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38 minutes ago

Gas prices fall below $4 for 1st time since March

In Texas, the state with the lowest gas prices, a gallon costs $3.49.
38 minutes ago
Gas prices are displayed at an Exxon gas station on July 29, 2022 in Houston.
2 hours ago

Asian shares track Wall Street gains on cooling inflation

Shares have advanced in Asia after benchmarks closed at three-month highs on Wall Street as investors cheered a report showing inflation cooled more than expected in July
2 hours ago
A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, Aug. 11, 2022. Shares advanced Thursday in Asia after benchmarks closed at three-month highs on Wall Street as investors cheered a report showing inflation cooled more than expected in July. (AP Photo/Ahn Young-joon)
2 hours ago

Russia struggles to replenish its troops in Ukraine

The Kremlin has refused to announce a full-blown mobilization as Russia suffers military losses in its invasion of Ukraine which is nearing its sixth month
2 hours ago
FILE - A Russian mine clearing expert with a dog works to find and defuse mines along the high voltage line in Mariupol, on the territory which is under the Government of the Donetsk People's Republic control, eastern Ukraine, Wednesday, July 13, 2022. Despite getting bogged down in Ukraine, the Kremlin has resisted announcing a full-blown mobilization, a move that could prove to be very unpopular for President Vladimir Putin. That has led instead to a covert recruitment effort that includes trying to get prisoners to make up for the manpower shortage. This photo was taken during a trip organized by the Russian Ministry of Defense. (AP Photo, File)
3 hours ago

Cancellation of Atlanta festival sparks new fight over guns

The cancellation of a major music festival in Atlanta has ignited a new fight over Georgia gun laws
3 hours ago
FILE - Billie Eilish performs on stage during Day 2 of Music Midtown 2019 in Atlanta, Sept. 15, 2019. The cancellation of the major music festival has ignited a new fight over Georgia gun laws. Live Nation has refused to say why it abruptly called off September 2022’s Music Midtown festival. (Photo by Paul R. Giunta/Invision/AP, File)
3 hours ago

Cancellation of Atlanta festival sparks new fight over guns

The cancellation of a major music festival in Atlanta has ignited a new fight over Georgia gun laws
3 hours ago
FILE - Billie Eilish performs on stage during Day 2 of Music Midtown 2019 in Atlanta, Sept. 15, 2019. The cancellation of the major music festival has ignited a new fight over Georgia gun laws. Live Nation has refused to say why it abruptly called off September 2022’s Music Midtown festival. (Photo by Paul R. Giunta/Invision/AP, File)
4 hours ago

Asian shares track Wall Street gains on cooling inflation

Shares have advanced in Asia after benchmarks closed at three-month highs on Wall Street as investors cheered a report showing inflation cooled more than expected in July
4 hours ago
Traders work on the floor at the New York Stock Exchange in New York, Wednesday, Aug. 10, 2022. (AP Photo/Seth Wenig)
August 11

Metallica, Mariah Carey headline Global Citizen NYC concert

Metallica, Mariah Carey and The Jonas Brothers will headline a free concert in New York’s Central Park to mark the 10th anniversary of the Global Citizen Festival on Sept. 24
August 11
August 10

Japan PM purges Cabinet after support falls over church ties

Japanese Prime Minister Fumio Kishida has reshuffled his Cabinet in a bid to distance his administration from the conservative Unification Church over its ties to the assassinated leader Shinzo Abe and senior ruling party members
August 10
Japanese Prime Minister Fumio Kishida poses for a photo before a meeting with his party members including Toshimitsu Motegi, second left, and Taro Aso, second right, at the party's headquarters in Tokyo, Wednesday, Aug. 10, 2022. Kishida is set to reshuffle his Cabinet on Wednesday in a move seen as trying to distance his administration from controversial ties to the Unification Church following former leader Shinzo Abe's assassination. (Yohei Fukai/Kyodo News via AP)
August 10

Elon Musk sells $7B in Tesla shares ahead of Twitter fight

Elon Musk has sold nearly $7 billion worth of shares in Tesla as the billionaire gets his finances in order ahead of his court battle with Twitter
August 10
FILE - Tesla CEO Elon Musk speaks before unveiling the Model Y at the company's design studio on March 14, 2019, in Hawthorne, Calif. Musk is selling about 8 million Tesla shares worth nearly $7 billion as the billionaire looks to get his finances in order ahead of his court battle with Twitter. (AP Photo/Jae C. Hong, File)
August 10

