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ABC News: Business

ABC News: Business


Stocks push higher on Wall Street, on track for weekly gain

Posted: 23 Jul 2021 08:41 AM PDT

Stocks rose on Wall Street Friday, putting the market on track for a strong finish in a week that opened with a stumble

Free money for all? Mayors hope local tests bring big change

Posted: 23 Jul 2021 07:37 AM PDT

Dozens of cities and counties and the state of California are experimenting with giving some low-income residents a guaranteed income of $500 to $1,000 each month to do with as they please, and tracking what happens

Germany toughens rules for travel from Spain, Netherlands

Posted: 23 Jul 2021 07:31 AM PDT

Germany is listing Spain and the Netherlands as “high-incidence areas.”

Americans spend again and American Express profit surges

Posted: 23 Jul 2021 06:34 AM PDT

American Express Co.’s second-quarter revenue surged as people started spending more at a time when many are getting vaccinated against COVID-19 and feel more comfortable going out to restaurants, shops and entertainment venues again

GM issues 2nd Bolt recall; faulty batteries can cause fires

Posted: 23 Jul 2021 06:58 AM PDT

General Motors is recalling some older Chevrolet Bolts for a second time to fix persistent battery problems that can set the electric cars ablaze

German railway: Floods caused $1.5 billion damage to network

Posted: 23 Jul 2021 06:12 AM PDT

Germany’s national railway operator has estimated that last week’s flooding caused damage worth 1.3 billion euros ($1.5 billion) to its network

Earnings scheduled for the week of 7/26/2021

Posted: 23 Jul 2021 03:00 AM PDT

Major companies tentatively scheduled to post quarterly earnings next week

California makes change to pay unemployment benefits faster

Posted: 22 Jul 2021 05:53 PM PDT

California has changed how it will pay unemployment benefits

Kaseya gets master decryption key after July 4 global attack

Posted: 22 Jul 2021 04:24 PM PDT

The Florida company whose software was exploited in the devastating Fourth of July weekend ransomware attack has received a universal key that will decrypt all of the more than 1,000 businesses and public organizations crippled in the global incident

Mercedes sketches out all-electric scenario by decade's end

Posted: 22 Jul 2021 02:48 PM PDT

Luxury carmaker Mercedes-Benz is stepping up its move into electric cars

Priest outed via Grindr app highlights rampant data tracking

Posted: 22 Jul 2021 02:31 PM PDT

When a religious publication used smartphone app data to deduce the sexual orientation of a high-ranking Roman Catholic official, it exposed a problem that goes far beyond a debate over church doctrine and priestly celibacy

Washington Post reporter sues paper for discrimination

Posted: 22 Jul 2021 02:24 PM PDT

Washington Post politics reporter Felicia Sonmez sued the paper and several of its current and former editors for discriminating against her as a victim of sexual assault

Twitter posts stronger-than-expected Q2 results, shares jump

Posted: 22 Jul 2021 01:36 PM PDT

Twitter has posted stronger-than-expected earnings for the second quarter

How major US stock indexes fared Thursday

Posted: 22 Jul 2021 01:21 PM PDT

Major indexes edged higher on Wall Street after a day of muted trading, preserving their gains for the week

CSX, Crocs rise; Las Vegas Sands, Southwest Airlines fall

Posted: 22 Jul 2021 01:16 PM PDT

Stocks that traded heavily or had substantial price changes Thursday: CSX, Crocs rise; Las Vegas Sands, Southwest Airlines fall

Closing prices for crude oil, gold and other commodities

Posted: 22 Jul 2021 12:34 PM PDT

Closing prices for crude oil, gold and other commodities, and foreign exchange levels

US average mortgage rates dip for 4th week; 30-year at 2.78%

Posted: 22 Jul 2021 10:58 AM PDT

Mortgage rates have fallen for the fourth straight week

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