Michael Godek/Getty Images (NEW YORK) — An alliance of oil-producing countries on Wednesday announced a dramatic cut in oil output with major implications for U.S. gas prices, industry analysts told ABC News. The group of nations known as OPEC+, led by Saudi Arabia and Russia, agreed on Wednesday to cut oil production by two million […]

Nitat Termmee/Getty Images (NEW YORK) — A surge of women in the manufacturing industry in recent years has punctured the stereotypes of who is working in American factories, data shows. During the 2010s, the share of women in the manufacturing industry grew among all age groups, according to a Census Bureau analysis released on Monday. […]

Grant Faint/Getty Images (WASHINGTON) — The Supreme Court agreed this week to hear a challenge to a fundamental legal protection enjoyed by social media platforms like Facebook, Twitter and Tik Tok. The ruling could dramatically change how those platforms operate, even affecting search engines like Google, legal experts told ABC News. The case concerns Section […]

Ricardo Arduengo/AFP via Getty Images (NEW YORK) — Hurricane Ian flooded cities and devastated homes across Florida and coastal South Carolina, leaving destruction in its wake. Search-and-rescue missions are ongoing as the death toll climbed to 85 on Sunday, based on information from local officials. Meanwhile, residents and officials assessed the damage incurred by the […]

Franz Marc Frei/Getty Images (NEW YORK) — Fleeing Hurricane Ian, Kallie Collins, her fiance and four of her children flew out of Tampa Bay on Tuesday hours before the airport halted flights. However, her fifth child, a 14-year-old boy, wasn’t on the plane with them. Months earlier, the family had purchased plane tickets for an […]

Ricardo Arduengo/AFP via Getty Images (NEW YORK) — Hurricane Ian flooded major cities and devastated homes after it made landfall in Florida — but the damage isn’t done. After temporarily becoming a tropical storm, Hurricane Ian accelerated to Category 1 strength on Thursday night as it barreled toward South Carolina, with landfall expected on Friday. […]

Tetra Images/Getty Images (NEW YORK) — As elevated prices for oil and gas strain U.S. households, the country faces a weather event that some fear will send the costs of these essentials even higher: Hurricane Ian. The category 4 hurricane on Wednesday sustained wind speeds of 150 miles per hour as it made landfall on […]

Matteo Colombo/Getty Images (NEW YORK) — A year of sharp declines for the stock market reversed over the summer, giving stocks a much-needed rebound. But a bout of deep losses across the major stock indices in recent weeks has renewed fears of further decline. The S&P 500 on Monday closed at a lower point than […]

Oscar Wong/Getty Images (NEW YORK) — U.S. consumer confidence rose more than expected this month, extending a rebound in sentiment that began with a jump in August. The growing confidence in the U.S. economy defies recession fears on Wall Street less than a week after the Federal Reserve raised its benchmark interest rate and forecasted […]

courtneyk/Getty Images (WASHINGTON) — The Federal Reserve escalated its fight against inflation this week, instituting a major rate increase and saying more will likely follow. The moves will cause a jump in the number of unemployed Americans by the end of next year, the central bank said. The Fed has put forward a series of […]

Current track