ABC Business

Why are mortgage rates at their lowest level since 2024?

Friday, January 2 by ABC News

(NEW YORK) -- Mortgage rates this week fell to their lowest level in 15 months, easing borrowing costs for homebuyers eager for a thaw in the housing market in 2026.The average interest rate on a 30-year fixed mortgage stands at 6.15%, plummeting... Read More.

What did holiday shopping reveal about the US economy?

Wednesday, December 31 by ABC News

(NEW YORK) -- Holiday shopping season sets forth an annual gut check for the U.S. economy, prompting buyers to splurge in a show of optimism or cut back out of fear of what next year holds.In 2025, shoppers opened their... Read More.

The new cars and SUVs everyone will be talking about in 2026

Wednesday, December 31 by ABC News

(NEW YORK) -- If you're looking for a new set of wheels next year, the choices can be overwhelming.From 3-row SUVs to wagons and futuristic electric vehicles, buyers can select from a wide range of powertrains, prices and body styles.Which models are already generating... Read More.

The stock market surged in 2025. What do experts think could happen in 2026?

Wednesday, December 31 by ABC News

(NEW YORK) -- The stock market surged to record highs in 2025, hurtling past tariffs, a government shutdown and fears of a bubble in artificial intelligence.The S&P 500 -- the index that most people's 401(k)s track -- climbed about 17% this year, as of... Read More.

What’s driving the rollercoaster in gold and silver prices?

Tuesday, December 30 by ABC News

(NEW YORK) -- Silver prices on Monday suffered their largest single-day drop in almost five years, before rebounding nearly 8% in midday trading on Tuesday. Some other precious metals, including gold, rode a similar rollercoaster.The turbulent stretch comes near the end of a banner... Read More.

These states will raise the minimum wage in 2026

Monday, December 29 by ABC News

(NEW YORK) -- Nearly 20 U.S. states are set to raise their minimum wage in 2026, boosting pay for millions of workers spanning from Arizona to New Jersey.A mix of Republican- and Democrat-controlled states will raise their wage floors on Jan. 1 in keeping... Read More.

US economy grew more than expected in 3rd quarter

Tuesday, December 23 by ABC News

(NEW YORK) -- The U.S. economy expanded more than economists expected over a recent three-month period, recording robust growth despite concerns about sluggish hiring and cash-strappped shoppers, federal government data on Tuesday showed.The U.S. economy grew at an annualized rate of 4.3% in the... Read More.

What Trump’s threatened ‘blockade’ on sanctioned Venezuelan oil tankers means for gas prices

Saturday, December 20 by ABC News

(NEW YORK) -- Oil prices jumped about 3% after President Donald Trump this week threatened to blockade all sanctioned oil tankers traveling in and out of Venezuela.Venezuela, which has the largest known oil reserves in the world, exports hundreds of thousands of barrels of... Read More.

Inflation report to be released Thursday expected to show slight uptick in November

Thursday, December 18 by ABC News

(WASHINGTON) -- An inflation report to be released on Thursday will offer a look at price increases for the first time in nearly two months, after the 43-day government shutdown impaired data collection.The fresh data is set to arrive amid an uptick of inflation... Read More.

Warner Bros. board tells shareholders to reject Paramount offer in favor of Netflix

Wednesday, December 17 by ABC News

(NEW YORK) -- The board at Warner Bros. Discovery Inc. said early on Wednesday that its members had unanimously recommended that shareholders reject Paramount Skydance's bid for the company in favor of Netflix's earlier bid."Following a careful evaluation of Paramount's recently launched tender offer,... Read More.

Why are mortgage rates at their lowest level since 2024?

What did holiday shopping reveal about the US economy?

The new cars and SUVs everyone will be talking about in 2026

The stock market surged in 2025. What do experts think could happen in 2026?

What’s driving the rollercoaster in gold and silver prices?

These states will raise the minimum wage in 2026

US economy grew more than expected in 3rd quarter

What Trump’s threatened ‘blockade’ on sanctioned Venezuelan oil tankers means for gas prices

Inflation report to be released Thursday expected to show slight uptick in November

Warner Bros. board tells shareholders to reject Paramount offer in favor of Netflix

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