(NEW YORK) -- The Dow Jones Industrial Average plunged more than 850 points on Monday, as renewed fears over the delta coronavirus variant cast a shadow on the economy's post-pandemic recovery. Anxieties over potential inflation have increased in recent months despite reassurances from Federal Reserve Chair... Read More.
(NEW YORK) -- The Dow Jones Industrial Average plunged more than 775 points -- or 2.25% -- early Monday, as renewed fears over the delta coronavirus variant cast a shadow on the economy's post-pandemic recovery. The S&P 500 was down some 1.9% and the tech-heavy... Read More.
(NEW YORK) -- Thousands of Cubans have been protesting food, vaccine and medicine shortages, in the one of the country's largest demonstrations in decades. Some residents went days without power in the summer heat, while others continue to be forced to wait in long lines... Read More.
(REHOBOTH BEACH, Del.) -- President Joe Biden on Friday called the May jobs report "great news" about the economic recovery from the pandemic, touting that his administration has led a historic rebound. The U.S. economy added 559,000 jobs last month and the unemployment rate fell... Read More.
By CATHERINE THORBECKE, ABC News(LONDON) -- The blockage of the Suez Canal by a ship the size of the Empire State Building has stoked economic anxieties around the globe, that only escalate each day the critical maritime trade route remains... Read More.
By LIBBY CATHEY, JACK ARNHOLZ, LAUREN KING, MICHELLE STODDART and CATHERINE THORBECKE, ABC News(WASHINGTON) -- This is Day 10 of the administration of President Joe Biden and Vice President Kamala Harris.Here is how events are unfolding. All times... Read More.
By STEPHANIE EBBS and SARAH KOLINOVSKY, ABC News (WASHINGTON) -- President Joe Biden took a series of actions on climate change on his seventh full day in office, fulfilling campaign promises such as freezing new oil and gas leasing on federal land and... Read More.
By LIBBY CATHEY, ADIA ROBINSON, JACK ARNHOLZ, MEREDITH DELISO, LAUREN KING and MICHELLE STODDART, ABC News(WASHINGTON) -- This is Day Three of the administration of President Joe Biden and Vice President Kamala Harris.Here is how events are unfolding.... Read More.
By ADISA HARGETT-ROBINSON, ABC News(WASHINGTON) -- Part of the conversation about the recent racial reckoning in the United States amid the Black Lives Matter movement surrounds economic injustice. Inequity in home ownership between white and Black Americans, a scarcity of... Read More.
By LIBBY CATHEY, KENNEDEY BELL, LAUREN KING and ADIA ROBINSON, ABC News(WASHINGTON) -- President Donald Trump is slated to hand over control of the White House to President-elect Joe Biden in five days.The House of Representatives on Wednesday... Read More.
By MOLLY NAGLE and BENJAMIN SIEGEL, ABC News(WASHINGTON) -- In an address Thursday night, President-elect Joe Biden announced his vaccination and economic rescue legislative package, an ambitious $1.9 trillion proposal focused on stimulus amid the continued COVID-19 pandemic that has... Read More.
By JOOHEE CHO and HAKYUNG KATE LEE, ABC News (SEOUL, South Korea) -- North Korean leader Kim Jong Un, in an unprecedented move during the first day of the communist regime's largest political gathering, acknowledged that his economic development plan for the country... Read More.