If it is a constant grind or rubbing noise when driving, then you either have a bad tire or more likely a bad front hub bearing. That would also explain the ABS light. Driving at, say, 30 MPH and turning the wheel the noise will usually change.
The front hub bearing is also a wheel speed sensor for the antilock brakes. When a hub bearing goes bad, it will make a grinding noise that increases as vehicle speed increases and can also set a code in the ABS computer.
More Grinding Hub Bearing Noise