ABC Business News

General_4530/Getty Images (WASHINGTON) — Former President Donald Trump has proposed tariffs as the solution for a host of perceived ills: the decline of U.S. manufacturing, the arrival of undocumented immigrants and the costs of childcare, [Read More…]

Tim Boyle/Getty Images (NEW YORK) — 7-Eleven will close more than 400 of its “underperforming stores” across the U.S. and Canada in an effort to reduce costs and bolster earnings before the end of the [Read More…]

Dominika Zarzycka/NurPhoto via Getty Images (NEW YORK) — Boeing will reduce the size of its total workforce by 10% over the coming months, CEO Kelly Ortberg said in a letter to employees on Friday. That [Read More…]

Andrew Harnik/Getty Images (NEW YORK) — Inflation has loomed over the U.S. economy like a movie villain, haunting grocery store trips and gas runs. While costs remain much higher than they were a few years [Read More…]

Spencer Platt/Getty Images (TAMPA, Fla.) — Hurricane Milton left widespread gasoline shortages across Florida after it made landfall on Wednesday night and cut across the state. The damage exacerbated fuel outages that began before the [Read More…]

Justin Sullivan/Getty Images (NEW YORK) — An escalation of conflicts in the Middle East in recent weeks has triggered a sharp increase in oil prices, raising uncertainty about where costs will head in the final [Read More…]

Anna Moneymaker/Getty Images (NEW YORK) — U.S. hiring surged in September, blowing past economist expectations and rebuking concern about weakness in the labor market. The fresh report marks one of the last major pieces of [Read More…]

Nitat Termmee/Getty Images (NEW YORK) — In the final weeks of the campaign, former President Donald Trump and Vice President Kamala Harris have sought to best each other on the all-important issue of the economy, [Read More…]

The Michael Kors Store on Rodeo Drive on Feb. 23, 2017 in Beverly Hills, Calif. (Fg/bauer-griffin/GC Images via Getty Images, FILE) (NEW YORK) — The Federal Trade Commission is asking a federal judge in New [Read More…]

McDonald’s (NEW YORK) — It’s a monster mash at McDonald’s, with the new limited-edition Happy Meal Boo Buckets making their return to the Golden Arches. On Oct. 15, the iconic plastic buckets, which make for [Read More…]

Michael Nagle/Bloomberg via Getty Images (NEW YORK) — Tens of thousands of U.S. dockworkers are set to walk off the job early Tuesday morning, clogging dozens of ports along the East and Gulf coasts and [Read More…]

Downed trees on a home in the aftermath of Hurricane Helene, Sept.r 29, 2024, in Rutherfordton, N.C. (Sean Rayford/Getty Images) (NEW YORK) — Hurricane Helene flooded properties and devastated buildings in recent days as it [Read More…]

Lauren Justice/Bloomberg via Getty Images (NEW YORK) — Tens of thousands of dockworkers are set to strike as soon as Oct. 1, potentially snarling dozens of ports along the East and Gulf coasts with major [Read More…]

This undeveloped property in Randolph, New Jersey, was sold in December 2023, but the owners did not place the land on the market. (Jared Kofsky/ABC News) (NEW YORK) — When a man claiming to own [Read More…]

As seen on Instagram (NEW YORK) — If you’ve opened Instagram over the last few days, you’ve likely seen a post that begins with the words “Goodbye Meta AI.” The post, most often shared on [Read More…]

Arby’s (NEW YORK) — Much like its fellow fast food competitors slashing prices and offering special discounts to lure in customers, Arby’s is adding a new deal to its menu with its Double the Meats [Read More…]

Jeff Swensen/Getty Images (WASHINGTON) — Former President Donald Trump has raised few policies on the campaign trail more often than tariffs, which he says would rejuvenate manufacturing, create jobs, restrain immigration and help bankroll childcare, [Read More…]

The Boeing logo is pictured at the Boeing Renton Factory in Renton, Washington on March 12, 2019. (JASON REDMOND/AFP via Getty Images) (NEW YORK) — The Senate Permanent Subcommittee on Investigations published a memo Wednesday [Read More…]

Douglas Sacha/Getty Images (NEW YORK) — Inflation bedeviled the U.S. economy for years, but a cooldown in price increases has shifted concern toward a different foe: Unemployment. Hiring remains solid but has slowed dramatically from [Read More…]

Anton Petrus/Getty Images (NEW YORK) — The Federal Reserve handed down a large interest rate cut this week, dialing back the central bank’s fight against inflation and signaling welcome relief for borrowers. It remains to [Read More…]