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US home sales rose in October, notching their first annual gain in more than 3 years
Sales of previously occupied U.S. homes rose in October, the first annual gain in more than three years, with home shoppers encouraged by easing rates and a pickup in properties on the market
November 21, 2024Stock prices soar for Trump allies' companies post-election
Shares of Elon Musk's Tesla have climbed nearly 40% since Election Day.
November 20, 2024Is ‘Glicked’ the new ‘Barbenheimer’? ‘Wicked’ and ‘Gladiator II’ collide in theaters
“Barbenheimer” was a phenomenon impossible to manufacture
November 21, 2024
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Latest Business Video
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13 minutes ago
McDonald's to expand US value menu as fast food chains battle for bargain seekers
McDonald’s will expand its U.S. value menu early next year as it continues to try to win back inflation-weary customers
13 minutes ago
3 hours ago
London's Gatwick Airport evacuates part of South Terminal due to suspicious item
London’s Gatwick Airport has evacuated part of its South Terminal as a precaution while police investigate a suspicious item found in luggage
3 hours ago
3 hours ago
US budget airlines are struggling. Will pursuing premium passengers solve their problems?
Delta and United Airlines have become the most profitable U.S. airlines by targeting premium customers while also winning a significant share of budget travelers
3 hours ago
4 hours ago
Japan passes $250B economic package meant to lift wages and spur growth
Japan has approved a $250 billion economic stimulus package centered around initiatives intended to boost incomes
4 hours ago
4 hours ago
China is expanding visa-free entry to more countries in bid to boost economy
China is going to expand visa-free entry to citizens of nine more countries as it seeks to boost tourism and business travel to help revive a sluggish economy
4 hours ago
November 22
Indigenous leaders travel to UK from Peru to draw attention to oil damage and banking
Indigenous leaders from the Wampis Nation in Peru are urging lawmakers at the House of Commons in London to ban international banks’ support for Amazon oil activities they say harm their ancestral rainforests
November 22
November 22
US bribery and fraud charges are a big test yet for India's Adani, one of Asia's richest men
Indian tycoon Gautam Adani, one of Asia’s richest men, may be facing his biggest challenge yet with an indictment by U.S. prosecutors for alleged fraud and bribery
November 22
November 22
Australia rejects Elon Musk's claim that it plans to control access to the internet
An Australian Cabinet minister has rejected X Corp. owner Elon Musk’s allegation that the government intends to control all Australians' access to the internet through legislation that would ban young children from social media
November 22
November 22
Tariff hikes will backfire, and China can manage such 'external shocks,' a senior official says
A senior Chinese official says higher tariffs on Chinese exports will backfire by boosting prices paid by consumers
November 22
November 22
The Bahamas will refinance part of its debt to protect its famous turquoise waters
The Bahamas says it will refinance $300 million of its external debt to free up more than $120 million for marine conservation projects and climate change mitigation
November 22
November 22
A proposed deal on climate cash at UN summit highlights split between rich and poor nations
A new draft of a deal on money to curb and adapt to climate change released Friday afternoon at the United Nations climate summit pledged $250 billion by 2035 from wealthy countries to poorer ones
November 22
November 22
Indonesia's Prabowo plans to retire all fossil fuel plants in 15 years, but experts are skeptical
Indonesian President Prabowo Subianto has announced that his government plans to retire all coal and other fossil fuel-powered power plants within 15 years, while drastically boosting renewable energy capacity
November 22
November 21
Stock market today: World stocks track Wall St's gains with Nvidia report and bitcoin surge
Global stocks are higher following gains on Wall Street after market superstar Nvidia and other companies said they’re making even fatter profits than expected
November 21
November 21
Cities fear an economic doom loop as offices sit empty
ABC News’ Alexis Christoforous traveled to Boston, where vacant office buildings are being turned into apartments with many employees still working from home, while small businesses struggle.
November 21
November 21
Cutting in line? American Airlines' new boarding tech might stop you at now over 100 airports
Sneaking a little ahead of line to get on that plane faster
November 21
November 21
Retirement plans are changing in 2025: What to know
Ages 60 to 63 will get a new, supersize limit for their 401(k) contributions.
