ABC Business News

A shopper browses near ‘Sale’ signs in the meats section of a grocery store on July 7, 2026 in Pasadena, California. (Mario Tama/Getty Images) (NEW YORK) — Inflation dropped more than expected in June as [Read More…]

Shot of oil pumps (Olga Rolenko/Getty Images) (NEW YORK) — Oil prices climbed and stocks tumbled in early trading on Wednesday after President Donald Trump said he believes an agreement with Iran is “over” amid [Read More…]

Melting street thermometer against bright summer sun.High temperature.Summer heat. (Dmitriy83/Getty Images) (NEW YORK) — A heat wave blanketed a vast swathe of the United States over the 4th of July weekend, threatening the health of [Read More…]

SpaceX founder and CEO Elon Musk speaks via video at the Nasdaq Marketsite in Times Square during the launch of the SpaceX initial public offering (IPO) on the Nasdaq on June 12, 2026, in New [Read More…]

A logo sits outside the Microsoft pavilion during the second day of the Mobile World Congress 2015 at the Fira Gran Via complex on March 3, 2015 in Barcelona, Spain. (David Ramos/Getty Images) (NEW YORK) [Read More…]

Crude oil tankers, bulk carriers and vessels sit anchored around Qaboos Port June 22, 2026, in Muscat, Oman. The Strait of Hormuz, a vital shipping route for the region’s oil and gas. (Elke Scholiers/Getty Images) [Read More…]

HR recruitment manager holding resume in hands while having an interview in a modern office. (Xavier Lorenzo/Getty Images) (NEW YORK) — Hiring slowed markedly in June, falling short of economists’ expectations and displaying a wobbly [Read More…]

Ranking member Sen. Elizabeth Warren (D-MA) delivers an opening statement during the Senate Committee on Banking, Housing, and Urban Affairs confirmation hearing for Kevin Warsh, U.S. President Donald Trump’s nominee for Chair of the Federal [Read More…]

Businessman typing on laptop computer keyboard at desk in office. (tadamichi/Getty Images) (NEW YORK) — Federal Reserve Chair Kevin Warsh on Wednesday voiced optimism about artificial intelligence, describing the technology as a “paradigm shift” that [Read More…]

New York City Mayor Zohran Mamdani and NYC Congressional candidate Claire Valdez embrace during a primary-night watch party, June 23, 2026, in Brooklyn. (Michael M. Santiago/Getty Images) (NEW YORK) — A trio of progressive Democrats [Read More…]

A cargo ship remains anchored on May 16, 2026 in the Strait of Hormuz near Larak Island, Iran. (Majid Saeedi/Getty Images) (NEW YORK) — Global oil prices on Wednesday fell to their lowest level since [Read More…]

In this June 27, 2016 file photo Alan Greenspan, former chairman of the Federal Reserve and president and founder of Greenspan Associates, speaks during a Bloomberg Television interview in Washington, D.C. (Andrew Harrer/Bloomberg via Getty [Read More…]

Kevin Warsh, Chair of the Federal Reserve, on April 21, 2026 in Washington, DC. (Photo by Andrew Harnik/Getty Images)v (WASHINGTON) — The Federal Reserve is set to announce its latest decision on interest rates on [Read More…]

A pumpjack stands idle in the Huntington Beach oil field on April 23, 2026 in Huntington Beach, California. (Mario Tama/Getty Images) (NEW YORK) — Oil prices on Monday fell to their lowest level since March after [Read More…]

Fuel prices are displayed at a gas station on June 09, 2026 in Chicago, Illinois. (Scott Olson/Getty Images) (NEW YORK) — Consumer sentiment improved in June for the first time since the outbreak of the Iran [Read More…]

Elon Musk is photographed at Space X in Brownsville, Texas, May 27, 2025. (Marvin Joseph/The Washington Post via Getty Images) (NEW YORK) — Elon Musk, the wealthiest person alive, could become the first-ever trillionaire when [Read More…]

A customer shops for produce at an H-E-B grocery store on May 11, 2026 in Austin, Texas. (Brandon Bell/Getty Images) (NEW YORK) — Inflation jumped for a third consecutive month as the Iran war continued [Read More…]

An Air Canada plane is seen at Pearson International Airport on August 14, 2025 in Toronto, Canada. (Cole Burston/Getty Images) (TORONTO) — An Air Canada pilot was arrested Monday after a probe discovered he had [Read More…]

In this Nov. 16, 2023, file photo, OpenAI CEO Sam Altman looks on during the APEC CEO Summit at Moscone West in San Francisco. (Justin Sullivan/Getty Images, FILE) (NEW YORK) — OpenAI, the artificial-intelligence company [Read More…]

e HR recruitment manager holding resume in hands while having an interview in a modern office. (Xavier Lorenzo/Getty Images) (NEW YORK) — Hiring blew past expectations in May, registering at a blockbuster clip despite a [Read More…]