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ABC Business News
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…]
Inflation report to be released as Iran war sends 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…]
Stocks close higher, reversing sharp losses after oil prices fall
Traders work on the floor of the New York Stock Exchange. (Photo by Michael M. Santiago/Getty Images) (NEW YORK) — Stocks closed higher on Monday, recovering from sharp losses earlier in the day as markets [Read More…]
Stocks tumble as oil climbs above $95 per barrel
Traders work on the floor of the New York Stock Exchange. (Photo by Michael M. Santiago/Getty Images) (NEW YORK) — Stocks tumbled on Monday as oil prices climbed in response to the U.S.-Israeli war with Iran. The Dow Jones [Read More…]
Anthropic sues Trump administration after clash over AI use
The Anthropic logo displayed on the stage during the company’s Builder Summit in Bengaluru, India, on Monday, Feb. 16, 2026. (Samyukta Lakshmi/Bloomberg via Getty Images) (NEW YORK) — Artificial-intelligence firm Anthropic sued the Trump administration [Read More…]
Stocks tumble as oil climbs above $100 per barrel
Traders work on the floor of the New York Stock Exchange. (Photo by Michael M. Santiago/Getty Images) (NEW YORK) — Stocks tumbled in early trading on Monday as oil prices soared above $100 per barrel [Read More…]
Dow closes down 450 points as Iran war sends oil prices surging
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City. (Photo by Spencer Platt/Getty Images) (NEW YORK) — The Dow Jones Industrial Average closed down 450 points on Friday [Read More…]
US lost 92,000 jobs as markets roil, gas prices surge: Report
Jerome Powell, chairman of the US Federal Reserve, speaks during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, DC, US, on Wednesday, Jan. 28, 2026. (Photographer: Kent Nishimura/Bloomberg via Getty [Read More…]
Dow drops 650 points as Iran war sends oil prices surging
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City. (Photo by Spencer Platt/Getty Images) (NEW YORK) — The Dow Jones Industrial Average plummeted more than 650 points in [Read More…]
Jobs report shows US unexpectedly lost jobs in February
Jerome Powell, chairman of the US Federal Reserve, speaks during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, DC, US, on Wednesday, Jan. 28, 2026. (Photographer: Kent Nishimura/Bloomberg via Getty [Read More…]
Jobs report shows US unexpectedly lost jobs in February
Job applicant with resume (Narisara Nami/Getty Images) (NEW YORK) — The U.S. economy lost jobs in February, marking a major reversal of fortunes for the labor market and nearly erasing all of the job gains [Read More…]
Investors send stocks tumbling, Dow plunges 900 points
Traders work on the floor of the New York Stock Exchange during morning trading on February 24, 2026 in New York City. (Michael M. Santiago/Getty Images) (NEW YORK) — The Dow Jones Industrial Average plunged [Read More…]
Dow falls 1,000 points as Iran War escalates
Photo of Wall Street (Matteo Colombo/Getty Images) (NEW YORK) — The Dow Jones Industrial Average plunged more than 1,000 points in early trading on Tuesday as the ongoing U.S.-Israeli war with Iran prompted a major [Read More…]
Stocks slide after Iran attack
An ATACM long-range missile is fired towards Iran from an undisclosed location, Feb. 28, 2026. (U.S. Central Command) (NEW YORK) — Stocks slid on Monday morning in the first trading session after the U.S.-Israeli attack on Iran [Read More…]
US and Israeli strikes on Iran could rattle oil markets
A plume of smoke rises after an explosion on February 28, 2026 in Tehran, Iran. (Photo by Majid Saeedi/Getty Images) (NEW YORK) — The U.S. and Israel’s large-scale strikes on Iran Saturday are expected to [Read More…]
US mortgage rates drop below 6% for the 1st time in nearly 4 years
In an aerial view, two-story single family homes line the streets of neighborhood on January 13, 2026 in Thousand Oaks, California. (Kevin Carter/Getty Images) (NEW YORK) — The rate on a 30-year fixed mortgage dropped [Read More…]
What do the remaining tariffs mean for prices? Experts explain
US President Donald Trump speaks during a press conference at the White House, Washington, D.C., US on February 20, 2026. Kyle Mazza/Anadolu via Getty Images (NEW YORK) — President Donald Trump rushed to enact new tariffs and [Read More…]