ABC Business News

Justin Sullivan/Getty Images (NEW YORK) — Over the weekend, genetic testing and biotechnology company 23andMe filed for Chapter 11 bankruptcy. Founded in 2006, the company became popular with millions of Americans who sent in samples [Read More…]

(Andrew Harnik/Getty Images) (NEW YORK) — A representative of the Securities and Exchange Commission served Elon Musk earlier this month with a copy of a complaint alleging he misled investors when he bought millions of [Read More…]

Federal Reserve Chairman Jerome Powell/Kevin Dietsch/Getty Images (WASHINGTON) — President Donald Trump late Wednesday criticized the Federal Reserve, urging the central bank to reduce interest rates, hours after it chose to leave borrowing rates unchanged. [Read More…]

Spencer Platt/Getty Images (WASHINGTON) — Federal Reserve Chair Jerome Powell stepped to the podium in August with a sunny forecast that defied the snow-capped mountains inscribed on curtains behind him. The central bank planned to [Read More…]

Spencer Platt/Getty Images (NEW YORK) — The Federal Reserve is set to announce its first interest rate decision since a global trade war touched off by President Donald Trump’s tariffs sent stocks reeling and triggered [Read More…]

Jakub Porzycki/NurPhoto via Getty Images (NEW YORK) — As Tesla stock has fallen in recent weeks, members of the board and an executive at Elon Musk’s company have been selling off millions of dollars in [Read More…]

Ni Lifang/VCG via Getty Images (NEW YORK) — President Donald Trump’s tariffs sent stocks tumbling in recent weeks, but the uncertainty helped propel a different asset viewed as a safe haven: gold. The price of [Read More…]

Harvard Yard/ Andrew Lichtenstein/Corbis via Getty Images) (CAMBRIDGE, Mass.) — Harvard University on Monday announced that tuition will be free for students from families with annual incomes of $200,000 or less starting in the 2025-26 [Read More…]

lechatnoir/Getty Images (NEW YORK) — Consumer attitudes soured in March alongside slumping markets and growing concern about a possible recession, University of Michigan survey data on Friday showed. Sentiment worsened more than economists expected. The [Read More…]

Spencer Platt/Getty Images (NEW YORK) — U.S. stocks climbed in early trading on Thursday, advancing amid signs the federal government may avert a shutdown and recovering some of the losses suffered during an escalating trade [Read More…]

Makoto Honda / 500px/Getty Images (WASHINGTON) — President Donald Trump on Thursday stood firm on his tariff policy, hours after threatening to escalate a global trade war with a 200% tariff on champagne and other [Read More…]

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City. (NEW YORK) — U.S. stocks dropped slightly lower early Thursday, after a reprieve for the S&P and Nasdaq a [Read More…]

Makoto Honda / 500px/Getty Images (WASHINGTON) — President Donald Trump on Thursday threatened a 200% tariff on champagne and other alcohol products from the European Union, escalating a global trade war that has roiled markets [Read More…]

Noel Hendrickson/Getty Images (NEW YORK) — Consumer prices rose 2.8% in February compared to a year ago, easing slightly over the first full month under President Donald Trump and offering welcome news for markets roiled [Read More…]

Spencer Platt/Getty Images (NEW YORK) — U.S. stocks teetered in early trading on Wednesday, posting shaky performance amid an escalating global trade war and concerns about a possible recession. After some initial modest gains, the [Read More…]

Noel Hendrickson/Getty Images (NEW YORK) — Consumer prices rose 2.8% in February compared to a year ago, easing slightly over the first full month under President Donald Trump and offering welcome news for markets roiled [Read More…]

Spencer Platt/Getty Images (NEW YORK) — Stocks futures traded slightly higher early Wednesday, following another volatile day for the market amid the continued rollout of President Donald Trump’s tariffs on goods from top U.S. trading [Read More…]

Brandon Bell/Getty Images (WASHINGTON) — An inflation report to be released on Wednesday will provide a fresh gauge of economic performance under President Donald Trump as markets slide and recession fears swell in response to [Read More…]

Li Hongbo / Feature China/Future Publishing via Getty Images (WASHINGTON) — U.S. tariffs on imported steel and aluminum are now in effect, part of an escalating series of trade maneuvers by President Donald Trump that [Read More…]

Busakorn Pongparnit via Getty Images (NEW YORK) — The major U.S. airlines thought they were going to have a strong first quarter, but things are not going as well as expected. Each of the major [Read More…]