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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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104 položek/den

Modi and Prabowo seal a deal for Indonesia to acquire India's BrahMos missiles

8:52
India's Prime Minister Narendra Modi and Indonesia’s President Prabowo Subianto have sealed a major defense deal, allowing Jakarta to acquire Indian BrahMos supersonic cruise missiles

US airlines chase profits in premium cabins, deepening a fare class divide on flights

8:52
America’s biggest airlines are expanding their premium cabins and adding more luxury perks to attract high-paying passengers

Wall Street mixed early with chip stocks giving up early week gains

8:52
U.S. markets were mixed early as technology stocks gave back a chunk of the gains from their rally on Monday

Andreessen, Chetty among leaders of Fed's new task forces evaluating operations

8:20
Venture capitalist Marc Andreessen, economist Raj Chetty and former Bank of England governor Mervyn King are among a slate of names released by the Federal Reserve Thursday that will help develop recommended changes to the central bank’s operations

Africa secures $900 million in new clean cooking commitments

8:20
African countries have secured $900 million in new financial commitments to expand access to clean cooking

Ex-Epoch Times CFO pleads guilty in $67M multinational money laundering scheme

4:05
The former chief financial officer of The Epoch Times, a conservative multinational media company, interrupted jury selection at his money laundering trial to plead guilty to conspiracy

Wall Street banks are sky-high about SpaceX, but investors remain cautious

1:58
Wall Street banks have high hopes for SpaceX but at the moment shares of Elon Musk’s rocket market appear to be earthbound

Congressional committee on China asks Wizards and Capitals owner to cut ties with Alibaba

1:58
The owner of Washington’s NBA and NHL teams received a letter from the chair of the House Select Committee on China asking him to cut ties with Alibaba, the Chinese tech giant that has gone to court to dispute the Pentagon’s designation of the corporat...

Canada's Carney defends his visit to Saudi Arabia and slams criticism from afar

0:54
Canadian Prime Minister Mark Carney is defending his decision to visit Saudi Arabia despite its poor human rights record

LA uses World Cup to show off upgraded public transit and test plans to hold car-free Olympics

22:16
Los Angeles officials have urged fans to chose public transit over driving during the 2026 FIFA World Cup

Average 30-year US mortgage rate rises to 6.49%, pushing up homebuyers' borrowing costs

19:04
The average long-term U.S. mortgage rate drew closer this week to 6.5%, pushing up borrowing costs for prospective homebuyers

New York sues 3M, DuPont and other companies over so-called forever chemicals

19:04
New York’s attorney general is suing several large chemical and agricultural companies, alleging they knowingly sold harmful so-called forever chemicals used in cosmetics, non-stick cookware and other products

US home prices hit an all-time high as sales slow and mortgage rates rise

16:24
Sales of previously occupied U.S. homes slowed in June, but a key measure of home prices climbed to an all-time high, adding to prospective homebuyers’ affordability challenges
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