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1 hour ago

Judge revives Obama-era ban on coal sales from US lands

A federal judge has reinstated a moratorium on coal leasing from federal lands that was imposed under former President Barack Obama and then scuttled under former President Donald Trump
1 hour ago
2 hours ago

Inflation Reduction Act may have little impact on inflation

With inflation raging near its highest level in four decades, the House gave final approval to President Joe Biden’s landmark Inflation Reduction Act
2 hours ago
2 hours ago

Publisher of USA Today, other papers axes staff to cut costs

Newspaper publisher Gannett Co. confirmed Friday that it’s laying off some of its newsroom staff as part of a cost-cutting effort to lower its expenses as its revenue crumbles amid a downturn in ad sales and customer subscriptions
2 hours ago
2 hours ago

California governor proposes extending nuclear plant's life

California Gov. Gavin Newsom is proposing to extend the life of the state’s last operating nuclear power plant by at least five to 10 years to maintain reliable power supplies in the climate change era
2 hours ago
3 hours ago

Wall Street extends winning streak to 4th week

Stocks are closing higher on Wall Street, giving the S&P 500 its first 4-week winning streak since November
3 hours ago
3 hours ago

Amazon's Ring, MGM to launch show from viral doorbell videos

Amazon-owned companies Ring and Hollywood studio MGM are partnering to create a TV show in the mold of “America’s Funniest Home Videos."
3 hours ago
4 hours ago

How major US stock indexes fared Friday 8/12/2022

Stocks are closing higher on Wall Street, giving the S&P 500 its first 4-week winning streak since November
4 hours ago
4 hours ago

Illumina, ResMed fall; Broadridge, Humana rise

Stocks that traded heavily or had substantial price changes Friday: Illumina, ResMed fall; Broadridge, Humana rise
4 hours ago
4 hours ago

Oil shipments from Russia resume to Czechia

Oil shipments from Russia through a critical pipeline to Czechia have resumed after more than a week
4 hours ago
August 12

Dems near congressional passage of climate, health package

Democrats are pushing their landmark climate and health care bill toward final congressional approval
August 12
August 12

Closing prices for crude oil, gold and other commodities

Benchmark U.S. crude oil for September delivery fell $2.25 to $92.09 a barrel Friday
August 12
August 12

Best Buy trims jobs after it cuts sales and profit outlook

Best Buy, the nation’s largest consumer electronics chain, is trimming jobs in an effort to adjust to new changes in consumer behavior as the virus wanes
August 12
August 12

Pipeline break spills 45,000 gallons of diesel in Wyoming

A pipeline carrying diesel has cracked open and spilled more than 45,000 gallons of fuel in a rural area of eastern Wyoming
August 12
August 12

California governor proposes extending nuclear plant's life

California Gov. Gavin Newsom is proposing to extend the life of the state’s last operating nuclear power plant by at least five to 10 years to maintain reliable power supplies in the climate change era
August 12
August 12

Ship reaches Ukraine to load up with wheat for hungry Africa

A ship has docked in a Ukrainian Black Sea port to begin loading wheat for hungry people in Ethiopia
August 12
August 12

EXPLAINER: How is inflation affecting commuting costs?

Gas prices have fallen from the record highs they reached earlier this summer, but they’re still higher than a year ago
August 12
August 12

Poland: 'Huge' amounts of chemical waste dumped into river

Poland’s prime minister says “huge amounts of chemical waste” were probably dumped intentionally into the Oder River, which runs along the border with Germany
August 12
August 12

6 ways to protect your retirement from rising inflation

ABC News correspondent Alexis Christoforous outlines ways Americans can safeguard their retirement from rising inflation.
August 12
August 12

European drought dries up rivers, kills fish, shrivels crops

An unprecedented drought is afflicting nearly half of Europe
August 12
August 12

J&J to end sales of baby powder with talc globally next year

Johnson & Johnson is pulling baby powder containing talc worldwide next year after it did the same in the U.S. and Canada amid thousands of lawsuits claiming it had caused cancer
August 12
August 12

In Biden's big bill: Climate, health care, deficit reduction

The biggest investment ever in the U.S. to fight climate change
August 12
August 12

Portugal: EU eyes Iberia-Italy pipeline to get gas to Europe

Portugal’s prime minister says European authorities are considering a liquefied natural gas pipeline from Spain to Italy
August 12
August 12

Two years on, foundations stand by issuing bonds in pandemic

The Ford Foundation took the unprecedented step of issuing $1 billion in debt to help stabilize other nonprofits in June 2020
August 12
August 12

Kenya media council: 'No one' asked to stop election tallies

The head of Kenya’s government-created media council says local media outlets haven’t been asked to stop their counting of presidential election results after observers noticed a dramatic slowdown in reporting on the close contest
August 12
August 12

