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DNC speakers claim Biden inherited broken economy. Economists say it's more complex
Economy was no longer in recession but Biden advanced recovery, experts said.
August 21, 2024Stakeholder in Trump's Truth Social parent company wins court ruling over share transfer
A federal judge in Delaware has ruled in favor of a firm seeking assurance that it will be able to sell its minority stake in the parent company of former president Donald Trump’s Truth Social platform
September 06, 2024Average long-term US mortgage rates holds at 6.35% this week
The average rate on a 30-year mortgage in the U.S. was flat this week ahead of an expected interest rate cut from the Federal Reserve later this month
September 05, 2024
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Latest Business Video
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19 minutes ago
Coal miner killed on the job in West Virginia. The death marks fourth in the state this year
Gov. Jim Justice says a coal miner was killed on the job in West Virginia on Friday night
19 minutes ago
2 hours ago
Officials say a troubled and delayed Baltic high-speed rail project still set for completion by 2030
Estonia, Latvia and Lithuania say they are committed to completing by the end of the decade a financially troubled and badly delayed high-speed rail project integrating the three Baltic countries with the continental European rail network
2 hours ago
September 07
Recreational marijuana sales begin on North Carolina tribal land, drug illegal in state otherwise
The Eastern Band of Cherokee Indians began selling marijuana and cannabis products to any adult 21 or over starting Saturday at its tribe-owned dispensary in North Carolina
September 07
September 07
Mega Millions jackpot soars to an estimated $800 million
The Mega Millions jackpot has risen to an estimated $800 million with a cash option of $401.8 million
September 07
September 07
Environment solution: New metals refinery for nickel and cobalt opens in Ohio
Mining raw materials, like nickel, for batteries harms the environment, and new mines are very difficult to get approved, so the search is on to recycle metals that have already come out of the earth
September 07
September 07
Stellantis recalls 1.5M Ram trucks to fix software bug
Stellantis is recalling nearly 1.5 million Ram pickups worldwide to fix a software problem that can disable the electronic stability control
September 07
September 07
AP PHOTOS: A ferocious blaze scars the land outside Greece’s capital
In the blackened remains of his workshop, sculptor Vangelis Ilias stacks what little is left of years of his efforts.
In August, a ferocious wildfire swept through the mountains north of Athens, Greece's capital, pushing into the city and coming within feet of where Ilias created made-to-order tombstones, statues and other items out of white marble.
The flames ignited a gasoline-filled generator at his workshop, which burned for two days before he could get near the property. A bust of a Greek Orthodox saint was spared and now rests in front of the gutted and soot-covered site in the suburb of Halandri.
“It’s not the financial cost. I’ve lost my work — something spiritual,” Ilias said. “I’ve been doing this for 35 years, since I was a kid, aged 14.”
The Aug. 11-13 wildfire tore through more than 100 square kilometers (40 square miles) of forest and scrubland and scorched the shores of the city’s main water reservoir at Marathon, where an ancient battle inspired the modern distance...
September 07
September 07
Just how rare is a rare-colored lobster? Scientists say answer could be under the shell
A wave of odd-colored lobsters has showed up in fishers' traps, supermarket seafood tanks and scientists’ laboratories over the last year
September 07
September 07
Boeing's troubled space capsule ends mission with a landing in the New Mexico desert, leaving two astronauts in orbit
Boeing's troubled space capsule ends mission with a landing in the New Mexico desert, leaving two astronauts in orbit
September 07
September 06
By the Numbers: Million-dollar homes
Owning a million-dollar home in years past was a status symbol. But now in many markets, that money can only buy a starter home. We take a look at home prices in “By the Numbers.”
