ABC Business News

Justin Sullivan/Getty Images (NEW YORK) — An escalation of conflicts in the Middle East in recent weeks has triggered a sharp increase in oil prices, raising uncertainty about where costs will head in the final [Read More…]

Anna Moneymaker/Getty Images (NEW YORK) — U.S. hiring surged in September, blowing past economist expectations and rebuking concern about weakness in the labor market. The fresh report marks one of the last major pieces of [Read More…]

Nitat Termmee/Getty Images (NEW YORK) — In the final weeks of the campaign, former President Donald Trump and Vice President Kamala Harris have sought to best each other on the all-important issue of the economy, [Read More…]

The Michael Kors Store on Rodeo Drive on Feb. 23, 2017 in Beverly Hills, Calif. (Fg/bauer-griffin/GC Images via Getty Images, FILE) (NEW YORK) — The Federal Trade Commission is asking a federal judge in New [Read More…]

McDonald’s (NEW YORK) — It’s a monster mash at McDonald’s, with the new limited-edition Happy Meal Boo Buckets making their return to the Golden Arches. On Oct. 15, the iconic plastic buckets, which make for [Read More…]

Michael Nagle/Bloomberg via Getty Images (NEW YORK) — Tens of thousands of U.S. dockworkers are set to walk off the job early Tuesday morning, clogging dozens of ports along the East and Gulf coasts and [Read More…]

Downed trees on a home in the aftermath of Hurricane Helene, Sept.r 29, 2024, in Rutherfordton, N.C. (Sean Rayford/Getty Images) (NEW YORK) — Hurricane Helene flooded properties and devastated buildings in recent days as it [Read More…]

Lauren Justice/Bloomberg via Getty Images (NEW YORK) — Tens of thousands of dockworkers are set to strike as soon as Oct. 1, potentially snarling dozens of ports along the East and Gulf coasts with major [Read More…]

This undeveloped property in Randolph, New Jersey, was sold in December 2023, but the owners did not place the land on the market. (Jared Kofsky/ABC News) (NEW YORK) — When a man claiming to own [Read More…]

As seen on Instagram (NEW YORK) — If you’ve opened Instagram over the last few days, you’ve likely seen a post that begins with the words “Goodbye Meta AI.” The post, most often shared on [Read More…]

Arby’s (NEW YORK) — Much like its fellow fast food competitors slashing prices and offering special discounts to lure in customers, Arby’s is adding a new deal to its menu with its Double the Meats [Read More…]

Jeff Swensen/Getty Images (WASHINGTON) — Former President Donald Trump has raised few policies on the campaign trail more often than tariffs, which he says would rejuvenate manufacturing, create jobs, restrain immigration and help bankroll childcare, [Read More…]

The Boeing logo is pictured at the Boeing Renton Factory in Renton, Washington on March 12, 2019. (JASON REDMOND/AFP via Getty Images) (NEW YORK) — The Senate Permanent Subcommittee on Investigations published a memo Wednesday [Read More…]

Douglas Sacha/Getty Images (NEW YORK) — Inflation bedeviled the U.S. economy for years, but a cooldown in price increases has shifted concern toward a different foe: Unemployment. Hiring remains solid but has slowed dramatically from [Read More…]

Anton Petrus/Getty Images (NEW YORK) — The Federal Reserve handed down a large interest rate cut this week, dialing back the central bank’s fight against inflation and signaling welcome relief for borrowers. It remains to [Read More…]

Avishek Das/SOPA Images/LightRocket via Getty Images (NEW YORK) — After waiting six months — and losing $4 billion on paper — former President Donald Trump faces a potential windfall from his social media company. Half [Read More…]

Grace Cary/Getty Images (NEW YORK) — The Federal Reserve delivered a jumbo-sized rate cut this week in a move widely viewed as a declaration of victory over inflation and a signal of relief for borrowers. [Read More…]

Karl Tapales/Getty Images (NEW YORK) — Instagram this week unveiled mandatory accounts for teens that bolster privacy protections, enable parental supervision, and restrict notifications during overnight hours. New and existing users under the age of [Read More…]

Bloomberg Creative/Getty Images (NEW YORK) — The Federal Reserve cut its benchmark interest rate a half of a percentage point on Wednesday in a landmark decision that dials back its years-long fight against inflation and [Read More…]

Bloomberg Creative/Getty Images (NEW YORK) — The Federal Reserve is set to make a pivotal decision about its benchmark interest rate on Wednesday that could dial back its years-long fight against inflation. Investors widely expect [Read More…]