Disney+ ad-free subscription cost to rise by 38% in December

Disney said it is raising prices for streaming subscribers in the U_S_ who want to watch Disney+ without ads as more viewers switch to what CEO Bob Chapek described Wednesday as the “best value in streaming.”
August 10
FILE - In this Nov. 13, 2019, photo, a Disney logo forms part of a menu for the Disney Plus movie and entertainment streaming service on a computer screen in Walpole, Mass. Disney said Wednesday, Aug. 10, 2022, it is raising prices for streaming subscribers in the U.S. who want to watch Disney+ without ads, as more viewers switch to what CEO Bob Chapek described Wednesday as the “best value in streaming.” (AP Photo/Steven Senne, File)
August 10

Judge: Walgreens contributed to San Francisco opioid crisis

A federal judge has ruled that Walgreens can be held responsible for contributing to San Francisco’s opioid crisis for over-dispensing opioids for years without proper oversight and failing to identify and report suspicious orders as required by law
August 10
FILE - Window shoppers look at a Walgreens storefront in San Francisco on June 26, 2006. A federal judge ruled Wednesday, Aug. 10, 2022, that the pharmacy chain Walgreens can be held responsible for contributing to San Francisco's opioid crisis for over-dispensing opioids for years without proper oversight and failing to identify and report suspicious orders as required by law. (AP Photo/Ben Margot, File)
August 10

Travelers are starting to get a break from higher airfares

Air travelers are finally getting a break on fares
August 10
FILE - A passenger passes by a sign for the Transportation Security Administration's TSA PreCheck line in Terminal A at Logan Airport in Boston, Monday, June 27, 2016. Air travelers are finally getting a break on fares. The government said Wednesday, Aug. 10, 2022, that the average airfare dropped nearly 8% in July compared with June, to $311. (AP Photo/Charles Krupa, File)
August 10

Inflation slows slightly in July as prices increase 8.5% in past year

ABC News’ Alexis Christoforous and Kenneth Moton break down the latest inflation report, which showed inflation slowing in July from the previous month.
August 10
VIDEO: Inflation slows slightly in July as prices increase 8.5% in past year
August 10

July inflation remains steady as food, shelter rise

Experts are "cautiously optimistic" as inflation slows.
August 10
August 10

How major US stock indexes fared Wednesday 8/10/2022

Stocks closed at three-month highs on Wall Street as investors cheered a report showing inflation cooled more than expected in July
August 10
August 10

EXPLAINER: Mixed US inflation signs. Where are prices going?

Consumers struggling with skyrocketing prices for food, gas, autos and rent got a tantalizing hint of relief last month, when prices didn’t budge at all from June after 25 straight months of increases
August 10
FILE - A motorist fills up the tank on a sedan, on July 22, 2022, in Saratoga, Wyo. Falling gas prices gave Americans a slight break from the pain of high inflation last month, though the surge in overall prices slowed only modestly from the four-decade high it reached in June. (AP Photo/David Zalubowski, File)
August 10

Rhine River could fall below critical mark, risking industry

German officials say water levels on the Rhine River could reach a critically low point in the coming days, making the transport of goods along the river increasingly difficult
August 10
The river Rhine is pictured with low water in Cologne, Germany, Wednesday, Aug. 10, 2022. The low water levels are threatening Germany's industry as more and more ships are unable to traverse the key waterway. Severe drought will worsen in Europe in August as a hot and dry summer persists. (AP Photo/Martin Meissner)
August 10

Lower prices offer Americans slight reprieve from inflation

Falling prices for gas, airline tickets and clothes gave Americans a little bit of relief last month, though overall inflation is still running at close to its highest level in four decades
August 10
Money is exchanged at a food stand while workers wear face masks inside Grand Central Market on Wednesday, July 13, 2022, in Los Angeles. Falling gas prices gave Americans a slight break from the pain of high inflation last month, though the surge in overall prices slowed only modestly from the four-decade high it reached in June. And even as gas prices fall, inflation in services such as health care, rents and restaurant meals is accelerating. (AP Photo/Marcio Jose Sanchez)
August 10

Axon, Trade Desk rise; Alcon, Rackspace fall

Stocks that traded heavily or had substantial price changes Wednesday: Axon, Trade Desk rise; Alcon, Rackspace fall
August 10
August 10

Closing prices for crude oil, gold and other commodities

Benchmark U.S. crude oil for September delivery rose $1.43 to $91.93 a barrel Wednesday
August 10
August 10

AP FACT CHECK: GOP skews budget bill’s impact on IRS, taxes

Republican politicians and candidates are distorting how a major economic bill working its way through Congress would overhaul the IRS and affect taxes for the middle class
August 10
FILE - A sign is displayed outside the Internal Revenue Service building on May 4, 2021, in Washington. Conservative politicians and candidates are distorting how a major economic bill passed over the weekend by the Senate would reform the IRS and affect taxes for the middle class. The Inflation Reduction Act, which awaits a House vote after passing in the Senate on Sunday, would increase the ranks of the IRS — but it wouldn’t create a mob of armed auditors looking to harass middle class taxpayers, as some Republicans are claiming. (AP Photo/Patrick Semansky, File)
August 10