November 21
November 21
Canada's Irving Tissue plans a $600 million factory expansion in Georgia, hiring 100 more workers
A Canadian company will spend $600 million to expand its tissue paper mill in Georgia, hiring 100 more workers
November 21
November 21
Rental home investors poised to benefit as mortgage rates, high home prices sideline buyers in 2025
Elevated mortgage rates, rising home prices and other U.S. housing market trends that have kept many would-be homebuyers on the sidelines are likely to remain hurdles next year, driving solid demand for single-family rental houses, analysts say
November 21
November 21
How major US stock indexes fared Thursday, 11/21/2024
U.S. stocks climbed after market superstar Nvidia and another round of companies said they’re making even fatter profits than expected
November 21
November 21
US intelligence warns defense companies of Russian sabotage threat
U.S. intelligence officials are warning American defense companies to increase their security after a wave of sabotage in Europe blamed on Russia
November 21
November 21
Oil company Phillips 66 faces federal charges related to alleged Clean Water Act violations
Oil company Phillips 66 has been federally indicted in connection with alleged violations of the Clean Water Act in California
November 21
November 21
India's Modi seeks energy security from Guyana and its vast oil deposits
Indian Prime Minister Narendra Modi says his government views the South American country of Guyana as key to its energy security
November 21
November 21
Penn State wins trademark case over retailer's use of vintage logos, images
Penn State has won a closely watched trademark fight over an online retailer’s use of its vintage logos and images
November 21
November 21
Bank makes hundreds of millions in loans available to assist Helene recovery in North Carolina
Truist Financial Corporation has announced that it is making hundreds of millions of dollars in loans available to residents, businesses and local governments affected by Hurricane Helene in North Carolina
November 21
November 21
Trudeau to cut sales tax and send checks to millions of Canadians as election looms
Canadian Prime Minister Justin Trudeau plans to temporarily lift the federal sales tax off a slew of items and send checks to millions of Canadians who are dealing with rising costs as a federal election looms
November 21
November 21
SEC Chair Gary Gensler, who led US crackdown on cryptocurrencies, to step down
Securities and Exchange Commission Chair Gary Gensler will step down from his post on January 20
November 21
November 21
Casino workers who want smoking ended demonstrate in New Jersey
With their push to end smoking in Atlantic City’s casinos going nowhere fast in either the courts or the state Legislature, casino workers have demonstrated outside a hotel where New Jersey’s governor was due to speak
November 21
November 21
Boar's Head listeria outbreak over with 10 dead, dozens sickened by tainted deli meat
U.S. health officials say a deadly outbreak of listeria food poisoning tied to a massive recall of popular Boar's Head deli meats is over
November 21
November 21
Gary Gensler, chairman of the U.S. Securities and Exchange Commission, will step down on Jan. 20
Gary Gensler, chairman of the U.S. Securities and Exchange Commission, will step down on Jan. 20
November 21
November 21
What you need to know about the proposed measures designed to curb Google's search monopoly
U.S. regulators are proposing aggressive measures to restore competition to the online search market after a federal judge ruled that Google maintained an illegal monopoly
November 21
November 21
Mexico acknowledges Canada's concerns about a Chinese auto plant, but says none exists
Mexico's president has acknowledged that Canada is concerned about reports of a Chinese company's auto plant in Mexico, but she says it does not exist
November 21
November 21
Is ‘Glicked’ the new ‘Barbenheimer’? ‘Wicked’ and ‘Gladiator II’ collide in theaters
“Barbenheimer” was a phenomenon impossible to manufacture
November 21
November 21
Bitcoin soars to record high in quest to exceed $100,000
The largest cryptocurrency exceeded $98,000 Thursday before falling back down to about $97,600.
November 21
November 21
Average rate on a 30-year mortgage in the US rises to highest level since July
The average rate on a 30-year mortgage in the U.S. edged closer to 7% this week, climbing to its highest level since July
November 21
November 21
The average rate on a 30-year mortgage rose to 6.84% this week, says Freddie Mac, its highest level since July
The average rate on a 30-year mortgage rose to 6.84% this week, says Freddie Mac, its highest level since July
November 21
November 21
Elon Musk's budget crusade could cause a constitutional clash in Trump's second term
Donald Trump has put Elon Musk and Vivek Ramaswamy in charge of finding ways to cut government spending and regulations
November 21
November 21
Bitcoin hurtles toward $100,000
The price of bitcoin has surged more than 30% since Election Day.
November 21
November 21
House passes bill that would allow Treasury to target nonprofits it deems to support terrorism
The U.S. House passed legislation that would give the Treasury Department unilateral authority to strip the tax-exempt status of nonprofits it claims support terrorism
November 21
November 21
Airline CEOs and Transportation Secretary Buttigieg fight over regulations even after election
The Biden administration is on its way out of power, but that's not ending the arguments between the administration and airlines that think they are being over-regulated
November 21
November 21
Students can now apply for federal college aid. Officials hope for a smoother rollout this year
The federal FAFSA form used to apply for college financial aid opened to high school seniors across the nation on Thursday, a year after a disastrous rollout by the Biden administration delayed the application for months
November 21
November 21
The biggest remaining unsanctioned Russian bank hit with U.S. sanctions, nearly three years into war
Russia’s third largest bank, Gazprombank and its six foreign subsidiaries were hit with U.S. sanctions on Thursday
November 21
November 21
US home sales rose in October, notching their first annual gain in more than 3 years
Sales of previously occupied U.S. homes rose in October, the first annual gain in more than three years, with home shoppers encouraged by easing rates and a pickup in properties on the market
November 21
November 21
Sales of previously occupied homes rose in October, the first annual gain in the U.S. in more than three years
Sales of previously occupied homes rose in October, the first annual gain in the U.S. in more than three years
November 21
November 21
Giannis Antetokounmpo launches venture capital fund for investments in sports and entertainment
Giannis Antetokounmpo is looking for some assists off the court, aiding with investments in early stage startup companies
November 21
November 21
Kenya cancels airport and energy deals with Adani group after the US indicts the Indian tycoon
Kenya’s president says he has cancelled multimillion-dollar airport expansion and energy deals with Indian tycoon Gautam Adani after U.S. bribery and fraud indictments against one of Asia’s richest men
November 21
November 21
US applications for jobless benefits fall to 213,000, remaining near 7-month lows
The number of Americans applying for unemployment benefits fell again last week, remaining near seven-month lows
November 21
November 21
Bitcoin ticks closer to $100,000 in extended surge following US elections
Bitcoin is jumping again, setting another new high above $99,000 overnight
November 21
November 21
The number of Americans applying for unemployment benefits falls again, remaining near six-month lows
The number of Americans applying for unemployment benefits falls again, remaining near six-month lows
November 21
November 21
$344 for a coffee? Scottish farm is selling UK's most expensive cup
A Scottish dairy is making the audacious bid to sell what it’s calling Britain's most expensive cup of coffee
November 21
November 21
Shares in India's Adani Group plunge 20% after US bribery, fraud indictments
One of Asia’s richest men, Indian tycoon Gautam Adani, is again in the spotlight
November 21