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Global shares slide as Russia-Ukraine conflict, OPEC+ output plan push prices higher
Global shares have fallen and oil prices jumped as trade tensions and the Russian-Ukraine conflict ratcheted up geopolitical uncertainty
June 02, 2025Target CEO says tariffs risk 'massive' costs, but price hikes a 'last resort'
The company reported a drop in sales in its most recent quarter.
May 21, 2025What is a stablecoin and what could it mean for your finances?
The crypto tokens could change everyday payments. But they pose risks.
May 28, 2025
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1 hour ago
Trump's hike of steel and aluminum tariffs could raise these prices
Big-ticket items and grocery staples could see price increases, experts say.
1 hour ago
2 hours ago
Newark airport runway project wraps up early, so when will flight limits ease?
A construction project on one of Newark Liberty International airport’s three main runways wrapped up nearly two weeks early, so the Federal Aviation Administration should be able to ease flight limits on New Jersey’s biggest airport soon, but the shor...
2 hours ago
June 02
EU readying 'countermeasures' if tariffs deal with US crumbles
The European Union is preparing “countermeasures” against the United States if the two sides cannot reach a deal after surprise U.S. tariffs on steel rattled global markets and complicated the ongoing negotiations between Brussels and Washington
June 02
June 02
Damascus stock exchange reopens after 6-month closure
Trading has resumed on the Damascus Securities Exchange after a six-month closure, as Syria’s new leaders attempt to shore up the country’s battered economy and begin rebuilding after nearly 14 years of civil war
June 02
June 02
Britain is getting a defense boost aimed at sending a message to Moscow, and to Trump
The U.K. will build new nuclear-powered attack submarines and create an army ready to fight a war in Europe as part of a boost to military spending
June 02
June 02
The election of a Trump ally in Poland could alter EU and Ukraine policies
Poland has elected Karol Nawrocki, a nationalist conservative, as its next president — a win that signals a turn to the right in one of the European Union's member states
June 02
June 02
China blasts US for its computer chip moves and for threatening student visas
China has blasted the U.S. for issuing AI chip export control guidelines, stopping the sale of chip design software to China, and planning to revoke Chinese student visas
June 02
June 02
Global shares slide as Russia-Ukraine conflict, OPEC+ output plan push prices higher
Global shares have fallen and oil prices jumped as trade tensions and the Russian-Ukraine conflict ratcheted up geopolitical uncertainty
June 02
June 01
In Uganda, an affordable alternative to dirt floors is a big boost to human health
In Uganda, where more than 40% of the population live in extreme poverty, many families live in homes with dirt floors
June 01
June 01
'Lilo & Stitch' passes 'Sinners' to become 2nd highest grossing film of 2025
“Lilo & Stitch” has once again placed first on the box office charts
June 01
June 01
How this European carmaker is getting more Americans to drive convertibles
Daniel Lescow says he's trying to make the brand "more desirable."
June 01
May 31
Spike in steel tariffs could imperil Trump promise of lower grocery prices
President Donald Trump’s doubling of tariffs on foreign steel and aluminum could hit Americans in an unexpected place: grocery aisles
May 31
May 31
FDA approves Moderna's new lower-dose COVID-19 vaccine
The Food and Drug administration has approved a new COVID-19 vaccine made by Moderna but with limits on who can use it
May 31
May 31
Bulgarian nationalists protest government plans to adopt the euro currency
Thousands Bulgarians have protested government plans to adopt the euro and are demanding a referendum on the new currency
May 31
May 31
The Black hair industry imports products from China. Here's what tariffs mean for braids and wigs
Black women are starting to pay more for their hair care because of the Trump administration’s tariffs on goods imported from China
May 31
May 30
Will Trump's tariffs survive legal challenges? Experts weigh in.
A complete revival of the policy faces formidable obstacles, experts said.
