the Gulf states and Jordan

9:51
The United States has launched a second round of airstrikes on Iran and Iran has fired back at Gulf Arab states after President Donald Trump warned that Tehran would “pay the price” for stalled negotiations

Still thinking about World Cup tickets? Here's where prices, availability stand

2:55
The World Cup starts Thursday, and FIFA is charging record prices at the 11 stadiums in the United States, three in Mexico and two in Canada

Saudi Arabia lifts 5-year ban on Lebanese imports, marking thaw in Gulf-Lebanon ties

1:51
Saudi Arabia has ended its five-year ban on Lebanese imports, a significant move to rebuild relations between Lebanon and Gulf countries
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