ABC Business News

Michael M. Santiago/Getty Images (NEW YORK) — U.S. stocks climbed on Friday, shrugging off new Chinese tariffs on American goods that intensified a trade war between the two largest economies in the world. The Dow Jones Industrial Average jumped [Read More…]

Marcus Wells, a barista at Float Coffee in Hollywood, Calif., speaks, April 8, 2025, about the impact the global tariff war will have on his business. KABC (NEW YORK) — Americans’ love affair with coffee [Read More…]

Michael M. Santiago/Getty Images (NEW YORK) — U.S. stocks seesawed between gains and losses in early trading on Friday as new Chinese tariffs on American goods intensified a trade war between the two largest economies [Read More…]

Anna Moneymaker/Getty Images (WASHINGTON) — President Donald Trump’s decision to pause so-called “reciprocal tariffs” for most countries triggered a historic stock market rally on Wednesday, but the levies that remain in place are still expected [Read More…]

Kinga Krzeminska/Getty Images (NEW YORK) — Consumer prices rose 2.4% in March compared to a year ago, marking a cooldown during a period that preceded the recession warnings and market turmoil following President Donald Trump’s [Read More…]

CFOTO/Future Publishing via Getty Images (NEW YORK) — U.S. stocks surged on Wednesday after President Donald Trump announced a 90-day pause in some tariffs. The Dow Jones Industrial Average climbed 2,370 points, or 6.3%, while [Read More…]

ABC News (RALEIGH, N.C.) — In the Research Triangle area in and around Raleigh, North Carolina, home sales and construction development are booming as thousands flock to the area in search of affordable homes close [Read More…]

Jared Siskin/Patrick McMullan via Getty Images (NEW YORK) — Hedge fund honcho Bill Ackman has joined a growing list of President Donald Trump’s billionaire backers calling for the White House to slam the brakes on [Read More…]

CFOTO/Future Publishing via Getty Images (NEW YORK) –U.S. stocks climbed on Wednesday, marking the latest swing in volatile trading and defying fears of a global trade war as China and the European Union slapped retaliatory [Read More…]

CFOTO/Future Publishing via Getty Images (TAIWAN) — Asian stocks plunged during Wednesday’s trading session after President Donald Trump’s latest batch of sanctions on China came into force, helping wipe off Tuesday’s limited gains and compounding [Read More…]

Kevin Dietsch/Getty Images (WASHINGTON) — After days of market tumult, President Donald Trump on Wednesday makes good on his long-sought goal of imposing aggressive tariffs against dozens of U.S. trading partners. But his gamble comes [Read More…]

Kevin Dietsch/Getty Images (WASHINGTON) — President Donald Trump has repeatedly touted a drop in oil prices and borrowing costs as a sign that sweeping new tariffs bode well for the U.S. economy. Experts who spoke [Read More…]

Man Hei Leung/Anadolu via Getty Images (NEW YORK) — U.S. stocks rose on Tuesday in a burst of investor optimism as the Trump administration signaled plans to negotiate with some countries targeted by sweeping new [Read More…]

U.S. President Donald Trump visits a cryptocurrency-themed bar called Pubkey in the West Village on September 18, 2024 in New York City. (Photo by Spencer Platt/Getty Images) (WASHINGTON) — The Trump administration is pulling back [Read More…]

Man Hei Leung/Anadolu via Getty Images (SEOUL) — Asian markets opened up on Tuesday after posting significant losses on Monday driven by President Donald Trump’s global tariffs campaign, with U.S. futures also rising slightly after [Read More…]

Bettmann Archive via Getty Images (NEW YORK) — As the world reels from tariffs instituted by the Trump administration, stock markets are widely in decline. On Friday, U.S. stock saw the worst decline since the [Read More…]

Sawayasu Tsuji/Getty Images (NEW YORK) — U.S. stocks tumbled at opening on Monday as President Donald Trump’s tariffs stoked fears of a wider global trade war and Wall Street firms sounded alarms about a possible [Read More…]

Sawayasu Tsuji/Getty Images (HONG KONG) — Key global stock markets tumbled upon opening on Monday as the world’s reaction to President Donald Trump’s tariffs campaign continued — and as U.S. futures signaled more turmoil for [Read More…]

Chip Somodevilla/Getty Images (NEW YORK) — U.S. consumers are going on a tariff-induced shopping spree. From furniture, to appliances, to alcohol, Americans are rushing to buy before President Donald Trump’s sweeping tariffs are felt at [Read More…]

(lvcandy/Getty Images) (NEW YORK) — U.S. stocks closed down significantly on Friday after a continued selloff amid fallout from President Donald Trump’s “Liberation Day” tariffs. The Dow Jones Industrial Average plummeted 2,230 points, or 5.5%, while [Read More…]