May 30
May 30
British government is out of the banking business with sales of remaining shares in NatWest
The British government says it sold its remaining shares in NatWest
May 30
May 30
Dozens sickened in expanding salmonella outbreak linked to recalled cucumbers
Federal health officials say at least 45 people in 18 states have been sickened in an expanding salmonella outbreak tied to recalled cucumbers
May 30
May 30
Colorado's governor vetoes landmark ban on rent-setting algorithms
Democratic Gov. Jared Polis has vetoed a bill that would have made Colorado the first state to ban landlords from using rent-setting algorithms
May 30
May 30
New York Mets hire Lew Sherr from the US Open tennis tournament as president of business operations
The New York Mets are hiring U.S. Tennis Association CEO Lew Sherr as their new president of business operations
May 30
May 30
Army Corps analysis finds Great Lakes pipeline tunnel would have sweeping environmental impacts
The U.S. Army Corps of Engineers has released a draft analysis of the environmental effects of building a protective tunnel around an aging Enbridge oil pipeline running beneath a channel connecting two Great Lakes
May 30
May 30
Shop Asian-owned businesses to celebrate AAPI Heritage Month
“GMA” lifestyle contributor Lori Bergamotto and ABC News' Ashan Singh highlight products from Asian-owned businesses.
May 30
May 30
Oreo maker Mondelez sues Aldi, alleging chain copies packaging to confuse shoppers
Snack food maker Mondelez International is suing the Aldi supermarket chain for packaging its store-brand cookies and crackers in a way that “blatantly copies” products like Chips Ahoy and Wheat Thins
May 30
May 30
US inflation gauge cools with little sign of tariff impact, so far
A key U.S. inflation gauge slowed last month as President Donald Trump’s tariffs have yet to noticeably push up prices, while American incomes jumped
May 30
May 30
Russian captain denies manslaughter in North Sea collision, faces UK trial in January
The Russian captain of a cargo ship that collided with a U.S. tanker in the North Sea has pleaded not guilty to manslaughter
May 30
May 30
New Zealand hails 'breakthrough' in trade talks with India, but no timeline for deal
New Zealand’s deputy prime minister says that talks over a free trade agreement between his country and India were ongoing
May 30
May 30
Asian shares mostly decline as uncertainty grows about what's next with Trump's tariffs
Asian shares are trading mostly lower, as uncertainty grew about what will happen next after a U.S. court blocked many of President Donald Trump’s sweeping tariffs
May 30
May 30
Trump holding Pennsylvania rally to promote deal for Japan-based Nippon to 'partner' with US Steel
President Donald Trump is holding a rally in Pennsylvania on Friday to celebrate a details-to-come deal for Japan-based Nippon Steel to invest in U.S. Steel
May 30
May 29
US moves to dismiss Boeing prosecution, asks judge to cancel trial over crashes
The U.S. Justice Department has formally moved to dismiss a criminal fraud charge against Boeing and asked a judge to cancel an upcoming trial connected to two plane crashes that killed 346 people
May 29
May 29
Japan says China will resume Japanese seafood imports it halted over water discharge
Japan says China will resume imports of Japanese seafood that it banned in August 2023 over the discharge of wastewater from the damaged Fukushima Daiichi nuclear power plant into the sea
May 29
May 29
Japan says China will resume imports of Japanese seafood it banned in 2023 over the discharge of Fukushima wastewater
Japan says China will resume imports of Japanese seafood it banned in 2023 over the discharge of Fukushima wastewater
May 29
May 29
Puerto Rico governor pledges to improve island's crumbling power grid after repeated outages
Puerto Rico’s governor has pledged to improve the island’s crumbling electric grid and boost the economy in her first address after being elected as anger intensifies over chronic power outages and an increase in cost-of-living expenses
May 29
May 29
CVS and Express Scripts sue Arkansas over restriction on pharmacy benefit managers
CVS and Express Scripts are asking a federal judge to block an Arkansas law prohibiting pharmacy benefit managers from owning or operating pharmacies in the state
May 29
May 29
Think your return to the office was rough? Musk faces some big challenges
Elon Musk is leaving Washington after a short but turbulent stint in government and getting back to his numerous businesses, each with their own set of issues for the billionaire to address
May 29
May 29
Trump administration reverses planned closures of 3 dozen US mine safety offices
The Trump administration is dropping plans to terminate leases for 34 offices in the Mine Safety and Health Administration
May 29
May 29
Wrongful death lawsuit says Big Oil contributed to heat wave and woman's death
A Washington state woman is suing seven oil and gas companies, saying they contributed to an extraordinarily hot day that led to her mother’s fatal hyperthermia in one of the nation’s first wrongful-death claims seeking to hold the fossil fuel industry...