Inflation slows significantly as gas prices drop in July

The slowdown coincides with a series of rate hikes from the Federal Reserve.
August 10
Gas prices are displayed at an Exxon gas station on July 29, 2022, in Houston.
August 10

Inflation slows in July as gas prices drop

ABC News business reporter Alexis Christoforous discusses the latest consumer price index report that shows inflation is up 8.5% in the past year and what that means for Americans’ wallets.
August 10
VIDEO: Inflation slows in July as gas prices drop
August 10

Serena's Choice: Williams' tough call resonates with women

She will step away to focus on having a second child.
August 10
FILE - Serena Williams of the U.S. returns in the final of the French Open tennis tournament against Lucie Safarova of the Czech Republic at the Roland Garros stadium, in Paris, France, Saturday, June 6, 2015. Saying “the countdown has begun,” 23-time Grand Slam champion Serena Williams said Tuesday, Aug. 9, 2022, she is ready to step away from tennis so she can turn her focus to having another child and her business interests, presaging the end of a career that transcended sports. (AP Photo/David Vincent, File)
August 10

US inflation slows from a 40-year peak but remains high

Falling gas prices gave Americans a slight break from the pain of high inflation last month, though the surge in overall prices slowed only modestly from the four-decade high it reached in June
August 10
FILE - Gas prices are displayed at a Sunoco gas station along the Ohio Turnpike near Youngstown, Ohio, Tuesday, July 12, 2022. Thanks largely to falling gas prices, the government’s inflation report for July, to be released Wednesday, Aug. 10, 2022, will probably show that prices jumped 8.7% from a year earlier, according to a survey of economists by data provider FactSet. (AP Photo/Gene J. Puskar, File)
August 10

Social media offers parents more controls. But do they help?

As concerns about social media’s harmful effects on teens continue to rise, platforms from Snapchat to TikTok to Instagram are bolting on new features designed to make their services safer and more age appropriate
August 10
FILE - The Snapchat app is seen on a mobile device in New York, Aug. 9, 2017. As concerns about social media's impact on teen psychology continue to rise, platforms from Snapchat to TikTok to Instagram are bolting on new features they say will make their services safer and more age appropriate. (AP Photo/Richard Drew, File)
August 10

Evictions spiking as assistance, protections disappear

Eviction filings around the country are returning to pre-pandemic levels in many cities and states
August 10
August 10

Evictions spiking as assistance, protections disappear

Eviction filings around the country are returning to pre-pandemic levels in many cities and states
August 10
August 10

Evictions spiking as assistance, protections disappear

Eviction filings around the country are returning to pre-pandemic levels in many cities and states
August 10
August 10

Evictions spiking as assistance, protections disappear

Eviction filings around the country are returning to pre-pandemic levels in many cities and states
August 10
August 10

Evictions spiking as assistance, protections disappear

Eviction filings around the country are returning to pre-pandemic levels in many cities and states
August 10
August 10

Evictions spiking as assistance, protections disappear

Eviction filings around the country are returning to pre-pandemic levels in many cities and states
August 10
August 10

Evictions spiking as assistance, protections disappear

Eviction filings around the country are returning to pre-pandemic levels in many cities and states
August 10
August 10

Evictions spiking as assistance, protections disappear

Eviction filings around the country are returning to pre-pandemic levels in many cities and states
August 10
August 10

Evictions spiking as assistance, protections disappear

Eviction filings around the country are returning to pre-pandemic levels in many cities and states
August 10
August 10

Explainer: Why is inflation so high?

Inflation stems from an imbalance between supply and demand.
August 10
A woman shops for groceries at a store on July 29, 2022 in Arlington, Virginia.
August 10

Russians buy last goods from H&M, IKEA as stores wind down

Russians are snapping up Western fashion and furniture this week.
August 10
People line up to enter an H&M shop and buy items on sale in the Aviapark shopping mall in Moscow, Russia, Tuesday, Aug. 9, 2022. Russians are snapping up Western fashion and furniture this week as H&M and IKEA sell off the last of their inventory in Russia, moving forward with their exit from the country after it sent troops into Ukraine. Sweden-based H&M and Netherlands-based IKEA had paused sales in Russia after the military operation began and are now looking to unload their stocks of clothing and furnishings as they wind down operations there. (AP Photo/Alexander Zemlianichenko)
August 10

China criticizes US chip law as threat to trade

China is criticizing a U.S. law to encourage processor chip production in the United States and reduce reliance on Asian suppliers as a threat to trade and an attack on Chinese business
August 10
August 10

