Page Updated: Wednesday, May 13, 2026 11:59 PM ET

ABC News - Business

Tomatoes, seafood and more: Why are these grocery prices soaring? A historic oil shock has driven up supply chain costs, some analysts said.

1 hour ago

Senate confirms Fed chair nominee Kevin Warsh, ending standoff over Powell probe

8 hours ago

Jobs report showed hiring slowed, but exceeded expectations -- The war continues to drive up gas prices, threatening a drag on the economy.

5 days ago

What are Instants? Instagram launches new feature

2 hours ago

Inflation jumps to its highest level in three years

1 day ago

Producer prices up 6%, adding to pressure on companies to raise prices for customers

11 hours ago

Japanese automaker Nissan reduces losses and expects to return to profit

16 hours ago

Japan's SoftBank racks up huge profit gains with lift from lucrative AI investments

14 hours ago

What a gas tax holiday would mean for fuel costs

16 hours ago

Allegiant Air, Sun Country complete merger, creating larger budget airline

2 hours ago

Why are gas prices higher at branded stations? Experts explain -- Name-brand stations make up nearly half of all gas stations nationwide.

11 hours ago

DOJ reaches $30 million deal with PayPal over minority-owned business program -- PayPal agreed to waive processing fees in order to resolve the investigation.

1 day ago

First wave of tariff refunds will hit some businesses tomorrow -- More than 330,000 importers paid the $166 billion in tariffs.

1 day ago

How Mercedes-Benz exec Melody Lee is making her voice heard -- Melody Lee joined Mercedes-Benz USA in 2023.

2 days ago