September 06
September 06
Stakeholder in Trump's Truth Social parent company wins court ruling over share transfer
A federal judge in Delaware has ruled in favor of a firm seeking assurance that it will be able to sell its minority stake in the parent company of former president Donald Trump’s Truth Social platform
September 06
September 06
Tennis attire is everywhere. Credit the pandemic, social media and pickleball
While tennis fans savor the last matches of the U.S. Open, a subset of viewers have watched the tournament as a source of fashion inspiration
September 06
September 06
Boeing's troubled capsule leaves astronauts behind as it departs the International Space Station and aims for a landing
Boeing's troubled capsule leaves astronauts behind as it departs the International Space Station and aims for a landing
September 06
September 06
Workers take their quest to ban smoking in Atlantic City casinos to a higher court
Workers seeking to ban smoking in Atlantic City’s casinos are asking an appeals court to consider their request, saying a lower court judge who dismissed their lawsuit did so in error
September 06
September 06
Judge gives US regulators until December to propose penalties for Google's illegal search monopoly
A federal judge on Friday gave the U.S. Justice Department until the end of the year to outline how Google should be punished for illegally monopolizing the internet search market and then prepare to present its case for imposing the penalties next spring
September 06
September 06
How major US stock indexes fared Friday, 9/6/2024
Another rout hit Wall Street, leaving the market with its worst week in 18 months, after a jobs report billed as the most important of the year came in weak enough to keep worries high about the economy
September 06
September 06
Stocks sink on Wall Street after a mixed jobs report, leaving the market with its worst weekly loss in 18 months
Stocks sink on Wall Street after a mixed jobs report, leaving the market with its worst weekly loss in 18 months
September 06
September 06
Tourists helicoptered down from Swiss mountain resort after mudslide cuts off road access
Helicopter crews ferried down scores of tourists stranded atop of one of Switzerland’s most popular mountain resorts on Friday after a mudslide a day earlier cut off road access until next week
September 06
September 06
Residents in a Louisiana city devastated by 2020 hurricanes are still far from recovery
Although it has been nearly four years since hurricanes Laura and Delta decimated southwest Louisiana and caused an estimated $22 billion in damage nationwide, some residents say they are still far from recovery
September 06
September 06
SEC reaches settlement with Esmark and its chairman on US Steel matter
The Securities and Exchange Commission says that it has reached a settlement with industrial conglomerate Esmark and its chairman for announcing a false tender offer to buy U.S. Steel
September 06
September 06
Residents in a Louisiana city devastated by 2020 hurricanes are still far from recovery
Although it has been nearly four years since hurricanes Laura and Delta decimated southwest Louisiana and caused an estimated $22 billion in damage nationwide, some residents say they are still far from recovery
September 06
September 06
Amazon says in a federal lawsuit that the NLRB's structure is unconstitutional
Amazon is challenging the structure of the National Labor Relations Board in a lawsuit that also accuses the agency of improperly influencing the outcome of a union election at a company warehouse more than two years ago
September 06
September 06
Mexico's plan to make judges stand for election is indeed aimed at foreign firms, president says
Foreign business chambers have been warning for weeks that a proposed, sweeping overhaul of Mexico’s judiciary that would make judges stand for election, would endanger foreign investment in Mexico
September 06
September 06
WHO and Africa CDC launch a response plan to the mpox outbreak
The Africa Center for Disease Control and Prevention and the World Health Organization have launched a continent-wide response plan to the outbreak of mpox
September 06
September 06
Sports betting firm bet365 fined $33K for taking bets after outcomes were known
New Jersey gambling regulators have levied a $33,000 fine on sports betting company bet365 for taking bets on games in which the outcome was already known, and on games that were not approved for betting
September 06
September 06
LL Flooring, formerly Lumber Liquidators, is going out of business and closing all of its stores
LL Flooring, the hardwood flooring retailer formerly known as Lumber Liquidators, is going out of business
September 06
September 06
Treasury recovers $1.3 billion in unpaid taxes from high wealth tax dodgers
The IRS has collected $1.3 billion from high-wealth tax dodgers since last fall, the agency says, crediting spending that has ramped up collection enforcement through President Joe Biden's signature climate, health care and tax package signed into law ...