Security firm finds flaws in Indian online insurance broker

A cybersecurity firm informed a major Indian online insurance brokerage last month that critical vulnerabilities in its network could expose sensitive personal and financial data from at least 11 million customers
August 10
A man looks at the website of policybazaar website at a local insurance company office in Mumbai, India, Wednesday, Aug. 10, 2022. A cybersecurity firm told the major Indian online insurance brokerage last month that critical vulnerabilities in the company’s internet-facing network could expose sensitive personal and financial data from its 11 million customers. CyberX9 followed the standard ethical-hacker playbook, giving the brokerage time to patch the flaws and inform authorities. A week later, publicly traded Policybazaar said it had been illegally breached but “no significant customer data was exposed.” (AP Photo/Rafiq Maqbool)
August 10

Inflation rises in Denmark, Norway, hitting food costs hard

Annual inflation in Denmark came at 8.7% last month — rising at the fastest pace since 1983 — while the figure in neighboring Norway reached 6.8%
August 10
August 10

Cathay Pacific losses narrow as COVID-19 restrictions ease

Hong Kong airline Cathay Pacific Airways says losses in the first half of the year narrowed as a relaxation in quarantine rules boosted passenger numbers
August 10
FILE - A man walks at the Cathay City, the headquarters of Hong Kong airline Cathay Pacific Airways, in Hong Kong, Wednesday, Oct. 21, 2020. The airline said Wednesday, Aug. 10, 2022, that losses in the first half of the year narrowed as a relaxation in quarantine rules boosted passenger numbers. (AP Photo/Kin Cheung, File)
August 10

Trump says he's testifying Wednesday in NY investigation

Trump says he will be questioned under oath Wednesday.
August 10
Former President Donald Trump arrives at Trump Tower, late Tuesday, Aug. 9, 2022, in New York. (AP Photo/Yuki Iwamura)
August 10

Asian stocks fall ahead of US inflation

Asian stocks have followed Wall Street lower ahead of U.S. inflation data traders worry will show upward pressure on prices still is too strong for the Federal Reserve to ease off interest rate hikes
August 10
FILE - The New York Stock Exchange on Wednesday, June 29, 2022, in New York. Stocks are opening lower on Wall Street Friday, Aug. 5, following much stronger than expected hiring data from the Labor Department.(AP Photo/Julia Nikhinson, File)
August 09

Former Twitter worker convicted of spying for Saudi Arabia

A former Twitter employee has been convicted of spying for Saudi Arabia, conspiracy to commit wire fraud and money laundering
August 09
FILE - A sign is pictured outside the Twitter headquarters in San Francisco, Monday, April 25, 2022. A former Twitter employee has been convicted of failing to register as an agent for Saudi Arabia and other charges after accessing private data on users critical of the kingdom’s government in a spy case that spanned from Silicon Valley to the Middle East. (AP Photo/Jed Jacobsohn, File)
August 09

How major US stock indexes fared Tuesday 8/09/2022

Stocks closed lower on Wall Street as disappointing earnings reports weighed on technology and travel companies
August 09
August 09

Micron, Novavax fall; Qualys, Nielsen Holdings rise

Stocks that traded heavily or had substantial price changes Tuesday: Micron, Novavax fall; Qualys, Nielsen Holdings rise
August 09
August 09

Chipotle to pay NYC workers $20M for violating labor laws

The fast-food chain Chipotle Mexican Grill will pay $20 million to current and former workers at its New York City restaurants for violating city labor laws
August 09
August 09

Closing prices for crude oil, gold and other commodities

Benchmark U.S. crude oil for September delivery fell 26 cents to $90.50 a barrel Tuesday
August 09
August 09

Warren Buffett's company has bet $47B on the oil sector

Berkshire Hathaway has control of more than 20% of Occidental Petroleum.
August 09
FILE - In this May 5, 2019, file photo, Warren Buffett, Chairman and CEO of Berkshire Hathaway, speaks during a game of bridge following the annual Berkshire Hathaway shareholders meeting in Omaha, Neb. Buffett's Berkshire Hathaway now controls nearly 20% of Occidental Petroleum's stock after picking up another $250 million worth of shares of the oil producer this week. Buffett has been buying stocks aggressively this year as the market fell, including investing more than $51 billion in the first quarter alone. (AP Photo/Nati Harnik, File)
August 09

Learning from failures: How Biden scored win on climate plan

Many pieces of President Joe Biden's domestic agenda have been jettisoned over the last year, but his proposals on climate change remain largely intact
August 09
Sen. Bernie Sanders, I-Vt., speaks with reporters on Capitol Hill in Washington, Aug. 6, 2022. Although many pieces of President Joe Biden's domestic agenda were jettisoned over the last year, his proposals on climate change remained largely intact. The legislation was passed by the Senate over the weekend and is expected to receive a vote in the House on Friday. (AP Photo/Patrick Semansky)