South Korea to pardon Samsung's Lee, other corporate giants

South Korea’s president will formally pardon Samsung heir Lee Jae-yong, one year after he was released on parole from a prison sentence for bribing former President Park Geun-hye as part of the massive corruption scandal that toppled Park’s government
August 12
August 12

UK economy shrinks in 2nd quarter, sharpening recession fear

The United Kingdom's economy shrank in the three months to June
August 12
August 12

Asian shares mixed after new signs of cooling inflation

Shares are mixed in Asia after a muddled day on Wall Street, where benchmarks meandered following another encouraging report about inflation
August 12
August 11

Over $2B announced for roads, bridges, bike lanes across US

Numerous transportation projects across the U.S. will be getting a slice of $2.2 billion of new federal funding
August 11
August 11

Sweeping climate bill pushes American energy to go green

Congress is poised to pass a transformative climate change fighting bill
August 11
August 11

OSHA investigates deaths of Amazon workers in New Jersey

Federal work-safety investigators are looking into the death of an Amazon worker and an injury that potentially lead to the death of another employee
August 11
August 11

FTC looking at rules to corral tech firms' data collection

Whether it's the fitness tracker on your wrist, the “smart” home appliances in your house or the latest kids’ fad going viral in online videos, they all produce a trove of personal data for big tech companies
August 11
August 11

Gas prices dip just below $4 for the first time in 5 months

U.S. gas prices have dipped under $4 a gallon for the first time in more than five months
August 11
August 11

Clinton initiative's NYC return includes Andres, Queen Rania

World Central Kitchen founder Jose Andres, Jordan’s Queen Rania, BlackRock CEO Larry Fink and “Hamilton” creator Lin-Manuel Miranda will help relaunch the Clinton Global Initiative in September
August 11
August 11

Clinton initiative's NYC return includes Andres, Queen Rania

World Central Kitchen founder Jose Andres, Jordan’s Queen Rania, BlackRock CEO Larry Fink and “Hamilton” creator Lin-Manuel Miranda will help relaunch the Clinton Global Initiative in September
August 11
August 11

Over $2B announced for roads, bridges, bike lanes across US

Numerous transportation projects across the U.S. will be getting a slice of $2.2 billion of new federal funding
August 11
August 11

Over $2B announced for roads, bridges, bike lanes across US

Numerous transportation projects across the U.S. will be getting a slice of $2.2 billion of new federal funding
August 11
August 11

How major US stock indexes fared Thursday 8/11/2022

An afternoon pullback left stock indexes on Wall Street mixed Thursday, erasing most of their morning gains fueled by another encouraging report about inflation
August 11
August 11

Disney, Dillard's rise; Six Flags, Sonos fall

Stocks that traded heavily or had substantial price changes Thursday: Disney, Dillard’s rise; Six Flags, Sonos fall
August 11
August 11

Closing prices for crude oil, gold and other commodities

Benchmark U.S. crude oil for September delivery rose $2.41 to $94.34 a barrel Thursday
August 11
August 11

EXPLAINER: How is inflation affecting commuting costs?

Gas prices have fallen from the record highs they reached earlier this summer, but they’re still higher than a year ago
August 11
August 11

Wildfires spread, fish die off amid severe drought in Europe

More than 1,000 firefighters in France are struggling to contain a huge wildfire burning through pine forests
August 11
August 11

Weekly jobless claims report shows 262,00 people filed unemployment claims

Wholesale prices are up 9.8% over the last year as of July, and 262,000 people filed unemployment claims last week, an increase of 14,000 from the week before.
August 11
August 11

US key 30-year mortgage rate jumps back over 5%, now 5.22%

Average long-term U.S. mortgage rates soared this week in a continued volatile market as the key 30-year loan rate jumped back over 5%
August 11
August 11

EU says US electric vehicle tax credit could break WTO rules

The European Union says a new U.S. tax credit plan aimed at encouraging Americans to buy electric vehicles could discriminate against European producers and break world trade rules
August 11
August 11

Big Mac is coming back: McDonald's to reopen in Ukraine

McDonald’s will begin reopening some of its restaurants in Ukraine in the coming months
August 11
August 11

US wholesale inflation fell in July for 1st time in 2 years

Prices at the wholesale level fell from June to July, the first month-to-month drop in more than two years and a sign that some of the U.S. economy’s inflationary pressures cooled last month
August 11
August 11

Wholesale prices, inflation data show improvement

ABC News business reporter Alexis Christoforous breaks down the latest inflation reports, which show wholesale prices dropped 0.5% and 262,000 people filed for unemployment claims.
August 11
August 11

Tips for saving on your commute amid high inflation

Gas prices are falling but still high
August 11
August 11

Growth in corporate profits may not be as strong as it seems

Wall Street’s big gains this summer have been spread widely across industries
August 11
August 11

Give & take: West gives Ukraine weapons, bans Russian coal

Western nations make more pledges to send arms to Ukraine while the European Union’s full ban on Russian coal imports kicks in on Thursday amid claims sanctions against Moscow now even affected its defense exports
August 11