September 06
September 06
Jamaica's female farmers rebuild after Hurricane Beryl
More than two months after Hurricane Beryl, the strongest July Atlantic hurricane on record, some farmers in Jamaica are still unable to restore their crops and repair their homes
September 06
September 06
Resources are out there for LGBTQ+ travelers looking to stay safe
Do LGBTQ+ tourists have a green book-like system for staying safe while traveling in these politically precarious times
September 06
September 06
Two astronauts are left behind in space as Boeing's troubled capsule returns to Earth empty
Boeing’s first astronaut mission is finally over
September 06
September 06
Autoworkers learn sign language hoping connection with deaf colleagues improves work and lives
One doesn’t need to know sign language to understand what Michael Connolly feels about his colleagues’ efforts to break down the barriers posed by his deafness
September 06
September 06
South Africa's justice minister denies corruption allegations against her in a mutual bank scandal
South Africa’s justice minister has denied corruption allegations against her related to a mutual bank scandal in which thousands of retirees lost their life savings
September 06
September 06
US hiring rebounds slightly and unemployment rate dips in sign of still-slowing job market
US hiring rebounds slightly and unemployment rate dips in sign of still-slowing job market
September 06
September 06
Japanese 7-Eleven convenience store chain operator turns down Couche-Tard takeover offer
The parent company of the Japanese 7-Eleven convenience store chain is turning down a takeover offer from Alimentation Couche-Tard of Canada
September 06
September 06
UK watchdog accuses Google of anti-competitive behavior in digital ads business
Google is being slammed by U.K. regulators who say it’s taking advantage of its dominance in digital advertising to thwart competition in Britain
September 06
September 06
The Dutch government is expanding export restrictions for processor chip machines
The Dutch government is expanding export restrictions on machines that make advanced processor chips that can be used in weapons systems
September 06
September 06
Biden to sign order to prioritize grants for projects with higher worker wages
President Joe Biden signed an executive order for federal grants that would prioritize projects with labor agreements, wage standards and benefits such as access to child care and apprenticeship programs
September 06
September 06
Ralph Lauren draws the fashion crowd to the horsey Hamptons for a diverse show of Americana
Ralph Lauren took to Hamptons horse country for a rollout of his signature Americana featuring first lady Jill Biden, Usher and Colman Domingo on his front row
September 06
September 06
What's at stake in Sri Lanka's first presidential vote since its economic meltdown?
Sri Lanka will hold its presidential election Sept. 21 in a crucial vote that will decide the future course of the South Asian nation still struggling to recover from its economic collapse in 2022, which provoked mass protests and forced the former pre...
September 06
September 06
It's not just Harris and Trump who have a lot at stake in next week's debate. ABC News does, too
Everyone knows how much is at stake for Kamala Harris and Donald Trump during Tuesday's presidential debate, the only one they have scheduled during their compressed campaign
September 06
September 05
Stock market today: Wall Street falls sharply to close its worst week in nearly 18 months
Another rout hit Wall Street after an update on the U.S. job market came in weak enough to add to worries about the economy
September 05
September 05
Prime Focus: The Crypto Con
ABC News' Aaron Katersky investigates a cryptocurrency scam, also known as pig butchering, aimed at fleecing victims financially through text scams.
September 05
September 05
Nevada high court ends casino mogul Steve Wynn's defamation suit against The Associated Press
The Nevada Supreme Court has ended a defamation lawsuit brought by casino mogul Steve Wynn against The Associated Press in 2018
September 05
September 05
Sluggish US jobs report clears the way for Federal Reserve to cut interest rates
Hiring by America’s employers picked up a bit in August from July’s tepid pace, and the unemployment rate dipped for the first time since March in a sign that the job market may be cooling but remains sturdy
September 05
September 05
Judge in Brazil orders slaughterhouses to pay for Amazon reforestation
A court in the Brazilian state of Rondonia has found two beef slaughterhouses guilty of buying cattle out of what is supposed to be a protected area in the Brazilian Amazon, which is illegal
September 05
September 05
New Jersey developer convicted with Bob Menendez pleads guilty to bank fraud
A New Jersey real estate developer convicted alongside Democratic Sen. Bob Menendez has pleaded guilty to a separate bank fraud charge
September 05
September 05
How major US stock indexes fared Thursday, 9/5/2024
Most U.S. stocks fell following a mixed round of data on the economy, keeping them on track for their worst week since April
September 05
September 05
New Mexico's attorney general files a suit saying Snapchat allows child sexual extortion
New Mexico’s attorney general has filed a lawsuit against the company behind Snapchat
September 05
September 05
Red Lobster says it will soon exit bankruptcy protection after judge approves seafood chain's sale
After months of dozens of restaurant closings and headlines about “endless shrimp” woes, Red Lobster says it will soon exit from Chapter 11 bankruptcy protection
September 05
September 05
Red Lobster says it will soon emerge from bankruptcy protection after court approves the seafood chain's sale
Red Lobster says it will soon emerge from bankruptcy protection after court approves the seafood chain's sale
September 05