ABC Business News

In an aerial view, the Strategic Petroleum Reserve storage at the Bryan Mound site is seen on Oct. 19, 2022, in Freeport, Texas. (Brandon Bell/Getty Images) (NEW YORK) — The U.S. Strategic Petroleum Reserve has dropped to [Read More…]

Ontario Premier Doug Ford gives remarks at a press conference on March 10, 2025, in Toronto, Canada. (Katherine KY Cheng/Getty Images) (WASHINGTON) — Ontario Premier Doug Ford expressed firm opposition to President Donald Trump’s tariffs [Read More…]

Packages of ground beef are displayed in a cooler at a store, Aug. 24, 2026, in Los Angeles. (Justin Sullivan/Getty Images) (WASHINGTON) — President Donald Trump has formally signed a proclamation temporarily lifting tariffs on [Read More…]

An app for Kalshi, an online prediction market site, is shown on Feb. 25, 2026, in Chicago. Online prediction market platforms allow people to place bets on wide-ranging subjects such as sports, finance, politics and [Read More…]

Nvidia’s logo is displayed at their headquarters on Aug. 26, 2026, in Santa Clara, California. (Benjamin Fanjoy/Getty Images) (NEW YORK) — Nvidia surpassed Wall Street expectations for revenue over a recent three-month period, the company [Read More…]

Donald Trump speaks with guests during an event announcing the expansion of a foster care initiative in the Rose Garden of the White House on August 20, 2026 in Washington, DC. Finn Gomez/Getty Images (WASHINGTON) [Read More…]

The NASDAQ display in Times Square is seen as the $1.5B partnership between World Liberty Financial (WLFI) and ALT5 Sigma is marked with with the ringing of the NASDAQ opening bell by Eric Trump, the [Read More…]

Federal Reserve Chair Kevin Warsh speaks during a news conference at Federal Reserve Headquarters on July 29, 2026, in Washington, D.C. (Win McNamee/Getty Images) (WASHINGTON) — The U.S. economy unexpectedly lost jobs in July, demonstrating [Read More…]

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…]