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ABC Business News
Prices surged in March after oil shock set off by Iran war
A view of the vessels passing through the Strait of Hormuz following the two-week temporary ceasefire reached between the United States and Iran on the condition that the strait be reopened, seen in Oman, April [Read More…]
Dow closes up more than 1,300 points after US-Iran ceasefire
A trader works on the floor at the New York Stock Exchange (NYSE) in New York, US, on Monday, April 6, 2026. Signs of last-ditch efforts to secure a truce in the war that has [Read More…]
Stocks soar and oil prices plunge after US-Iran ceasefire
A trader works on the floor at the New York Stock Exchange (NYSE) in New York, US, on Monday, April 6, 2026. Signs of last-ditch efforts to secure a truce in the war that has [Read More…]
Jobs report shows strong hiring in March, exceeding economists’ expectations
Job interview (Narisara Nami/Getty Images) (NEW YORK) — The U.S. recorded strong job gains in March, rebounding from dismal losses a month earlier, a jobs report on Friday showed. The reading far exceeded economists’ expectations. [Read More…]
Jobs report shows strong hiring in March, despite oil shock set off by Iran war
Job interview (Narisara Nami/Getty Images) (NEW YORK) — The U.S. recorded strong job gains in March, rebounding from dismal losses a month earlier, even as the nation weathered a global oil shock set off by [Read More…]
Stocks close mixed after Trump vows to hit Iran ‘extremely hard’ in coming weeks
Traders work on the floor of the New York Stock Exchange, March 31, 2026 in New York City. (Spencer Platt/Getty Images) (NEW YORK) — Stocks closed mixed in volatile trading on Thursday after President Donald [Read More…]
Trump slaps 100% tariff on some pharmaceutical drugs via executive order
President Donald Trump answers questions after signing an executive order to limit mail-in voting in the Oval Office of the White House, March 31, 2026, in Washington. (Alex Wong/Getty Images) (WASHINGTON) — President Donald Trump [Read More…]
Mortgage rates hit highest level since September as Iran war rattles financial markets
A ”For Sale” sign is outside a residential home in Oro Valley, Ariz., Dec.12, 2025. (Michael Yanow/NurPhoto via Getty Images) (NEW YORK) — Mortgage rates have climbed to their highest level since September as fallout [Read More…]
Stocks tick lower after Trump vows to hit Iran ‘extremely hard’ in coming weeks
Traders work on the floor of the New York Stock Exchange, March 31, 2026 in New York City. (Spencer Platt/Getty Images) (NEW YORK) — Stocks ticked lower in volatile trading on Thursday after President Donald [Read More…]
Dow soars over 950 points after Trump suggests US may end Iran war without reopening Strait of Hormuz
U.S. President Donald Trump speaks with members of the media onboard Air Force One on March 29, 2026. (Nathan Howard/Getty Images) (NEW YORK) — The Dow Jones Industrial Average soared more than 950 points on [Read More…]
Gas prices top $4 a gallon as Iran war triggers global oil shock
Cargo vessel, Ali 25, in the Gulf, near the Strait of Hormuz on March 22, 2026 in northern Ras al Khaimah, United Arab Emirates. (NEW YORK) — Gas prices in the United States topped $4 [Read More…]
Dow closes down nearly 800 points as Iran war hits one-month mark
Traders work on the floor of the New York Stock Exchange (NYSE), March 27, 2026, in New York. (Spencer Platt/Getty Images) (NEW YORK) — Stocks closed significantly lower on Friday as the U.S.-Israeli war with Iran showed [Read More…]
As Trump postpones threatened attacks on Iran’s power plants, experts warn of the potential humanitarian crisis
Shoppers visit the Tajrish Bazaar, one of Tehranâs main shopping areas. (Fatemeh Bahrami/Anadolu via Getty Images) (NEW YORK) — A threat of U.S. attacks on power plants in Iran continues to loom over the Middle [Read More…]
Dow closes up 600 points as Trump claims talks held with Iran
Photo taken on Aug. 12, 2024 shows the trading floor of the New York Stock Exchange NYSE in New York, the United States. (Liu Yanan/Xinhua via Getty Images) (NEW YORK) — The Dow Jones Industrial [Read More…]
Dow soars 1,000 points as Trump claims talks held with Iran
Photo taken on Aug. 12, 2024 shows the trading floor of the New York Stock Exchange NYSE in New York, the United States. (Liu Yanan/Xinhua via Getty Images) (NEW YORK) — The Dow Jones Industrial [Read More…]
Oil and gas prices surge as Iran escalates strikes on Gulf refineries
A picture of Qatar Energy’s operating facilities on March 3, 2026 in Ras Laffan Industrial City, Qatar. Qatar Energy announced a complete halt to liquefied natural gas (LNG) production at its Ras Laffan and Mesaieed [Read More…]
Fed holds interest rates steady in 1st move since war with Iran spiked oil prices
A television station broadcasts the Federal Reserve’s decision to hold rates after a Federal Open Market Committee meeting on the floor of the New York Stock Exchange. (Michael Nagle/Bloomberg via Getty Images) (NEW YORK) — [Read More…]
Dow closes down 700 points as global oil prices top $100 a barrel
Traders work on the floor of the New York Stock Exchange during morning trading on March 10, 2026 in New York City. Stocks continued to slide at the opening due to the war in Iran [Read More…]
Oil prices surge and stocks fall as Iran escalates shipping attacks
raders work on the floor of the New York Stock Exchange during morning trading on March 10, 2026 in New York City. Stocks continued to slide at the opening due to the war in Iran [Read More…]
Inflation held steady in February before war with Iran sent gas prices surging
President Donald J. Trump disembarks Marine One at Valley International Airport in Harlingen, Texas Tuesday, Jan. 12, 2021, and boards Air Force One en route to Joint Base Andrews, Md. (Official White House Photo by [Read More…]