Business

 Gold prices hit new heights in early 2026 — and many consumers have rushed to buy and sell pieces of the precious metal ​Read More  ABC News: Business ​Business 

 The parent company of Saks Fifth Avenue and Neiman Marcus is closing most of its Saks Off 5th locations as it restructures its organization to focus on its iconic department stores and raise money to pay off its debts during its Chapter 11 reorganization ​Read More  ABC News: Business ​Business 

 Exxon Mobil’s fourth-quarter adjusted profit managed to top analysts’ expectations as the oil and natural gas company continued to experience solid production in the Permian Basin and Guyana ​Read More  ABC News: Business ​Business 

 The European economy recorded modest growth at the end of last year, overcoming higher U.S. tariffs ​Read More  ABC News: Business ​Business 

 Ethiopia’s national carrier cancelled flights to and from its troubled northern region of Tigray as fears grew of a renewed fighting between federal troops and regional forces ​Read More  ABC News: Business ​Business 

 Pharrell Williams uses the Recording Academy stage to pray for U.S. leaders ​Read More  ABC News: Business ​Business 

 Brazilian courts have found that the Belo Monte hydropower plant in the Amazon failed to meet environmental and social requirements ​Read More  ABC News: Business ​Business 

 The top U.S. envoy to China has called for fair and reciprocal trade between the world's two largest economies ​Read More  ABC News: Business ​Business 

 U.S. applications for unemployment benefits inched down modestly last week, remaining at historically healthy levels despite recent high-profile layoff announcements ​Read More  ABC News: Business ​Business