What does the closure of Saudi-Arabia’s East-West pipeline mean for gas prices?

Monday, September 14 by ABC News

(WASHINGTON) -- Global oil prices on Monday climbed to their highest level since May after Saudi Arabia shut down a key pipeline, choking worldwide crude supply and threatening to put upward pressure on U.S. gasoline prices.Brent crude, a major benchmark of worldwide oil prices,... Read More.

Amazon stops operations with 21 Air after deadly Miami cargo plane crash

Monday, September 14 by ABC News

(WASHINGTON) -- Amazon announced Sunday it's pausing operations with cargo carrier 21 Air following last week's cargo plane crash in Miami, which killed five people and injured five others. "After the tragic incident last weekend, we've spent time supporting the investigation and reviewing some... Read More.

Inflation holds steady at elevated level as Iran war pushes up gas prices

Friday, September 11 by ABC News

(WASHINGTON) -- Inflation held steady in August but price increases remained elevated as the Iran war continued to push up fuel prices months after it began. The reading matched economists' expectations.Prices rose 3.4% in August compared to a year earlier, maintaining the same level... Read More.

Anthropic says it blocked potential AI bioweapon misuse

Friday, September 11 by ABC News

(NEW YORK) -- Artificial intelligence company Anthropic says it blocked several possible attempts to use its AI technology for research that could potentially support the development of biological weapons, according to a new report from the company.Anthropic, the company behind the Claude AI assistant,... Read More.

How some influencers are reacting to followers’ economic woes

Thursday, September 10 by ABC News

(NEW YORK) -- If you're a millennial, you may remember the beauty and lifestyle influencers of the 2000s and 2010s. Back then, influencers were maximalists, competing to out-consume one another with walk-in closets filled with designer bags and shoes, and entire rooms dedicated to... Read More.

Oil prices climb over $100 per barrel as US war in Iran continues

Wednesday, September 9 by ABC News

(LONDON) -- The global price of oil topped $100 a barrel on Wednesday for the first time since July, as continued tensions between Iran and the United States added to uncertainty over future supply.The rise followed a statement on Tuesday by U.S. Central Command,... Read More.

US-Canada trade war threatens economic fallout in key midterm states

Wednesday, September 9 by ABC News

(NEW YORK) -- Barters Island Bees, a honey seller in Maine with flavors like "Gentle Ginger" and "Blueberry Lemon," grew year after year -- until a trade dispute broke out between the United States and Canada, chief executive Garret Denniston said.Sales shrank last year... Read More.

Apple announces first-ever foldable iPhone, starting at $1,999

Wednesday, September 9 by ABC News

(NEW YORK) -- Apple announced its first-ever foldable iPhone at its annual products event on Wednesday as customers worldwide watched for fresh products, as well as the debut of Apple CEO John Ternus.The foldable smartphone, called iPhone Duo, folds open like a book, producing... Read More.

TSA launches program allowing non-travelers past security

Tuesday, September 8 by ABC News

(NEW YORK) -- The Transportation Security Administration has launched a new program that allows some people without a plane ticket to go through airport security.The program, called Gateside by TSA PreCheck, allows eligible TSA PreCheck members to enter the secure area of participating airports... Read More.

Canada’s retaliatory tariffs hit US products as Trump warns of escalation

Tuesday, September 8 by ABC News

(WASHINGTON) -- Retaliatory tariffs issued by Canada hit some imports from the United States at one minute after midnight Eastern Time on Tuesday, intensifying a trade war between the longtime allies and risking an escalation from President Donald Trump.Levies as high as 50% apply... Read More.

ABC Business

What does the closure of Saudi-Arabia’s East-West pipeline mean for gas prices?

Amazon stops operations with 21 Air after deadly Miami cargo plane crash

Inflation holds steady at elevated level as Iran war pushes up gas prices

Anthropic says it blocked potential AI bioweapon misuse

How some influencers are reacting to followers’ economic woes

Oil prices climb over $100 per barrel as US war in Iran continues

US-Canada trade war threatens economic fallout in key midterm states

Apple announces first-ever foldable iPhone, starting at $1,999

TSA launches program allowing non-travelers past security

Canada’s retaliatory tariffs hit US products as Trump warns of escalation

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