ABC Business News

Tom Williams/CQ-Roll Call, Inc via Getty Images (WASHINGTON) — Federal Reserve Chair Jerome Powell said Friday he expects President Donald Trump’s tariff policy will hike prices and slow economic growth, while noting that key indicators “still show [Read More…]

(SimpleImages/Getty Images) (NEW YORK) — U.S. hiring surged in March, blowing past economists’ expectations and defying concern on Wall Street about a possible economic recession, government data on Friday showed. The fresh data offered news [Read More…]

(lvcandy/Getty Images) (NEW YORK) — U.S. stocks continued their plunge in early trading on Friday, just hours after China announced retaliatory tariffs in response to President Donald Trump’s “Liberation Day” levies. The Dow Jones Industrial [Read More…]

(SimpleImages/Getty Images) (NEW YORK) — U.S. hiring surged in March, blowing past economists’ expectations and defying concern on Wall Street about a possible economic recession, government data on Friday showed. The U.S. added 228,000 jobs [Read More…]

(lvcandy/Getty Images) (NEW YORK) — Stock markets continued their slide on Friday morning, as the shockwaves of President Donald Trump’s “Liberation Day” tariffs continued to reverberate around the globe. U.S. stock futures slipped further, with [Read More…]

Bryan Woolston/Getty Images (NEW YORK) — The Kentucky bourbon industry said it is reeling from retaliatory actions taken by Canada and the European Union in response to President Donald Trump’s trade war against both global [Read More…]

Spencer Platt/Getty Images (NEW YORK) — U.S. stocks suffered major losses on Thursday at close of the first trading session after President Donald Trump’s sweeping tariffs announcement. The Dow Jones Industrial Average plummeted 1,679 points, [Read More…]

(Karl Tapales/Getty Imag) (NEW YORK) — With the clock ticking on TikTok’s deadline to sell or face a ban in the U.S., the battle to buy the app has intensified. Amazon has now sent a [Read More…]

Spencer Platt/Getty Images (NEW YORK) — U.S. stocks plunged in early trading on Thursday, just hours after President Donald Trump’s sweeping tariffs announcement touched off threats of countermeasures from foreign leaders. The Dow Jones Industrial [Read More…]

(Karl Tapales/Getty Imag) (NEW YORK) — With the clock ticking on TikTok’s deadline to sell or face a ban in the U.S., the battle to buy the app has intensified. Amazon has now sent a [Read More…]

Michael M. Santiago/Getty Images (NEW YORK) — Foreign stock markets tumbled on Thursday morning following President Donald Trump’s announcement of a raft of tariffs on America’s trade partners — including a minimum baseline tariff of [Read More…]

Michael M. Santiago/Getty Images (NEW YORK) — U.S. stocks stood essentially unchanged in trading on Wednesday hours before President Donald Trump’s expected announcement of sweeping tariffs, which the White House has dubbed “Liberation Day.” The [Read More…]

Artur Widak/NurPhoto via Getty Images (NEW YORK) — Deliveries of Elon Musk’s Tesla vehicles dropped about 13% compared to a year ago, according to a new release from the company. The decline comes amid criticism of Musk [Read More…]

Michael M. Santiago/Getty Images (NEW YORK) — U.S. stocks tumbled in early trading on Wednesday hours before President Donald Trump’s expected announcement of sweeping tariffs, which the White House has dubbed “Liberation Day.” The Dow [Read More…]

Spencer Platt/Getty Images (NEW YORK) — Canada vowed to respond with retaliatory tariffs if President Donald Trump slaps additional levies on Canadian goods as part of an expected announcement of sweeping new tariffs on Wednesday. [Read More…]

Spencer Platt/Getty Images (NEW YORK) — U.S. stocks tumbled in early trading on Tuesday, just a day before President Donald Trump’s expected announcement of sweeping new tariffs, which threatens to escalate a global trade war. [Read More…]

Spencer Platt/Getty Images (NEW YORK) — Stocks fell on Monday ahead of the expected introduction of President Donald Trump’s sweeping tariffs on Wednesday, measures the president said will impact “all countries.” The Dow Jones Industrial [Read More…]

Spencer Platt/Getty Images (NEW YORK) — U.S. stocks plunged in early trading on Monday ahead of the expected introduction of President Donald Trump’s sweeping tariffs on Wednesday, measures the president said will impact “all countries.” [Read More…]

Spencer Platt/Getty Images (NEW YORK) — Foreign markets saw a wave of selloffs on Monday morning ahead of the expected introduction of President Donald Trump’s sweeping tariffs on Wednesday, measures the president said will impact [Read More…]

Scott Olson/Getty Images (MADISON, WI) — Just hours after the state Supreme Court rejected Wisconsin Attorney General Josh Kaul’s effort to block Elon Musk from handing out $1 million checks on Sunday night, the billionaire [Read More…]