Business News

The U.S. economy added 272,000 jobs in May, far surpassing economist expectations.

The iconic Victorian home featured in the sitcom "Full House" is on the market. Alexis Christoforous has the shocking sticker price.

Conspiracy theorist Alex Jones is seeking court permission to convert his personal bankruptcy reorganization to a liquidation

Putin repeats that Russia will consider sending weapons to adversaries of the West but doesn't name them

The home of Kevin McCallister’s hijinks is changing hands

Recreational pot sales are nearing reality in Ohio

The U.S. economy added 272,000 jobs in May.

ABC News business correspondent Alexis Christoforous analyzes the new job report numbers for the month of May.

President Vladimir Putin says that he sees no current threat to Russia’s sovereignty that would warrant the use of nuclear weapons but has again warned that Moscow could send arms to countries or groups to strike Western targets

US employers added a robust 272,000 jobs in May in a sign of continued economic strength

GameStop managed to narrow its losses in the first quarter, but the video game retailer’s revenue fell as sales weakened for hardware and accessories, software and collectibles

South African opposition parties are meeting and will continue crunch talks into next week to consider the ruling African National Congress’ offer to become part of a government of national unity

Stocks are mixed and Treasury yields are sharply higher after the government released a jobs report whose headline numbers came in hotter than expected but still showed some signs of moderating

They are called zombies, companies so laden with debt that they are just stumbling by on the brink of survival, struggling to pay even the interest on their loans and often just a bad business hit away from dying off for good

They are called zombies, companies so laden with debt that they are just stumbling by on the brink of survival, barely able to pay even the interest on their loans and often just a bad business hit away from dying off for good

A flurry of recent attacks in Iraq, apparently orchestrated by supporters of Iran-backed, anti-American militias, reflect surging anger against the United States, Israel’s top ally, over the war in Gaza

Fresh allegations are surfacing about Donald Trump's disrespectful behavior toward Black contestants on “The Apprentice,” the reality TV show he hosted from 2004 to 2015

Some of Detroit’s greatest musical exports performed at a concert celebrating the historic reopening of an 18-story structure that long symbolized their hometown’s decline

Official statistics say that China’s exports for May grew at their fastest pace in more than a year despite trade tensions, though imports fell short of analyst expectations

Data show China's exports in May beats expectations with 7.6% growth despite trade tensions

Prime Minister Narendra Modi — fresh from declaring victory in India’s election — offered few details on the agenda for his third term

The Philippines is planning one of the world's biggest buildouts of natural gas infrastructure, with almost two dozen power plants announced and ambitions to become a hub for liquified natural gas for the entire Asia-Pacific region

America’s employers added a strong 272,000 jobs in May, accelerating from April and a sign that companies are still confident enough in the economy to keep hiring despite persistently high interest rates

Billionaire media magnate and former New York City mayor Michael Bloomberg has agreed to partner with Marc Lore and Alex Rodriguez on their in-dispute attempt to purchase the Minnesota Timberwolves, according to a person with knowledge of the deal who ...

British tech magnate Mike Lynch has been cleared of charges alleging he orchestrated a fraud and conspiracy leading up to an $11 billion deal that turned into a costly albatross for Silicon Valley pioneer Hewlett Packard

U.S. stocks drifted to a mixed close as Wall Street’s momentum cooled following its latest record-setting day

A jury has exonerated British tech magnate Mike Lynch for his role in a disastrous $11 billion deal with Hewlett Packard

Benchmark U.S. crude oil for July delivery rose $1.48 to $75.55 per barrel Thursday

Prince Harry has been given permission to appeal the British government's rejection to provide him with police protection in the U.K. The Court of Appeal gave the Duke of Sussex the go-ahead to challenge a ruling earlier this year in the High Court

Kentucky's governor says electric vehicles have ignited enough momentum from job growth and investments to steer past any roadblocks from former President Donald Trump and other critics

U.S. antitrust enforcers have decided to investigate the roles Microsoft, Nvidia and OpenAI have played in the artificial intelligence boom, according to people familiar with the pending actions

Every June since the 1970s, across the United States, musicians, fans and industry professionals celebrate Black Music Month

Stocks that are traded heavily or had substantial price changes on Thursday: Lululemon Athletica, Smartsheet rise; Five Below, G-III Apparel fall

The average rate on a 30-year mortgage dipped to just below 7% this week, little relief for prospective homebuyers already facing the challenges of rising housing prices and a relatively limited inventory of homes on the market

Business reporter Alexis Christoforous answers your questions on emergency savings.

More than 1.2 million rechargeable lights are under recall in the U.S. and Canada following a report of one consumer death

Officials say residents in Atlanta no longer must boil water before drinking it

Federal investigators say an air traffic’s controller’s faulty assumption nearly caused a runway collision at a Texas airport last year

The Supreme Court is siding with Native American tribes who said they faced increased costs after taking over management of their own health care programs from the federal government

SpaceX’s mega rocket completes test flight without exploding

Artificial intelligence systems like ChatGPT could soon run out of what keeps making them smarter — the tens of trillions of words that people have written and shared online

U.S. families spend an average of $11,000 on child care each year.

SpaceX’s mega Starship rocket has completed its first full test flight, returning to Earth without exploding after blasting off from Texas

The number of Americans applying for jobless claims rose last week, but layoffs remain at healthy levels despite lingering inflation and high interest rates

European Central Bank cuts interest rates by quarter point, moving ahead of US Fed to lower credit costs for consumers.

Boeing's space capsule has arrived at the International Space Station after encountering thruster trouble

Robinhood Markets Inc. is buying crytocurrency exchange Bitstamp for about $200 million as the company looks to speed up its cryptocurrency expansion globally

Virginie Viard, the creative director of Chanel who replaced Karl Lagerfeld after his death, is leaving the fashion house

Inspired by an 18th century Scottish philosopher and the modern scourge of misinformation, Suzanne Collins is returning to the ravaged, post-apocalyptic land of Panem for a new “The Hunger Games” novel

French President Emmanuel Macron says France will provide Ukraine with its Mirage combat aircraft to be able to defend their country against Russian aggression