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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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The Bank of England is expected to keep interest rates on hold as it weighs the impact of Iran war

9:16
The Bank of England is expected to announce it's keeping interest rates on hold as policymakers assess the economic impact of the Iran war and Tehran’s effective closure of the Strait of Hormuz, through which a fifth of the world’s crude passes in peac...

Analysis: US blockade is squeezing Iran's all-important oil industry

8:44
Even as Iran maintains its chokehold on the Strait of Hormuz, the Islamic Republic increasingly finds itself squeezed by an American blockade threatening its oil industry

Brent crude tops $125 a barrel on Iran war worries, while world stocks retreat

8:12
The price of Brent crude oil has surged past $125 a barrel as stalled U.S.-Iran talks raise doubts over the reopening of the Strait of Hormuz and a permanent end to the Iran war

The price of Brent crude oil surges past $125 a barrel as worries brew over an escalation in the Iran war

8:12
The price of Brent crude oil surges past $125 a barrel as worries brew over an escalation in the Iran war

Exonerees struggle to rebuild their lives and gain lasting employment, even if elected to office

8:12
People who are wrongfully incarcerated then exonerated, sometimes after spending decades behind bars, face yet more challenges finding jobs and rebuilding their lives after their release

Canada will be the headquarters for a future NATO-linked financial institution, official says

8:12
A senior government official says that Canada has been selected as the headquarters for a new, financial institution led by NATO and designed to reduce borrowing costs for members of the alliance

King Charles III's charity celebrates 50 years of helping young people find work with a gala in NYC

8:12
While Charles and Queen Camilla make their first state visit to the U.S. since he became king, they will also support The King’s Trust, as it celebrates its 50th anniversary with a gala in New York on Wednesday

Walmart breaks its no-frills mold with in-store beauty experts

7:08
Walmart customers may find something new the next time they’re looking for makeup and skin care products: in-store advisers offering personalized tips and recommendations

Suit launched against meatpacking giant JBS over beef tied to slavery-like labor

1:51
Brazil's labor prosecutors have filed a lawsuit against meatpacking giant JBS, accusing it of buying cattle from farms where workers were held in slavery-like conditions

What to know about The Onion's new effort to take over Alex Jones' Infowars

23:10
The Onion is taking another stab at getting control of Alex Jones’ Infowars platforms and turning them into comedy sites spoofing the conspiracy theorist

Alphabet's 1Q profit soars as Google's big AI bets help push stock to new highs

23:10
Google’s transition into the era of artificial intelligence continued to pay off for its corporate parent, Alphabet Inc., which on Wednesday announced another quarter of the stellar growth that helped to more than double its already lofty market value ...

Amazon reports increase in profits and sales for 1Q

22:39
Amazon on Wednesday reported a strong increase in profits and revenue during its fiscal first quarter, helped by surging growth in its prominent cloud computing unit

Elon Musk tells his side of OpenAI's beginnings in trial pitting him against CEO Sam Altman

21:04
Elon Musk took the stand for the second day Wednesday in the landmark trial that pits the world’s richest man against Sam Altman, a fellow OpenAI co-founder he accuses of betraying promises to keep the company as a nonprofit dedicated to humanity’s ben...

Families of Canada school shooting victims sue OpenAI over shooter's use of ChatGPT

18:22
The families of victims of a school shooting in a remote Canadian Rockies town are suing artificial intelligence company OpenAI in a U.S. federal court, alleging that the ChatGPT maker failed to alert police to the shooter’s alarming interactions with ...
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