ABC Business News

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…]

Fuel prices are displayed at a gas station in Brooklyn on June 01, 2026, in New York City. (Spencer Platt/Getty Images) (NEW YORKI) –Drivers stung by high gas prices have enjoyed some welcome relief over [Read More…]

U.S. President Donald Trump speaks during a Cabinet meeting in the Cabinet Room of the White House on May 27, 2026 in Washington, DC. (Win McNamee/Getty Images) (NEW YORK) — A court filing shows how [Read More…]

In this Jan. 19, 2026, file photo, New York City Comptroller Mark Levine speaks at an event at the Brooklyn Academy of Music in New York. (Jason Mendez/Getty Images for Brooklyn Academy Of Music, FILE) [Read More…]

Houses with a ‘For Sale’ sign in a small new neighborhood in Gunnison, Colorado 6/18/20 (Nathan Bilow/Getty Images) (NEW YORK) — U.S. Treasury yields soared in recent days as the Iran war stoked inflation fears, [Read More…]

OpenAI CEO Sam Altman arrives to court at the Ronald V. Dellums Federal Building on May 12, 2026 in Oakland, California. (Photo by Benjamin Fanjoy/Getty Images) (NEW YORK) — A jury on Monday found that [Read More…]

(NEW YORK) — A court ruled in favor of OpenAI and its chief executive, Sam Altman, in a lawsuit brought by Elon Musk over alleged misconduct in the company’s evolution from a non-profit upstart to [Read More…]

U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, April 29, 2026. (Photo by Li Rui/Xinhua via Getty Images) (NEW YORK) — A global pandemic that put millions [Read More…]

An aerial view of the New York Stock Exchange’s trading floor. Since the installation of the Hybrid Market system in 2007, there has been less traders on the floor due to an increase of electronically [Read More…]

(WASHINGTON) — The Senate voted Wednesday to confirm Federal Reserve chair nominee Kevin Warsh, clearing the way for Warsh to replace central bank head Jerome Powell when his term ends later this week. The Senate confirmed [Read More…]

Close-up on a woman shopping at a convenience store and checking her receipt while exiting. (Hispanolistic.Getty) (NEW YORK) — Inflation rose for a second consecutive month as the U.S.-Israeli war with Iran continued to send [Read More…]

A sign displays the prices of unleaded gasoline and diesel fuel at a Chevron gas station in Los Angeles on Monday, May 4, 2026. (Kyle Grillot/Bloomberg via Getty Images) (LOS ANGELES) — A Chevron gas [Read More…]

In this photo illustration, the PayPal logo is displayed on the screen of a smart tablet. (Sheldon Cooper/SOPA Images/LightRocket via Getty Images) (WASHINGTON) — PayPal has agreed to waive $30 million in processing fees in [Read More…]

The Ateela 2 Oil Tanker boat navigates the sea on April 28, 2026 on Qeshm Island, Iran in the Strait of Hormuz. (Photo by Asghar Besharati/Getty Images) (NEW YORK) — An inflation report on Tuesday [Read More…]

Job interview (filadendron/Getty) (NEW YORK) — Hiring slowed in April as a rise in fuel prices hammered shoppers weeks into the war with Iran, U.S. government data on Friday showed. The U.S. added 115,000 jobs [Read More…]

Signage at an Apple Store in San Francisco (David Paul Morris/Bloomberg via Getty Images) (NEW YORK) — Apple has agreed to settle a class-action lawsuit for $250 million after the tech giant was accused of [Read More…]

Customers pump gas into their car at a 76 station, May 4, 2026 in Los Angeles (Justin Sullivan/Getty Images) (NEW YORK) — Sky-high gasoline prices are hammering drivers across the United States as the Iran [Read More…]