ABC Business News

Michael Godek/Getty Images (NEW YORK) — Gas prices stand close to their lowest level in four years as tens of millions of people prepare to travel over the Thanksgiving holiday. The national average for a [Read More…]

Win McNamee/Getty Images (NEW YORK) — Blockbuster earnings from chip giant Nvidia this week appeared to rebuke concerns about an artificial-intelligence bubble, briefly ending a days-long slump in the stock market. “It’s fair to say [Read More…]

Javier Ghersi/Getty Images (NEW YORK) — Stocks ticked downward in midday trading on Thursday, wiping out a rally earlier in the day driven by blockbuster earnings from chip giant Nvidia and a stronger-than-expected jobs report. The Dow Jones [Read More…]

Alex Wong/Getty Images (NEW YORK) — Employers hired far more workers than expected in September, defying a sharp slowdown over the summer that appeared to cool off the labor market. The U.S. added 119,000 jobs [Read More…]

Alex Wong/Getty Images (NEW YORK) — A long-awaited jobs report to be released on Thursday will offer the latest look at the health of the labor market at a fraught moment for the U.S. economy. [Read More…]

The NVIDIA logo is displayed on a mobile phone with the company branding visible in the background. Jonathan Raa/NurPhoto via Getty Images (NEW YORK) — Chip giant Nvidia exceeded Wall Street expectations for revenue over [Read More…]

The NVIDIA logo is displayed on a mobile phone with the company branding visible in the background. Jonathan Raa/NurPhoto via Getty Images (NEW YORK) — Financial results to be released on Wednesday by chipmaking-giant Nvidia will be [Read More…]

The Cloudflare logo appears on a smartphone screen and as the background on a laptop computer screen in this photo illustration in Athens, Greece, on October 31, 2025. (Photo by Nikolas Kokovlis/NurPhoto via Getty Images) [Read More…]

The Cloudflare logo appears on a smartphone screen and as the background on a laptop computer screen in this photo illustration in Athens, Greece, on October 31, 2025. (Photo by Nikolas Kokovlis/NurPhoto via Getty Images) [Read More…]

Injection pens for the weight-loss treatment Wegovy, manufactured by Novo Nordisk A/S, on display during a news conference in Mumbai, India, on Tuesday, June 24, 2025.(Photographer: Dhiraj Singh/Bloomberg via Getty Images) (NEW YORK) — The [Read More…]

Stephanie Keith/Getty Images (NEW YORK) — New York City Mayor-elect Zohran Mamdani, a democratic socialist who says he wants to hike taxes on the rich, set off alarm among some critics about a potential exodus [Read More…]

Hyoung Chang/The Denver Post (NEW YORK) — Starbucks baristas are set to walk off the job in dozens of U.S. cities on Thursday, aiming to galvanize public support and pressure the company on “Red Cup [Read More…]

The U.S. Capitol, November 11, 2025, on Capitol Hill in Washington, DC. (Win Mcnamee/Getty Images) (WASHINGTON) — The longest government shutdown in U.S. history could end as soon as Wednesday, ultimately putting hundreds of thousands of federal [Read More…]

Traders work on the floor of the New York Stock Exchange (NYSE) on Nov. 7, 2025 in New York City. (Spencer Platt/Getty Images) (NEW YORK) — Stocks closed markedly higher on Monday after the Senate voted hours [Read More…]

Aaron Schwartz/Bloomberg via Getty Images (NEW YORK) — President Donald Trump over the weekend vowed to provide each American a $2,000 dividend to be distributed from what he said was tariff revenue. “A dividend of [Read More…]

Traders work on the floor of the New York Stock Exchange (NYSE) on Nov. 7, 2025 in New York City. (Spencer Platt/Getty Images) (NEW YORK) — Stocks rose in early trading on Monday after the [Read More…]

Joe Raedle/Getty Images Tesla shareholders awarded CEO Elon Musk a pay package on Thursday that could grant the tech entrepreneur nearly $1 trillion in compensation over the next decade. The pay package would make Musk [Read More…]

Gabby Jones/Bloomberg via Getty Images (NEW YORK) — Exercise equipment company Peloton is voluntarily recalling approximately 833,000 exercise bikes due to a potential issue specific to the bike’s seat post, the company announced Thursday. According [Read More…]

rbkomar/Getty Images (NEW YORK) — Travelers with plans to fly amid the government shutdown are searching for refund policies related to flight delays or cancellations, as well as information on what resources are available to [Read More…]

Chip Somodevilla/Getty Images (WASHINGTON) –The Federal Reserve cut its benchmark interest rate a quarter of a percentage point on Wednesday, opting for its second interest rate cut this year in an effort to jumpstart the [Read More…]