ABC Business News

Scott Olson/Getty Images (WASHINGTON) — The U.S. Consumer Price Index released on Wednesday showed May inflation ticking slightly higher, rising 2.4%, in line with expectations. The report amounted to the latest test for President Donald [Read More…]

Stanislav Kogiku/SOPA Images/LightRocket via Getty Images (LONDON) — The Nintendo Switch 2 is off to a turbo-charged start, thanks to a little help from Mario and his friends in Mario Kart World, smashing its own [Read More…]

Scott Olson/Getty Images (WASHINGTON) — A fresh inflation report to be released on Wednesday will provide the latest test for President Donald Trump’s tariffs as some retailers and economists warn the policy will raise prices. [Read More…]

Jeff Bottari/Zuffa LLC (NEW YORK) — A feud between President Donald Trump and Tesla CEO Elon Musk hammered shares of the electric carmaker on Thursday, before a lull in the acrimony on Friday prompted a [Read More…]

Marcus Brandt/picture alliance via Getty Images (NEW YORK) — The U.S. trade deficit narrowed significantly in April as President Donald Trump sharply escalated tariffs before pausing a large swath of the levies, U.S. Commerce Department [Read More…]

Scott Olson/Getty Images (NEW YORK) — Executives at major corporations, including Target, Goldman Sachs and Pepsi, have invoked the same one-word boogeyman on recent earnings calls: “Uncertainty.” Concern among companies big and small about the [Read More…]

Tasos Katopodis/Getty Images (WASHINGTON) — A digital asset company has collaborated with the firm behind President Donald Trump’s $TRUMP meme coin to launch what it’s calling the “Official $TRUMP Wallet” — but the president’s sons, [Read More…]

Tasos Katopodis/Getty Images (NEW YORK) — The United States’ economic growth forecast was cut sharply on Tuesday by the Organization for Economic Co-operation and Development, or OECD, which attributed the gloomy outlook in part to tariffs issued by President [Read More…]

Kevin Dietsch/Getty Images (WASHINGTON) — Price increases could hit canned soup, dishwashers, cars and an array of other products as a result of President Donald Trump’s planned hike of steel and aluminum tariffs, experts told ABC News. The [Read More…]

Imma is the creation of a company called Aww, Inc. (ABC News) (NEW YORK) — Snapchat influencer Caryn Marjorie arrives at the ABC News headquarters in New York City carrying a shopping bag from Apple. [Read More…]

Matteo Colombo/Getty Images (NEW YORK) — Stocks closed higher on Thursday after a panel of federal judges blocked President Donald Trump from slapping some of his far-reaching tariffs on China and other major U.S. trading partners. A [Read More…]

Matteo Colombo/Getty Images (NEW YORK) — Stocks were mixed on Thursday after a panel of federal judges blocked President Donald Trump from slapping some of his far-reaching tariffs on China and other major U.S. trading partners. The [Read More…]

Matteo Colombo/Getty Images (NEW YORK) — Stocks surged at the open of trading on Thursday after a panel of federal judges blocked President Donald Trump from slapping some of his far-reaching tariffs on China and [Read More…]

Craig T Fruchtman/Getty Images (NEW YORK) — Macy’s slashed its full-year profit forecast on Wednesday, attributing the downbeat expectations in part to tariffs imposed by President Donald Trump. The New York-based retail chain is the [Read More…]

Silas Stein/picture alliance via Getty Images (NEW YORK) — The GENIUS Act, a cryptocurrency regulation bill making its way through the Senate, has thrust a little-known type of digital asset into the spotlight. The industry-backed [Read More…]

lechatnoir/Getty Images (NEW YORK) — Consumer confidence improved more than expected in May, ending a monthslong stretch of worsening consumer attitudes as President Donald Trump’s tariffs set off company warnings about price increases even after [Read More…]

ABC News Buying a Tesla has become a bit more complicated in the past year. The company’s Model Y and Model 3 continue to be the best-selling electric vehicles in the U.S., accounting for more [Read More…]

Andrew Harnik/Getty Images (WASHINGTON) — President Donald Trump has disrupted global trade and roiled markets in an effort to bring manufacturing jobs back to the U.S. Some of his top tech allies, however, have backed [Read More…]

Win McNamee/Getty Images (WASHINGTON) — Despite repeated claims from the White House that President Donald Trump’s Thursday night gala for the top holders of his cryptocurrency meme coin had nothing to do with his official [Read More…]

Spencer Platt/Getty Images (NEW YORK) — Stocks tumbled in early trading on Friday after President Donald Trump threatened new tariffs targeting tech giant Apple and the European Union. The Dow Jones Industrial Average dropped 458 [Read More…]