ABC Business News

Justin Sullivan/Getty Images (WASHINGTON) — President Donald Trump called on the CEO of Intel, Lip-Bu Tan, to resign “immediately.” “The CEO of INTEL is highly CONFLICTED and must resign, immediately. There is no other solution [Read More…]

Andrew Harnik/Getty Images (NEW YORK) — OpenAI on Thursday released GPT-5, unveiling a new version of the artificial intelligence model that fuels popular chatbot ChatGPT. The product will be made immediately available to users, including [Read More…]

Chip Somodevilla/Getty Images (WASHINGTON) — President Donald Trump’s sweeping new tariffs finally took effect on Thursday, slapping levies on dozens of countries and risking price increases for a host of everyday goods. Tariffs between 10% [Read More…]

Jon Hobley | MI News/NurPhoto via Getty Images (ST. LOUIS) — About 3,200 union members at Boeing facilities in Michigan and Illinois went on strike at midnight on Monday after rejecting an contract offer from [Read More…]

Anthony Devlin/Getty Images (MIAMI) — ABC began broadcasting with a new local affiliate in Miami on Monday, just months after Disney Entertainment struck an agreement with Sunbeam Television Corporation. Under the deal established in March, [Read More…]

Anna Moneymaker/Getty Images (NEW YORK) — Hiring slowed in July as President Donald Trump’s tariffs pinched the balance sheets of some major companies and reshaped the nation’s trade relationships. The reading fell short of economists’ expectations. The [Read More…]

Anna Moneymaker/Getty Images (NEW YORK) — Hiring slowed in July as President Donald Trump’s tariffs pinched the balance sheets of some major companies and reshaped the nation’s trade relationships. The reading fell short of economists’ expectations. The [Read More…]

Spencer Platt/Getty Images (NEW YORK) — U.S. stocks tumbled in early trading on Friday, just hours after President Donald Trump signed an executive order slapping new tariffs on dozens of countries. A weak jobs report worsened investor jitters, revealing [Read More…]

Andrew Harnik/Getty Images (WASHINGTON) — President Donald Trump on Thursday sharply criticized India over its trade policy, escalating a series of attacks as the White House readies to ratchet up tariffs on the country. The Trump administration plans to [Read More…]

Chip Somodevilla/Getty Images (WASHINGTON) — The Federal Reserve held interest rates steady on Wednesday, just days after President Donald Trump made an unusual visit to the central bank, calling for a rate cut. The central [Read More…]

US Treasury Secretary Scott Bessent (R) and US Trade Representative Jamieson Greer (L) held a press briefing on the outcome of weekend trade talks with China in Geneva, Switzerland on May 12, 2025. (Photo by [Read More…]

Chip Somodevilla/Getty Images (NEW YORK) — President Donald Trump unveiled a trade agreement with the European Union on Sunday, making it the latest in a series of accords as the White House threatens to slap tariffs on dozens of [Read More…]

Matt Cardy/Getty Images (NEW YORK) — President Donald Trump’s tariffs cost German auto giant Volkswagen about $1.5 billion over the first half of 2025, the company said on Friday. Sales in North America plunged 16% due primarily to U.S. [Read More…]

Chip Somodevilla/Getty Images (WASHINGTON) — President Donald Trump is set to visit the Federal Reserve on Thursday, ratcheting up pressure on the central bank after his repeated calls for lower interest rates. It marks the [Read More…]

(WASHINGTON) — President Donald Trump announced a trade agreement with Japan on Tuesday, making it the largest U.S. trade partner to broker an accord as the White House threatens to impose tariffs on dozens of [Read More…]

Kevin Carter/Getty Images (NEW YORK) — President Donald Trump’s tariffs are costing Jeep maker Stellantis hundreds of millions of dollars, the company said Monday. The giant carmaker expects to have suffered nearly $350 million in [Read More…]

Spencer Platt/Getty Images (NEW YORK) — Consumer sentiment ticked higher in July, marking two consecutive months of improved shopper attitudes as businesses navigated President Donald Trump’s latest tariff threats targeting dozens of countries. The fresh reading matched economists’ [Read More…]

(WASHINGTON) — Private spaceflight is transforming from joy rides for billionaires into a gateway for nations to establish their space presence, one expert says, as the latest Axiom Space mission returned to Earth on Tuesday. [Read More…]

Matteo Colombo/Getty Images (NEW YORK) — Stocks were mixed in early trading on Monday after President Donald Trump over the weekend issued 30% tariffs on the European Union and Mexico, rekindling tensions with two of [Read More…]

Chip Somodevilla/Getty Images (WASHINGTON) — President Donald Trump has posted two letters on his social media platform announcing new tariffs on the European Union and Mexico that will take effect on Aug. 1. Trump will [Read More…]