May 29
May 29
Ex-Goldman Sachs banker gets 2 years in prison for plot to fleece billions from Malaysia's 1MDB fund
A former Goldman Sachs banker has been sentenced to two years in federal prison for his role in a $4.5 billion scheme to ransack a Malaysian state investment fund
May 29
May 29
Google, Justice Department face off in climactic showdown in search monopoly case
Google will return to federal court Friday to fend off the U.S. Justice Department’s attempt to topple its internet empire at the same time it’s navigating a pivotal shift to artificial intelligence that could undercut its power
May 29
May 29
Stocks close higher after mixed rulings on Trump's tariffs
A ruling halted some of Trump's tariffs, before an appeals court revived them.
May 29
May 29
Appeals court delays ruling that blocked Trump's tariffs
A federal appeals court is temporarily delaying Wednesday's court order blocking President Donald Trump’s tariffs.
May 29
May 29
Appeals court revives Native American challenge to $10B SunZia energy transmission project
A federal appeals court has sided with Native American tribes in their fight against the federal government over a $10 billion energy transmission line that will carry wind-generated electricity from New Mexico to customers as far away as California
May 29
May 29
Nebraska Republicans sought to weaken voter-backed paid sick leave. A Democrat helped them do it.
The Nebraska Legislature has passed a bill that significantly weakens a voter-backed measure requiring employers to offer paid sick leave
May 29
May 29
Court's tariffs ruling offers US businesses a reprieve but they aren't ready to celebrate
Businesses that have been unsettled by President Donald Trump’s on again, off again tariffs don't know how much faith to put in the reprieve from a federal court that halted most of the taxes on foreign imports
May 29
May 29
White House goes after judges who've ruled against tariff policy
White House press secretary Karoline Leavitt opened her briefing with a lengthy attack on the legal setbacks. She called it "judicial overreach" and called on the nation's highest court to step in.
May 29
May 29
Trump meets with the Federal Reserve chairman he has repeatedly scorned
President Donald Trump met with Federal Reserve Chair Jerome Powell and the two discussed the economy but not Powell’s outlook for interest rates, the Fed said
May 29
May 29
African Development Bank elects top economist as president to face funding challenges
The African Development Bank Group has elected Mauritanian economist Sidi Ould Tah as its ninth president
May 29
May 29
Average rate on 30-year mortgage rises to 6.89%, highest level since early February
The average rate on a 30-year mortgage in the U.S. rose this week to its highest level since early February, further pushing up borrowing costs for homebuyers
May 29
May 29
Hailey Bieber turns Rhode into riches in $1B deal
ABC News’ Alexis Christoforous reports on e.l.f. Beauty’s acquisition of Hailey Bieber's skincare brand.
May 29
May 29
What to know about the new JetBlue-United partnership
The move is set to affect bonus miles, loyalty rewards and booking.
May 29
May 29
Judge denies bail to crypto investor charged with kidnapping and torturing man in posh NYC townhouse
A grand jury has indicted a crypto investor who was charged with kidnapping and torturing a man for weeks in an upscale Manhattan townhouse
May 29